DIRECTIONS UNDER SECTION 35A READ WITH SECTION 56 OF THE BANKING REGULATION ACT, 1949 - THE IRINJALAKUDA TOWN CO-OPERATIVE BANK LTD., KERALA - EXTENSION OF PERIOD

MUMBAI, India, April 24 -- Reserve Bank of India issued the following press release:

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Irinjalakuda Town Co-operative Bank Ltd., Kerala vide Directive No. CO.DOS.SED.No.D-01/12-22-350/2025-2026 dated July 29, 2025 for a period of six months up to close of business on January 30, 2026, which was extended up to close of business on April 30, 2026 vide Directive No. DOR.MON.No.D-53/12.26.061/2025-26 dated January 19, 2026. 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 April 30, 2026.

2. Accordingl...