RBI press-release 2026-2027/1367 · 22 Oct 2026
Official title
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Suri Friends’ Union Co-operative Bank Ltd., Suri, West Bengal – Extension of period
Summary
Check the official recordThe Reserve Bank of India extends the regulatory directions for The Suri Friends’ Union Co-operative Bank Ltd., Suri, West Bengal. The extension applies for a period of three months. The directions remain in force from the close of business on October 22, 2026, to the close of business on January 22, 2027. All other terms and conditions of the original directive remain unchanged. This extension does not imply that the Reserve Bank of India is satisfied with the financial position of the bank.
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Key dates
Who is affected
October 22, 2026
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Suri Friends’ Union Co-operative Bank Ltd., Suri, West Bengal – Extension of period
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Suri Friends’ Union Co-operative Bank Ltd., Suri, West Bengal vide Directive No. CO.DOS.SED.No.S2574/12-07-005/2022-23 dated July 21, 2022 for a period of six months up to close of business on January 22, 2023, which were last extended up to close of business on October 22, 2026 vide Directive No. DOR.MON.D-25/12.29.046/2026-27 dated July 14, 2026. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond close of business on October 22, 2026.
Accordingly, the Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949, hereby extends the Directive for a further period of three months from close of business on October 22, 2026 to close of business on January 22, 2027, subject to review.
The aforesaid extension and /or modification by the Reserve Bank of India should not per-se be construed to imply that the Reserve Bank of India is satisfied with the financial position of the bank.
Other terms and conditions of the Directive under reference, shall remain unchanged.
(Brij Raj)
Press Release: 2026-2027/1367 Chief General Manager
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