{
  "id": 8016490,
  "title": "Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Gauhati Co-operative Urban Bank Ltd., Guwahati – Extension of period",
  "url": "https://urgent.news/2026/09/17/directions-under-section-35a-read-with-section-56-of-the-banking",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T11:58:42.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63614"
  },
  "original_language": "en",
  "account": "The Reserve Bank of India has issued Directions under Section 35A and Section 56 of the Banking Regulation Act, 1949 for The Gauhati Co-operative Urban Bank Ltd., Guwahati. These Directions were initially extended up to September 17, 2026, as per Directive No. DOR.MON/D-16/12-29-108/2026-2027 dated June 11, 2026. However, the Reserve Bank of India has now decided to further extend the period of operation of these Directions for an additional three months, extending them until December 17, 2026. This extension was last extended on June 11, 2026, and was initially issued on December 17, 2025, for a period of six months. The Reserve Bank of India has made this decision in the public interest and is satisfied that it is necessary to extend the period. It is important to note that this extension does not imply that the Reserve Bank of India is satisfied with the financial position of the bank. 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 Gauhati Co-operative Urban Bank Ltd., Guwahati vide Directive No.GWH.DOS.ADM.No.S233/01-10-101/2025-2026 dated December 17, 2025 for a period of six months up to close of business on June 17, 2026, which were last extended up to close of business on September 17, 2026,…",
  "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 – The Valsad Mahila Nagrik Sahakari Bank Ltd., Valsad Gujarat – Extension of period",
        "url": "https://urgent.news/2026/09/17/directions-under-section-35a-read-with-section-56-of-the-banking-8024241",
        "published": "2026-09-17T12:50:45.000Z"
      }
    ]
  },
  "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."
}