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RBI extends restrictions on Gauhati Co-operative Urban Bank for another six months

The Reserve Bank of India has extended regulatory directions under the Banking Regulation Act on The Gauhati Co-operative Urban Bank Ltd. for six months until March 2027, citing public interest. This is a continuation of an existing supervisory action, not a new development. The extension signals persistent financial weakness at the bank, with implications for depositor confidence in the co-operative banking sector.

Reserve Bank of India — Press Releases2 days agoINengCredibility 10%View source

Score Breakdown

Mosaic Score2.0
Confidence0.9
Significance0.1
Source credibility0.1

Intelligence Tags

Locations

Guwahati

Entities

country
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