RBI Extends Bhavani Sahakari Bank Directive

RBI extended the operational directive for Bhavani Sahakari Bank Ltd. by three months, now ending July 4, 2026.
Extension follows earlier directives dated July 3, 2025 and December 24, 2025, originally set to expire April 4, 2026.
RBI clarified the extension does not imply satisfaction with the bank’s financial position; existing terms remain unchanged.
The directive is issued under Section 35A and Section 56 of the Banking Regulation Act, 1949.