Directions under Section 35A of Banking Regulation Act (AACS), 1949- The Adoor Co-operative Urban Bank Ltd., Adoor, Kerala- Relaxation in withdrawal limit of Deposit Accounts
Case Brief
RBI had earlier placed Adoor Co-operative Urban Bank Ltd., Adoor, Kerala under Directions on November 02, 2018, restricting withdrawals from deposit accounts to ₹2,000 per account. In its modified directive dated August 13, 2019, RBI amended that restriction and raised the withdrawal limit to ₹25,000 per account. The rest of the November 2, 2018 directions continued unchanged.
The bank had been placed under Directions vide directive dated November 02, 2018, which restricted depositors’ withdrawals to not more than ₹2,000 from each savings, current or other deposit account, subject to RBI conditions. After reviewing the bank’s financial position, RBI modified paragraph 1(i) of that directive on August 13, 2019 and allowed depositors to withdraw up to ₹25,000 per account, with all other terms of the November 2, 2018 directions unchanged.
Severity Assessment
This is a relaxation of an existing restriction rather than a new adverse measure, so there is no forward-looking adverse impact.
Depositors of Adoor Co-operative Urban Bank Ltd. can withdraw up to ₹25,000 from each savings, current, or other deposit account, subject to the RBI’s stipulated conditions. The action does not impose a new restriction; it eases an earlier cap while leaving the remaining directions in force.
Published as Adoor Co-operative Urban Bank Ltd., Adoor, Kerala
RegOversight structures the official RBI release for search and analysis. Use the linked release as the authoritative source.
The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala
License cancellation · Fresh imposition
The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala
Business restriction · Extension
The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala
Business restriction · Extension
The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala
Business restriction · Extension
The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala
Business restriction · Extension
© 2026 RegOversight by OddVector