Press Releases - Regulating Co-operative Banking - RBI - Reserve Bank of India
Press Releases
Aug 12, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Shankarrao Pujari Nutan Nagari Sahakari Bank Ltd., Ichalkaranji, Kolhapur – Extension of Period
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S782/12-07-005/2022-23 dated May 13, 2022, had placed Shankarrao Pujari Nutan Nagari Sahakari Bank Ltd., Ichalkaranji, Kolhapur under Directions from the close of business on May 13, 2022 for a period of six months, i.e., till November 12, 2022. The validity of the directions was extended from time-to-time, the last being up to August 12, 2023. 2. It is hereby notified for the information of the public that, the
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S782/12-07-005/2022-23 dated May 13, 2022, had placed Shankarrao Pujari Nutan Nagari Sahakari Bank Ltd., Ichalkaranji, Kolhapur under Directions from the close of business on May 13, 2022 for a period of six months, i.e., till November 12, 2022. The validity of the directions was extended from time-to-time, the last being up to August 12, 2023. 2. It is hereby notified for the information of the public that, the
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Aug 11, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949– Shankarrao Mohite-Patil Sahakari Bank Limited, Akluj, District- Solapur, Maharashtra – Extension of Period
The Reserve Bank of India issued Directions to Shankarrao Mohite Patil Sahakari Bank Ltd., Akluj under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive NGP.DOS.SSM 2.No.S1389/15-04-616/2022-23 dated February 23, 2023, for a period of six months up to August 24, 2023. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond August 24, 2023.
The Reserve Bank of India issued Directions to Shankarrao Mohite Patil Sahakari Bank Ltd., Akluj under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive NGP.DOS.SSM 2.No.S1389/15-04-616/2022-23 dated February 23, 2023, for a period of six months up to August 24, 2023. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond August 24, 2023.
Aug 10, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Shimsha Sahakara Bank Niyamitha, Maddur, - Extension of Period
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Shimsha Sahakara Bank Niyamitha, Maddur, Karnataka vide Directive BLR.DOS.SSMS.No.S2174/12-08-295/2022-23 dated February 23, 2023 for a period of six months up to August 24, 2023. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond August 24, 2023. 2.
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Shimsha Sahakara Bank Niyamitha, Maddur, Karnataka vide Directive BLR.DOS.SSMS.No.S2174/12-08-295/2022-23 dated February 23, 2023 for a period of six months up to August 24, 2023. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond August 24, 2023. 2.
Aug 04, 2023
Directions u/s 35A read with section 56 of the Banking Regulation Act, 1949 – Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru – Extension of Period
The Reserve Bank of India issued Directions to Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DOS.CO.UCB.BSD-III.D-2/12.23.283/2019-20 dated January 02, 2020, the validity of which was extended from time to time, last been vide Directive DOR.MON/D-22/12.23.283/2023-24 dated May 04, 2023 up to August 10, 2023. 2. The Reserve Bank of India is satisfied that in t
The Reserve Bank of India issued Directions to Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DOS.CO.UCB.BSD-III.D-2/12.23.283/2019-20 dated January 02, 2020, the validity of which was extended from time to time, last been vide Directive DOR.MON/D-22/12.23.283/2023-24 dated May 04, 2023 up to August 10, 2023. 2. The Reserve Bank of India is satisfied that in t
Aug 02, 2023
RBI approves the voluntary amalgamation of The Navanirman Co-operative Urban Bank Ltd., Hyderabad (Telangana) with Rajadhani Co-op. Urban Bank Ltd., Hyderabad (Telangana)
The Reserve Bank of India has sanctioned the Scheme of Amalgamation of The Navanirman Co-operative Urban Bank Ltd., Hyderabad, Telangana with Rajadhani Co-op. Urban Bank Ltd., Hyderabad, Telangana. The Scheme has been sanctioned in exercise of the powers conferred under Sub-Section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949. The Scheme will come into force with effect from August 03, 2023. The branch of The Navanirman Co-operative Urba
The Reserve Bank of India has sanctioned the Scheme of Amalgamation of The Navanirman Co-operative Urban Bank Ltd., Hyderabad, Telangana with Rajadhani Co-op. Urban Bank Ltd., Hyderabad, Telangana. The Scheme has been sanctioned in exercise of the powers conferred under Sub-Section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949. The Scheme will come into force with effect from August 03, 2023. The branch of The Navanirman Co-operative Urba
Jul 31, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – 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 July 31, 2023. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it
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 July 31, 2023. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it
Jul 28, 2023
Extension of validity of Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Urban Co-operative Bank Ltd., Sitapur (U.P)
The Reserve Bank of India, vide Directive LKO.DOS.SED.No. S257/10-12-414/2022-23 dated July 27, 2022, had placed the Urban Co-operative Bank Ltd., Sitapur (U.P) under Directions from the close of business on July 28, 2022. The validity of the Directions was extended from time-to-time, the last being up to July 28, 2023. 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) o
The Reserve Bank of India, vide Directive LKO.DOS.SED.No. S257/10-12-414/2022-23 dated July 27, 2022, had placed the Urban Co-operative Bank Ltd., Sitapur (U.P) under Directions from the close of business on July 28, 2022. The validity of the Directions was extended from time-to-time, the last being up to July 28, 2023. 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) o
Jul 28, 2023
Extension of validity of Directions under Section 35A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Lucknow Urban Co-operative Bank Ltd., Lucknow (U.P.)
The Reserve Bank of India (RBI) has extended the directions issued to the Lucknow Urban Co-operative Bank Ltd., Lucknow (U.P.) for a period of three (03) months from July 29, 2023 to October 28, 2023, subject to review. The bank has been under direction from the close of business of July 28, 2022 vide directive order LKO.DOS.SED.No.S256/10-03-556/2022-2023 dated July 27, 2022 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS). The
The Reserve Bank of India (RBI) has extended the directions issued to the Lucknow Urban Co-operative Bank Ltd., Lucknow (U.P.) for a period of three (03) months from July 29, 2023 to October 28, 2023, subject to review. The bank has been under direction from the close of business of July 28, 2022 vide directive order LKO.DOS.SED.No.S256/10-03-556/2022-2023 dated July 27, 2022 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS). The
Jul 28, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Karmala Urban Co-operative Bank Limited, Solapur, Maharashtra – Extension of Period
The Reserve Bank of India issued Directions to The Karmala Urban Co-operative Bank Limited, Solapur, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.SED.No.S2729/12-07-005/2022-2023 dated July 29, 2022, for a period of six months up to January 29, 2023, as modified from time to time which were extended up to July 29, 2023 vide Directive DOR.MON.No.D-19/12.22.130/2023-24 dated April 28, 2023. 2. The Reserve B
The Reserve Bank of India issued Directions to The Karmala Urban Co-operative Bank Limited, Solapur, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.SED.No.S2729/12-07-005/2022-2023 dated July 29, 2022, for a period of six months up to January 29, 2023, as modified from time to time which were extended up to July 29, 2023 vide Directive DOR.MON.No.D-19/12.22.130/2023-24 dated April 28, 2023. 2. The Reserve B
Jul 28, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Jaiprakash Narayan Nagari Sahakari Bank Ltd., Basmatnagar – Extension of Period
The Reserve Bank of India issued Directions to Jaiprakash Narayan Nagari Sahakari Bank Ltd., Basmatnagar under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.SED.No.S2723/12-07-005/2022-2023 dated July 28, 2022, for a period of six months up to January 29, 2023, as modified from time to time, which were last extended up to July 29, 2023 vide Directive DOR.MON.D-18/12.22.663/2023-24 dated April 27, 2023. 2. The Reserve Bank o
The Reserve Bank of India issued Directions to Jaiprakash Narayan Nagari Sahakari Bank Ltd., Basmatnagar under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.SED.No.S2723/12-07-005/2022-2023 dated July 28, 2022, for a period of six months up to January 29, 2023, as modified from time to time, which were last extended up to July 29, 2023 vide Directive DOR.MON.D-18/12.22.663/2023-24 dated April 27, 2023. 2. The Reserve Bank o
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