The Gauhati Co-operative Urban Bank Limited, Guwahati

RBI extended its existing Section 35A directions on The Gauhati Co-operative Urban Bank Ltd., Guwahati for three more months. The earlier terms continue unchanged.

The bank remains under the same operational restrictions as before, now extended through September 17, 2026, unless RBI modifies or withdraws them earlier. Customers and depositors are affected only to the extent already specified in the underlying directive, which continues unchanged.

• 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 placed The Gauhati Cooperative Urban Bank Ltd. under restrictive Section 35A directions. The bank’s lending, investments, liabilities, fresh deposits and several payment/disposal activities are curtailed, while withdrawals are capped.

The bank must operate under RBI-imposed restrictions for six months starting from close of business on December 17, 2025, unless modified earlier. Customers face a withdrawal cap of ₹35,000 per depositor account relationship in the specified capacity, and the bank cannot expand lending, accept fresh deposits, take on new liabilities, or freely dispose of assets without RBI approval.

• Section 35 A read with Section 56 of the Banking Regulation Act, 1949
• DICGC Act, 1961

RBI imposed a monetary penalty of ₹80,000 on The Gauhati Co-operative Urban Bank Limited. The action followed findings of non-compliance with KYC and CIC-related RBI directions.

The bank must absorb the monetary penalty and address the cited compliance gaps in KYC/CKYCR processes and CIC reporting. The order does not itself impose an operational restriction on customers, but RBI may initiate further action if deficiencies persist.

• section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949
• section 25 of the Credit Information Companies (Regulation) Act, 2005

RBI has imposed a monetary penalty of Rs 50,000 on The Gauhati Co-operative Urban Bank Limited, Guwahati. The penalty was for non-compliance with RBI's KYC directions, arising from scrutiny related to exchange of Specified Bank Notes.

The bank must absorb the monetary penalty and address the compliance gaps that led to the RBI action, especially around KYC compliance and related controls. The order does not invalidate customer transactions, but it signals regulatory deficiencies that may attract further scrutiny if not corrected.

• Section 47-A (1) (c)
• Section 46 (4)
• Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies)

RBI imposed a monetary penalty of ₹1 lakh on The Gauhati Co-operative Urban Bank Ltd., Guwahati. The penalty was for violations related to KYC, cash transaction norms, and PMLA-related obligations.

The bank must absorb the ₹1 lakh penalty; the order does not describe any operational restriction, but it serves as a compliance enforcement action tied to KYC/AML and cash transaction controls. No depositors or counterparties are directly restricted by this release.

• Section 47A (1) (b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies)