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RegulatoryMedium impactNegative

Supersession of Board of Directors of Abhyudaya Co-operative Bank Ltd., Mumbai - Extension of period

RBI press releases ·

Summary

The Reserve Bank of India, in exercise of its powers under Section 36AAA read with Section 56 of the Banking Regulation Act, 1949, had superseded the Board of Directors of Abhyudaya Co-operative Bank Ltd., Mumbai (the…

A short excerpt from the source, not a full article.

Read the original at RBI press releases ↗

What it may affect

Direct (named company)
BANKINDIA
Sector
Banking & Finance
Indirect
No evidence-based link

Tags and impact are assigned by fixed rules, not by a forecast. "Indirect" appears only when a documented link exists. None of this says a price will rise or fall.

Information only, not investment advice. Past performance does not predict future results. Risk disclosure