RBI Tightens Grip On Lokapavani Bank – Extension signals deeper regulatory caution

Admin Apr 27, 2026 290 Views

The Reserve Bank of India has extended restrictions on Lokapavani Mahila Sahakari Bank Niyamitha, Mandya under Section 35A read with Section 56 of the Banking Regulation Act, 1949. The directive, first imposed in July 2025, will now remain effective until October 30, 2026, subject to review.