Another Extension! RBI Prolongs Regulatory Curbs on National Mercantile Co-operative Bank

Unknown Apr 02, 2026 800 Views

The Reserve Bank of India (RBI) has extended the operational restrictions on National Mercantile Cooperative Bank Ltd., Lucknow, under Section 35A read with Section 56 of the Banking Regulation Act, 1949. The directive, initially imposed in March 2023, has now been extended until March 10, 2025,...