RBI press-release 2026-2027/1065 · 08 Sept 2026
Official title
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Amanath Co-operative Bank Ltd., Bangalore - Extension of Period
Summary
Check the official recordThe Reserve Bank of India extends the regulatory directions for The Amanath Co-operative Bank Ltd., Bangalore. The bank operates under Section 35A read with Section 56 of the Banking Regulation Act, 1949. The extension lasts for three months. The new period ends on December 12, 2026. This 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.
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September 08, 2026
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Amanath Co-operative Bank Ltd., Bangalore - 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 Amanath Co-operative Bank Ltd., Bangalore vide Directive No. CO.DOS.SED.No.S1931/12-23-001/2024-2025 dated June 12, 2024 for a period of six months up to close of business on December 12, 2024. 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 12, 2026.
Accordingly, the Reserve Bank of India, in the 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 September 12, 2026 to close of business on December 12, 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: 2026-2027/1065 Chief General Manager
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