Press Releases - Regulating Co-operative Banking - RBI - Reserve Bank of India
Press Releases
Dec 11, 2008
Licence of Bhavnagar Mercantile Co-operative Bank Ltd., Bhavnagar - Cancelled
The Reserve Bank of India delivered the order cancelling the licence of Bhavnagar Mercantile Co-operative Bank Ltd. Bhavnagar, after the close of business on December 10, 2008. The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors of the bank were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an ord
The Reserve Bank of India delivered the order cancelling the licence of Bhavnagar Mercantile Co-operative Bank Ltd. Bhavnagar, after the close of business on December 10, 2008. The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors of the bank were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an ord
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Nov 21, 2008
Licence of Shree Vardhaman Co-operative Bank Ltd., Bhavnagar - Cancelled
The Reserve Bank of India delivered the order cancelling the licence of the Shree Vardhaman Co-operative Bank Ltd., Bhavnagar after the close of business on November 20, 2008.The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for winding
The Reserve Bank of India delivered the order cancelling the licence of the Shree Vardhaman Co-operative Bank Ltd., Bhavnagar after the close of business on November 20, 2008.The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for winding
Nov 20, 2008
Licence of The Ankleshwar Nagarik Sahakari Bank Ltd., Ankleshwar - Cancelled
The Reserve Bank of India delivered the order cancelling the licence of The Ankleshwar Nagarik Sahakari Bank Ltd., Ankleshwar, after the close of business on November 18, 2008. The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors of the bank were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an ord
The Reserve Bank of India delivered the order cancelling the licence of The Ankleshwar Nagarik Sahakari Bank Ltd., Ankleshwar, after the close of business on November 18, 2008. The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors of the bank were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an ord
Nov 11, 2008
Reserve Bank Cancels the Licence of The Achalpur Urban Co-operative Bank Ltd, Amravati, (Maharashtra)
In view of the fact that The Achalpur Urban Co-operative Bank Ltd, Amravati, (Maharashtra) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on November 4, 2008. The Registrar of Co-operative Societies, Maharash
In view of the fact that The Achalpur Urban Co-operative Bank Ltd, Amravati, (Maharashtra) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on November 4, 2008. The Registrar of Co-operative Societies, Maharash
Nov 07, 2008
Reserve Bank Cancels the Licence of Nutan Sahakari Bank Ltd., Vadodra
In view of the fact that Nutan Sahakari Bank Ltd., Vadodra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on November 05, 2008. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for
In view of the fact that Nutan Sahakari Bank Ltd., Vadodra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on November 05, 2008. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for
Oct 27, 2008
Licence of Shri S.K.Patil Co-operative Bank Ltd., Kurundwad - Cancelled
The Reserve Bank of India delivered the order cancelling the licence of the Shri S.K.Patil Co-operative Bank Ltd., Kurundwad, District Kolhapur, Maharashtra after the close of business on October 25, 2008. The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors of the bank were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies (RCS), Maharash
The Reserve Bank of India delivered the order cancelling the licence of the Shri S.K.Patil Co-operative Bank Ltd., Kurundwad, District Kolhapur, Maharashtra after the close of business on October 25, 2008. The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors of the bank were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies (RCS), Maharash
Oct 03, 2008
Licence application of The Bhadrak Co-op. Urban Bank Ltd. Bhadrak - Rejected
In view of the fact that The Bhadrak Co-op. Urban Bank Ltd, Bhadrak, Orissa 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 delivered the order rejecting its application for issue of licence to carry on banking business after the close of business on September 25, 2008. The Registrar of Co-operative Societies, Orissa has also been requested to issue an order
In view of the fact that The Bhadrak Co-op. Urban Bank Ltd, Bhadrak, Orissa 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 delivered the order rejecting its application for issue of licence to carry on banking business after the close of business on September 25, 2008. The Registrar of Co-operative Societies, Orissa has also been requested to issue an order
Sep 24, 2008
Licence of Rohe Ashtami Sahakari Urban Bank Ltd., Roha, Dist. Raigad Cancelled
The Reserve Bank of India cancelled the licence of The Rohe Ashtami Sahakari Urban Bank Ltd., Roha, Dist. Raigad, Maharashtra on September 9, 2008. The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies has also been requested to issue an order for winding up the bank and appoint a liqui
The Reserve Bank of India cancelled the licence of The Rohe Ashtami Sahakari Urban Bank Ltd., Roha, Dist. Raigad, Maharashtra on September 9, 2008. The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies has also been requested to issue an order for winding up the bank and appoint a liqui
Sep 17, 2008
Licence of Sant Janabai Nagari Sahakari Bank Ltd, Gangakhed, Parbhani Cancelled
The Reserve Bank of India cancelled the licence of Sant Janabai Nagari Sahakari Bank Ltd, Gangakhed, Parbhani, Maharashtra, on September 5, 2008. The bank had ceased to be solvent and all efforts to revive it in close consultation with the Government of Maharashtra, had failed and the depositors were being inconvenienced by continued uncertainty. The Commissioner for Co-operation and Registrar of Co-operative Societies, Maharashtra, has also been requisitioned to issu
The Reserve Bank of India cancelled the licence of Sant Janabai Nagari Sahakari Bank Ltd, Gangakhed, Parbhani, Maharashtra, on September 5, 2008. The bank had ceased to be solvent and all efforts to revive it in close consultation with the Government of Maharashtra, had failed and the depositors were being inconvenienced by continued uncertainty. The Commissioner for Co-operation and Registrar of Co-operative Societies, Maharashtra, has also been requisitioned to issu
Sep 12, 2008
Licence of Dyanopasak Urban Co-operative Bank Ltd., Parbhani Cancelled
The Reserve Bank of India cancelled the licence of Dyanopasak Urban Co-operative Bank Ltd., Parbhani, Maharashtra on August 12, 2008. The bank had ceased to be solvent and all efforts to revive it in close consultation with the Government of Maharashtra, had failed and the depositors were being inconvenienced by continued uncertainty. The Commissioner for Co-operation and Registrar of Co-operative Societies, Maharashtra, has also been requisitioned to issue an order f
The Reserve Bank of India cancelled the licence of Dyanopasak Urban Co-operative Bank Ltd., Parbhani, Maharashtra on August 12, 2008. The bank had ceased to be solvent and all efforts to revive it in close consultation with the Government of Maharashtra, had failed and the depositors were being inconvenienced by continued uncertainty. The Commissioner for Co-operation and Registrar of Co-operative Societies, Maharashtra, has also been requisitioned to issue an order f
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