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Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Konark Urban Co-operative Bank Ltd., Ulhasnagar – Extension of Period

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

  • Reserve Bank of India extends directive for Konark Urban Co-operative Bank.
  • Directive No. CO.DOS.SED.No.S592/45-11-001/2024-25 extended to January 23, 2027.
  • Extension made for public interest, not bank's financial position.

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