RBI has extended regulatory directions on Sarvodaya Co-operative Bank Ltd. from April 15, 2026 to July 15, 2026.
The original six‑month direction, initially set to expire on October 15, 2024, has been successively extended, most recently via directive DOR.MON/D-05/12.21.158/2026‑27.
RBI clarifies that the extension does not imply satisfaction with the bank’s financial condition, and all other terms remain unchanged.
The directive copy is displayed at the bank’s premises for public perusal, indicating transparency in regulatory actions.