Case Brief
What Happened
The Reserve Bank of India has extended the existing Directions issued to The Gauhati Co-operative Urban Bank Ltd., Guwahati under Section 35A read with Section 56 of the Banking Regulation Act, 1949. The original directions, dated December 17, 2025, were valid up to close of business on June 17, 2026; RBI has now continued them until close of business on September 17, 2026, subject to review. The press release states that all other terms and conditions of the directive remain unchanged and that the extension should not be interpreted as RBI being satisfied with the bank's financial position.