The Reserve Bank of India (RBI) has extended the directions imposed on The Industrial Co-operative Bank Ltd., Guwahati, for a further period of three months. The extension will be effective from the close of business on January 4, 2026, and will remain in force till the close of business on April 4, 2026, subject to review.
Earlier, the RBI had issued these directions on July 3, 2025, under the provisions of the Banking Regulation Act, 1949, for a period of six months. The directions were scheduled to end on January 4, 2026. However, the central bank has now decided to continue them in the public interest.
The RBI stated that it is satisfied that the extension is necessary to safeguard the interests of depositors and ensure the orderly functioning of the bank.
All other terms and conditions mentioned in the earlier directive will remain unchanged during the extended period.