RBI extends Abhyudaya Co-op Bank board supersession by a year

Mumbai, Nov 12: The Reserve Bank of India (RBI) has extended the supersession of the board of directors of Mumbai-based Abhyudaya Co-operative Bank by another year, effective November 24, 2026, in the public interest. The central bank had originally superseded the multi-state co-operative lender’s board on November 24, 2023, citing governance deficiencies, and subsequently extended [...] The post RBI extends Abhyudaya Co-op Bank board supersession by a year appeared first on News Today | First w

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