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সেপ্টেম্বর 14, 2015
RBI releases Primary (Urban) Co-operative Banks’ Outlook
The Reserve Bank of India today released the first volume of the annual publication titled ‘Primary (Urban) Co-operative Banks’ Outlook 2013-14’. It can be accessed at http://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications#!13. The publication has been brought out by the ‘Department of Co-operative Bank Supervision’ of the Reserve Bank of India. The publication covers the financial accounts of Scheduled and Non-Scheduled Primary (Urban) Co-operative Banks for the fina
The Reserve Bank of India today released the first volume of the annual publication titled ‘Primary (Urban) Co-operative Banks’ Outlook 2013-14’. It can be accessed at http://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications#!13. The publication has been brought out by the ‘Department of Co-operative Bank Supervision’ of the Reserve Bank of India. The publication covers the financial accounts of Scheduled and Non-Scheduled Primary (Urban) Co-operative Banks for the fina
সেপ্টেম্বর 10, 2015
RBI extends Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow, Uttar Pradesh till December 11, 2015
The Reserve Bank of India has extended the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow for a further period of three months from September 12, 2015 to December 11, 2015, subject to review. The bank has been under directions since June 12, 2014. According to the Directions, the Indian Mercantile Co-operative Bank Ltd., Lucknow cannot and without prior approval of the Reserve Bank in writing grant or renew any loans and advances, make any
The Reserve Bank of India has extended the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow for a further period of three months from September 12, 2015 to December 11, 2015, subject to review. The bank has been under directions since June 12, 2014. According to the Directions, the Indian Mercantile Co-operative Bank Ltd., Lucknow cannot and without prior approval of the Reserve Bank in writing grant or renew any loans and advances, make any
সেপ্টেম্বর 10, 2015
RBI further extends Directions issued to Shri Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, District - Pune, Maharashtra
Shri Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, District - Pune, Maharashtra was placed under directions for a period of six months vide directive UBD.CO.BSD-1 No./D-09/12.22.460/2014-15 dated September 10, 2014 from the close of business on September 12, 2014. The validity of the aforesaid directive was further extended for a period of six months vide directive dated March 04, 2015 from the close of business on March 11, 2015. It is hereby notified for
Shri Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, District - Pune, Maharashtra was placed under directions for a period of six months vide directive UBD.CO.BSD-1 No./D-09/12.22.460/2014-15 dated September 10, 2014 from the close of business on September 12, 2014. The validity of the aforesaid directive was further extended for a period of six months vide directive dated March 04, 2015 from the close of business on March 11, 2015. It is hereby notified for
সেপ্টেম্বর 09, 2015
RBI issues Directions to Shree Govardhansinghji Raghuvanshi Sahakari Bank Ltd., Nandurbar, Maharashtra
The Reserve Bank of India notified that in exercise of 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, the Reserve Bank of India has issued certain Directions to Shree Govardhansinghji Raghuvanshi Sahakari Bank Ltd., Nandurbar, Maharashtra, whereby, as from the close of business on September 9, 2015, the aforesaid bank shall
The Reserve Bank of India notified that in exercise of 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, the Reserve Bank of India has issued certain Directions to Shree Govardhansinghji Raghuvanshi Sahakari Bank Ltd., Nandurbar, Maharashtra, whereby, as from the close of business on September 9, 2015, the aforesaid bank shall
সেপ্টেম্বর 09, 2015
RBI issues Directions to Nashik Jilha Girna Sahakari Bank Ltd., Nashik, Maharashtra
The Reserve Bank of India notified that in exercise of 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, the Reserve Bank of India has issued certain Directions to Nashik Jilha Girna Sahakari Bank Ltd., Nashik, Maharashtra, whereby, as from the close of business on September 9, 2015, the aforesaid bank shall not, without prior
The Reserve Bank of India notified that in exercise of 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, the Reserve Bank of India has issued certain Directions to Nashik Jilha Girna Sahakari Bank Ltd., Nashik, Maharashtra, whereby, as from the close of business on September 9, 2015, the aforesaid bank shall not, without prior
সেপ্টেম্বর 09, 2015
RBI imposes Monetary Penalty on Sree Chaitanya Co-operative Bank Ltd., Nadia (West Bengal)
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000 (Rupees Fifty Thousand only) on Sree Chaitanya Co-operative Bank Ltd., Nadia (West Bengal), in exercise of 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 pertaining to non-publication/ non-submission of accounts and balance sheet. The Reserve Bank of India had issued a
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000 (Rupees Fifty Thousand only) on Sree Chaitanya Co-operative Bank Ltd., Nadia (West Bengal), in exercise of 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 pertaining to non-publication/ non-submission of accounts and balance sheet. The Reserve Bank of India had issued a
সেপ্টেম্বর 09, 2015
RBI issues Directions to The Vaish Co-operative Commercial Bank Ltd., New Delhi
The Reserve Bank of India is satisfied that in the interest of the public it is necessary to issue certain directions to The Vaish Co-operative Commercial Bank Ltd., New Delhi. 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 Vaish Co-operative Co
The Reserve Bank of India is satisfied that in the interest of the public it is necessary to issue certain directions to The Vaish Co-operative Commercial Bank Ltd., New Delhi. 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 Vaish Co-operative Co
সেপ্টেম্বর 03, 2015
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Choundeshwari Sahakari Bank Ltd, Ichalkaranji, Kolhapur
Choundeshwari Sahakari Bank Ltd, Ichalkaranji, Kolhapur, was placed under directions for a period of six months vide directive UBD.CO.BSD-I/D-07/12.22.044/2014-15 dated August 28, 2014 from the close of business on August 30, 2014. The validity of the aforesaid directive was further extended for a period of six months vide directive dated February 05, 2015 from March 01, 2015 to August 31, 2015. It is hereby notified for the information of the public that the period o
Choundeshwari Sahakari Bank Ltd, Ichalkaranji, Kolhapur, was placed under directions for a period of six months vide directive UBD.CO.BSD-I/D-07/12.22.044/2014-15 dated August 28, 2014 from the close of business on August 30, 2014. The validity of the aforesaid directive was further extended for a period of six months vide directive dated February 05, 2015 from March 01, 2015 to August 31, 2015. It is hereby notified for the information of the public that the period o
আগস্ট 28, 2015
RBI withdraws Directions issued to “The Janata Commercial Cooperative Bank Ltd., Khamgaon, Buldhana, Maharashtra”
The Reserve Bank of India has withdrawn the All Inclusive Directions issued on September 12, 2012 to “The Janata Commercial Cooperative Bank Ltd., Khamgaon (Buldhana), Maharashtra” with effect from the close of business as on August 26, 2015. The withdrawal of Directions is in exercise of powers vested in the Reserve Bank under sub section (2) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies). A copy of the Order is displayed
The Reserve Bank of India has withdrawn the All Inclusive Directions issued on September 12, 2012 to “The Janata Commercial Cooperative Bank Ltd., Khamgaon (Buldhana), Maharashtra” with effect from the close of business as on August 26, 2015. The withdrawal of Directions is in exercise of powers vested in the Reserve Bank under sub section (2) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies). A copy of the Order is displayed
আগস্ট 25, 2015
RBI imposes Monetary Penalty on Latur Urban Co-operative Bank Ltd., Latur
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five Lakh only) on Latur Urban Co-operative Bank Ltd., Latur in exercise of 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 Know Your Customer norms and RBI instructions. The Reserve Bank of India had issued a show cause notice to the bank, in response
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five Lakh only) on Latur Urban Co-operative Bank Ltd., Latur in exercise of 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 Know Your Customer norms and RBI instructions. The Reserve Bank of India had issued a show cause notice to the bank, in response

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