The Reserve Bank of India (RBI) has extended the period of supersession of the Board of Directors of Abhyudaya Cooperative Bank Ltd., Mumbai, for another year, effective November 24, 2025.

The RBI had earlier superseded the Board on November 24, 2023, citing material concerns arising from poor governance standards observed within the bank. The period was initially extended for one year in November 2024, and the latest extension continues the RBI’s direct oversight until November 2026.

In its latest notification, the central bank said that after review, it 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, 2025.”

Following this decision, Satya Prakash Pathak will continue as t

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