{
  "id": 6394511,
  "title": "Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The U.P Civil Secretariat Primary Co-operative Bank Ltd., Vidhan Bhawan, Lucknow, U.P – Extension of period",
  "url": "https://urgent.news/2026/09/09/directions-under-section-35a-read-with-section-56-of-the-banking",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-09T07:42:14.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63553"
  },
  "original_language": "en",
  "account": "The Reserve Bank of India has extended the directive issued under Section 35A of the Banking Regulation Act, 1949, for the U.P. Civil Secretariat Primary Co-operative Bank Ltd. in Lucknow. The directive, initially set to expire on September 11, 2026, has been granted an additional three-month extension, running until December 11, 2026. This extension is at the discretion of the Reserve Bank of India and does not necessarily reflect an assessment of the bank's financial health. The bank's terms and conditions remain unchanged under this directive.",
  "summary": "The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to the U.P. Civil Secretariat Primary Co-operative Bank Ltd., Lucknow, vide Directive LKO.DOS.SED.No.S796/10-12-294/2025-26 dated March 11, 2026, for a period of six months up to close of business of September 11, 2026. The Reserve Bank of India is satisfied that in the public…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Reserve Bank of India",
        "title": "Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Nasik Jilha Mahila Vikas Sahakari Bank Ltd., Nasik – Extension of Period",
        "url": "https://urgent.news/2026/09/07/directions-under-section-35a-read-with-section-56-of-the-banking",
        "published": "2026-09-07T09:24:27.000Z"
      }
    ]
  },
  "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."
}