Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – National Urban Co-operative Bank Ltd., Pratapgarh, Uttar Pradesh - Extension of Period
Case Brief
The Reserve Bank of India extended the existing Directions issued under Section 35A read with Section 56 of the Banking Regulation Act, 1949 against National Urban Co-operative Bank Ltd., Pratapgarh, Uttar Pradesh. The directive, originally issued on April 15, 2024, had already been extended once and is now continued from close of business on January 15, 2025 until close of business on April 15, 2025, subject to review. No other terms or conditions were changed.
The Reserve Bank of India had issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to National Urban Co-operative Bank Ltd., Pratapgarh, Uttar Pradesh on April 15, 2024. The directions were first for six months, then extended up to January 15, 2025, and this release further extends the same directive from close of business on January 15, 2025 to close of business on April 15, 2025. The release states that all other terms and conditions remain unchanged.
Severity Assessment
This is an extension of RBI Section 35A operating directions on a co-operative bank, which is treated as a broad business restriction with severity 4.
The bank remains subject to the same RBI-imposed operating constraints through April 15, 2025, subject to review. Customers, depositors, and counterparties continue to face whatever restrictions are already in force under the directive; the release does not lift any condition or restore normal operations.
Published as National Urban Co-operative Bank Ltd.
RegOversight structures the official RBI release for search and analysis. Use the linked release as the authoritative source.
National Urban Cooperative Bank Ltd., Pratapgarh
License cancellation · Fresh imposition
National Urban Co-operative Bank Ltd., Pratapgarh, U. P.
Business restriction · Extension
National Urban Co-operative Bank Ltd., Pratapgarh, U. P.
Business restriction · Extension
National Urban Co-operative Bank Ltd., Pratapgarh, Uttar Pradesh
Business restriction · Extension
National Urban Co-operative Bank Ltd., Pratapgarh
Business restriction · Extension
© 2026 RegOversight by OddVector