Regulatory Alerts2026-06-10
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Extension of Period for Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Loknete R.D. (Appa) Kshirsagar Sahakari Bank Ltd.
The Reserve Bank of India extends the period of operation of Directive No. CO.DOS.SED.No. S6986/12-22-482/2025-2026 for Loknete R.D. (Appa) Kshirsagar Sahakari Bank Ltd. for a further three months, from the close of business on June 16, 2026, to the close of business on September 16, 2026. All other terms and conditions of the original directive remain unchanged. This extension is subject to review and does not imply satisfaction with the bank's financial position.
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