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NotificationRBITuesday, 8 September 2026NEW

Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Amanath Co-operative Bank Ltd., Bangalore - 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 Amanath Co-operative Bank Ltd., Bangalore vide Directive No. CO.DOS.SED.No.S1931/12-23-001/2024-2025 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 September

Key Facts

TypeNotification
SourceReserve Bank of India
PublishedTuesday, 8 September 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
PM-JAY: 55 crore beneficiaries

Key Authorities

Ministry of FinanceRBISEBIDEAMinistry of Social Justice & Empowerment

Key Stakeholders

TaxpayersBanks & NBFCsInvestorsBPL FamiliesSenior CitizensPersons with Disabilities

Government Context

NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight

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