Hindu Cooperative Bank Limited

RBI withdrew the All-Inclusive Directions previously in force against Hindu Cooperative Bank Ltd., Pathankot. The withdrawal took effect from close of business on October 14, 2021.

The prior operating restrictions imposed under the Section 35A directions no longer apply from the stated effective time. The bank is no longer subject to those specific directions after close of business on October 14, 2021, and interested members of the public could inspect the directive at the bank’s premises.

• Section 35 A read with Section 56 of the Banking Regulation Act, 1949
• sub-section (2) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949

RBI extended its Section 35A directions on Hindu Cooperative Bank Limited, Pathankot, for one more month. The bank can continue business only with restrictions.

Hindu Cooperative Bank Limited remains under RBI operating restrictions for the extension period and can continue banking business only within those constraints, subject to review and possible modification. Depositors and other stakeholders continue to face the limitations imposed by the standing directions until RBI changes or withdraws them.

• Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS)
• Sub-Section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS)

RBI extended its Section 35A directions on Hindu Co-operative Bank Limited, Pathankot, for another three months. The bank will continue operating with restrictions.

Hindu Co-operative Bank Limited must continue complying with RBI’s operating restrictions through September 24, 2021, subject to further review or modification by RBI. Depositors and customers remain subject to the bank’s constrained operations, though the bank is still permitted to conduct banking business with restrictions.

• Section 35A read with Section 56 of the Banking Regulation Act, 1949(AACS)
• Sub-Section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949(AACS)

RBI has extended its existing Section 35A/56 directions on Hindu Cooperative Bank Limited, Pathankot, for another three months. The bank can continue operating only under restrictions.

Hindu Cooperative Bank Limited must continue operating under RBI-imposed restrictions through June 24, 2021, unless the directions are modified earlier. Depositors, customers, and counterparties remain subject to the bank’s constrained operations, but the order does not amount to licence cancellation.

• Section 35A read with Section 56 of the Banking Regulation Act, 1949(AACS)
• Sub-Section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949(AACS)

RBI extended its Section 35A Directions on Hindu Co-operative Bank Ltd., Pathankot, Punjab for another six months. The bank can continue operating only under restrictions.

Hindu Co-operative Bank Ltd. remains subject to RBI-imposed operating restrictions through March 24, 2021, unless modified earlier. The bank’s ability to conduct normal business continues to be constrained, and the restrictions remain relevant to customers and depositors dealing with the bank.

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

RBI enhanced the withdrawal limit for depositors of Hindu Cooperative Bank Limited, Pathankot, to ₹50,000. The bank remains under existing All-Inclusive Directions, with all other conditions unchanged.

Depositors can now withdraw up to ₹50,000 per depositor instead of ₹25,000, subject to the continuing RBI directions. The bank remains operational only within the framework of the existing restrictions, and the broader constraints on withdrawals and other terms continue to apply.

• Section 35 A read with Section 56 of the Banking Regulation Act, 1949
• sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949

RBI has extended the All-Inclusive Directions on Hindu Cooperative Bank Limited, Pathankot, Punjab for another six months. The existing restrictions continue unchanged.

The cooperative bank continues to operate under RBI-imposed directions for the extended period, subject to the same restrictions already in place. Depositors and other stakeholders remain affected by the continuing regulatory controls until the order is reviewed or altered again.

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

RBI extended its existing Section 35A directions against Hindu Co-operative Bank Limited, Pathankot, Punjab. The restrictions continue, with certain modifications, until March 24, 2020.

The bank remains subject to RBI-imposed operating restrictions through March 24, 2020, with the exact modified terms contained in the extended directive. Customers, depositors, and counterparties continue to be affected by the ongoing supervisory restrictions at the bank premises and in its operations.

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

RBI has partially modified its earlier Section 35A directions for The Hindu Co-operative Bank Limited, Pathankot. The release does not introduce a new penalty or restriction beyond the modified existing order.

The bank remains subject to the modified version of the earlier RBI directions. The release indicates an ongoing regulatory framework rather than a fresh penalty, and the bank must comply with the updated terms communicated through the displayed directive.

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

RBI issued Section 35A directions to Hindu Cooperative Bank Limited, Pathankot, imposing restrictions in public interest. The bank may continue banking business only subject to those restrictions.

Hindu Cooperative Bank Limited must operate within RBI-imposed restrictions from the specified effective date. Customers and counterparties may face limitations arising from the curbs, but the bank remains open and continues banking business subject to the directions.

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