Reserve Bank of India reconstitutes the Committee of Advisors of Irinjalakuda Town Co-operative Bank Ltd
India, Nov. 13 -- Reserve Bank of India had on July 30, 2025, imposed All Inclusive Directions (AID) on Irinjalakuda Town Co-operative Bank Ltd. The Reserve Bank subsequently superseded the bank's Board for a period of 12 months and appointed an Administrator and a Committee of Advisors (CoA) as announced vide Press Release dated October 07, 2025.Shri T.A. Mohammed Sageer, Member of CoA, has expressed his inability to continue as a Member of the CoA due to personal reasons. Accordingly, it has been decided to reconstitute the CoA to the Administrator effective from November 13, 2025. The CoA shall now consist ofShri Mohanan K, former Deputy General Manager, South Indian Bank; andShri Mohan T M, former General Manager, South Indian BankThere...
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