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(04/06/2026 17:04)

RBI extends restrictions on Amanath Co-operative Bank till September 2026

The Reserve Bank of India (RBI) has extended the regulatory restrictions imposed on The Amanath Co-operative Bank Ltd. for an additional three months, from June 12, 2026, to September 12, 2026, subject to further review.

The directions were originally issued in June 2024 under the Banking Regulation Act, 1949, and have been periodically extended by the central bank. The latest extension has been made in the public interest to ensure continued regulatory oversight of the bank.

RBI clarified that all other terms and conditions of the existing directions will remain unchanged during the extended period.

The central bank also emphasized that the extension of these restrictions should not be interpreted as an indication that it is satisfied with the bank's financial position. The regulatory measures will continue to remain in force while RBI reviews the bank's condition and progress.
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