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Tag: supersession

RBI extends Abhyudaya Bank supersession by another year

Posted on November 9, 2026 By admin
RBI extends Abhyudaya Bank supersession by another year

The Reserve Bank of India (RBI) has extended the supersession of the board of Mumbai-based Abhyudaya Co-operative Bank Ltd. by another year, effective November 24, 2026, citing public interest. “Upon a review, the Reserve Bank of India is satisfied that, in the public interest, it is necessary to further extend the period of supersession beyond…

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