Press Releases - Regulating Co-operative Banking - આરબીઆઈ - Reserve Bank of India
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માર્ચ 09, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Dwarakadas Mantri Nagari Sahakari Bank. Ltd., Beed
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. DOS.CO.NSUCBs-West/D-4/S3706/12.07.005/2021-22 dated March 09, 2022, has issued certain Directions to Dwarakadas Mantri Nagari Sahakari Bank. Ltd., Beed., whereby, as from the close of busine
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. DOS.CO.NSUCBs-West/D-4/S3706/12.07.005/2021-22 dated March 09, 2022, has issued certain Directions to Dwarakadas Mantri Nagari Sahakari Bank. Ltd., Beed., whereby, as from the close of busine
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માર્ચ 09, 2022
Reserve Bank clarifies on the mode of receipt of complaints under Reserve Bank - Integrated Ombudsman Scheme 2021(RB-IOS)
Instances of misinformation being spread through certain sections of the social media about the Reserve Bank - Integrated Ombudsman Scheme 2021 (RB-IOS) have come to the notice of the RBI. These messages are conveying to public at large to lodge their complaints against entities regulated by RBI through third parties for a charge/fee or otherwise for early redress of grievances. It is clarified that RBI does not have any such arrangement with any entity for redress of
Instances of misinformation being spread through certain sections of the social media about the Reserve Bank - Integrated Ombudsman Scheme 2021 (RB-IOS) have come to the notice of the RBI. These messages are conveying to public at large to lodge their complaints against entities regulated by RBI through third parties for a charge/fee or otherwise for early redress of grievances. It is clarified that RBI does not have any such arrangement with any entity for redress of
માર્ચ 02, 2022
Reserve Bank of India cancels the licence of Sarjeraodada Naik Shirala Sahakari Bank Ltd, Shirala, Dist. Sangli, Maharashtra
Today, the Reserve Bank of India (RBI), vide order dated March 02, 2022, has cancelled the licence of Sarjeraodada Naik Shirala Sahakari Bank Ltd, Shirala, Dist. Sangli, Maharashtra. Consequently, the bank ceases to carry on banking business, with effect from the close of business on March 02, 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 liquid
Today, the Reserve Bank of India (RBI), vide order dated March 02, 2022, has cancelled the licence of Sarjeraodada Naik Shirala Sahakari Bank Ltd, Shirala, Dist. Sangli, Maharashtra. Consequently, the bank ceases to carry on banking business, with effect from the close of business on March 02, 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 liquid
ફેબ્રુ 28, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - Rupee Co-operative Bank Ltd., Pune, Maharashtra - Extension of Period
Reserve Bank of India vide directive UBD.CO.BSD-I/D-28/12.22.2018/2012-13 dated February 21, 2013 had placed the Rupee Co-operative Bank Ltd., Pune, Maharashtra under Directions from the close of business on February 22, 2013. The validity of the directions was extended from time-to-time, the last being up February 28, 2022. 2. It is hereby notified for the information of the public that, Reserve Bank of India, in exercise of powers vested in it under sub-section (1)
Reserve Bank of India vide directive UBD.CO.BSD-I/D-28/12.22.2018/2012-13 dated February 21, 2013 had placed the Rupee Co-operative Bank Ltd., Pune, Maharashtra under Directions from the close of business on February 22, 2013. The validity of the directions was extended from time-to-time, the last being up February 28, 2022. 2. It is hereby notified for the information of the public that, Reserve Bank of India, in exercise of powers vested in it under sub-section (1)
ફેબ્રુ 28, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - Maratha Sahakari Bank Limited, Mumbai, Maharashtra - Extension of Period
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-4/12.22.141/2016-17 dated August 31, 2016, had placed Maratha Sahakari Bank Limited, Mumbai, Maharashtra under Directions from the close of business on August 31, 2016 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to February 28, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers v
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-4/12.22.141/2016-17 dated August 31, 2016, had placed Maratha Sahakari Bank Limited, Mumbai, Maharashtra under Directions from the close of business on August 31, 2016 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to February 28, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers v
ફેબ્રુ 24, 2022
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Garha Co-operative Bank Ltd., Guna- Extension of period
The Reserve Bank of India, in the public interest, had issued directions to Garha Co-operative Bank Ltd., Guna, Madhya Pradesh 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 February 24, 2021. The validity of the directions was extended from time-to-time, the last being up to February 24, 2022. The Reserve Bank of India has now further extended the D
The Reserve Bank of India, in the public interest, had issued directions to Garha Co-operative Bank Ltd., Guna, Madhya Pradesh 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 February 24, 2021. The validity of the directions was extended from time-to-time, the last being up to February 24, 2022. The Reserve Bank of India has now further extended the D
ફેબ્રુ 23, 2022
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Shri Anand Co-operative Bank Limited, Chinchwad, Pune, Maharashtra - Extension of Period
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-16/12.22.474/2018-19 dated June 21, 2019, had placed Shri Anand Co-operative Bank Limited, Chinchwad, Pune, Maharashtra under Directions from the close of business on June 25, 2019 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to February 24, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercis
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-16/12.22.474/2018-19 dated June 21, 2019, had placed Shri Anand Co-operative Bank Limited, Chinchwad, Pune, Maharashtra under Directions from the close of business on June 25, 2019 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to February 24, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercis
ફેબ્રુ 20, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - Deccan Urban Co-operative Bank Limited, Vijayapura, Karnataka - Extension of period
The Reserve Bank of India issued Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 to Deccan Urban Co-operative Bank Limited, Vijayapura, Karnataka vide Directive DoS.CO.UCB-South/Dir.1/1849/10.01.023/2020-21 dated February 18, 2021, the validity of which was last extended up to February 19, 2022, vide Directive DOR.MON.D-29/12.23.042/2021-22 dated August 13, 2021. 2. The Reserve Bank of India is satisfied that in the public intere
The Reserve Bank of India issued Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 to Deccan Urban Co-operative Bank Limited, Vijayapura, Karnataka vide Directive DoS.CO.UCB-South/Dir.1/1849/10.01.023/2020-21 dated February 18, 2021, the validity of which was last extended up to February 19, 2022, vide Directive DOR.MON.D-29/12.23.042/2021-22 dated August 13, 2021. 2. The Reserve Bank of India is satisfied that in the public intere
ફેબ્રુ 16, 2022
Reserve Bank of India cancels the licence of Mantha Urban Cooperative Bank Ltd., Mantha, District: Jalna, Maharashtra
The Reserve Bank of India (RBI), vide order dated February 15, 2022, has cancelled the licence of Mantha Urban Cooperative Bank Ltd., Mantha, District: Jalna, Maharashtra. Consequently, the bank ceases to carry on banking business, with effect from the close of business on February 16, 2022. The Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra has been requested to issue an order for winding up the bank and appoint a liquidator for the
The Reserve Bank of India (RBI), vide order dated February 15, 2022, has cancelled the licence of Mantha Urban Cooperative Bank Ltd., Mantha, District: Jalna, Maharashtra. Consequently, the bank ceases to carry on banking business, with effect from the close of business on February 16, 2022. The Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra has been requested to issue an order for winding up the bank and appoint a liquidator for the
ફેબ્રુ 08, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - Millath Co-operative Bank Limited, Davangere, Karnataka - Extension of period
The Reserve Bank of India issued All Inclusive Directions to Millath Co-operative Bank Limited, Davangere, Karnataka under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DCBS.CO.BSD III.D-12/12.23.096/2018-19 dated April 26, 2019, as modified from time to time, which were last extended up to February 07, 2022 vide Directive DOR.MON.D-44/12.23.096/2021-22 dated November 02, 2021. 2. The Reserve Bank of India is satisfied that in th
The Reserve Bank of India issued All Inclusive Directions to Millath Co-operative Bank Limited, Davangere, Karnataka under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DCBS.CO.BSD III.D-12/12.23.096/2018-19 dated April 26, 2019, as modified from time to time, which were last extended up to February 07, 2022 vide Directive DOR.MON.D-44/12.23.096/2021-22 dated November 02, 2021. 2. The Reserve Bank of India is satisfied that in th
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