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(18/09/2026 11:12)

RBI extends directions on Gauhati Co-operative Urban Bank by three months

The Reserve Bank of India (RBI) has extended the period of directions imposed on The Gauhati Co-operative Urban Bank Ltd., Guwahati, for a further three months.

The directions, which were due to expire at the close of business on September 17, 2026, have now been extended until the close of business on December 17, 2026, subject to review.

The RBI said the extension has been made in the public interest under Section 35A read with Section 56 of the Banking Regulation Act, 1949.

The central bank clarified that the extension or modification of the directions does not, by itself, imply that the RBI is satisfied with the financial position of the bank. All other terms and conditions of the existing directions will remain unchanged.
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