DIRECTIONS UNDER SECTION 35 A READ WITH SECTION 56 OF THE BANKING REGULATION ACT, 1949 - THE U.P. CIVIL SECRETARIAT PRIMARY COOPERATIVE BANK LIMITED, LUCKNOW

MUMBAI, India, March 11 -- 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. LKO.DOS.SED.No.S796/10-12-294/2025-2026 dated March 11, 2026, has issued certain Directions to The U.P. Civil Secretariat Primary Cooperative Bank Limited, Lucknow, ("the bank"), whereby, as from the close of business on March 11, 2026, 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 acceptanc...