Case Brief
The Reserve Bank of India issued a fresh extension of the Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 that were earlier imposed on The Industrial Co-operative Bank Ltd., Guwahati. The original directive, dated July 03, 2025, was valid until close of business on January 04, 2026. RBI has now extended the same directions for a further three months, up to close of business on April 04, 2026, subject to review. The release states that all other terms and conditions of the directive remain unchanged.
Action Snapshot
- Primary Impact
- Extension
- Entity Type
- Co-operative bank
- Location
- Guwahati, Assam
- Order Date