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(02/04/2026 10:12)

RBI extends curbs on The Bhavani Sahakari Bank till July 4, 2026

The Reserve Bank of India has extended the regulatory restrictions on The Bhavani Sahakari Bank Ltd. for an additional three months, from April 4, 2026 to July 4, 2026.

The directions, originally imposed in July 2025 under the Banking Regulation Act, 1949, had already been extended earlier and will now continue in force in the interest of the public, subject to further review.

RBI clarified that the extension should not be interpreted as an indication of satisfaction with the bank’s financial position. All other conditions of the existing directive remain unchanged.
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