RBI extends replacement of Abhiyodia Cooperative Bank Board for another year.
The Reserve Bank of India has extended the replacement of the Board of Directors of Abhiyodia Cooperative Bank. This extension will take effect until November 24, 2025, following a period of supervision. The RBI aims to address governance standards that have raised material concerns about the bank's operations. Satya Prakash Pathak remained the director, overseeing the bank's management during this period.