প্রেস রিলিজ - আরবিআই - Reserve Bank of India
প্রেস রিলিজ
জানু 17, 2023
RBI imposes monetary penalty on The Gujarat Rajya Karmachari Co-operative Bank Ltd., Ahmedabad (Gujarat)
The Reserve Bank of India (RBI) has, by an Order dated December 15, 2022, imposed a monetary penalty of ₹3.00 lakh (Rupees three lakh only) on The Gujarat Rajya Karmachari Co-operative Bank Ltd., Ahmedabad (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’ and sub-section (2) of section 26A of the Banking Regulatio
The Reserve Bank of India (RBI) has, by an Order dated December 15, 2022, imposed a monetary penalty of ₹3.00 lakh (Rupees three lakh only) on The Gujarat Rajya Karmachari Co-operative Bank Ltd., Ahmedabad (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’ and sub-section (2) of section 26A of the Banking Regulatio
জানু 17, 2023
RBI imposes monetary penalty on The Janata Co-operative Bank Ltd., Godhra, Dist. Panchmahal (Gujarat)
The Reserve Bank of India (RBI) has, by an Order dated December 16, 2022, imposed a monetary penalty of ₹3.00 lakh (Rupees three lakh only) on The Janata Co-operative Bank Ltd., Godhra, Dist. Panchmahal (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers vested in
The Reserve Bank of India (RBI) has, by an Order dated December 16, 2022, imposed a monetary penalty of ₹3.00 lakh (Rupees three lakh only) on The Janata Co-operative Bank Ltd., Godhra, Dist. Panchmahal (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers vested in
জানু 16, 2023
RBI imposes monetary penalty on The Citizens’ Co-operative Bank Limited, Jammu, Jammu and Kashmir
The Reserve Bank of India (RBI) has, by an order dated January 06, 2023, imposed a monetary penalty of ₹5.00 lakh (Rupees Five Lakh only) on The Citizens’ Co-operative Bank Limited, Jammu, Jammu and Kashmir (the bank) for contravention of section 35 A and section 36 (1) (a) read with section 56 of the Banking Regulation Act, 1949. 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)
The Reserve Bank of India (RBI) has, by an order dated January 06, 2023, imposed a monetary penalty of ₹5.00 lakh (Rupees Five Lakh only) on The Citizens’ Co-operative Bank Limited, Jammu, Jammu and Kashmir (the bank) for contravention of section 35 A and section 36 (1) (a) read with section 56 of the Banking Regulation Act, 1949. 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)
জানু 09, 2023
RBI imposes monetary penalty on Gondia District Central Co-operative Bank Limited, Gondia (Maharashtra)
The Reserve Bank of India (RBl) has imposed, by an order dated January 05, 2023, a monetary penalty of ₹2.00 lakh (Rupees Two lakh only) on Gondia District Central Co-operative Bank Limited, Gondia (Maharashtra) (the bank) for contravention of/non-compliance with the provisions of the Banking Regulation Act, 1949 (the Act), the Depositor Education and Awareness Fund Scheme, 2014 (the Scheme) and directions issued by NABARD on “Frauds – Guidelines for Classification, R
The Reserve Bank of India (RBl) has imposed, by an order dated January 05, 2023, a monetary penalty of ₹2.00 lakh (Rupees Two lakh only) on Gondia District Central Co-operative Bank Limited, Gondia (Maharashtra) (the bank) for contravention of/non-compliance with the provisions of the Banking Regulation Act, 1949 (the Act), the Depositor Education and Awareness Fund Scheme, 2014 (the Scheme) and directions issued by NABARD on “Frauds – Guidelines for Classification, R
জানু 09, 2023
RBI imposes monetary penalty on The Shirpur Peoples’ Co-operative Bank Ltd., Shirpur (Maharashtra)
The Reserve Bank of India (RBl) has imposed, by an order dated January 04, 2023, a monetary penalty of ₹3.00 lakh (Rupees Three lakh only) on The Shirpur Peoples’ Co-operative Bank Ltd., Shirpur (Maharashtra) (the bank) for contravention of/non-compliance with the directions issued by the RBI to Urban Co-operative Banks on “Exposure Norms and Statutory / Other Restrictions – UCBs”, Income Recognition and Asset Classification (IRAC) and Know Your Customer (KYC). This p
The Reserve Bank of India (RBl) has imposed, by an order dated January 04, 2023, a monetary penalty of ₹3.00 lakh (Rupees Three lakh only) on The Shirpur Peoples’ Co-operative Bank Ltd., Shirpur (Maharashtra) (the bank) for contravention of/non-compliance with the directions issued by the RBI to Urban Co-operative Banks on “Exposure Norms and Statutory / Other Restrictions – UCBs”, Income Recognition and Asset Classification (IRAC) and Know Your Customer (KYC). This p
জানু 09, 2023
Reserve Bank of India imposes monetary penalty on The Attur Town Co-operative Bank Ltd., Attur, Salem District, Tamil Nadu
The Reserve Bank of India (RBI) has imposed, by an order dated January 02, 2023, a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on The Attur Town Co-operative Bank Ltd., Attur, Salem District, Tamil Nadu (the bank) for non-adherence/violation of directions issued in the matter of Board of Directors – UCBs. 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
The Reserve Bank of India (RBI) has imposed, by an order dated January 02, 2023, a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on The Attur Town Co-operative Bank Ltd., Attur, Salem District, Tamil Nadu (the bank) for non-adherence/violation of directions issued in the matter of Board of Directors – UCBs. 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
জানু 09, 2023
Reserve Bank of India imposes monetary penalty on Shree Mahayogi Lakshmamma Co-operative Bank Ltd., Kurnool, Andhra Pradesh
The Reserve Bank of India (RBI) has imposed, by an order dated January 02, 2023, a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on Shree Mahayogi Lakshmamma Cooperative Bank Ltd., Kurnool, Andhra Pradesh (the bank) for non-compliance with directions issued by RBI 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 provisions of Section 47 A (1)
The Reserve Bank of India (RBI) has imposed, by an order dated January 02, 2023, a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on Shree Mahayogi Lakshmamma Cooperative Bank Ltd., Kurnool, Andhra Pradesh (the bank) for non-compliance with directions issued by RBI 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 provisions of Section 47 A (1)
জানু 09, 2023
RBI imposes monetary penalty on Tirupati Urban Co-operative Bank Ltd., Nagpur (Maharashtra)
The Reserve Bank of India (RBl) has imposed, by an order dated January 04, 2023, a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on Tirupati Urban Co-operative Bank Ltd., Nagpur (the bank) for contravention of/ non-compliance with the directions issued by the RBI to Urban Co-operative Banks on Know Your Customer (KYC). 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
The Reserve Bank of India (RBl) has imposed, by an order dated January 04, 2023, a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on Tirupati Urban Co-operative Bank Ltd., Nagpur (the bank) for contravention of/ non-compliance with the directions issued by the RBI to Urban Co-operative Banks on Know Your Customer (KYC). 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
জানু 02, 2023
RBI imposes monetary penalty on Col. R.D.Nikam Sainik Sahakari Bank Ltd., Satara
The Reserve Bank of India (RBI) has, by an order dated December 28, 2022, imposed a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on Col. R.D.Nikam Sainik Sahakari Bank Ltd., Satara (the bank) for contravention of Section 26-A read with section 56 of the Banking Regulation Act, 1949 (the Act) and the Depositor Education and Awareness Fund Scheme, 2014. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c
The Reserve Bank of India (RBI) has, by an order dated December 28, 2022, imposed a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on Col. R.D.Nikam Sainik Sahakari Bank Ltd., Satara (the bank) for contravention of Section 26-A read with section 56 of the Banking Regulation Act, 1949 (the Act) and the Depositor Education and Awareness Fund Scheme, 2014. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c
জানু 02, 2023
RBI imposes monetary penalty on Sharad Sahakari Bank Ltd., Pune
The Reserve Bank of India (RBI) has, by an order dated December 28, 2022, imposed a monetary penalty of ₹6.00 lakh (Rupees Six lakh only) on Sharad Sahakari Bank Ltd., Pune (the bank) for non-compliance with the directions issued by RBI on ‘Know Your Customers’ and ‘Interest Rate on Deposits’. This penalty has been imposed in exercise of powers vested in RBI conferred under section 47 A (1) (c) read with sections 46 (4) (i) and 56 of Banking Regulation Act, 1949 (BR A
The Reserve Bank of India (RBI) has, by an order dated December 28, 2022, imposed a monetary penalty of ₹6.00 lakh (Rupees Six lakh only) on Sharad Sahakari Bank Ltd., Pune (the bank) for non-compliance with the directions issued by RBI on ‘Know Your Customers’ and ‘Interest Rate on Deposits’. This penalty has been imposed in exercise of powers vested in RBI conferred under section 47 A (1) (c) read with sections 46 (4) (i) and 56 of Banking Regulation Act, 1949 (BR A
জানু 02, 2023
RBI imposes monetary penalty on The Sahebrao Deshmukh Cooperative Bank Ltd., Mumbai
The Reserve Bank of India (RBI) has, by an order dated December 28, 2022, imposed a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on The Sahebrao Deshmukh Cooperative Bank Ltd., Mumbai (the bank) for non-compliance with the directions issued by RBI on ‘Frauds monitoring and reporting mechanism’. This penalty has been imposed in exercise of powers vested in RBI conferred under section 47 A (1) (c) read with sections 46 (4) (i) and 56 of Banking Regulation Act,
The Reserve Bank of India (RBI) has, by an order dated December 28, 2022, imposed a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on The Sahebrao Deshmukh Cooperative Bank Ltd., Mumbai (the bank) for non-compliance with the directions issued by RBI on ‘Frauds monitoring and reporting mechanism’. This penalty has been imposed in exercise of powers vested in RBI conferred under section 47 A (1) (c) read with sections 46 (4) (i) and 56 of Banking Regulation Act,
ডিসেম্বর 19, 2022
RBI imposes monetary penalty on The Halol Mercantile Co-operative Bank Ltd., Halol, Dist. Panchmahal (Gujarat)
The Reserve Bank of India (RBI) has, by an order dated December 16, 2022, imposed a monetary penalty of ₹2.00 lakh (Rupees Two Lakh only) on The Halol Mercantile Co-operative Bank Ltd., Halol, Dist. Panchmahal (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers ve
The Reserve Bank of India (RBI) has, by an order dated December 16, 2022, imposed a monetary penalty of ₹2.00 lakh (Rupees Two Lakh only) on The Halol Mercantile Co-operative Bank Ltd., Halol, Dist. Panchmahal (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers ve
ডিসেম্বর 19, 2022
RBI imposes monetary penalty on The Bechraji Nagarik Sahakari Bank Ltd., Bechraji, district Mehsana (Gujarat)
The Reserve Bank of India (RBI) has, by an Order dated December 12, 2022, imposed a monetary penalty of ₹50,000/- (Rupees fifty thousand only) on The Bechraji Nagarik Sahakari Bank Ltd., Bechraji, district Mehsana (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of power
The Reserve Bank of India (RBI) has, by an Order dated December 12, 2022, imposed a monetary penalty of ₹50,000/- (Rupees fifty thousand only) on The Bechraji Nagarik Sahakari Bank Ltd., Bechraji, district Mehsana (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of power
ডিসেম্বর 19, 2022
RBI imposes monetary penalty on Gujarat Mercantile Co-operative Bank Ltd., Ahmedabad (Gujarat)
The Reserve Bank of India (RBI) has, by an Order dated December 12, 2022, imposed a monetary penalty of ₹1.00 lakh (Rupees one lakh only) on Gujarat Mercantile Co-operative Bank Ltd., Ahmedabad (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers vested in the RBI
The Reserve Bank of India (RBI) has, by an Order dated December 12, 2022, imposed a monetary penalty of ₹1.00 lakh (Rupees one lakh only) on Gujarat Mercantile Co-operative Bank Ltd., Ahmedabad (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers vested in the RBI
ডিসেম্বর 19, 2022
RBI imposes monetary penalty on Nagarik Sahakari Bank Ltd., Babra, district Amreli (Gujarat)
The Reserve Bank of India (RBI) has, by an Order dated December 12, 2022, imposed a monetary penalty of ₹1.00 lakh (Rupees one lakh only) on Nagarik Sahakari Bank Ltd., Babra, district Amreli (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers vested in the RBI un
The Reserve Bank of India (RBI) has, by an Order dated December 12, 2022, imposed a monetary penalty of ₹1.00 lakh (Rupees one lakh only) on Nagarik Sahakari Bank Ltd., Babra, district Amreli (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers vested in the RBI un
ডিসেম্বর 19, 2022
RBI imposes monetary penalty on Shree Mahalaxmi Mercantile Co-operative Bank Ltd., Dabhoi, district Vadodara (Gujarat)
The Reserve Bank of India (RBI) has, by an Order dated December 12, 2022, imposed a monetary penalty of ₹50,000/- (Rupees fifty thousand only) on Shree Mahalaxmi Mercantile Co-operative Bank Ltd., Dabhoi, district Vadodara (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise
The Reserve Bank of India (RBI) has, by an Order dated December 12, 2022, imposed a monetary penalty of ₹50,000/- (Rupees fifty thousand only) on Shree Mahalaxmi Mercantile Co-operative Bank Ltd., Dabhoi, district Vadodara (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise
ডিসেম্বর 19, 2022
RBI imposes monetary penalty on The Halol Urban Co-operative Bank Ltd., Halol, Dist. Panchmahal (Gujarat)
The Reserve Bank of India (RBI) has, by an Order dated December 12, 2022, imposed a monetary penalty of ₹2.00 lakh (Rupees two lakh only) on The Halol Urban Co-operative Bank Ltd., Halol, Dist. Panchmahal (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers vested
The Reserve Bank of India (RBI) has, by an Order dated December 12, 2022, imposed a monetary penalty of ₹2.00 lakh (Rupees two lakh only) on The Halol Urban Co-operative Bank Ltd., Halol, Dist. Panchmahal (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers vested
ডিসেম্বর 19, 2022
RBI imposes monetary penalty on The Harij Nagrik Sahakari Bank Ltd., Harij, district Patan (Gujarat)
The Reserve Bank of India (RBI) has, by an Order dated December 12, 2022, imposed a monetary penalty of ₹1.00 lakh (Rupees one lakh only) on The Harij Nagrik Sahakari Bank Ltd., Harij, district Patan (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers vested in th
The Reserve Bank of India (RBI) has, by an Order dated December 12, 2022, imposed a monetary penalty of ₹1.00 lakh (Rupees one lakh only) on The Harij Nagrik Sahakari Bank Ltd., Harij, district Patan (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers vested in th
ডিসেম্বর 19, 2022
RBI imposes monetary penalty on The Bodeli Urban Co-operative Bank Ltd., Bodeli, Dist. Chhota Udepur (Gujarat)
The Reserve Bank of India (RBI) has, by an order dated December 16, 2022, imposed a monetary penalty of ₹2.25 Lakh (Rupees Two Lakh Twenty Five Thousand only) on The Bodeli Urban Co-operative Bank Ltd., Bodeli, Dist. Chhota Udepur (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Loans and advances to directors etc- directors as surety/guarantors- Clarification’ and ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquid
The Reserve Bank of India (RBI) has, by an order dated December 16, 2022, imposed a monetary penalty of ₹2.25 Lakh (Rupees Two Lakh Twenty Five Thousand only) on The Bodeli Urban Co-operative Bank Ltd., Bodeli, Dist. Chhota Udepur (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Loans and advances to directors etc- directors as surety/guarantors- Clarification’ and ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquid
ডিসেম্বর 19, 2022
RBI imposes monetary penalty on The Viramgam Mercantile Co-operative Bank Ltd., Viramgam, district Ahmedabad (Gujarat)
The Reserve Bank of India (RBI) has, by an Order dated December 12, 2022, imposed a monetary penalty of ₹2.00 lakh (Rupees two lakh only) on The Viramgam Mercantile Co-operative Bank Ltd., Viramgam, district Ahmedabad (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of p
The Reserve Bank of India (RBI) has, by an Order dated December 12, 2022, imposed a monetary penalty of ₹2.00 lakh (Rupees two lakh only) on The Viramgam Mercantile Co-operative Bank Ltd., Viramgam, district Ahmedabad (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of p
ডিসেম্বর 19, 2022
RBI imposes monetary penalty on The Lakhwad Nagarik Sahakari Bank Ltd., Lakhwad, district Mehsana (Gujarat)
The Reserve Bank of India (RBI) has, by an Order dated December 12, 2022, imposed a monetary penalty of ₹1.00 lakh (Rupees one lakh only) on The Lakhwad Nagarik Sahakari Bank Ltd., Lakhwad, district Mehsana (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers veste
The Reserve Bank of India (RBI) has, by an Order dated December 12, 2022, imposed a monetary penalty of ₹1.00 lakh (Rupees one lakh only) on The Lakhwad Nagarik Sahakari Bank Ltd., Lakhwad, district Mehsana (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers veste
ডিসেম্বর 19, 2022
RBI imposes monetary penalty on Saraspur Nagrik Co-operative Bank Ltd., Ahmedabad (Gujarat)
The Reserve Bank of India (RBI) has, by an order dated December 16, 2022, imposed a monetary penalty of ₹2.00 lakh (Rupees Two Lakh only) on Saraspur Nagrik Co-operative Bank Ltd., Ahmedabad (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers vested in the RBI und
The Reserve Bank of India (RBI) has, by an order dated December 16, 2022, imposed a monetary penalty of ₹2.00 lakh (Rupees Two Lakh only) on Saraspur Nagrik Co-operative Bank Ltd., Ahmedabad (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers vested in the RBI und
ডিসেম্বর 19, 2022
RBI imposes monetary penalty on The Bhuj Mercantile Co-operative Bank Ltd., Ahmedabad (Gujarat)
The Reserve Bank of India (RBI) has imposed, by an order dated December 14, 2022, a monetary penalty of ₹7.00 lakh (Rupees Seven Lakh only) on The Bhuj Mercantile Co-operative Bank Ltd., Ahmedabad (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Loans and advances to directors etc- directors as surety/guarantors- Clarification’ and ‘Master Circular- Management of Advances – UCBs’. This penalty has been imposed in exercise of powers vested in the
The Reserve Bank of India (RBI) has imposed, by an order dated December 14, 2022, a monetary penalty of ₹7.00 lakh (Rupees Seven Lakh only) on The Bhuj Mercantile Co-operative Bank Ltd., Ahmedabad (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Loans and advances to directors etc- directors as surety/guarantors- Clarification’ and ‘Master Circular- Management of Advances – UCBs’. This penalty has been imposed in exercise of powers vested in the
ডিসেম্বর 19, 2022
RBI imposes monetary penalty on The Kachchh District Central Co-operative Bank Ltd., Kachchh (Gujarat)
The Reserve Bank of India (RBI) has, by an Order dated December 16, 2022, imposed a monetary penalty of ₹2.00 lakh (Rupees two lakh only) on The Kachchh District Central Co-operative Bank Ltd., Kachchh (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Cash Reserve Ratio (CRR) for Non-Scheduled StCBs and CCBs and Statutory Liquidity Ratio (SLR) for StCBs and CCBs’. This penalty has been imposed in exercise of powers vested in the RBI
The Reserve Bank of India (RBI) has, by an Order dated December 16, 2022, imposed a monetary penalty of ₹2.00 lakh (Rupees two lakh only) on The Kachchh District Central Co-operative Bank Ltd., Kachchh (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Cash Reserve Ratio (CRR) for Non-Scheduled StCBs and CCBs and Statutory Liquidity Ratio (SLR) for StCBs and CCBs’. This penalty has been imposed in exercise of powers vested in the RBI
ডিসেম্বর 13, 2022
ইস্টার্ন অ্যান্ড নর্থ-ইস্ট ফ্রন্টিয়ার রেলওয়ে কো-অপারেটিভ ব্যাঙ্ক লিমিটেড, কলকাতা, পশ্চিমবঙ্গ-এর উপর ভারতীয় রিজার্ভ ব্যাঙ্ক আর্থিক জরিমানা আরোপ করল
12 ডিসেম্বর 2022 ইস্টার্ন অ্যান্ড নর্থ-ইস্ট ফ্রন্টিয়ার রেলওয়ে কো-অপারেটিভ ব্যাঙ্ক লিমিটেড, কলকাতা, পশ্চিমবঙ্গ-এর উপর ভারতীয় রিজার্ভ ব্যাঙ্ক আর্থিক জরিমানা আরোপ করল ভারতীয় রিজার্ভ ব্যাঙ্ক(আরবিআই), ডিসেম্বর 07, 2022 দিনাঙ্কিত একটি আদেশ দ্বারা, (i) সুপারভিশন অ্যাকশন ফ্রেমওয়ার্ক (এসএএফ)-এর অধীনে জারিকৃত নির্ধারিত নির্দেশবিধি(specific directions) এবং (ii) ‘রিজার্ভ ব্যাঙ্ক অফ ইন্ডিয়া –(নো ইয়োর কাস্টমার (কেওয়াইসি)) ডিরেকশন, 2016’-এর নির্দিষ্ট কিছু বিধানসমূহ-এর লঙ্ঘন/ অমান্
12 ডিসেম্বর 2022 ইস্টার্ন অ্যান্ড নর্থ-ইস্ট ফ্রন্টিয়ার রেলওয়ে কো-অপারেটিভ ব্যাঙ্ক লিমিটেড, কলকাতা, পশ্চিমবঙ্গ-এর উপর ভারতীয় রিজার্ভ ব্যাঙ্ক আর্থিক জরিমানা আরোপ করল ভারতীয় রিজার্ভ ব্যাঙ্ক(আরবিআই), ডিসেম্বর 07, 2022 দিনাঙ্কিত একটি আদেশ দ্বারা, (i) সুপারভিশন অ্যাকশন ফ্রেমওয়ার্ক (এসএএফ)-এর অধীনে জারিকৃত নির্ধারিত নির্দেশবিধি(specific directions) এবং (ii) ‘রিজার্ভ ব্যাঙ্ক অফ ইন্ডিয়া –(নো ইয়োর কাস্টমার (কেওয়াইসি)) ডিরেকশন, 2016’-এর নির্দিষ্ট কিছু বিধানসমূহ-এর লঙ্ঘন/ অমান্
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ডিসেম্বর 12, 2022
RBI imposes monetary penalty on The Vaidyanath Urban Co-operative Bank Limited, Parli Vaijnath, Beed, Maharashtra
The Reserve Bank of India (RBl) has imposed, by an order dated December 05, 2022, a monetary penalty of ₹2.50 lakh (Rupees Two lakh fifty thousand only) on The Vaidyanath Urban Co-operative Bank Ltd., Beed (Maharashtra) (the bank) for contravention of/non-compliance with the directions issued by the RBI to Urban Co-operative Banks on Know Your Customer (KYC). This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c)
The Reserve Bank of India (RBl) has imposed, by an order dated December 05, 2022, a monetary penalty of ₹2.50 lakh (Rupees Two lakh fifty thousand only) on The Vaidyanath Urban Co-operative Bank Ltd., Beed (Maharashtra) (the bank) for contravention of/non-compliance with the directions issued by the RBI to Urban Co-operative Banks on Know Your Customer (KYC). This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c)
ডিসেম্বর 12, 2022
RBI imposes monetary penalty on Jijau Commercial Co-operative Bank Ltd., Amravati, Maharashtra
The Reserve Bank of India (RBl) has imposed, by an order dated December 05, 2022, a monetary penalty of ₹1.25 lakh (Rupees One lakh Twenty Five Thousand only) on Jijau Commercial Co-operative Bank Ltd., Amravati (Maharashtra) (the bank) for contravention of/non-adherence with the directions issued by RBI to Urban Co-operative Banks on Know Your Customer (KYC) and opening of on-site ATM. This penalty has been imposed in exercise of powers vested in RBI under the provis
The Reserve Bank of India (RBl) has imposed, by an order dated December 05, 2022, a monetary penalty of ₹1.25 lakh (Rupees One lakh Twenty Five Thousand only) on Jijau Commercial Co-operative Bank Ltd., Amravati (Maharashtra) (the bank) for contravention of/non-adherence with the directions issued by RBI to Urban Co-operative Banks on Know Your Customer (KYC) and opening of on-site ATM. This penalty has been imposed in exercise of powers vested in RBI under the provis
ডিসেম্বর 12, 2022
RBI imposes monetary penalty on Shri Kanyaka Nagari Sahakari Bank Ltd., Chandrapur, Maharashtra
The Reserve Bank of India (RBl) has imposed, by an order dated December 05, 2022, a monetary penalty of ₹4.00 lakh (Rupees Four lakh only) on Shri Kanyaka Nagari Sahakari Bank Ltd., Chandrapur (Maharashtra) (the bank) for contravention of/ non-compliance with the directions issued by the RBI to Urban Co-operative Banks on Know Your Customer (KYC). This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with S
The Reserve Bank of India (RBl) has imposed, by an order dated December 05, 2022, a monetary penalty of ₹4.00 lakh (Rupees Four lakh only) on Shri Kanyaka Nagari Sahakari Bank Ltd., Chandrapur (Maharashtra) (the bank) for contravention of/ non-compliance with the directions issued by the RBI to Urban Co-operative Banks on Know Your Customer (KYC). This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with S
ডিসেম্বর 12, 2022
RBI imposes monetary penalty on Wai Urban Co-operative Bank Ltd., Satara
The Reserve Bank of India (RBI) has, by an order dated December 08, 2022, imposed a monetary penalty of ₹2 lakh (Rupees Two lakh only) on Wai Urban Co-operative Bank Ltd., Satara (the bank) for non-compliance with the directions issued by RBI on ‘Income Recognition, Asset Classification, Provisioning and Other Related Matters’ (IRAC norms). This penalty has been imposed in exercise of powers vested in RBI conferred under section 47 A (1) (c) read with sections 46 (4)
The Reserve Bank of India (RBI) has, by an order dated December 08, 2022, imposed a monetary penalty of ₹2 lakh (Rupees Two lakh only) on Wai Urban Co-operative Bank Ltd., Satara (the bank) for non-compliance with the directions issued by RBI on ‘Income Recognition, Asset Classification, Provisioning and Other Related Matters’ (IRAC norms). This penalty has been imposed in exercise of powers vested in RBI conferred under section 47 A (1) (c) read with sections 46 (4)
ডিসেম্বর 06, 2022
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Nagar Urban Co-operative Bank Ltd., Ahmednagar – Extension of Period
Reserve Bank of India vide directive DoS.CO.SUCBs-West/S2399/12.22.159/2021-22 dated December 06, 2021 had placed Nagar Urban Co-operative Bank Ltd., Ahmednagar under Directions from the close of business on December 06, 2021 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to December 06, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers v
Reserve Bank of India vide directive DoS.CO.SUCBs-West/S2399/12.22.159/2021-22 dated December 06, 2021 had placed Nagar Urban Co-operative Bank Ltd., Ahmednagar under Directions from the close of business on December 06, 2021 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to December 06, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers v
ডিসেম্বর 05, 2022
RBI imposes monetary penalty on The Bharat Co-operative Bank Limited, Bengaluru, Karnataka
The Reserve Bank of India (RBI) has imposed, by an order dated November 28, 2022, a monetary penalty of ₹5.00 lakh (Rupees Five lakh only) on The Bharat Co-operative Bank Limited, Bengaluru, Karnataka (the bank) for non-adherence / violation of directions issued under Exposure Norms and Statutory / Other Restrictions – UCBs. 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 S
The Reserve Bank of India (RBI) has imposed, by an order dated November 28, 2022, a monetary penalty of ₹5.00 lakh (Rupees Five lakh only) on The Bharat Co-operative Bank Limited, Bengaluru, Karnataka (the bank) for non-adherence / violation of directions issued under Exposure Norms and Statutory / Other Restrictions – UCBs. 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 S
সেপ্টেম্বর 07, 2022
RBI issues Alert List of entities not authorised to deal in forex and to operate electronic trading platforms for forex transactions
The Reserve Bank of India (RBI), vide press release dated February 03, 2022, had cautioned the public not to undertake forex transactions on unauthorised electronic trading platforms (ETPs) or remit/deposit money for unauthorised forex transactions. The RBI, however, continues to receive references seeking clarification on the authorisation status of some ETPs. It has, therefore, been decided to place on the RBI website an “Alert List" of entities which are neither au
The Reserve Bank of India (RBI), vide press release dated February 03, 2022, had cautioned the public not to undertake forex transactions on unauthorised electronic trading platforms (ETPs) or remit/deposit money for unauthorised forex transactions. The RBI, however, continues to receive references seeking clarification on the authorisation status of some ETPs. It has, therefore, been decided to place on the RBI website an “Alert List" of entities which are neither au
জুলাই 22, 2022
আরবিআই দাবিহীন আমানতের বিষয়ে সতর্ক করে
22 জুলাই 2022 আরবিআই দাবিহীন আমানতের বিষয়ে সতর্ক করে সঞ্চয়/ চালু খাতা (savings / current accounts)-এ থাকা অবশিষ্ট রাশি যার বিষয়ে 10 বছর যাবৎ কোনও ক্রিয়াকার্যাদি হয়নি, অথবা মেয়াদী আমানত (term deposit) যার বিষয়ে মেয়াদপূর্তী-র তারিখের 10 বছরের মধ্যে কোনও দাবি পেশ করা হয়নি – প্রকারভুক্ত হয় “দাবিহীন আমানত” (“Unclaimed Deposits”) হিসাবে। এইসকল রাশিগুলি ব্যাঙ্ক কর্তৃক স্থানান্তরিত হয় “গ্রাহক শিক্ষা এবং সচেতনতা” (“Depositor Education and Awareness” (DEA)) নিধি-তে যেটির রক্ষণ
22 জুলাই 2022 আরবিআই দাবিহীন আমানতের বিষয়ে সতর্ক করে সঞ্চয়/ চালু খাতা (savings / current accounts)-এ থাকা অবশিষ্ট রাশি যার বিষয়ে 10 বছর যাবৎ কোনও ক্রিয়াকার্যাদি হয়নি, অথবা মেয়াদী আমানত (term deposit) যার বিষয়ে মেয়াদপূর্তী-র তারিখের 10 বছরের মধ্যে কোনও দাবি পেশ করা হয়নি – প্রকারভুক্ত হয় “দাবিহীন আমানত” (“Unclaimed Deposits”) হিসাবে। এইসকল রাশিগুলি ব্যাঙ্ক কর্তৃক স্থানান্তরিত হয় “গ্রাহক শিক্ষা এবং সচেতনতা” (“Depositor Education and Awareness” (DEA)) নিধি-তে যেটির রক্ষণ
জুলাই 15, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 – The City Co-operative Bank Limited, Mumbai - Extension of period
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-5/12.22.039/2017-18 dated April 17, 2018, had placed The City Co-operative Bank Ltd, Mumbai under Directions from the close of business on April 17, 2018. The validity of the directions was extended from time-to-time, the last being up to July 16, 2022. 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-section (1) of Section
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-5/12.22.039/2017-18 dated April 17, 2018, had placed The City Co-operative Bank Ltd, Mumbai under Directions from the close of business on April 17, 2018. The validity of the directions was extended from time-to-time, the last being up to July 16, 2022. 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-section (1) of Section
জুন 22, 2022
Minutes of the Monetary Policy Committee Meeting, June 6 to 8, 2022
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The thirty sixth meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the Reserve Bank of India Act, 1934, was held during June 6 to 8, 2022. 2. The meeting was attended by all the members – Dr. Shashanka Bhide, Honorary Senior Advisor, National Council of Applied Economic Research, Delhi; Dr. Ashima Goyal, Emeritus Professor, Indira Gandhi Institute of Development Research, Mumba
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The thirty sixth meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the Reserve Bank of India Act, 1934, was held during June 6 to 8, 2022. 2. The meeting was attended by all the members – Dr. Shashanka Bhide, Honorary Senior Advisor, National Council of Applied Economic Research, Delhi; Dr. Ashima Goyal, Emeritus Professor, Indira Gandhi Institute of Development Research, Mumba
জুন 08, 2022
Monetary Policy Statement, 2022-23 Resolution of the Monetary Policy Committee (MPC) June 6-8, 2022
On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (June 8, 2022) decided to: Increase the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 4.90 per cent with immediate effect. Consequently, the standing deposit facility (SDF) rate stands adjusted to 4.65 per cent and the marginal standing facility (MSF) rate and the Bank Rate to 5.15 per cent.
On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (June 8, 2022) decided to: Increase the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 4.90 per cent with immediate effect. Consequently, the standing deposit facility (SDF) rate stands adjusted to 4.65 per cent and the marginal standing facility (MSF) rate and the Bank Rate to 5.15 per cent.
জুন 08, 2022
Governor’s Statement
In my statement of May 4, 2022, I had mentioned that as we navigate through this difficult period, it is necessary to be sensitive to the new realities and incorporate them into our thinking. The war in Europe is lingering and we are facing newer challenges each passing day which is accentuating the existing supply chain disruptions. As a result, food, energy and commodity prices remain elevated. Countries across the world are facing inflation at decadal highs and per
In my statement of May 4, 2022, I had mentioned that as we navigate through this difficult period, it is necessary to be sensitive to the new realities and incorporate them into our thinking. The war in Europe is lingering and we are facing newer challenges each passing day which is accentuating the existing supply chain disruptions. As a result, food, energy and commodity prices remain elevated. Countries across the world are facing inflation at decadal highs and per
জুন 06, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Nagar Urban Co-operative Bank Ltd., Ahmednagar – Extension of Period
The Reserve Bank of India vide directive DoS.CO.SUCBs-West/S2399/12.22.159/2021-22 dated December 06, 2021 had placed Nagar Urban Co-operative Bank Ltd., Ahmednagar under Directions from the close of business on December 06, 2021 for a period of six months. The validity of the directions was till June 06, 2022. 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-section (1) of Section
The Reserve Bank of India vide directive DoS.CO.SUCBs-West/S2399/12.22.159/2021-22 dated December 06, 2021 had placed Nagar Urban Co-operative Bank Ltd., Ahmednagar under Directions from the close of business on December 06, 2021 for a period of six months. The validity of the directions was till June 06, 2022. 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-section (1) of Section
মে 27, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - Maratha Sahakari Bank Limited, Mumbai, Maharashtra – Extension of Period
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-4/12.22.141/2016-17 dated August 31, 2016, had placed Maratha Sahakari Bank Limited, Mumbai, Maharashtra under Directions from the close of business on August 31, 2016 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to May 31, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-4/12.22.141/2016-17 dated August 31, 2016, had placed Maratha Sahakari Bank Limited, Mumbai, Maharashtra under Directions from the close of business on August 31, 2016 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to May 31, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested
মে 27, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - Rupee Co-operative Bank Ltd., Pune, Maharashtra – Extension of Period
The Reserve Bank of India vide directive UBD.CO.BSD-I/D-28/12.22.2018/2012-13 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 May 31, 2022. 2. It is hereby notified for the information of the public that, Reserve Bank of India, in exercise of powers vested in it under sub-section (1
The Reserve Bank of India vide directive UBD.CO.BSD-I/D-28/12.22.2018/2012-13 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 May 31, 2022. 2. It is hereby notified for the information of the public that, Reserve Bank of India, in exercise of powers vested in it under sub-section (1
মে 18, 2022
Minutes of the Monetary Policy Committee Meeting, May 2 and 4, 2022
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The thirty fifth meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the Reserve Bank of India Act, 1934, was held during May 2 and 4, 2022 as an off-cycle meeting to reassess the evolving inflation-growth dynamics and the impact of the developments after its meeting of April 6-8, 2022. 2. The meeting was attended by all the members – Dr. Shashanka Bhide, Honorary Senior Advisor,
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The thirty fifth meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the Reserve Bank of India Act, 1934, was held during May 2 and 4, 2022 as an off-cycle meeting to reassess the evolving inflation-growth dynamics and the impact of the developments after its meeting of April 6-8, 2022. 2. The meeting was attended by all the members – Dr. Shashanka Bhide, Honorary Senior Advisor,
মে 04, 2022
Governor’s Statement
In my statement of April 8, 2022 I had referred to the tectonic shifts caused by the conflict in Europe which had created fresh challenges for global growth and the conduct of monetary policy. As the war draws on and sanctions and retaliatory actions intensify, shortages, volatility in commodity and financial markets, supply dislocations and, most alarmingly, persistent and spreading inflationary pressures are becoming more acute with every passing day. Debt distress
In my statement of April 8, 2022 I had referred to the tectonic shifts caused by the conflict in Europe which had created fresh challenges for global growth and the conduct of monetary policy. As the war draws on and sanctions and retaliatory actions intensify, shortages, volatility in commodity and financial markets, supply dislocations and, most alarmingly, persistent and spreading inflationary pressures are becoming more acute with every passing day. Debt distress
মে 04, 2022
Monetary Policy Statement, 2021-22 Resolution of the Monetary Policy Committee (MPC) May 2 and 4, 2022
On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (May 4, 2022) decided to: Increase the policy repo rate under the liquidity adjustment facility (LAF) by 40 basis points to 4.40 per cent with immediate effect. Consequently, the standing deposit facility (SDF) rate stands adjusted to 4.15 per cent and the marginal standing facility (MSF) rate and the Bank Rate to 4.65 per cent. T
On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (May 4, 2022) decided to: Increase the policy repo rate under the liquidity adjustment facility (LAF) by 40 basis points to 4.40 per cent with immediate effect. Consequently, the standing deposit facility (SDF) rate stands adjusted to 4.15 per cent and the marginal standing facility (MSF) rate and the Bank Rate to 4.65 per cent. T
এপ্রিল 30, 2022
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Kapol Co-operative Bank Ltd Mumbai, Maharashtra – Extension of Period
Reserve Bank of India vide directive DCBS.CO.BSD-I./D-9/12.22.111/2016-17 dated March 30, 2017 had placed The Kapol Cooperative Bank Ltd Mumbai, Maharashtra under Directions from the close of business on March 30, 2017 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to April 30, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in i
Reserve Bank of India vide directive DCBS.CO.BSD-I./D-9/12.22.111/2016-17 dated March 30, 2017 had placed The Kapol Cooperative Bank Ltd Mumbai, Maharashtra under Directions from the close of business on March 30, 2017 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to April 30, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in i
এপ্রিল 29, 2022
Report on Currency and Finance (RCF) for the year 2021-22
The Reserve Bank of India has released the Report on Currency and Finance (RCF) for the year 2021-22 today. The theme of the Report is “Revive and Reconstruct” in the context of nurturing a durable recovery post-COVID and raising trend growth in the medium-term. The Report reflects the views of the contributors and not of the Reserve Bank. Highlights The blueprint of reforms proposed in the Report revolves around seven wheels of economic progress viz., aggregate deman
The Reserve Bank of India has released the Report on Currency and Finance (RCF) for the year 2021-22 today. The theme of the Report is “Revive and Reconstruct” in the context of nurturing a durable recovery post-COVID and raising trend growth in the medium-term. The Report reflects the views of the contributors and not of the Reserve Bank. Highlights The blueprint of reforms proposed in the Report revolves around seven wheels of economic progress viz., aggregate deman
এপ্রিল 22, 2022
Minutes of the Monetary Policy Committee Meeting, April 6 to 8, 2022
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The thirty fourth meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the Reserve Bank of India Act, 1934, was held from April 6 to 8, 2022. 2. The meeting was attended by all the members – Dr. Shashanka Bhide, Honorary Senior Advisor, National Council of Applied Economic Research, Delhi; Dr. Ashima Goyal, Emeritus Professor, Indira Gandhi Institute of Development Research, Mumba
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The thirty fourth meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the Reserve Bank of India Act, 1934, was held from April 6 to 8, 2022. 2. The meeting was attended by all the members – Dr. Shashanka Bhide, Honorary Senior Advisor, National Council of Applied Economic Research, Delhi; Dr. Ashima Goyal, Emeritus Professor, Indira Gandhi Institute of Development Research, Mumba
এপ্রিল 08, 2022
Governor’s Statement: April 8, 2022
Two years ago in March 2020, we began a journey to fight the onslaught of COVID-19 on our economy with courage and determination. During the period thereafter, the Reserve Bank has successfully navigated its course through turbulent waters. While the pandemic has scarred our psyche and tested our resilience, we have responded with bold, unconventional and resolute measures to stabilise the economy through three waves of the pandemic. As the situation normalised, we ha
Two years ago in March 2020, we began a journey to fight the onslaught of COVID-19 on our economy with courage and determination. During the period thereafter, the Reserve Bank has successfully navigated its course through turbulent waters. While the pandemic has scarred our psyche and tested our resilience, we have responded with bold, unconventional and resolute measures to stabilise the economy through three waves of the pandemic. As the situation normalised, we ha
ফেব 24, 2022
Minutes of the Monetary Policy Committee Meeting, February 8 to 10, 2022
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The thirty third meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the Reserve Bank of India Act, 1934, was held from February 8 to 10, 2022. 2. The meeting was attended by all the members – Dr. Shashanka Bhide, Senior Advisor, National Council of Applied Economic Research, Delhi; Dr. Ashima Goyal, Emeritus Professor, Indira Gandhi Institute of Development Research, Mumbai; Pro
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The thirty third meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the Reserve Bank of India Act, 1934, was held from February 8 to 10, 2022. 2. The meeting was attended by all the members – Dr. Shashanka Bhide, Senior Advisor, National Council of Applied Economic Research, Delhi; Dr. Ashima Goyal, Emeritus Professor, Indira Gandhi Institute of Development Research, Mumbai; Pro
ফেব 10, 2022
Governor’s Statement: February 10, 2022
As I make this statement, the pandemic holds the global economy hostage once again. Despite signs of moderation, record numbers of daily infections in several countries and consequent containment measures are denting the pace of economic activity, especially in contact-intensive sectors, even as supply disruptions persist and restrained workforce participation tightens the labour markets. With inflation at multi-decadal highs in a number of countries, the evolving mac
As I make this statement, the pandemic holds the global economy hostage once again. Despite signs of moderation, record numbers of daily infections in several countries and consequent containment measures are denting the pace of economic activity, especially in contact-intensive sectors, even as supply disruptions persist and restrained workforce participation tightens the labour markets. With inflation at multi-decadal highs in a number of countries, the evolving mac
ফেব 10, 2022
Statement on Developmental and Regulatory Policies
This Statement sets out various developmental and regulatory policy measures relating to (i) liquidity measures; (ii) financial markets; (iii) payment and settlement systems and (iv) regulation and supervision. I. Liquidity Measures 1. Extension of Term Liquidity Facility of ₹50,000 crore to Emergency Health Services On May 5, 2021, an on-tap liquidity window of ₹50,000 crore at the repo rate with tenors of up to three years was announced to boost provision of immedia
This Statement sets out various developmental and regulatory policy measures relating to (i) liquidity measures; (ii) financial markets; (iii) payment and settlement systems and (iv) regulation and supervision. I. Liquidity Measures 1. Extension of Term Liquidity Facility of ₹50,000 crore to Emergency Health Services On May 5, 2021, an on-tap liquidity window of ₹50,000 crore at the repo rate with tenors of up to three years was announced to boost provision of immedia
রিজার্ভ ব্যাঙ্ক অফ ইন্ডিয়া মোবাইল অ্যাপ্লিকেশন ইনস্টল করুন এবং সাম্প্রতিক সংবাদগুলিতে দ্রুত অ্যাক্সেস পান!
পেজের শেষ আপডেট করা তারিখ: জুলাই 31, 2024
