Case Brief
What Happened
The Reserve Bank of India has extended the operational directions already in force against The Industrial Co-operative Bank Ltd., Guwahati. The original directions, issued on July 03, 2025, had been extended once before and were due to expire on July 04, 2026. RBI has now extended the same directions for a further three months, from close of business on July 04, 2026 to close of business on October 04, 2026, subject to review. The release says all other terms and conditions remain unchanged and clarifies that the extension should not be interpreted as RBI being satisfied with the bank's financial position.