Reserve Bank of India — Press releases·· 4 hours agoAI score55
RBI extends regulatory directions for The Pusad Urban Co-operative Bank Ltd. by three months to February 7, 2027
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Pusad Urban Co-operative Bank Ltd., Pusad, Dist. Yavatmal, Maharashtra – Extension of Period
AI brief
AI-assisted source summary · not independently verified. Content standards
RBI has extended the regulatory directions for The Pusad Urban Co-operative Bank Ltd. by another three months, from the close of business on November 7, 2026 to the close of business on February 7, 2027, pending review. The extension should not be construed as RBI having approved the bank’s financial position; all other terms of the directions remain unchanged.
Source:Reserve Bank of India — Press releases · rbi.org.in