{
  "id": 18270168,
  "title": "Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Pusad Urban Co-operative Bank Ltd., Pusad, Dist. Yavatmal, Maharashtra – Extension of Period",
  "url": "https://urgent.news/2026/11/05/directions-under-section-35a-read-with-section-56-of-the-banking-18270168",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-05T07:46:52.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63924"
  },
  "original_language": "en",
  "account": "The Reserve Bank of India has extended the validity of Directions under Section 35A of the Banking Regulation Act, 1949, as read with Section 56, for The Pusad Urban Co-operative Bank Ltd. in Pusad, Yavatmal, Maharashtra. This extension was issued on November 06, 2025, and is valid until May 07, 2026, with an additional three-month extension until February 07, 2027. The Reserve Bank of India made this decision in the public interest, though it is not a reflection of the bank's financial health. All other terms and conditions of the Directive remain unchanged.",
  "summary": "The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Pusad Urban Co-operative Bank Ltd., Pusad, Dist. Yavatmal, Maharashtra vide Directive No. NGP.DOS.SSM3.No.S611/5-04-166/2025-2026 dated November 06, 2025, for a period of six months up to close of business on May 07, 2026, which was last extended up to the close of…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Hellenic Shipping News",
        "title": "USTR proposes further two-month extension of Section 301 suspension",
        "url": "https://urgent.news/2026/11/03/ustr-proposes-further-two-month-extension-of-section-301-suspension",
        "published": "2026-11-03T18:00:51.000Z"
      }
    ]
  },
  "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."
}