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RBI Extends Directions for Suri Friends' Union Co-operative Bank Through July 2026

The Reserve Bank of India has extended regulatory directions issued to The Suri Friends' Union Co-operative Bank Ltd., Suri, West Bengal for a further period of three months. The extension runs from close of business on April 22, 2026 to close of business on July 22, 2026. The original directions were issued under Section 35A read with Section 56 of the Banking Regulation Act, 1949. The RBI explicitly notes that the extension should not be construed as satisfaction with the bank's financial position.