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Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Innovative Co-operative Urban Bank Limited, New Delhi – Extension of Period

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Innovative Co-operative Urban Bank Limited, New Delhi vide Directive No.

  • Reserve Bank of India extends directive for Innovative Co-operative Urban Bank Limited.
  • Extension period from June 29, 2026 to January 4, 2027.
  • RBI extends for public interest, not financial satisfaction.

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