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Jul 29, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - The Karmala Urban Co-operative Bank Ltd., Solapur
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2729/12-07-005/2022-2023 dated July 29, 2022, has issued certain Directions to The Karmala Urban Co-operative Bank Ltd., Solapur, whereby, as from the close of business on July
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2729/12-07-005/2022-2023 dated July 29, 2022, has issued certain Directions to The Karmala Urban Co-operative Bank Ltd., Solapur, whereby, as from the close of business on July
Jul 28, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Anjangaon Surji Nagari Sahakari Bank Ltd., Amravati
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2698/12-07-005/2022-2023 dated July 27, 2022, has issued certain Directions to Anjangaon Surji Nagari Sahakari Bank Ltd., Amravati (“the bank”), whereby, as from the close of b
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2698/12-07-005/2022-2023 dated July 27, 2022, has issued certain Directions to Anjangaon Surji Nagari Sahakari Bank Ltd., Amravati (“the bank”), whereby, as from the close of b
Jul 28, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Urban Co-operative Bank Limited, Sitapur
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. LKO.DOS.SED.No.S257/10-12-414/2022-2023 dated July 27, 2022, has issued certain Directions to Urban Co-operative Bank Limited, Sitapur (“the bank”), whereby, as from the close of business on
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. LKO.DOS.SED.No.S257/10-12-414/2022-2023 dated July 27, 2022, has issued certain Directions to Urban Co-operative Bank Limited, Sitapur (“the bank”), whereby, as from the close of business on
Jul 28, 2022
Directions under Section 35 A 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.)
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. LKO.DOS.SED.No.S256/10-03-556/2022-2023 dated July 27, 2022, has issued certain Directions to Lucknow Urban Co-operative Bank Limited, Lucknow (U.P.), whereby, as from the close of business o
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. LKO.DOS.SED.No.S256/10-03-556/2022-2023 dated July 27, 2022, has issued certain Directions to Lucknow Urban Co-operative Bank Limited, Lucknow (U.P.), whereby, as from the close of business o
Jul 27, 2022
Extension of validity of Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS) - Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P)
The Reserve Bank of India (RBI) has extended the directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P) for a period of three (03) months from July 28, 2022 to October 27, 2022, subject to review. The bank has been under direction since January 28, 2022 vide directive order DoS.CO.OCCD/185569/12.28.007/2021-22 dated January 28, 2022 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS). The validity of the d
The Reserve Bank of India (RBI) has extended the directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P) for a period of three (03) months from July 28, 2022 to October 27, 2022, subject to review. The bank has been under direction since January 28, 2022 vide directive order DoS.CO.OCCD/185569/12.28.007/2021-22 dated January 28, 2022 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS). The validity of the d
Jul 22, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Saibaba Janata Sahakari Bank Ltd., Latur
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2598/12-07-005/2022-2023 dated July 21, 2022, has issued certain Directions to Saibaba Janata Sahakari Bank Limited, Latur, whereby, as from the close of business on July 22, 2
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2598/12-07-005/2022-2023 dated July 21, 2022, has issued certain Directions to Saibaba Janata Sahakari Bank Limited, Latur, whereby, as from the close of business on July 22, 2
Jul 22, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - The Suri Friends’ Union Co-operative Bank Ltd., Suri (West Bengal)
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2574/12-07-005/2022-2023 dated July 21, 2022, has issued certain Directions to The Suri Friends’ Union Co-operative Bank Limited, Suri (West Bengal), whereby, as from the close
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2574/12-07-005/2022-2023 dated July 21, 2022, has issued certain Directions to The Suri Friends’ Union Co-operative Bank Limited, Suri (West Bengal), whereby, as from the close
Jul 22, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - United India Co-operative Bank Limited, Nagina, Bijnor
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2573/12-07-005/2022-2023 dated July 21, 2022, has issued certain Directions to United India Co-operative Bank Limited, Nagina, Bijnor, whereby, as from the close of business on
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2573/12-07-005/2022-2023 dated July 21, 2022, has issued certain Directions to United India Co-operative Bank Limited, Nagina, Bijnor, whereby, as from the close of business on
Jul 22, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - National Urban Co-operative Bank Ltd., Bahraich (U.P.)
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2575/12-07-005/2022-2023 dated July 21, 2022, has issued certain Directions to National Urban Co-operative Bank Limited, Bahraich (U.P.), whereby, as from the close of business
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2575/12-07-005/2022-2023 dated July 21, 2022, has issued certain Directions to National Urban Co-operative Bank Limited, Bahraich (U.P.), whereby, as from the close of business
Jul 19, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Nashik Zilla Girna Sahakari Bank Limited, Nashik
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DoS.DSD.No.S2470/12-07-005/2022-2023 dated July 15, 2022, has issued certain Directions to Nashik Zilla Girna Sahakari Bank Limited, Nashik, whereby, as from the close of business on July
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DoS.DSD.No.S2470/12-07-005/2022-2023 dated July 15, 2022, has issued certain Directions to Nashik Zilla Girna Sahakari Bank Limited, Nashik, whereby, as from the close of business on July
Jul 19, 2022
Directions under section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Sri Mallikarjuna Pattana Sahakari Bank Niyamita, Maski, Karnataka
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), the Reserve Bank of India (RBI) vide Directive Ref. No. BLR.DOS.SSMS.No.S558/13-03-225/2022-23 dated July 15, 2022, has issued certain Directions to Sri Mallikarjuna Pattana Sahakari Bank Niyamita, Maski, w
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), the Reserve Bank of India (RBI) vide Directive Ref. No. BLR.DOS.SSMS.No.S558/13-03-225/2022-23 dated July 15, 2022, has issued certain Directions to Sri Mallikarjuna Pattana Sahakari Bank Niyamita, Maski, w
Jul 19, 2022
Revised Regulatory Framework for Urban Co-operative Banks (UCBs)
The Reserve Bank of India had constituted the Expert Committee on Urban Co-operative Banks (the Committee) on February 15, 2021 under the Chairmanship of Shri N. S. Vishwanathan, former Deputy Governor, Reserve Bank to examine the issues in urban co-operative banking sector, provide a medium term road map, suggest measures for faster resolution of UCBs and recommend suitable regulatory/ supervisory changes for strengthening the sector by leveraging the recent amendmen
The Reserve Bank of India had constituted the Expert Committee on Urban Co-operative Banks (the Committee) on February 15, 2021 under the Chairmanship of Shri N. S. Vishwanathan, former Deputy Governor, Reserve Bank to examine the issues in urban co-operative banking sector, provide a medium term road map, suggest measures for faster resolution of UCBs and recommend suitable regulatory/ supervisory changes for strengthening the sector by leveraging the recent amendmen
Jul 18, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Raigad Sahakari Bank Limited, Mumbai
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DoS.DSD.No.S2469/12-07-005/2022-2023 dated July 15, 2022, has issued certain Directions to Raigad Sahakari Bank Limited, Mumbai, whereby, as from the close of business on July 18, 2022, th
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DoS.DSD.No.S2469/12-07-005/2022-2023 dated July 15, 2022, has issued certain Directions to Raigad Sahakari Bank Limited, Mumbai, whereby, as from the close of business on July 18, 2022, th
Jul 15, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - The City Co-operative Bank Limited, Mumbai - Extension of period
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-5/12.22.039/2017-18 dated April 17, 2018, had placed The City Co-operative Bank Ltd, Mumbai under Directions from the close of business on April 17, 2018. The validity of the directions was extended from time-to-time, the last being up to July 16, 2022. 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
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-5/12.22.039/2017-18 dated April 17, 2018, had placed The City Co-operative Bank Ltd, Mumbai under Directions from the close of business on April 17, 2018. The validity of the directions was extended from time-to-time, the last being up to July 16, 2022. 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
Jul 11, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - The Seva Vikas Cooperative Bank Ltd., Pune, Maharashtra - Extension of Period
The Reserve Bank of India, vide directive DoS.CO.NSUCBs-West/D-1/12.22.252/2021-22 dated October 12, 2021, had placed The Seva Vikas Cooperative Bank Ltd., Pune, Maharashtra under Directions from the close of business on October 12, 2021 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to July 12, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of
The Reserve Bank of India, vide directive DoS.CO.NSUCBs-West/D-1/12.22.252/2021-22 dated October 12, 2021, had placed The Seva Vikas Cooperative Bank Ltd., Pune, Maharashtra under Directions from the close of business on October 12, 2021 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to July 12, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of
Jul 08, 2022
Directions under section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Sangli Sahakari Bank Ltd., Mumbai
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.DSD.No.S2322/12-07-005/2022-23 dated July 07, 2022, has issued certain Directions to Sangli Sahakari Bank Ltd., Mumbai, whereby, as from the cl
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.DSD.No.S2322/12-07-005/2022-23 dated July 07, 2022, has issued certain Directions to Sangli Sahakari Bank Ltd., Mumbai, whereby, as from the cl
Jul 08, 2022
Directions under section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Sahebrao Deshmukh Co-operative Bank Ltd., Mumbai
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.DSD.No. S2323/12-07-005/2022-23 dated July 07, 2022, has issued certain Directions to Sahebrao Deshmukh Co-operative Bank Ltd., Mumbai, whereby
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.DSD.No. S2323/12-07-005/2022-23 dated July 07, 2022, has issued certain Directions to Sahebrao Deshmukh Co-operative Bank Ltd., Mumbai, whereby
Jul 08, 2022
Directions under section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Shri Sharada Mahila Co-operative Bank Limited, Tumkur, Karnataka
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), the Reserve Bank of India (RBI) vide Directive Ref. No. BLR.DOS.SSMS.No.S530/13-04-179/2022-23 dated July 07, 2022, has issued certain Directions to Shri Sharada Mahila Co-operative Bank Limited, Tumkur, wh
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), the Reserve Bank of India (RBI) vide Directive Ref. No. BLR.DOS.SSMS.No.S530/13-04-179/2022-23 dated July 07, 2022, has issued certain Directions to Shri Sharada Mahila Co-operative Bank Limited, Tumkur, wh
Jul 08, 2022
Directions under section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Ramgarhia Co-operative Bank Ltd., New Delhi
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), the Reserve Bank of India (RBI) vide Directive Ref. No. DEL.DOS.EXG_SSM.No.S515/12-10-013/2022-2023 dated July 07, 2022, has issued certain Directions to Ramgarhia Co-operative Bank Ltd., New Delhi, whereby
It is hereby notified for information of the public that 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 the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), the Reserve Bank of India (RBI) vide Directive Ref. No. DEL.DOS.EXG_SSM.No.S515/12-10-013/2022-2023 dated July 07, 2022, has issued certain Directions to Ramgarhia Co-operative Bank Ltd., New Delhi, whereby
Jul 07, 2022
Reserve Bank of India cancels the license of Shri Anand Co-operative Bank Ltd., Chinchwad, Pune
Today, the Reserve Bank of India (RBI), vide order dated July 01, 2022, has cancelled the license of “Shri Anand Co-operative Bank Ltd., Chinchwad, Pune”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on July 07, 2022. The Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserv
Today, the Reserve Bank of India (RBI), vide order dated July 01, 2022, has cancelled the license of “Shri Anand Co-operative Bank Ltd., Chinchwad, Pune”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on July 07, 2022. The Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserv

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