RBI Extends Restrictions on Shirpur Merchants' Co-operative Bank Amid Financial Challenges

Unknown Apr 02, 2026 950 Views

The Reserve Bank of India (RBI) has extended the period of restrictions imposed on The Shirpur Merchants' Co-operative Bank Ltd., Shirpur, Maharashtra, under Section 35A read with Section 56 of the Banking Regulation Act, 1949. These directions, initially issued for six months starting April...