RBI extends Directions issued to Gokul Co-operative Urban Bank Ltd., Secunderabad
Case Brief
RBI, acting under Section 35A of the Banking Regulation Act, 1949 (as applicable to co-operative societies), extended the directives previously issued to Gokul Co-operative Urban Bank Ltd., Secunderabad. The directions that took effect from the close of business on April 04, 2017 will continue to apply up to June 30, 2017, subject to review, and all other terms and conditions remain unchanged.
Under Section 35A of the Banking Regulation Act, 1949 (as applicable to co-operative societies), RBI directed that the directives issued to Gokul Co-operative Urban Bank Ltd., Secunderabad from the close of business on April 04, 2017 shall continue to apply for a further period up to June 30, 2017, subject to review. The release states that all other terms and conditions of the directive remain unchanged.
Severity Assessment
This is an extension of RBI Section 35A operating directions on a cooperative bank, which carries a structural severity floor of 4 even without a fine.
The bank remains subject to the existing RBI directions through June 30, 2017, with no change to the underlying restrictions. The operational impact continues for the bank and, depending on the original directive, may affect customers/members until RBI reviews the order again.
Published as Gokul Co-operative Urban Bank Ltd., Secunderabad
RegOversight structures the official RBI release for search and analysis. Use the linked release as the authoritative source.
© 2026 RegOversight by OddVector