Date: 2026-01-12Category: Not ApplicableState: Union GovernmentCountry: India
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – National Urban Co-operative Bank Ltd., Pratapgarh, U. P. - Extension of Period
On January 12, 2026, the Reserve Bank of India (RBI) issued a press release regarding the extension of Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949, concerning the National Urban Co-operative Bank Ltd., Pratapgarh, U.P. The RBI had initially issued a directive (CO.DOS.SED.No.S369/45-11-001/2024-25 dated April 15, 2024) for six months up to October 15, 2024, which was then extended up to January 15, 2026 vide Directive DOR.MON/D-30/12.28.017/2025-26 dated October 09, 2025. The RBI has now extended the Directive for another three months, from January 15, 2026, up to April 15, 2026, subject to review. All other terms and conditions of the Directive remain unchanged. The press release number is 2025-2026/1901. Brij Raj, Chief General Manager, is listed as the contact. The RBI's website is www.rbi.org.in, and the email address is helpdoc@rbi.org.in. The Department of Communication's phone number is 022-2266 0502. The address is Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001.
Key Entities Referenced
Banking Regulation Act, 1949: The act that empowers the Reserve Bank of India to regulate the banking sector in India.
Section 35A: Section of the Banking Regulation Act that allows the Reserve Bank of India to issue directions to banking companies.
Reserve Bank of India: The central bank of India, responsible for regulating the banking system and issuing directives.
National Urban Co-operative Bank Ltd., Pratapgarh: The cooperative bank subject to the directives being extended.
Section 56: Section of the Banking Regulation Act read with Section 35A
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 12, 2026
Directions under Section 35A read with Section 56 of the Banking Regulation
Act, 1949 – National Urban Co-operative Bank Ltd., Pratapgarh, U. P. -
Extension of Period
The Reserve Bank of India issued Directions under Section 35A read with Section
56 of the Banking Regulation Act, 1949 to National Urban Co-operative Bank Ltd.,
Pratapgarh, vide Directive CO.DOS.SED.No.S369/45-11-001/2024-25 dated April 15,
2024, for a period of six months up to close of business on October 15, 2024, which
was last extended up to close of business on January 15, 2026, vide Directive
DOR.MON/D-30/12.28.017/2025-26 dated October 09, 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 the close of business on January 15, 2026.
2. Accordingly, the Reserve Bank of India, in exercise of the 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 15, 2026 to close of business on April 15, 2026, subject to review.
3. All other terms and conditions of the Directive under reference shall remain
unchanged.
(Brij Raj)
Press Release: 2025-2026/1901 Chief General Manager