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(03/07/2026 12:17)

RBI extends curbs on Ramgarhia Co-operative Bank Until October 8

The Reserve Bank of India (RBI) has extended the regulatory restrictions imposed on Ramgarhia Co-operative Bank Ltd., New Delhi, for another three months, from July 8, 2026, to October 8, 2026, subject to review.

The directions, originally issued in July 2022 under the Banking Regulation Act, have been periodically extended to safeguard public interest. RBI clarified that the extension should not be interpreted as an indication of the bank's financial health, and all other terms and conditions of the existing directive will remain unchanged.
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