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politics

RBI Removes Minister Patil From Latur Bank Board

Officials said the Banking Regulation Act became applicable to cooperative banks in 2021 and was amended again in 2025. ...

By Dhallo News · September 20, 2026 at 12:41 AM IST

Officials said the Banking Regulation Act became applicable to cooperative banks in 2021 and was amended again in 2025. Under the amended provisions, persons who had completed 10 years as directors as of August 1, 2025, could not continue in office.

SOURCE: Deccan Chronicle Politics
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