Reserve Bank of India Press ReleasesIndia6 October 2026
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Samarth Urban Co-operative Bank Ltd., Osmanabad (Maharashtra), – Extension of Period
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The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Samarth Urban Co-operative Bank Ltd., Osmanabad, Maharashtra, vide Directive No. NGP.DOS.SSM1.No.S581/15-04-381/2025-2026 dated October 06, 2025, for a period of six months up to the close of business on April 07, 2026, which were last extended up to the close of business on October 07, 2026, vide Directive No. DOR.RG/D-24/15-04-381/2026-2027 dated July 02, 2026. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period
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