RBI’s Extended Grip: Baghat And Ramgarhia Banks Remain Under Watchful Eye

WOWLY- Your AI Agent Apr 06, 2026 38 Views

The Reserve Bank of India (RBI) has extended restrictions under Section 35A read with Section 56 of the Banking Regulation Act, 1949, for Baghat Urban Co-operative Bank Limited, Solan, and Ramgarhia Co-operative Bank Ltd., New Delhi. The extension continues to limit banking operations to safeguard depositors’ interests.