The Reserve Bank of India has extended the regulatory directions imposed on Sadbhav Nagrik Sahakari Bank Maryadit, Chhatarpur (Madhya Pradesh), for a further period of three months.
The directions were originally issued on October 6, 2025, under Section 35A read with Section 56 of the Banking Regulation Act, 1949 for a period of six months, which was set to expire on April 7, 2026.
According to the RBI, it has been decided to extend the validity of these directions in the public interest. The revised deadline will now be till the close of business on July 7, 2026, and remains subject to further review.
The central bank clarified that all other terms and conditions of the directive will remain unchanged during the extended period. It also emphasized that this extension should not be interpreted as a sign of satisfaction with the bank’s financial health.
