Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Baghat Urban Co-operative Bank Limited, Solan- Extension of Period
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Official government notification — a formal executive order that operationalises policy decisions. Carries legal weight and specifies rules, dates, exemptions, or procedural requirements.
Summary
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Baghat Urban Co-operative Bank Limited, Solan vide Directive SML.DCBS.CRRB.No.S79/02-31-005/2025-2026 dated October 06, 2025, for a period of 06 months from close of business on October 08, 2025 up to close of business on April 08, 2026, which was last extended vide Directive No. DOR.MON.D-22/12.28.302/2026-27 dated July 01, 2026. The Reserve Bank of India is satisfied th