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(22/04/2026 14:26)

RBI extends restrictions on The Suri Friends’ Union Co-operative Bank Ltd till July 22, 2026

The Reserve Bank of India (RBI) has extended the Directions imposed on The Suri Friends’ Union Co-operative Bank Ltd, Suri, West Bengal, for a further three months—from April 22, 2026 to July 22, 2026.

The extension has been issued under the provisions of the Banking Regulation Act, 1949, citing public interest. The Directions, initially imposed in July 2022, have been periodically extended, with the last extension valid until April 22, 2026.

The central bank clarified that the continuation of these restrictions should not be interpreted as an indication of satisfaction with the bank’s financial health.

All other terms and conditions of the existing Directions will remain unchanged, and the situation will be reviewed further.
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