The Reserve Bank of India (RBI) has extended the period of directions imposed on Loknete R.D. (Appa) Kshirsagar Sahakari Bank Ltd., Niphad, Nashik, by another three months.

The directions, issued under Section 35A read with Section 56 of the Banking Regulation Act, 1949, were initially imposed in December 2025 and were most recently extended until the close of business on September 16, 2026.

The RBI said it was satisfied that extending the directions was necessary in the public interest. Accordingly, the directive has been extended from the close of business on September 16, 2026, until the close of business on December 16, 2026, subject to review.

The central bank clarified that the extension or modification of the directions should not, by itself, be construed as an indication that the RBI is satisfied with the financial position of the bank.

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