{
  "id": 12146637,
  "title": "Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Sadbhav Nagrik Sahakari Bank Maryadit, Chhatarpur, Madhya Pradesh – Extension of Period",
  "url": "https://urgent.news/2026/10/05/directions-under-section-35a-read-with-section-56-of-the-banking-12146637",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-05T12:26:40.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63731"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Reserve Bank of India has extended the period of operation of a directive issued to Sadbhav Nagrik Sahakari Bank Maryadit, Chhatarpur, Madhya Pradesh, under Section 35A read with Section 56 of the Banking Regulation Act, 1949. The directive, initially issued on October 06, 2025, was last extended until October 07, 2026, and has now been further extended by three months, until January 07, 2027. The Reserve Bank of India has not deemed this extension to imply satisfaction with the bank's financial position. All other terms and conditions of the directive remain unchanged.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Reserve Bank of India",
        "title": "Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Baghat Urban Co-operative Bank Limited, Solan- Extension of Period",
        "url": "https://urgent.news/2026/10/05/directions-under-section-35a-read-with-section-56-of-the-banking",
        "published": "2026-10-05T08:54:18.000Z"
      },
      {
        "outlet": "Global Finance",
        "title": "ING’s Tibor Bartels on Transaction Banking as the Heartbeat of the Bank",
        "url": "https://urgent.news/2026/10/05/ings-tibor-bartels-on-transaction-banking-as-the-heartbeat-of-the-bank",
        "published": "2026-10-05T11:05:13.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}