Case Brief
What Happened
The Reserve Bank of India has extended the ongoing directions applicable to Pune Sahakari Bank Ltd., Shivajinagar, Pune, Maharashtra. The bank was originally placed under directions from March 10, 2023, and the validity had previously been extended up to close of business on June 10, 2025. Under the fresh extension dated June 02, 2025, the same directions will continue from close of business on June 10, 2025, until close of business on September 10, 2025, subject to review. The RBI states that all other terms and conditions of the directive remain unchanged.