Case Brief
The Reserve Bank of India has extended the period of operation of the existing Directions issued to Urban Co-operative Bank Limited, Dehradun under Section 35A read with Section 56 of the Banking Regulation Act, 1949. The earlier Directive had run from February 10, 2026 to August 10, 2026, and the extension now continues it from August 10, 2026 until November 10, 2026, subject to review. RBI also noted that the extension should not be read as indicating satisfaction with the bank's financial condition and stated that all other terms and conditions of the original Directive remain unchanged.
Action Snapshot
- Primary Impact
- Extension
- Entity Type
- Co-operative bank
- Location
- Dehradun, Uttarakhand