The Reserve Bank of India (RBI) has extended the Directions imposed on the Gauhati Co-operative Urban Bank Ltd., Guwahati, for a further period of three months, from June 17, 2026, to September 17, 2026, subject to review.
The restrictions were originally imposed under Section 35A read with Section 56 of the Banking Regulation Act, 1949, through a directive issued on December 17, 2025, for a six-month period ending on June 17, 2026.
RBI stated that it has decided to continue the Directions in the public interest and to safeguard the interests of depositors and the banking system.
The central bank clarified that the extension of the Directions should not be interpreted as an indication that it is satisfied with the financial position of the bank. RBI emphasized that the continuation of the restrictions is a regulatory measure and does not imply any improvement in the bank’s financial health.
All other terms and conditions contained in the original directive will remain unchanged during the extended period.
