Press Releases - Regulating Co-operative Banking - RBI - Reserve Bank of India
Press Releases
Nov 21, 2014
Lokseva Sahakari Bank Ltd., Pune, Maharashtra under RBI Directions - Extension of validity period
The Reserve Bank of India has notified that the directions imposed on Lokseva Sahakari Bank Ltd., Pune, Maharashtra vide RBI directive dated May 19, 2014 shall continue to apply to the bank for a further period of six months from November 20, 2014 to May 19, 2015 vide directive dated November 12, 2014 subject to review. The other terms and conditions of the directive under reference shall remain unchanged. A copy of the directive dated November 12, 2014 is displayed a
The Reserve Bank of India has notified that the directions imposed on Lokseva Sahakari Bank Ltd., Pune, Maharashtra vide RBI directive dated May 19, 2014 shall continue to apply to the bank for a further period of six months from November 20, 2014 to May 19, 2015 vide directive dated November 12, 2014 subject to review. The other terms and conditions of the directive under reference shall remain unchanged. A copy of the directive dated November 12, 2014 is displayed a
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Nov 18, 2014
RBI extends Directions on Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal (M.P.)
The Reserve Bank of India has issued certain Directions to Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal (M.P.). The directions shall continue to apply for a further period of six months from October 09, 2014 to April 08, 2015, subject to review. According to the Reserve Bank’s directions, Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal (M.P.) cannot, from the close of business on April 09, 2010 and without prior approval of Reserve Bank of India in writing
The Reserve Bank of India has issued certain Directions to Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal (M.P.). The directions shall continue to apply for a further period of six months from October 09, 2014 to April 08, 2015, subject to review. According to the Reserve Bank’s directions, Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal (M.P.) cannot, from the close of business on April 09, 2010 and without prior approval of Reserve Bank of India in writing
Nov 18, 2014
RBI extends Directions on The Bhopal Nagrik Sahakari Bank Ltd., Bhopal
The Reserve Bank of India has issued certain Directions to The Bhopal Nagrik Sahakari Bank Ltd., Bhopal. The directions shall continue to apply for a further period of six months from November 01, 2014 to April 30, 2015, subject to review. According to the Reserve Bank’s directions, The Bhopal Nagrik Sahakari Bank Ltd., Bhopal cannot, from the close of business on October 31, 2012 and without prior approval of the Reserve Bank of India in writing grant or renew any lo
The Reserve Bank of India has issued certain Directions to The Bhopal Nagrik Sahakari Bank Ltd., Bhopal. The directions shall continue to apply for a further period of six months from November 01, 2014 to April 30, 2015, subject to review. According to the Reserve Bank’s directions, The Bhopal Nagrik Sahakari Bank Ltd., Bhopal cannot, from the close of business on October 31, 2012 and without prior approval of the Reserve Bank of India in writing grant or renew any lo
Nov 05, 2014
The C.K.P.Co-operative Bank Ltd., Mumbai, Maharashtra under RBI Directions - Extension of validity period
The Reserve Bank of India has notified that the directions imposed on The C.K.P.Co-operative Bank Ltd., Mumbai, Maharashtra, vide RBI directive dated April 30, 2014 shall continue to apply to the bank for a further period of three months from the close of business on November 1, 2014 vide modified directive dated October 21, 2014 subject to review. The other terms and conditions of the directive under reference shall remain unchanged. A copy of the directive dated Oct
The Reserve Bank of India has notified that the directions imposed on The C.K.P.Co-operative Bank Ltd., Mumbai, Maharashtra, vide RBI directive dated April 30, 2014 shall continue to apply to the bank for a further period of three months from the close of business on November 1, 2014 vide modified directive dated October 21, 2014 subject to review. The other terms and conditions of the directive under reference shall remain unchanged. A copy of the directive dated Oct
Oct 30, 2014
Reserve Bank of India cancels the Licence of The Baripada Urban Co-operative Bank Ltd., Baripada (Odisha)
In view of the fact that The Baripada Urban Co-operative Bank Ltd., Baripada (Odisha), had ceased to be solvent, all efforts to revive it had failed, and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India (RBI) delivered the order cancelling its licence to the bank and the same is effective from October 16, 2014. The Registrar of Co-operative Societies, Odisha has also been requested to issue an order for winding up the bank a
In view of the fact that The Baripada Urban Co-operative Bank Ltd., Baripada (Odisha), had ceased to be solvent, all efforts to revive it had failed, and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India (RBI) delivered the order cancelling its licence to the bank and the same is effective from October 16, 2014. The Registrar of Co-operative Societies, Odisha has also been requested to issue an order for winding up the bank a
Oct 28, 2014
RBI extends Directions on Baranagar Co-operative Bank Ltd., Baranagar, Kolkata
The Reserve Bank of India has extended Directions issued to Baranagar Co-operative Bank Ltd., Baranagar, Kolkata, West Bengal. The directions will continue to apply to the bank for a further period of three months from October 30, 2014 to January 29, 2015, subject to review. The Reserve Bank had initially placed the bank under directions for six months on July 30, 2013 due to its very precarious financial position and the validity of which was subsequently extended on
The Reserve Bank of India has extended Directions issued to Baranagar Co-operative Bank Ltd., Baranagar, Kolkata, West Bengal. The directions will continue to apply to the bank for a further period of three months from October 30, 2014 to January 29, 2015, subject to review. The Reserve Bank had initially placed the bank under directions for six months on July 30, 2013 due to its very precarious financial position and the validity of which was subsequently extended on
Oct 28, 2014
RBI extends Directions on The Panihati Co-operative Bank Ltd., Kolkata
The Reserve Bank of India has extended directions for a further period of six months from October 24, 2014 imposed on The Panihati Co-operative Bank Ltd., Panihati, Kolkata, West Bengal. The directions will continue to apply to the bank until April 23, 2015, subject to review. The Reserve Bank had first placed the bank under directions for six months on April 24, 2014 due to its very precarious financial position. According to the Reserve Bank’s directions, The Paniha
The Reserve Bank of India has extended directions for a further period of six months from October 24, 2014 imposed on The Panihati Co-operative Bank Ltd., Panihati, Kolkata, West Bengal. The directions will continue to apply to the bank until April 23, 2015, subject to review. The Reserve Bank had first placed the bank under directions for six months on April 24, 2014 due to its very precarious financial position. According to the Reserve Bank’s directions, The Paniha
Oct 22, 2014
RBI extends Directions on Amanath Co-operative Bank Ltd., Bangalore
The Reserve Bank of India has issued certain Directions to Amanath Co-operative Bank Ltd., Bangalore. The directive shall continue to apply for a further period of three months from October 05, 2014 to January 04, 2015, subject to review. According to the Directions, Amanath Co-operative Bank cannot, from the close of business on April 05, 2013 and without prior approval of the Reserve Bank in writing grant or renew any loans and advances, make any investment, incur a
The Reserve Bank of India has issued certain Directions to Amanath Co-operative Bank Ltd., Bangalore. The directive shall continue to apply for a further period of three months from October 05, 2014 to January 04, 2015, subject to review. According to the Directions, Amanath Co-operative Bank cannot, from the close of business on April 05, 2013 and without prior approval of the Reserve Bank in writing grant or renew any loans and advances, make any investment, incur a
Oct 20, 2014
Shree Ganesh Sahakari Bank Ltd., Nashik, Maharashtra under RBI Directions - Extension of validity period
The Reserve Bank of India has notified that the directions imposed on Shree Ganesh Sahakari Bank Ltd., Nashik, vide RBI directive dated April 01, 2013 the validity of which was extended up to September 30, 2014 shall continue to apply to the bank for a further period of six months from the close of business on September 30, 2014 vide directive dated September 17, 2014 subject to review. The other terms and conditions of the directive under reference shall remain uncha
The Reserve Bank of India has notified that the directions imposed on Shree Ganesh Sahakari Bank Ltd., Nashik, vide RBI directive dated April 01, 2013 the validity of which was extended up to September 30, 2014 shall continue to apply to the bank for a further period of six months from the close of business on September 30, 2014 vide directive dated September 17, 2014 subject to review. The other terms and conditions of the directive under reference shall remain uncha
Oct 09, 2014
RBI cancels the Licence of The Ajmer Urban Co-operative Bank Ltd., Ajmer (Rajasthan)
The Reserve Bank of India has, from the close of business as on September 19, 2014, cancelled the licence of the Ajmer Urban Co-operative Bank Ltd., Ajmer (Rajasthan) as it had ceased to be solvent, all efforts to revive it had failed and the depositors were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Rajasthan has also been requested to issue an order for winding up the bank and appoint a liquidator. On liquidation, every d
The Reserve Bank of India has, from the close of business as on September 19, 2014, cancelled the licence of the Ajmer Urban Co-operative Bank Ltd., Ajmer (Rajasthan) as it had ceased to be solvent, all efforts to revive it had failed and the depositors were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Rajasthan has also been requested to issue an order for winding up the bank and appoint a liquidator. On liquidation, every d
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