ING’s Tibor Bartels on Transaction Banking as the Heartbeat of the Bank
At the 2026 Global Finance Transaction Banking Awards in Miami Beach, Global Finance editor Paul Curcio sat down with Tibor Bartels, Head of Transaction Banking Services for the Americas at ING, a multiple award winner this year. Bartels explains why ING treats transaction banking as the cornerstone of its wholesale bank, how continuous client investment underpins that position, and why liquidity…
The Reserve Bank of India has extended the period of the directive for The Baghat Urban Co-operative Bank Limited, Solan, under Section 35A read with Section 56 of the Banking Regulation Act, 1949, according to a press release on October 06, 2025. This extension is valid until April 08, 2026, and is part of a series of extensions previously announced on July 01, 2026.
The decision to extend the directive further was made by the Reserve Bank of India after careful consideration, as they believe it is in the public interest. On October 08, 2026, the directive will be extended again for an additional period of three months, until January 08, 2027. However, this extension does not imply that the bank's financial position is satisfactory.
The other terms and conditions of the directive remain unchanged, as specified in the directive issued by the Reserve Bank of India.
Written by urgent.news from Reserve Bank of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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