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notificationRBI NotifFriday, 31 July 2026

Reserve Bank of India (Urban Co-operative Banks - Compliance Function) Directions, 2026

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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
RBI notification: Reserve Bank of India (Urban Co-operative Banks - Compliance Function) Directions, 2026
Key Facts
TypeNotification
SourceRBI Notifications
PublishedFriday, 31 July 2026
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
PMAY-U: 1.18 crore houses sanctioned
Key Authorities
Ministry of FinanceRBISEBIDEAMinistry of Housing & Urban Affairs
Key Stakeholders
TaxpayersBanks & NBFCsInvestorsUrban ResidentsMunicipal CorporationsReal Estate Developers
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Explore Sectors
Finance & Economy469 tracked→Urban Development53 tracked→
Read Full Text at Source
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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
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The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Pusad Urban Co-operative Bank Ltd., Pusad, Dist. Yavatmal, Maharashtra vide Directive No. NGP.DOS.SSM3.No.S611/5-04-166/2025-2026 dated November 06, 2025, for a period of six months up to close of business on May 07, 2026, which was last extended up to the close of business on August 07, 2026 vide Directive No. DOR.MON/D-11/12-22-635/2026-27 dated April 30, 2026. The Rese
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