RBI press-release 2026-2027/750 · 24 Jul 2026
Official title
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Sonpeth Nagari Sahakari Bank Maryadit, Sonpeth, Dist. Parbhani, Maharashtra – Extension of Period
Summary
Check the official recordThe Reserve Bank of India has extended the regulatory directions imposed on Sonpeth Nagari Sahakari Bank Maryadit, Parbhani, Maharashtra. Originally issued under Section 35A read with Section 56 of the Banking Regulation Act, 1949, these directions were previously extended to July 30, 2026. The Reserve Bank has now extended the operational period of these directions for an additional three months, effective from the close of business on July 30, 2026, until the close of business on October 30, 2026, subject to further review. The extension does not indicate an improvement in the bank's financial position, and all other existing terms and conditions of the directive remain unchanged.
What you must do
Key dates
Who is affected
If you do not comply
July 24, 2026
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Sonpeth Nagari Sahakari Bank Maryadit, Sonpeth, Dist. Parbhani, Maharashtra – Extension of Period
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Sonpeth Nagari Sahakari Bank Maryadit, Sonpeth, Dist. Parbhani, Maharashtra vide Directive No. NGP.DOS.SSM 3.No.S403/15-04-395 /2025-2026 dated July 29, 2025 for a period of six months up to close of business on January 30, 2026, which was last extended up to the close of business on July 30, 2026 vide Directive No. DOR.MON/D-09/12.22.718/2026-27 dated April 22, 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 July 30, 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 July 30, 2026, to close of business on October 30, 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: 2026-2027/750 Chief General Manager ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय ᳯरज़वर् बᱹक
RESERVE BANK OF INDIA
0वेबसाइट : www.rbi.org.in/hindi संचार िवभाग, कᱶᮤीय कायार्लय, शहीद भगत ᳲसंह मागर्, फोटर्, मुंबई - 400 001 Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
