Press Releases - Regulating Co-operative Banking - আৰবিআই - Reserve Bank of India
প্ৰেছ ৰিলিজ
আগ 10, 2016
Cancellation of licence to carry on banking business in India and conversion of Urban Co-operative Bank into a Co-operative Society under Sections 22 and 36 (A) (2) of the Banking Regulation Act, 1949 (AACS) - Shri Yugprabhav Sahakari Bank Ltd., Vadodara (Gujarat)
It is hereby notified for information of the public that the Reserve Bank of India has cancelled the licence of Shri Yugprabhav Sahakari Bank Ltd., Vadodara (Gujarat) vide order dated June 29, 2016. In view of the unsatisfactory financials and compliance record, the bank was advised to go out of purview of the B R Act, 1949 (AACS) and convert into a Co-operative Society. The bank has fulfilled all the conditions stipulated in Section 36(A)(2) of the Act ibid to allow
It is hereby notified for information of the public that the Reserve Bank of India has cancelled the licence of Shri Yugprabhav Sahakari Bank Ltd., Vadodara (Gujarat) vide order dated June 29, 2016. In view of the unsatisfactory financials and compliance record, the bank was advised to go out of purview of the B R Act, 1949 (AACS) and convert into a Co-operative Society. The bank has fulfilled all the conditions stipulated in Section 36(A)(2) of the Act ibid to allow
পিডিএফ (
আগ 05, 2016
RBI cancels the Licence of the Pioneer Urban Co-operative Bank Ltd., Lucknow, Uttar Pradesh
The Reserve Bank of India (RBI) has, vide order dated July 15, 2016 cancelled the licence of Pioneer Urban Co-operative Bank Ltd., Lucknow, Uttar Pradesh to carry on banking business. The order was made effective from the close of business on July 25, 2016. The Registrar of Co-operative Societies Uttar Pradesh has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Bank cancelled the licence of the bank as:
The Reserve Bank of India (RBI) has, vide order dated July 15, 2016 cancelled the licence of Pioneer Urban Co-operative Bank Ltd., Lucknow, Uttar Pradesh to carry on banking business. The order was made effective from the close of business on July 25, 2016. The Registrar of Co-operative Societies Uttar Pradesh has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Bank cancelled the licence of the bank as:
আগ 05, 2016
RBI cancels the Licence of the Jijamata Mahila Sahakari Bank Ltd., Satara, Maharashtra
The Reserve Bank of India (RBI) has, vide order dated June 30, 2016 cancelled the licence of Jijamata Mahila Sahakari Bank Ltd., Satara, Maharashtra to carry on banking business. The order was made effective from the close of business on July 4, 2016. The Registrar of Co-operative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Bank cancelled the licence of the bank as: The ban
The Reserve Bank of India (RBI) has, vide order dated June 30, 2016 cancelled the licence of Jijamata Mahila Sahakari Bank Ltd., Satara, Maharashtra to carry on banking business. The order was made effective from the close of business on July 4, 2016. The Registrar of Co-operative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Bank cancelled the licence of the bank as: The ban
আগ 03, 2016
RBI Imposes Monetary Penalty on The Raipur Urban Mercantile Co-operative Bank Limited, Raipur
The Reserve Bank of India has imposed a monetary penalty of ₹ 5,00,000/- (Rupees Five lakh only) on the Raipur Urban Mercantile Co-operative Bank Limited, Raipur in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violation of the directives/guidelines issued by the Reserve Bank on prohibition of grant of loans and advances to its dire
The Reserve Bank of India has imposed a monetary penalty of ₹ 5,00,000/- (Rupees Five lakh only) on the Raipur Urban Mercantile Co-operative Bank Limited, Raipur in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violation of the directives/guidelines issued by the Reserve Bank on prohibition of grant of loans and advances to its dire
আগ 03, 2016
RBI Imposes Monetary Penalty on Zila Sahakari Kendriya Bank Maryadit, Raipur
The Reserve Bank of India has imposed a monetary penalty of ₹ 5,00,000/- (Rupees five lakh only) on Zila Sahakari Kendriya Bank Maryadit, Raipur in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violation of the directives/guidelines of the Reserve Bank on Know Your Customer Norms. The Reserve Bank of India had issued a show cause no
The Reserve Bank of India has imposed a monetary penalty of ₹ 5,00,000/- (Rupees five lakh only) on Zila Sahakari Kendriya Bank Maryadit, Raipur in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violation of the directives/guidelines of the Reserve Bank on Know Your Customer Norms. The Reserve Bank of India had issued a show cause no
আগ 01, 2016
RBI issues Directions to Hardoi Urban Co-operative Bank Ltd., Hardoi (U.P.)
The Reserve Bank of India is satisfied that in the interest of the public, it is necessary to issue certain directions to the Hardoi Urban Co-operative Bank Ltd., Hardoi. Accordingly, the Reserve Bank of India in exercise of the powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949 hereby directs that the Hardoi Urban Co-operative B
The Reserve Bank of India is satisfied that in the interest of the public, it is necessary to issue certain directions to the Hardoi Urban Co-operative Bank Ltd., Hardoi. Accordingly, the Reserve Bank of India in exercise of the powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949 hereby directs that the Hardoi Urban Co-operative B
আগ 01, 2016
RBI issues Directions to Mahamedha Urban Co-operative Bank Ltd., Ghaziabad (Uttar Pradesh)
The Reserve Bank of India is satisfied that in the interest of the public, it is necessary to issue certain directions to the Mahamedha Urban Co-operative Bank Ltd., Ghaziabad. Accordingly, the Reserve Bank of India in exercise of the powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949 hereby directs that the Mahamedha Urban Co-op
The Reserve Bank of India is satisfied that in the interest of the public, it is necessary to issue certain directions to the Mahamedha Urban Co-operative Bank Ltd., Ghaziabad. Accordingly, the Reserve Bank of India in exercise of the powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949 hereby directs that the Mahamedha Urban Co-op
জুলাই 31, 2016
RBI issue Directions to CKP Co-operative Bank Ltd, Mumbai, Maharashtra
CKP Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions for a period of six months vide directive dated April 30, 2014 from the close of business on May 2, 2014. The validity of the directions was extended vide directives dated October 21, 2014 for a period of three months; dated January 20, 2015 for a period of six months; dated July 9, 2015 for a period of three months ; dated October 28, 2015 for a period of three months and dated January 19, 20
CKP Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions for a period of six months vide directive dated April 30, 2014 from the close of business on May 2, 2014. The validity of the directions was extended vide directives dated October 21, 2014 for a period of three months; dated January 20, 2015 for a period of six months; dated July 9, 2015 for a period of three months ; dated October 28, 2015 for a period of three months and dated January 19, 20
জুলাই 26, 2016
RBI cancels Certificate of Registration of 5 NBFCs
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Jahangirabad Finance Company Private Limited 301, Dhaka Chamber, 39, Naiwala, Karol Bagh, New Delhi – 110005 B-14.03066 April 25, 2005 May
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Jahangirabad Finance Company Private Limited 301, Dhaka Chamber, 39, Naiwala, Karol Bagh, New Delhi – 110005 B-14.03066 April 25, 2005 May
জুলাই 26, 2016
2 NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Fedder Tieup Private Limited (Presently Savi Media World Limited) 10B, Sikdar
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Fedder Tieup Private Limited (Presently Savi Media World Limited) 10B, Sikdar
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