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(07/08/2026 17:13)

RBI extends restrictions on Urban Co-operative Bank, Dehradun till November 10, 2026

The Reserve Bank of India (RBI) has extended the directions imposed on Urban Co-operative Bank Ltd., Dehradun, by three months, from August 10, 2026, to November 10, 2026, subject to review.

The restrictions, originally imposed under Section 35A read with Section 56 of the Banking Regulation Act, 1949, were first issued in February 2026 for a six-month period ending August 10, 2026. The RBI said the extension has been made in the public interest, while clarifying that it should not be construed as an indication that the central bank is satisfied with the financial position of the bank.

The central bank added that all other terms and conditions of the existing directions will remain unchanged.
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