Case Brief
The Reserve Bank of India has further extended the period of operation of its existing Directions issued under Section 35A read with Section 56 of the Banking Regulation Act, 1949 against The Gauhati Co-operative Urban Bank Ltd., Guwahati. The directive, originally issued on December 17, 2025 and previously extended up to September 17, 2026, will now continue until the close of business on December 17, 2026, subject to review. RBI also clarifies that the extension should not be construed as satisfaction with the bank's financial position and that all other terms and conditions of the directive remain unchanged.
Action Snapshot
- Primary Impact
- Extension
- Entity Type
- Co-operative bank
- Location
- Guwahati, Assam