Decision/Appoint/
Adopted

Continuation of Shri Satya Prakash Pathak as Administrator

RBI extended the supersession of Abhyudaya Co-operative Bank's board for another year, so Shri Satya Prakash Pathak remains Administrator, keeping RBI-appointed control over the bank due to governance concerns.

Actors and targets

Source

Consequently, Shri Satya Prakash Pathak shall continue as the Administrator of the bank
bank_nbfc_fintech · Telegram Open post

Extracted detail

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Action
continuation as Administrator
Decision maker
Reserve Bank of India

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