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(03/07/2026 14:26)

RBI extends restrictions on Baghat Urban Co-op Bank Till October 8

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

The directions, originally issued under the Banking Regulation Act, will remain in force with all existing terms and conditions unchanged. RBI clarified that the extension should not be interpreted as an indication of the bank's financial soundness.

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