Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Amanath Co-operative Bank Ltd., Bangalore – Extension of Period
Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Amanath Co-operative Bank Ltd., Bangalore vide Directive No. CO.DOS.SED.No.S1931/12-23-001/2024-25 dated June 12, 2024 for a period of six months up to close of business on December 12, 2024. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond close of business on March 12, 2
Key Facts
Type Policy
Source Reserve Bank of India
Published Friday, 6 March 2026
Affected Population ~350 million BPL population, 140 million elderly
Key Numbers
PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
Rs 15,000 crore for Digital India initiatives
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right