Samarth Urban Co-operative Bank Ltd., Osmanabad, Maharashtra

RBI has extended the existing Directions on Samarth Urban Co-operative Bank Ltd., Osmanabad, for another three months. The rest of the terms remain unchanged.

The bank remains under the same operational restrictions already in force until January 07, 2027, subject to further review or modification by RBI. Customers and counterparties continue to be affected by the ongoing directions, while the bank must comply with the unchanged terms of the directive.

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

RBI has extended the existing Section 35A read with Section 56 directions on Samarth Urban Co-operative Bank Ltd., Osmanabad. The directions will now remain in force until October 07, 2026.

The bank remains under the same RBI-imposed operating conditions through October 07, 2026. Its operations continue subject to the unchanged directive, affecting the bank and its stakeholders until the next review or expiry.

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

RBI has extended its existing directions against Samarth Urban Co-operative Bank Ltd., Osmanabad, for three more months. The original terms remain unchanged.

The bank remains subject to the existing RBI directions through July 07, 2026, and must continue complying with the unchanged operational conditions imposed under Section 35A read with Section 56. Customers and counterparties remain affected by whatever restrictions the directive already contained, until RBI reviews or modifies it.

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

RBI imposed Section 35A directions on Samarth Urban Co-operative Bank Ltd., Osmanabad. The bank faces tight operating restrictions, including a ban on withdrawals, new deposits, lending, and several other transactions without RBI approval.

The bank must operate under strict RBI-imposed limits for six months from October 07, 2025, unless modified earlier. Depositors cannot freely withdraw funds, and the bank cannot expand liabilities, lending, investments, or asset disposals without prior RBI approval, except for the limited permitted transactions stated in the directions. The measure primarily affects depositors and the bank's day-to-day operations.

• 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