DIRECTIONS UNDER SECTION 35 A READ WITH SECTION 56 OF THE BANKING REGULATION ACT, 1949 - THE GAUHATI COOPERATIVE URBAN BANK LTD

MUMBAI, India, Dec. 17 -- Reserve Bank of India issued the following press release:

It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. GWH.DOS.ADM.No.S233/01-10-101/2025-2026 dated December 17, 2025, has issued certain Directions to The Gauhati Cooperative Urban Bank Ltd., whereby, as from the close of business on December 17, 2025, the bank shall not, without prior approval of RBI in writing, grant or renew any loans and advances, make any investment, incur any liability including borrowal of funds and acceptance of fresh deposits, disburse or agree...