Press Releases - Regulating Co-operative Banking - আৰবিআই - Reserve Bank of India
প্ৰেছ ৰিলিজ
নৱে 26, 2020
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Rupee Co-operative Bank Ltd., Pune, Maharashtra - Extension of Period
The Reserve Bank of India vide directive UBD.CO.BSD I/D-28/12.22.218/2012-13 dated February 21, 2013 had placed the Rupee Co-operative Bank Ltd., Pune, Maharashtra under Directions from the close of business on February 22, 2013. The validity of the directions was extended from time-to-time, the last being up to November 30, 2020. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under sub-se
The Reserve Bank of India vide directive UBD.CO.BSD I/D-28/12.22.218/2012-13 dated February 21, 2013 had placed the Rupee Co-operative Bank Ltd., Pune, Maharashtra under Directions from the close of business on February 22, 2013. The validity of the directions was extended from time-to-time, the last being up to November 30, 2020. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under sub-se
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নৱে 17, 2020
Directions under Section 35 A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Mantha Urban Cooperative Bank Ltd., Mantha District: Jalna, Maharashtra
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949 read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) has issued certain Directions to Mantha Urban Cooperative Bank Ltd., Mantha District: Jalna, Maharashtra, whereby, as from the close of business on November 17, 2020, the aforesaid bank shall not, without prior appro
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949 read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) has issued certain Directions to Mantha Urban Cooperative Bank Ltd., Mantha District: Jalna, Maharashtra, whereby, as from the close of business on November 17, 2020, the aforesaid bank shall not, without prior appro
নৱে 17, 2020
Reserve Bank of India imposes monetary penalty on Shushruti Souharda Sahakara Bank Niyamita, Bengaluru, Karnataka
The Reserve Bank of India (RBI) has imposed, by an order dated November 16, 2020, a monetary penalty of ₹ 20.00 lakh (Rupees twenty lakh only) on Shushruti Souharda Sahakara Bank Niyamita (the bank) for non-compliance with certain provisions of the directions issued by RBI, contained in the circular on Income Recognition, Asset Classification provisioning and other related Matters-UCBs. This penalty has been imposed in exercise of powers vested in RBI under the provis
The Reserve Bank of India (RBI) has imposed, by an order dated November 16, 2020, a monetary penalty of ₹ 20.00 lakh (Rupees twenty lakh only) on Shushruti Souharda Sahakara Bank Niyamita (the bank) for non-compliance with certain provisions of the directions issued by RBI, contained in the circular on Income Recognition, Asset Classification provisioning and other related Matters-UCBs. This penalty has been imposed in exercise of powers vested in RBI under the provis
নৱে 17, 2020
Reserve Bank of India imposes monetary penalty on The Deccan Urban Co-Operative Bank Limited, Vijayapura, Karnataka
The Reserve Bank of India (RBI) has imposed, by an order dated November 16, 2020, a monetary penalty of ₹1.00 lakh (Rupees one lakh only) on The Deccan Urban Co-operative Bank Limited, Vijayapura (the bank) for contravention of the directions issued by RBI on prohibition of loans and advances to Directors. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the Ba
The Reserve Bank of India (RBI) has imposed, by an order dated November 16, 2020, a monetary penalty of ₹1.00 lakh (Rupees one lakh only) on The Deccan Urban Co-operative Bank Limited, Vijayapura (the bank) for contravention of the directions issued by RBI on prohibition of loans and advances to Directors. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the Ba
নৱে 06, 2020
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Millath Co-operative Bank Ltd., Devangere, Karnataka - Extension of Period
The Reserve Bank of India issued All Inclusive Directions to Millath Co-operative Bank Ltd., Devangere, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DCBS.CO.BSD III.D-12/12.23.096/2018-19 dated April 26, 2019, as modified from time to time, which was last extended upto November 7, 2020 vide Directive DOR.CO.AID.No.D-78/12.23.096/2019-20 dated April 27, 2020. 2. The Reserve Bank of India is satisfied that in the pu
The Reserve Bank of India issued All Inclusive Directions to Millath Co-operative Bank Ltd., Devangere, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DCBS.CO.BSD III.D-12/12.23.096/2018-19 dated April 26, 2019, as modified from time to time, which was last extended upto November 7, 2020 vide Directive DOR.CO.AID.No.D-78/12.23.096/2019-20 dated April 27, 2020. 2. The Reserve Bank of India is satisfied that in the pu
নৱে 04, 2020
Reserve Bank of India imposes monetary penalty on Millath Co-operative Bank, Davangere, Karnataka
The Reserve Bank of India (RBI) has imposed, by an order dated November 3, 2020, a monetary penalty of ₹10.00 lakh (Rupees ten lakh only) on Millath Co-operative Bank for non-adherence / violation of All Inclusive Directions and other directions imposed on the bank. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the Banking Regulation Act, 1949, taking into a
The Reserve Bank of India (RBI) has imposed, by an order dated November 3, 2020, a monetary penalty of ₹10.00 lakh (Rupees ten lakh only) on Millath Co-operative Bank for non-adherence / violation of All Inclusive Directions and other directions imposed on the bank. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the Banking Regulation Act, 1949, taking into a
নৱে 04, 2020
Reserve Bank of India imposes monetary penalty on The Thiruvaikuntam Co-Operative Urban Bank Limited, Thoothukudi District, Tamil Nadu
The Reserve Bank of India (RBI) has imposed, by an order dated November 3, 2020, a monetary penalty of ₹5.00 lakh (Rupees five lakh only) on The Thiruvaikuntam Co-operative Urban Bank Limited (the bank) for contravention of the directions issued by RBI on prohibition of loans and advances to Directors. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the Bankin
The Reserve Bank of India (RBI) has imposed, by an order dated November 3, 2020, a monetary penalty of ₹5.00 lakh (Rupees five lakh only) on The Thiruvaikuntam Co-operative Urban Bank Limited (the bank) for contravention of the directions issued by RBI on prohibition of loans and advances to Directors. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the Bankin
অক্টো 29, 2020
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) - Shivam Sahakari Bank Ltd, Ichalkaranji, Kolhapur, Maharashtra - Extension of period
Shivam Sahakari Bank Ltd, Ichalkaranji, Kolhapur, Maharashtra was placed under directions vide directive DCBS.CO.BSD-I/D-6/12.22.351/2017-18 dated May 18, 2018 from the close of business on May 19, 2018 for a period of six months. The validity of the directions was last extended up to October 31, 2020 vide our Directive DOR.CO.AID/D- 5/12.22.351/2020-21 dated July 24, 2020. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in
Shivam Sahakari Bank Ltd, Ichalkaranji, Kolhapur, Maharashtra was placed under directions vide directive DCBS.CO.BSD-I/D-6/12.22.351/2017-18 dated May 18, 2018 from the close of business on May 19, 2018 for a period of six months. The validity of the directions was last extended up to October 31, 2020 vide our Directive DOR.CO.AID/D- 5/12.22.351/2020-21 dated July 24, 2020. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in
অক্টো 29, 2020
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) - The Needs of Life Co-op. Bank Ltd Mumbai, Maharashtra - Extension of period
The Needs of Life Co-op. Bank Ltd, Mumbai was placed under directions vide directive DCBS.CO.BSD-I/D-3/12.22.163/2018-19 dated October 26, 2018 from the close of business on October 29, 2018 for a period of six months. The validity of the directions was last extended up to October 31, 2020 vide our DOR.CO.AID/No.D-76/12.22.160/2019-20 dated April 24, 2020. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers
The Needs of Life Co-op. Bank Ltd, Mumbai was placed under directions vide directive DCBS.CO.BSD-I/D-3/12.22.163/2018-19 dated October 26, 2018 from the close of business on October 29, 2018 for a period of six months. The validity of the directions was last extended up to October 31, 2020 vide our DOR.CO.AID/No.D-76/12.22.160/2019-20 dated April 24, 2020. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers
অক্টো 19, 2020
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) - United Cooperative Bank Limited, Bagnan Station Road (North), P.O. - Bagnan, Dist- Howrah, Pin - 711 303, West Bengal - Extension of Period
Reserve Bank of India, in public interest, had issued Directions to United Co-operative Bank Limited, Bagnan, West Bengal in exercise of its powers vested in it under Sub-Section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on July 18, 2018, as modified from time to time which was last extended upto October 18, 2020. Reserve Bank of India has now, in public interest, further extended the Directions for a
Reserve Bank of India, in public interest, had issued Directions to United Co-operative Bank Limited, Bagnan, West Bengal in exercise of its powers vested in it under Sub-Section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on July 18, 2018, as modified from time to time which was last extended upto October 18, 2020. Reserve Bank of India has now, in public interest, further extended the Directions for a
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