The Reserve Bank of India (RBI) has extended the directions imposed on Lokapavani Mahila Sahakari Bank Niyamitha, Mandya, under Section 35A read with Section 56 of the Banking Regulation Act, 1949, in the public interest.
The directions were originally issued on July 29, 2025, for a period of six months up to the close of business on January 30, 2026. The RBI has now extended the validity of the directive by an additional three months, from the close of business on January 30, 2026, to the close of business on April 30, 2026, subject to review.
The central bank clarified that the extension or any modification should not be construed as an indication of its satisfaction with the bank’s financial position. All other terms and conditions of the directive will remain unchanged.