{
  "id": 8447555,
  "title": "RBI removes Maharashtra minister Babasaheb Patil from Latur cooperative bank board",
  "url": "https://urgent.news/2026/09/19/rbi-removes-maharashtra-minister-babasaheb-patil-from-latur",
  "topic": "world",
  "section": "World",
  "published": "2026-09-19T11:30:06.000Z",
  "source": {
    "name": "Hindustan Times",
    "slug": "hindustan-times",
    "url": "https://www.hindustantimes.com/india-news/rbi-removes-maharashtra-minister-babasaheb-patil-from-latur-cooperative-bank-board-101789817406706.html"
  },
  "original_language": "en",
  "account": "The Reserve Bank of India removed Maharashtra NCP Minister Babasaheb Patil from the Latur District Central Cooperative Bank’s board due to an alleged breach of the 10-year tenure limit for directors. The complaint was filed by Satish Sheshrao Jadhav, alleging that Patil had served as a director for over a decade, violating cooperative bank board provisions. Patil contested the decision, stating it was improper and vowed to challenge it in the high court. The RBI intervened after the matter reached the Aurangabad bench of the Bombay High Court, which directed the competent authority to decide the complaint within six weeks. Seven of the eight directors named in the complaint resigned, but Patil refused to step down.",
  "summary": "The RBI removed Maharashtra NCP minister Babasaheb Patil from the Latur District Central Cooperative Bank’s board over an alleged breach of the 10-year tenure limit.",
  "key_points": [
    "RBI removes Maharashtra minister Babasaheb Patil from Latur bank board.",
    "Alleged breach of 10-year tenure limit for directors.",
    "Patil contests decision, vows to challenge in high court."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Indian Express",
        "title": "Dry fruits at Maharashtra drought meet trigger row; farmer mocks minister",
        "url": "https://urgent.news/2026/09/19/dry-fruits-at-maharashtra-drought-meet-trigger-row-farmer-mocks",
        "published": "2026-09-19T12:03:19.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}