RBI press-release 2026-2027/1136 · 17 Sept 2026
Official 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
Summary
Check the official recordThe Reserve Bank of India extends the regulatory directions imposed on The Gauhati Co-operative Urban Bank Ltd., Guwahati. The bank operates under these directions pursuant to Section 35A read with Section 56 of the Banking Regulation Act, 1949. The Reserve Bank of India extends the period of operation for three months. The extension begins after the close of business on September 17, 2026. The directions remain in effect until the close of business on December 17, 2026. This extension is subject to review. The extension does not indicate that the Reserve Bank of India is satisfied with the financial position of the bank. All other terms and conditions of the original directive remain unchanged.
Key dates
Who is affected
September 17, 2026
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
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, vide Directive No. DOR.MON/D-16/12-29-108/2026-2027 dated June 11, 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 September 17, 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 the close of business on September 17, 2026, to the close of business on December 17, 2026, 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: 2026-2027/1136 Chief General Manager
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