07 Nov , 2026 By : Shambhavi Mishra
? Quick Take: The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Sri Guru Raghavendra Sahakara Bank Niy...
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru - Extension of Period — Latest news and market updates in the financial news segment reported by rbi-press.
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru vide Directive No. DoS.CO.UCB.BSD-III.D-2/12.23.283/2019-20 dated January 02, 2020, for a period of six months up to close of business on July 10, 2020. 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 o
Market analysts and institutional observers are tracking the immediate implications of this development across the sector. Both retail investors and broader market participants are advised to monitor official disclosures for continued guidance.
Source Attribution: Originally reported by rbi-press (https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63938).
Disclaimer: For educational and informational purposes only. Consult a SEBI-registered financial advisor before making investment decisions.
Disclaimer: The financial, market, and corporate developments published above are reported for informational and educational purposes only. GrowMudra does not provide investment advice or stock recommendations. Readers are strongly advised to consult a SEBI-registered financial advisor before making investment decisions.
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