Date: 2025-12-08Category: Not ApplicableState: Union GovernmentCountry: India
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Amanath Co-operative Bank Ltd., Bangalore – Extension of Period
On December 08, 2025, the Reserve Bank of India (RBI) issued a press release regarding the extension of a directive imposed on The Amanath Co-operative Bank Ltd., Bangalore. The original directive, issued on June 12, 2024, under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (Directive No. CO.DOS.SED.No.S1931/12.23.001/2024-25), was initially for six months, up to December 12, 2024. The RBI has extended the directive for an additional three months, from December 12, 2025, to March 12, 2026. All other terms and conditions of the original directive remain unchanged, subject to review. The press release number is 2025-2026/1653. Brij Raj, Chief General Manager, is the contact person for this press release. The RBI website is www.rbi.org.in and the email is helpdoc@rbi.org.in and phone number is 022 - 2266 0502.
Key Entities Referenced
Banking Regulation Act, 1949: The act under which directions are issued to The Amanath Co-operative Bank Ltd.
Section 35A: Section of the Banking Regulation Act, 1949, under which directions are issued.
Section 56: Section of the Banking Regulation Act, 1949, read with Section 35A, under which directions are issued.
The Amanath Co-operative Bank Ltd.: Co-operative bank to which the directive applies.
Bangalore: Location of The Amanath 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
December 08, 2025
Directions under Section 35A read with Section 56 of the Banking Regulation
Act, 1949 – The Amanath Co-operative Bank Ltd., Bangalore –
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 Amanath Co-operative Bank Ltd.,
Bangalore vide Directive No. CO.DOS.SED.No.S1931/12.23.001/2024-25 dated
June 12, 2024, for a period of six months up to close of business on December 12,
2024. 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
December 12, 2025.
2. Accordingly, the Reserve Bank of India, in the 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 December 12, 2025 to close of business on March 12, 2026,
subject to review.
3. The aforesaid extension and /or modification by the Reserve Bank of India should
not per-se be construed to imply that the Reserve Bank of India is satisfied with the
financial position of the bank.
4. Other terms and conditions of the Directive under reference, shall remain
unchanged.
(Brij Raj)
Press Release: 2025-2026/1653 Chief General Manager