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(08/09/2026 13:45)

RBI extends directions on Amanath Co-operative Bank by three months

The Reserve Bank of India (RBI) has extended the regulatory directions imposed on The Amanath Co-operative Bank Ltd., Bangalore, for another three months.

The directions, which were set to expire at the close of business on September 12, 2026, will now remain in force until the close of business on December 12, 2026, subject to review.

The RBI said the extension has been made in the public interest under Section 35A read with Section 56 of the Banking Regulation Act, 1949. The central bank clarified that the extension should not be construed as an indication that it is satisfied with the bank's financial position.

All other terms and conditions of the existing directions will remain unchanged.
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