RBI :
RBI announced an extension for Urban Co-operative Banks (UCBs) to meet their small value loan targets. Initially set for March 31, 2024, the new deadlines are March 31, 2025, and March 31, 2026. [Notification No. RBI/2024-25/53 DOR.CRE.REC.28/07.10.002/2024-25 dated 25th July 2024]