Press Releases - Regulating Co-operative Banking - આરબીઆઈ - Reserve Bank of India
પ્રેસ રિલીઝ
મે 02, 2020
Reserve Bank of India cancels the licence of The CKP Co-operative Bank Ltd., Mumbai
The Reserve Bank of India (RBI) has, vide Speaking Order No DOR.CO.AID/LC-02/12.22.035/2019-20 dated April 28, 2020 cancelled the licence of The CKP Co-operative Bank Ltd., Mumbai, to carry on banking business, with effect from the close of business on April 30, 2020. The Registrar of Co-operative Societies, Pune, Maharashtra, has also been requested to issue an order for winding up the affairs of The CKP Co-operative Bank Ltd., Mumbai and appoint a liquidator for the
The Reserve Bank of India (RBI) has, vide Speaking Order No DOR.CO.AID/LC-02/12.22.035/2019-20 dated April 28, 2020 cancelled the licence of The CKP Co-operative Bank Ltd., Mumbai, to carry on banking business, with effect from the close of business on April 30, 2020. The Registrar of Co-operative Societies, Pune, Maharashtra, has also been requested to issue an order for winding up the affairs of The CKP Co-operative Bank Ltd., Mumbai and appoint a liquidator for the
પીડીએફ (
મે 01, 2020
Directions issued to the Shivajirao Bhosale Sahakari Bank Ltd., Pune, Maharashtra - Extension of Period
The Reserve Bank of India (vide directive DCBS.CO.BSD-I/D-14/12.22.254/2018-19 dated May 03, 2019) had placed the Shivajirao Bhosale Sahakari Bank Ltd., Pune, under Directions from the close of business on May 04, 2019. 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 the said Act, hereby direct
The Reserve Bank of India (vide directive DCBS.CO.BSD-I/D-14/12.22.254/2018-19 dated May 03, 2019) had placed the Shivajirao Bhosale Sahakari Bank Ltd., Pune, under Directions from the close of business on May 04, 2019. 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 the said Act, hereby direct
એપ્રિલ 29, 2020
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - The Madgaum Urban Co-operative Bank Ltd., Margao, Goa - Extension of Period
The Madgaum Urban Co-operative Bank Ltd., Margao, Goa was placed under directions vide directive dated April 26, 2019 from the close of business on May 02, 2019 for a period of six months. The validity of the above directions were extended vide Directive dated October 30, 2019 up to May 02, 2020. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under Section 35 A read with Section 56 of the Ban
The Madgaum Urban Co-operative Bank Ltd., Margao, Goa was placed under directions vide directive dated April 26, 2019 from the close of business on May 02, 2019 for a period of six months. The validity of the above directions were extended vide Directive dated October 30, 2019 up to May 02, 2020. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under Section 35 A read with Section 56 of the Ban
એપ્રિલ 29, 2020
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - The Needs of Life Co-op. Bank Ltd., Mumbai, Maharashtra
The Needs of Life Co-op. Bank Ltd., Mumbai, Maharashtra, was placed under Directions from close of business on October 29, 2018 for a period of six months subject to review, vide Directive No. DCBS.CO.BSD-I/D-3/12.22.163/2018-19 dated October 26, 2018. The validity of the directions was extended last time vide Directive No. DCBR.CO.AID/No.D-31/12.22.160/2019-20 dated October 16, 2019 upto April 29, 2020, subject to review. 2. It is hereby notified for the information
The Needs of Life Co-op. Bank Ltd., Mumbai, Maharashtra, was placed under Directions from close of business on October 29, 2018 for a period of six months subject to review, vide Directive No. DCBS.CO.BSD-I/D-3/12.22.163/2018-19 dated October 26, 2018. The validity of the directions was extended last time vide Directive No. DCBR.CO.AID/No.D-31/12.22.160/2019-20 dated October 16, 2019 upto April 29, 2020, subject to review. 2. It is hereby notified for the information
એપ્રિલ 17, 2020
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949(AACS) - United Cooperative Bank Limited, Bagnan Station Road (North), P.O. - Bagnan, Dist- Howrah, West Bengal - Extension of Period
Reserve Bank of India, in public interest, had issued Directions to United Co-operative Bank Limited, Bagnan, West Bengal in exercise of its 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 July 18, 2018, as modified from time to time which was last extended upto April 18, 2020. Reserve Bank of India has now, in public interest, further extended the Directions for a
Reserve Bank of India, in public interest, had issued Directions to United Co-operative Bank Limited, Bagnan, West Bengal in exercise of its 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 July 18, 2018, as modified from time to time which was last extended upto April 18, 2020. Reserve Bank of India has now, in public interest, further extended the Directions for a
એપ્રિલ 17, 2020
Reserve Bank of India cancels the licence of The Mapusa Urban Co-operative Bank of Goa Ltd., Goa
The Reserve Bank of India (RBI) has, vide order dated April 16, 2020 cancelled the licence of The Mapusa Urban Co-operative Bank of Goa Ltd., Goa, to carry on banking business, with effect from the close of business on April 16, 2020. The Central Registrar of Co-operative Societies, Government of India has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Bank cancelled the licence of the bank as: The bank
The Reserve Bank of India (RBI) has, vide order dated April 16, 2020 cancelled the licence of The Mapusa Urban Co-operative Bank of Goa Ltd., Goa, to carry on banking business, with effect from the close of business on April 16, 2020. The Central Registrar of Co-operative Societies, Government of India has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Bank cancelled the licence of the bank as: The bank
એપ્રિલ 16, 2020
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Bhagyodaya Friends Urban Co-operative Bank Ltd., Warud, Distt. Amravati, Maharashtra - Extension of Period
Reserve Bank of India, in the public interest, had issued Directions to Bhagyodaya Friends Urban Co-operative Bank Ltd., Warud, Distt. Amravati, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A of the Banking Regulation Act, 1949 (AACS) read with Section 56 of the Banking Regulation Act, 1949 from the close of business on January 17, 2019. Reserve Bank of India has now further extended the Directions for a period of two months up to
Reserve Bank of India, in the public interest, had issued Directions to Bhagyodaya Friends Urban Co-operative Bank Ltd., Warud, Distt. Amravati, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A of the Banking Regulation Act, 1949 (AACS) read with Section 56 of the Banking Regulation Act, 1949 from the close of business on January 17, 2019. Reserve Bank of India has now further extended the Directions for a period of two months up to
એપ્રિલ 15, 2020
Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS) - Dr. Shivajirao Patil Nilangekar Urban Co-operative Bank Ltd., Nilanga, Distt. Latur, Maharashtra - Extension of Period
Reserve Bank of India, in the public interest, had issued directions to Dr. Shivajirao Patil Nilangekar Urban Co-operative Bank Ltd., Nilanga, Distt. Latur, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A of the Banking Regulation Act, 1949 (AACS) read with Section 56 of the Banking Regulation Act, 1949 from the close of business on February 16, 2019. Reserve Bank of India has now further extended the directions for a period of two
Reserve Bank of India, in the public interest, had issued directions to Dr. Shivajirao Patil Nilangekar Urban Co-operative Bank Ltd., Nilanga, Distt. Latur, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A of the Banking Regulation Act, 1949 (AACS) read with Section 56 of the Banking Regulation Act, 1949 from the close of business on February 16, 2019. Reserve Bank of India has now further extended the directions for a period of two
એપ્રિલ 15, 2020
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) - The City Co-operative Bank Ltd., Mumbai, Maharashtra- Extension of period
The City Co-operative Bank Ltd., Mumbai was placed under directions vide directive DCBS.CO.BSD-1/D-5/12.22.039/2017-18 dated April 17, 2018 from the close of business on April 17, 2018 for a period of six months. The validity of the above directions were extended from time to time, the last being vide Directive DCBR.CO.AID.No.D-27/12.22.039/2019-20 dated October 15, 2019 up to April 17, 2020. 2. It is hereby notified for the information of the public that, the Reserve
The City Co-operative Bank Ltd., Mumbai was placed under directions vide directive DCBS.CO.BSD-1/D-5/12.22.039/2017-18 dated April 17, 2018 from the close of business on April 17, 2018 for a period of six months. The validity of the above directions were extended from time to time, the last being vide Directive DCBR.CO.AID.No.D-27/12.22.039/2019-20 dated October 15, 2019 up to April 17, 2020. 2. It is hereby notified for the information of the public that, the Reserve
એપ્રિલ 08, 2020
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - The Mudhol Co-operative Bank Limited, Dist. Bagalkot, Karnataka - Extension of Period
The Reserve Bank of India had issued All Inclusive Directions to The Mudhol Co-operative Bank Limited, Mudhol, Dist. Bagalkot, Karnataka under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DCBS.CO.BSD III.D-11/12.23.094/2018-19 dated April 02, 2019, the validity of which was last extended vide Directive DCBR.CO.AID.No.D-22/12.23.094/2019-20 dated October 01, 2019 up to April 7, 2020. 2. The Reserve Bank of India is satisfied that
The Reserve Bank of India had issued All Inclusive Directions to The Mudhol Co-operative Bank Limited, Mudhol, Dist. Bagalkot, Karnataka under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DCBS.CO.BSD III.D-11/12.23.094/2018-19 dated April 02, 2019, the validity of which was last extended vide Directive DCBR.CO.AID.No.D-22/12.23.094/2019-20 dated October 01, 2019 up to April 7, 2020. 2. The Reserve Bank of India is satisfied that
એપ્રિલ 01, 2020
Directions under Section 35 A of Banking Regulation Act 1949 (AACS)- Hindu Cooperative Bank Limited, Pathankot, Punjab - Extension
Hindu Cooperative Bank Limited, Pathankot, Punjab was placed under All-Inclusive Directions in the public interest under sub-section (1) of Section 35 A of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies) read with Section 56 of the Banking Regulation Act, 1949 with effect from close of business on March 25, 2019 vide Directive DCBS.CO.BSD-IV/D-9/12.28.311/2018-19 dated March 13, 2019 (A). The Directions were partially modified vide Directive
Hindu Cooperative Bank Limited, Pathankot, Punjab was placed under All-Inclusive Directions in the public interest under sub-section (1) of Section 35 A of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies) read with Section 56 of the Banking Regulation Act, 1949 with effect from close of business on March 25, 2019 vide Directive DCBS.CO.BSD-IV/D-9/12.28.311/2018-19 dated March 13, 2019 (A). The Directions were partially modified vide Directive
માર્ચ 31, 2020
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Vasantdada Nagari Sahakari Bank Ltd, Osmanabad, Maharashtra - Extension of Period
Reserve Bank of India, in the public interest, had issued directions to Vasantdada Nagari Sahakari Bank Ltd, Osmanabad, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A of the Banking Regulation Act, 1949 (AACS) from the close of business on November 13, 2017. Reserve Bank of India has now further extended the directions for a period of two months from April 01, 2020 to May 31, 2020, subject to review. The Directions stipulate certa
Reserve Bank of India, in the public interest, had issued directions to Vasantdada Nagari Sahakari Bank Ltd, Osmanabad, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A of the Banking Regulation Act, 1949 (AACS) from the close of business on November 13, 2017. Reserve Bank of India has now further extended the directions for a period of two months from April 01, 2020 to May 31, 2020, subject to review. The Directions stipulate certa
માર્ચ 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
માર્ચ 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
માર્ચ 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
માર્ચ 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
માર્ચ 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
માર્ચ 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
માર્ચ 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
માર્ચ 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
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