The Reserve Bank of India has extended regulatory restrictions on Lokapavani Mahila Sahakari Bank Niyamitha, Mandya, for another six months.
The directive, which was earlier set to expire at the end of April 2026, will now remain in force till October 30, 2026.
These restrictions were first imposed in July 2025 under provisions of the Banking Regulation Act to safeguard public interest and ensure better financial discipline at the bank. The extension means the bank will continue to operate under the same regulatory conditions for the time being.
RBI clarified that this extension should not be seen as a sign that the bank’s financial health has improved. Instead, the move indicates that the regulator still finds it necessary to keep the bank under close supervision.
All other terms and conditions of the earlier directive remain unchanged, and the situation will be reviewed further by RBI going forward.
