Press Releases - Regulating Co-operative Banking - RBI - Reserve Bank of India
Press Releases
Mar 31, 2020
Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS) - The CKP Co-operative Bank Ltd, Mumbai, Maharashtra
The CKP Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions vide directive UBD.CO.BSD.I.No.D-34/12.22.035/2013-14 dated April 30, 2014, from close of business on May 2, 2014. The validity of the directions was extended from time to time vide subsequent Directives, the last being vide Directive DoR. CO.AID/No.D-52/12.22.035/2019-20 dated January 29, 2020 and is valid up to March 31, 2020 subject to review. 2. It is hereby notified for the informatio
The CKP Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions vide directive UBD.CO.BSD.I.No.D-34/12.22.035/2013-14 dated April 30, 2014, from close of business on May 2, 2014. The validity of the directions was extended from time to time vide subsequent Directives, the last being vide Directive DoR. CO.AID/No.D-52/12.22.035/2019-20 dated January 29, 2020 and is valid up to March 31, 2020 subject to review. 2. It is hereby notified for the informatio
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Mar 31, 2020
Directions issued to the Shivam Sahakari Bank Ltd., Ichalkaranji, Dist. - Kolhapur, Maharashtra - Extension of Period
The Reserve Bank of India (vide directive DCBS.CO.BSD-I/D-6/12.22.351/2017-18 dated May 18, 2018) had placed the Shivam Sahakari Bank Ltd., Ichalkaranji, Dist : Kolhapur, Maharashtra, under Directions from the close of business on May 19, 2018. 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 35 A of the Banking Regulation Act, 1949 read with Section 56 of th
The Reserve Bank of India (vide directive DCBS.CO.BSD-I/D-6/12.22.351/2017-18 dated May 18, 2018) had placed the Shivam Sahakari Bank Ltd., Ichalkaranji, Dist : Kolhapur, Maharashtra, under Directions from the close of business on May 19, 2018. 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 35 A of the Banking Regulation Act, 1949 read with Section 56 of th
Mar 26, 2020
Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS) - U. P. Civil Secretariat Primary Co- operative Bank Ltd., Lucknow
The Reserve Bank of India (RBI) has extended the Directions issued to the U. P. Civil Secretariat Primary Co-operative Bank Ltd., Lucknow for a further period of six months from March 26, 2020 to September 25, 2020, subject to review. The bank has been under directions since September 25, 2018 vide directive DCBS.CO.BSD-IV/D-1/12.28.029/2018-19 dated September 19, 2018 issued under sub-section (1) of Section 35 A of the Banking Regulation Act, 1949 (AACS). The validit
The Reserve Bank of India (RBI) has extended the Directions issued to the U. P. Civil Secretariat Primary Co-operative Bank Ltd., Lucknow for a further period of six months from March 26, 2020 to September 25, 2020, subject to review. The bank has been under directions since September 25, 2018 vide directive DCBS.CO.BSD-IV/D-1/12.28.029/2018-19 dated September 19, 2018 issued under sub-section (1) of Section 35 A of the Banking Regulation Act, 1949 (AACS). The validit
Mar 23, 2020
Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS) - Shri Anand Co-operative Bank Ltd. Chinchawad, Pune, Maharashtra
Shri Anand Co-operative Bank Ltd. Chinchawad, Pune, Maharashtra, was placed under directions from close of business on June 25, 2019, vide Directive No.DCBS.CO.BSD-I/D-16/12.22.474/2018-19 dated June 21, 2019, for a period of six months. The validity of the directions was extended up to March 24, 2020 vide our Directive DOR.CO.AID./No.D-44/12.22.474/2019-20 dated December 23, 2019. 2. It is hereby notified for the information of the public that, the Reserve Bank of In
Shri Anand Co-operative Bank Ltd. Chinchawad, Pune, Maharashtra, was placed under directions from close of business on June 25, 2019, vide Directive No.DCBS.CO.BSD-I/D-16/12.22.474/2018-19 dated June 21, 2019, for a period of six months. The validity of the directions was extended up to March 24, 2020 vide our Directive DOR.CO.AID./No.D-44/12.22.474/2019-20 dated December 23, 2019. 2. It is hereby notified for the information of the public that, the Reserve Bank of In
Mar 21, 2020
Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS) - Punjab and Maharashtra Cooperative Bank Limited, Mumbai, Maharashtra
Punjab and Maharashtra Cooperative Bank Limited, Mumbai, Maharashtra, a Multi-State Urban Cooperative Bank was placed under All-Inclusive Directions under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 with effect from close of business on September 23, 2019 vide Directive DCBS.CO.BSD-1/D-1/12.22.183/19-20 dated September 23, 2019, in the interest of depositor protection. The Directions were modified from time to time, the las
Punjab and Maharashtra Cooperative Bank Limited, Mumbai, Maharashtra, a Multi-State Urban Cooperative Bank was placed under All-Inclusive Directions under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 with effect from close of business on September 23, 2019 vide Directive DCBS.CO.BSD-1/D-1/12.22.183/19-20 dated September 23, 2019, in the interest of depositor protection. The Directions were modified from time to time, the las
Mar 19, 2020
Withdrawal of All Inclusive Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) - Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad
Reserve Bank of India had issued Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) to Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad, Telangana from the close of business on January 02, 2019. Directions imposed were extended and modified from time to time, last being extended up to April 02, 2020. Reserve Bank of India, on being satisfied that in the public interest it is necessary to
Reserve Bank of India had issued Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) to Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad, Telangana from the close of business on January 02, 2019. Directions imposed were extended and modified from time to time, last being extended up to April 02, 2020. Reserve Bank of India, on being satisfied that in the public interest it is necessary to
Mar 18, 2020
Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS) - Padmashri Dr. Vitthalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra - Extension of Period
Reserve Bank of India, in the public interest, had issued directions to Padmashri Dr. Vitthalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on May 19, 2018. Reserve Bank of India has now further extended the directions for a period of six months from March 18, 2020 to September 17, 2020, subjec
Reserve Bank of India, in the public interest, had issued directions to Padmashri Dr. Vitthalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on May 19, 2018. Reserve Bank of India has now further extended the directions for a period of six months from March 18, 2020 to September 17, 2020, subjec
Mar 09, 2020
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS)-The Karad Janata Sahakari Bank Ltd., Karad, Maharashtra - Extension of period
The Karad Janata Sahakari Bank Ltd., Karad was placed under directions vide directive DCBS.CO.BSD-1/D-4/12.22.126/2017-18 dated November 7, 2017 from the close of business on November 9, 2017 for a period of six months. The validity of the above directions was extended from time to time last being vide Directive DCBR.CO.AID/NoD-13/12.22.126/2018-19 dated September 05, 2019 up to March 09, 2020. 2. It is hereby notified for the information of the public that, the Reser
The Karad Janata Sahakari Bank Ltd., Karad was placed under directions vide directive DCBS.CO.BSD-1/D-4/12.22.126/2017-18 dated November 7, 2017 from the close of business on November 9, 2017 for a period of six months. The validity of the above directions was extended from time to time last being vide Directive DCBR.CO.AID/NoD-13/12.22.126/2018-19 dated September 05, 2019 up to March 09, 2020. 2. It is hereby notified for the information of the public that, the Reser
Mar 05, 2020
Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS) - The City Co-operative Bank Ltd, Mumbai, Maharashtra- Relaxation in withdrawal limit
The City Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions vide directive DCBS.CO.BSD-I/D-5/12.22.039/2017-18 dated April 17, 2018 from close of business April 17, 2018. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive DCBR.CO.AID.No.D-27/12.22.039/2019-20 dated October 15, 2019 extending the Directions up to April 17, 2020, subject to review. In terms of the existing directions, a
The City Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions vide directive DCBS.CO.BSD-I/D-5/12.22.039/2017-18 dated April 17, 2018 from close of business April 17, 2018. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive DCBR.CO.AID.No.D-27/12.22.039/2019-20 dated October 15, 2019 extending the Directions up to April 17, 2020, subject to review. In terms of the existing directions, a
Feb 28, 2020
Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS) - Rupee Co-operative Bank Ltd, Pune, Maharashtra
Rupee Co-operative Bank Ltd, Pune, Maharashtra, was placed under directions vide directive UBD.CO.BSD-I/D-28/12.22.218/2012-13 dated February 21, 2013 from close of business on February 22, 2013. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive DOR.AID/D-40/12.22.218/2019-20 dated November 20, 2019 and was valid up to February 29, 2020, subject to review. 2. It is hereby notified for the information of
Rupee Co-operative Bank Ltd, Pune, Maharashtra, was placed under directions vide directive UBD.CO.BSD-I/D-28/12.22.218/2012-13 dated February 21, 2013 from close of business on February 22, 2013. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive DOR.AID/D-40/12.22.218/2019-20 dated November 20, 2019 and was valid up to February 29, 2020, subject to review. 2. It is hereby notified for the information of
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