Date: 2026-01-02Category: Not ApplicableState: Union GovernmentCountry: India
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – The Industrial Co-operative Bank Ltd., Guwahati – Extension of period
On January 02, 2026, the Reserve Bank of India (RBI) issued a press release regarding the extension of the period of Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for The Industrial Co-operative Bank Ltd., Guwahati. These directions, initially issued on July 03, 2025, via Directive No.GWH.DOS.ADM.No.S103/01-10-101/2025-26, were for a period of six months up to the close of business on January 04, 2026.
RBI has extended the directions for a further period of three months from January 04, 2026, to April 04, 2026, subject to review. All other terms and conditions of the Directive remain unchanged. The press release number is 2025-2026/1835.
Contact Information: Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. Phone: 022 - 2266 0502. Website: www.rbi.org.in. Email: helpdoc@rbi.org.in. The Chief General Manager is Brij Raj.
Key Entities Referenced
Banking Regulation Act, 1949: Governs banking regulation, specifically sections 35A and 56 are relevant here.
Section 35A: Section of Banking Regulation Act, 1949 related to powers of RBI to give directions.
The Industrial Co-operative Bank Ltd., Guwahati: The bank to which the directions are applicable.
Reserve Bank of India: The central bank issuing the directions and extending restrictions.
Guwahati: Location of the Industrial Co-operative Bank Ltd.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व ब ैंक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 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
January 02, 2026
Directions under Section 35A read with Section 56 of the Banking Regulation
Act, 1949 (As Applicable to Co-operative Societies) – The Industrial
Co-operative 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 Industrial Co-operative Bank Ltd.,
Guwahati vide Directive No.GWH.DOS.ADM.No.S103/01-10-101/2025-26 dated July
03, 2025 for a period of six months up to close of business on January 04, 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 January
04, 2026.
2. 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 Directions for a further period of three months from the close
of business on January 04, 2026 to the close of business on April 04, 2026, subject to
review.
3. All other terms and conditions of the Directive under reference shall remain
unchanged.
(Brij Raj)
Press Release: 2025-2026/1835 Chief General Manager