Date: 2025-10-14Category: 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 October 14, 2025, the Reserve Bank of India (RBI) issued a press release announcing an extension of Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949, for National Urban Co-operative Bank Ltd., Pratapgarh, U.P.
RBI had initially issued Directions on April 15, 2024, vide Directive CO.DOS.SED.No.S369/45-11-001/2024-25, for six months, which was last extended up to October 15, 2025, vide Directive DOR.MON/D-19/12.28.017/2025-26 dated July 08, 2025. The RBI has extended the Directive for a further period of three months, from October 15, 2025, to January 15, 2026, subject to review. All other terms and conditions of the Directive shall remain unchanged.
The Press Release number is 2025-2026/1311. Brij Raj, Chief General Manager, is listed as the contact person. RBI's website is www.rbi.org.in, and the email address is helpdoc@rbi.org.in. The Department of Communication is located at Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001, and the phone number is 022 - 2266 0502.
Key Entities Referenced
Section 35A: Section of the Banking Regulation Act, 1949 granting powers to issue directions.
Banking Regulation Act, 1949: The primary legislation under which the directions are issued and extended.
Section 56: Section of the Banking Regulation Act, 1949, referenced in the directions.
National Urban Co-operative Bank Ltd., Pratapgarh: The specific bank to which the directions pertain.
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
October 14, 2025
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 October 15, 2025, vide Directive
DOR.MON/D-19/12.28.017/2025-26 dated July 08, 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 October 15, 2025.
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 October 15, 2025 to close of business on January 15, 2026, subject to
review.
3. All other terms and conditions of the Directive under reference shall remain
unchanged.
(Brij Raj)
Press Release: 2025-2026/1311 Chief General Manager