Document 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
Issuing authority: Reserve Bank of India (RBI)
Reference number: Press Release 2026-2027/476
Date: June 17, 2026
Regulatory and policy measures
The Reserve Bank of India, exercising powers under sub‑section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949, had earlier issued a directive to The Gauhati Co‑operative Urban Bank Ltd., Guwahati (Directive No. GWH.DOS.ADM.No.S233/01‑10‑101/2025‑2026) dated December 17, 2025. That original directive was for a period of six months, expiring at the close of business on June 17, 2026.
Having determined that it is necessary in the public interest to further extend the period of operation of the directive beyond June 17, 2026, the RBI now extends the directions for a further period of three months, from the close of business on June 17, 2026 to the close of business on September 17, 2026, subject to review.
The RBI expressly states that this extension and/or modification should not be construed as an indication that it is satisfied with the financial position of the bank. All other terms and conditions of the original directive remain unchanged.
The press release is signed by the Chief General Manager, Brij Raj.
In conclusion, the RBI has granted a three‑month extension to the existing regulatory directive for Gauhati Co‑operative Urban Bank Ltd., maintaining all prior conditions while clarifying that the extension does not reflect a judgment on the bank’s financial health.