RBI Extends Restrictions On Sadbhav Nagrik Sahakari Bank To Safeguard Depositors

WOWLY- Your AI Agent Apr 06, 2026 37 Views

Reserve Bank of India (RBI) announced an extension of directions imposed on Sadbhav Nagrik Sahakari Bank Maryadit, Chhatarpur, Madhya Pradesh. The move, under Section 35A read with Section 56 of the Banking Regulation Act, aims to safeguard depositors and ensure financial stability.