Bhopal Nagrik Sahakari Bank Ltd., Bhopal (M.P.)

RBI extended its existing Section 35A directions on Bhopal Nagrik Sahakari Bank Ltd., Bhopal (M.P.) for another six months. The earlier restrictions remain unchanged.

The bank continues to operate under the existing RBI directions for the extended period through October 31, 2016, subject to any further review or modification by RBI. The restrictions remain in force for the bank and its customers until changed by the regulator.

• Section 35A of the Banking Regulation Act, 1949 (AACS)

RBI modified the existing directions on Bhopal Nagrik Sahakari Bank Ltd., Bhopal, raising the per-account withdrawal limit to ₹50,000. The rest of the restrictions from the 2012 directive continue unchanged.

The bank continues to operate under RBI-imposed restrictions, including limits on withdrawals from deposit and current accounts. Depositors may withdraw up to ₹50,000 per account, subject to adjustment against any outstanding liability to the bank. All other conditions from the earlier directive remain in force, so the bank still faces ongoing operational constraints.

• Section 35A
• Section 56 of the Banking Regulation Act, 1949 (As Applicable to the Co-operative Societies)

RBI extended its existing restrictions on Bhopal Nagrik Sahakari Bank Ltd., Bhopal for another six months. The bank remains subject to limits on lending, deposits, payments, asset disposal, and depositor withdrawals.

The bank must continue operating under the same RBI-imposed restrictions through April 30, 2016 unless modified earlier. Customers face limits on withdrawals and the bank remains unable to expand lending, accept fresh deposits freely, or undertake several asset/liability transactions without RBI approval.

• Section 35A of the Banking Regulation Act, 1949
• Section 56 of the Banking Regulation Act, 1949

RBI extended its restrictions on Bhopal Nagrik Sahakari Bank Ltd. for another six months. The bank remains under operating curbs, including limits on withdrawals and prohibitions on fresh lending, deposits, and investments.

The bank must continue operating under RBI-imposed restrictions through October 31, 2015 unless modified earlier. Customers remain subject to the ₹1,000 per-account withdrawal cap and the bank cannot expand lending, accept fresh deposits, or take on new liabilities without RBI approval, limiting normal banking activity.

• Section 35A of the Banking Regulation Act, 1949
• Section 56 of the Banking Regulation Act, 1949