Press Releases - Regulating Co-operative Banking - આરબીઆઈ - Reserve Bank of India
પ્રેસ રિલીઝ
The Reserve Bank of India (RBI), vide order dated July 05, 2024, has cancelled the licence of “Shimsha Sahakara Bank Niyamitha, Maddur, Mandya District, Karnataka”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on July 05, 2024. The Registrar of Cooperative Societies, Karnataka has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank.
The Reserve Bank of India (RBI), vide order dated July 05, 2024, has cancelled the licence of “Shimsha Sahakara Bank Niyamitha, Maddur, Mandya District, Karnataka”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on July 05, 2024. The Registrar of Cooperative Societies, Karnataka has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank.
પીડીએફ (The Reserve Bank of India, vide directive DEL.DOS.EXG_SSM No. S515/12-10- 013/2022-23 dated July 07, 2022, had placed Ramgarhia Co-operative Bank Ltd, New Delhi – under Directions from the close of business on July 08, 2022, for a period of six months up to January 08, 2023, the validity of which was last extended up to close of business on July 08, 2024 vide directive DOR.MON.D-1/12.28.115/2024-25 dated April 04, 2024.
The Reserve Bank of India, vide directive DEL.DOS.EXG_SSM No. S515/12-10- 013/2022-23 dated July 07, 2022, had placed Ramgarhia Co-operative Bank Ltd, New Delhi – under Directions from the close of business on July 08, 2022, for a period of six months up to January 08, 2023, the validity of which was last extended up to close of business on July 08, 2024 vide directive DOR.MON.D-1/12.28.115/2024-25 dated April 04, 2024.
The Reserve Bank of India (RBI), vide order dated July 03, 2024, has cancelled the licence of “Banaras Merchantile Co-operative Bank Limited, Varanasi”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on July 04, 2024. The Commissioner for Cooperation and Registrar of Cooperative Societies, Uttar Pradesh has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank.
The Reserve Bank of India (RBI), vide order dated July 03, 2024, has cancelled the licence of “Banaras Merchantile Co-operative Bank Limited, Varanasi”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on July 04, 2024. The Commissioner for Cooperation and Registrar of Cooperative Societies, Uttar Pradesh has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank.
The Reserve Bank of India issued All Inclusive Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Colour Merchants Co-operative Bank Ltd., Ahmedabad vide Directive AMD.DOS.SSM.No.S1053/11-03-039/2023-2024 dated September 25, 2023, for a period of six months up to close of business on March 25, 2024, which was last extended up to June 25, 2024 vide Directive DOR.MON/D-141/12.21.039/2023-24 dated March 18, 2024.
The Reserve Bank of India issued All Inclusive Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Colour Merchants Co-operative Bank Ltd., Ahmedabad vide Directive AMD.DOS.SSM.No.S1053/11-03-039/2023-2024 dated September 25, 2023, for a period of six months up to close of business on March 25, 2024, which was last extended up to June 25, 2024 vide Directive DOR.MON/D-141/12.21.039/2023-24 dated March 18, 2024.
The Reserve Bank of India (RBI) today held a Conference of Directors on the Boards of select large Urban Cooperative Banks (UCBs) in Western Zone. The Governor, RBI inaugurated the Conference on the theme ‘Governance in UCBs - Driving Sustainable Growth and Stability’. Deputy Governor Shri Swaminathan J., along with Executive Directors representing the RBI’s Departments of Supervision, Regulation and Enforcement, and other senior officials, also participated in the Conference. Reserve Bank had previously held similar conferences with the Directors of UCBs at Mumbai, Hyderabad and Lucknow in August 2023, January 2024 and April 2024, respectively.
The Reserve Bank of India (RBI) today held a Conference of Directors on the Boards of select large Urban Cooperative Banks (UCBs) in Western Zone. The Governor, RBI inaugurated the Conference on the theme ‘Governance in UCBs - Driving Sustainable Growth and Stability’. Deputy Governor Shri Swaminathan J., along with Executive Directors representing the RBI’s Departments of Supervision, Regulation and Enforcement, and other senior officials, also participated in the Conference. Reserve Bank had previously held similar conferences with the Directors of UCBs at Mumbai, Hyderabad and Lucknow in August 2023, January 2024 and April 2024, respectively.
The Reserve Bank of India (RBI), vide order dated June 19, 2024, has cancelled the licence of “The City Co-operative Bank Ltd., Mumbai, Maharashtra.” Consequently, the bank ceases to carry on banking business, with effect from the close of business on June 19, 2024. 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 Reserve Bank of India (RBI), vide order dated June 19, 2024, has cancelled the licence of “The City Co-operative Bank Ltd., Mumbai, Maharashtra.” Consequently, the bank ceases to carry on banking business, with effect from the close of business on June 19, 2024. 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 Reserve Bank of India (RBI), vide order dated June 14, 2024, has cancelled the licence of “Purvanchal Co-operative Bank Ltd., Ghazipur, Uttar Pradesh.” Consequently, the bank ceases to carry on banking business, with effect from the close of business on June 15, 2024. The Commissioner for Cooperation and Registrar of Cooperative Societies, Uttar Pradesh has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank.
The Reserve Bank of India (RBI), vide order dated June 14, 2024, has cancelled the licence of “Purvanchal Co-operative Bank Ltd., Ghazipur, Uttar Pradesh.” Consequently, the bank ceases to carry on banking business, with effect from the close of business on June 15, 2024. The Commissioner for Cooperation and Registrar of Cooperative Societies, Uttar Pradesh has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank.
The Reserve Bank of India, vide directive CO.DOS.SED.No.S1918/12-22-283/2023-2024 dated June 13, 2023, had placed Sawantwadi Urban Co-operative Bank Ltd., Sawantwadi under Directions for a period of six months from the close of business on June 14, 2023. The validity of the directions was extended from time-to-time, the last being up to June 14, 2024.
The Reserve Bank of India, vide directive CO.DOS.SED.No.S1918/12-22-283/2023-2024 dated June 13, 2023, had placed Sawantwadi Urban Co-operative Bank Ltd., Sawantwadi under Directions for a period of six months from the close of business on June 14, 2023. The validity of the directions was extended from time-to-time, the last being up to June 14, 2024.
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S1932/12-23-065/2024-2025 dated June 12, 2024, has issued certain Directions to The Karwar Urban Co-operative Bank Ltd., Karwar, (the bank) whereby, as from the close of business on June 12, 2024, the bank shall not, without prior approval of RBI in writing, grant or renew any loans and advances, make any investment, incur any liability including borrowal of funds and acceptance of fresh deposits, disburse or agree to disburse any payment whether in discharge of its liabilities and obligations or otherwise, enter into any compromise or arrangement and sell, transfer or otherwise dispose of any of its properties or assets except as notified in the said RBI Direction dated June 12, 2024. Considering the bank's present liquidity position, the bank has been directed not to allow withdrawal of any amount from savings bank, current accounts or any other account of a depositor, but set off of loans against deposits is allowed, subject to the conditions stated in the above RBI Directions. The bank may incur expenditure in respect of certain essential items such as salaries of employees, rent, electricity bills, etc. as specified in the said Directions.
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S1932/12-23-065/2024-2025 dated June 12, 2024, has issued certain Directions to The Karwar Urban Co-operative Bank Ltd., Karwar, (the bank) whereby, as from the close of business on June 12, 2024, the bank shall not, without prior approval of RBI in writing, grant or renew any loans and advances, make any investment, incur any liability including borrowal of funds and acceptance of fresh deposits, disburse or agree to disburse any payment whether in discharge of its liabilities and obligations or otherwise, enter into any compromise or arrangement and sell, transfer or otherwise dispose of any of its properties or assets except as notified in the said RBI Direction dated June 12, 2024. Considering the bank's present liquidity position, the bank has been directed not to allow withdrawal of any amount from savings bank, current accounts or any other account of a depositor, but set off of loans against deposits is allowed, subject to the conditions stated in the above RBI Directions. The bank may incur expenditure in respect of certain essential items such as salaries of employees, rent, electricity bills, etc. as specified in the said Directions.
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S1931/12-23-001/2024-2025 dated June 12, 2024, has issued certain Directions to The Amanath Urban Co-operative Bank Ltd., Karwar, (the bank) whereby, as from the close of business on June 12, 2024, the bank shall not, without prior approval of RBI in writing, grant or renew any loans and advances, make any investment, incur any liability including borrowal of funds and acceptance of fresh deposits, disburse or agree to disburse any payment whether in discharge of its liabilities and obligations or otherwise, enter into any compromise or arrangement and sell, transfer or otherwise dispose of any of its properties or assets except as notified in the RBI Direction dated June 12, 2024. In particular, a sum not exceeding ₹60,000 (Rupees Sixty thousand only) of the total balance across all savings bank or current accounts or any other account of a depositor, may be allowed to be withdrawn subject to the conditions stated in the above RBI Directions. The bank may incur expenditure in respect of certain essential items such as salaries of employees, rent, electricity bills, etc. as specified in the said Directions.
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S1931/12-23-001/2024-2025 dated June 12, 2024, has issued certain Directions to The Amanath Urban Co-operative Bank Ltd., Karwar, (the bank) whereby, as from the close of business on June 12, 2024, the bank shall not, without prior approval of RBI in writing, grant or renew any loans and advances, make any investment, incur any liability including borrowal of funds and acceptance of fresh deposits, disburse or agree to disburse any payment whether in discharge of its liabilities and obligations or otherwise, enter into any compromise or arrangement and sell, transfer or otherwise dispose of any of its properties or assets except as notified in the RBI Direction dated June 12, 2024. In particular, a sum not exceeding ₹60,000 (Rupees Sixty thousand only) of the total balance across all savings bank or current accounts or any other account of a depositor, may be allowed to be withdrawn subject to the conditions stated in the above RBI Directions. The bank may incur expenditure in respect of certain essential items such as salaries of employees, rent, electricity bills, etc. as specified in the said Directions.
રિઝર્વ બેંક ઑફ ઇન્ડિયા મોબાઇલ એપ્લિકેશન ઇન્સ્ટૉલ કરો અને લેટેસ્ટ ન્યૂઝનો ઝડપી ઍક્સેસ મેળવો!
પેજની છેલ્લી અપડેટની તારીખ: નવેમ્બર 21, 2024
