Date: 2026-01-22Category: 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 Suri Friends’ Union Co-operative Bank Ltd., Suri, West Bengal – Extension of period
The Reserve Bank of India (RBI) has extended the period of Directions issued under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Suri Friends' Union Co-operative Bank Ltd., Suri, West Bengal. The extension is for a further period of three months, from January 22, 2026, to April 22, 2026, subject to review. The original Directive was issued on July 21, 2022, for six months and last extended up to January 22, 2026 vide Directive DOR.MON.D-36/12.29.046/2025-26 dated October 17, 2025. The RBI website is www.rbi.org.in and the email address is helpdoc@rbi.org.in. Contact the Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001, Phone: 022 - 2266 0502. The press release number is 2025-2026/1969. Brij Raj, Chief General Manager.
Key Entities Referenced
Section 35A: Section of the Banking Regulation Act, used to issue directions to banks.
Banking Regulation Act, 1949: The primary legislation governing banking in India.
Reserve Bank of India: The central bank of India, issuing the directions.
Suri, West Bengal: The location of the Suri Friends' Union Co-operative Bank Ltd., where the directions apply.
The Suri Friends' Union Co-operative Bank Ltd.: The cooperative bank subject to directions under the Banking Regulation Act.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
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 22, 2026
Directions under Section 35A read with Section 56 of the Banking Regulation
Act, 1949 (As Applicable to Co-operative Societies) – The Suri Friends’ Union
Co-operative Bank Ltd., Suri, West Bengal – 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 Suri Friends’ Union Co-operative Bank
Ltd., Suri, (West Bengal) vide Directive No. CO.DOS.SED.No.S2574/12-07-
005/2022-23 dated July 21, 2022 for a period of six months up to close of business
on January 22, 2023 as modified from time to time, which were last extended up to
close of business on January 22, 2026 vide Directive DOR.MON.D-
36/12.29.046/2025-26 dated October 17, 2025. 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 22, 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 Directive for a further period of three months from close of
business on January 22, 2026 to the close of business on April 22, 2026, subject to
review.
3. Other terms and conditions of the Directive under reference, shall remain
unchanged.
(Brij Raj)
Press Release: 2025-2026/1969 Chief General Manager