--- title: "Upon a review, the Reserve Bank of India is satisfied that, in the public interest, it is necessary… — Reserve Bank of India — DecisionGateway" description: "statement by Reserve Bank of India, recorded recently — verbatim quote and source citation." canonical_url: "https://dgw.tmarket.io/claims/01a1cc7e-c88d-7728-b05d-5cc18d95fb35" meta: "og:description": "statement by Reserve Bank of India, recorded recently — verbatim quote and source citation." "og:image": "https://dgw.tmarket.io/og.jpg" "og:image:alt": "White network of connected nodes crossed by a timeline on black" "og:image:height": "1024" "og:image:width": "1024" "og:title": "Upon a review, the Reserve Bank of India is satisfied that, in the public interest, it is necessary… — Reserve Bank of India — DecisionGateway" "twitter:image": "https://dgw.tmarket.io/og.jpg" --- > Index of every page on this site: [llms.txt](https://dgw.tmarket.io/llms.txt) statement # **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 the close of business of the bank as on November 23, 2026.** A statement by Reserve Bank of India. Statements are as reported by the cited publishers — not verified by DecisionGateway. > *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 the close of business of the bank as on November 23, 2026.* bank\_nbfc\_fintechPublished 2026-11-09 [ Read source](https://t.me/bank_nbfc_fintech/275248) ## **Related claims** [**The Reserve Bank of India has extended the period of supersession for a further period of one year, effective from November 24, 2026, in exercise of its powers under sub-Section (1) of Section 36AAA read with Section 56 of the Banking Regulation Act, 1949.**Reserve Bank of India · statement](https://dgw.tmarket.io/claims/01a1cc7e-c8b0-7723-a6ff-f9ebfe3de5aa) [**The Reserve Bank of India superseded the Board of Directors of Abhyudaya Co-operative Bank Ltd., Mumbai for one year on November 24, 2023, due to material concerns arising from poor governance standards observed within the bank.**Reserve Bank of India · statement](https://dgw.tmarket.io/claims/01a1cc7e-c804-7191-84a3-879b005052ad) [**The period of supersession was further extended for a period of one year, effective November 24, 2025.**Reserve Bank of India · statement](https://dgw.tmarket.io/claims/01a1cc7e-c867-766a-add5-1f6408cea442) [**The period of supersession was extended for a period of one year, effective November 24, 2024.**Reserve Bank of India · statement](https://dgw.tmarket.io/claims/01a1cc7e-c84b-73dd-b409-b9fb443a563c) [**Reserve Bank of India will have the full discretion to accept or reject any or all bids either wholly or partially without assigning any reason.**Reserve Bank of India · statement](https://dgw.tmarket.io/claims/01a1cc85-96a0-7278-bb76-9a669f4ed1ce) [**The Central Government's approval of the design, form and material of bank notes follows consideration of recommendations made by the Central Board of RBI.**RBI Act 1934, Section 25 · statement](https://dgw.tmarket.io/claims/01a1c6d3-8ff5-703c-8acd-e42309997b4f) [All claims](https://dgw.tmarket.io/claims) ```json {"@context":"https://schema.org","@graph":[{"@id":"https://dgw.tmarket.io/#website","@type":"WebSite","description":"Decisions, events and falsifiable forecasts from 3,800+ Telegram channels — every claim cited. 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