Regulating Co-operative Banking

Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Yashwant Co-operative Bank Ltd., Phaltan, District Satara – Extension of Period

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949, to The Yashwant Co-operative Bank Ltd., Phaltan vide Directive No. CO.DOS.SED.No.S1580/12-22-321/2025-26 dated May 28, 2025, for a period of six months up to close of business on November 29, 2025, which was extended up to close of business on February 28, 2026 vide Directive DOR.MON.D-41/12.28.017/2025-26 dated November 24, 2025. 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 the close of business on February 28, 2026.

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949, to The Yashwant Co-operative Bank Ltd., Phaltan vide Directive No. CO.DOS.SED.No.S1580/12-22-321/2025-26 dated May 28, 2025, for a period of six months up to close of business on November 29, 2025, which was extended up to close of business on February 28, 2026 vide Directive DOR.MON.D-41/12.28.017/2025-26 dated November 24, 2025. 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 the close of business on February 28, 2026.

Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Yashwant Co-operative Bank Ltd., Phaltan, District Satara – Extension of Period