Press Releases - Regulating Co-operative Banking - આરબીઆઈ - Reserve Bank of India
પ્રેસ રિલીઝ
નવે 29, 2018
RBI imposed penalty on Purvanchal Co-operative Bank Ltd., Ghazipur, Uttar Pradesh
The Reserve Bank of India has imposed a monetary penalty of ₹ 5,00,000/- (Rupees Five Lakh only) on Purvanchal Co-operative Bank Ltd., Ghazipur (U.P.) in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on Finance for Housing Schemes – UCBs, Extending loans and advances to Directors/their relatives
The Reserve Bank of India has imposed a monetary penalty of ₹ 5,00,000/- (Rupees Five Lakh only) on Purvanchal Co-operative Bank Ltd., Ghazipur (U.P.) in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on Finance for Housing Schemes – UCBs, Extending loans and advances to Directors/their relatives
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નવે 27, 2018
The Uravakonda Co-operative Town Bank Ltd., Uravakonda, Andhra Pradesh - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees Two lakh only) on The Uravakonda Co-operative Town Bank Ltd., Uravakonda, Andhra Pradesh, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of The Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of KYC direction, non-submission of returns and non- submission/ wrong submission of compliance repor
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees Two lakh only) on The Uravakonda Co-operative Town Bank Ltd., Uravakonda, Andhra Pradesh, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of The Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of KYC direction, non-submission of returns and non- submission/ wrong submission of compliance repor
નવે 27, 2018
The Nellore Co-operative Urban Bank Ltd., Nellore, Andhra Pradesh - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees Two lakh only) on The Nellore Co-operative Urban Bank Ltd., Nellore, Andhra Pradesh, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of supervisory restrictions imposed on the bank under revised Supervisory Action Framework (SAF) by Reserv
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees Two lakh only) on The Nellore Co-operative Urban Bank Ltd., Nellore, Andhra Pradesh, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of supervisory restrictions imposed on the bank under revised Supervisory Action Framework (SAF) by Reserv
નવે 27, 2018
Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad, Telangana - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees Two lakh only) on Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad, Telangana, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of Reserve Bank of India directions issued under Section 35A of the Banking Regulation Act, 1949 (As Applica
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees Two lakh only) on Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad, Telangana, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of Reserve Bank of India directions issued under Section 35A of the Banking Regulation Act, 1949 (As Applica
નવે 27, 2018
The Kuppam Co-operative Town Bank Ltd., Kuppam, Andhra Pradesh - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five lakh only) on The Kuppam Co-operative Town Bank Ltd.,Kuppam, Andhra Pradesh in exercise of the powers vested in it under the provisions of Section 47A (1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violations of Reserve Bank of India directions issued under Section 35A of the Banking Regulation Act, 1949 (As Applicable
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five lakh only) on The Kuppam Co-operative Town Bank Ltd.,Kuppam, Andhra Pradesh in exercise of the powers vested in it under the provisions of Section 47A (1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violations of Reserve Bank of India directions issued under Section 35A of the Banking Regulation Act, 1949 (As Applicable
નવે 20, 2018
Directions under Section 35A 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 35A 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 November 19, 2018 to May 18, 2019. A copy of
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 35A 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 November 19, 2018 to May 18, 2019. A copy of
નવે 15, 2018
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. 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 s
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. 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 s
નવે 09, 2018
RBI issues Directions to The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala
The Reserve Bank of India (vide directive DCBS.CO.PCC D-4/12.26.004/2018-19 dated November 02, 2018) has placed the The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala under Directions. According to the Directions, depositors will be allowed to withdraw a sum not exceeding ₹ 2000 (Rupees Two Thousand only) of the total balance held in every savings bank or current account or any other deposit account by whatever name called, subject to conditions stipulated in the RB
The Reserve Bank of India (vide directive DCBS.CO.PCC D-4/12.26.004/2018-19 dated November 02, 2018) has placed the The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala under Directions. According to the Directions, depositors will be allowed to withdraw a sum not exceeding ₹ 2000 (Rupees Two Thousand only) of the total balance held in every savings bank or current account or any other deposit account by whatever name called, subject to conditions stipulated in the RB
નવે 09, 2018
Directions under section 35A of the Banking Regulation Act, 1949 (AACS) - Sikar Urban Co-operative Bank Ltd; Sikar (Rajasthan)
It is hereby notified for the information of the public that in exercise of powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS) read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) has issued certain Directions to Sikar Urban Co-operative Bank Ltd., Sikar whereby as from the close of business on November 9, 2018, the aforesaid bank shall not, without prior approval in writing from RBI
It is hereby notified for the information of the public that in exercise of powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS) read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) has issued certain Directions to Sikar Urban Co-operative Bank Ltd., Sikar whereby as from the close of business on November 9, 2018, the aforesaid bank shall not, without prior approval in writing from RBI
નવે 05, 2018
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 35A 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 four months from November 14, 2018 to March 13, 2019. The Directions stipulate certain restriction
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 35A 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 four months from November 14, 2018 to March 13, 2019. The Directions stipulate certain restriction
નવે 05, 2018
Directions u/s 35A of the Banking Regulation Act, 1949 (AACS) - Gomati Nagariya Sahakari Bank Ltd., Jaunpur (Uttar Pradesh) - Extension of period
The Reserve Bank of India (RBI) has extended the Directions issued to the Gomati Nagariya Sahakari Bank Ltd., Jaunpur (Uttar Pradesh) for a further period of six months from November 11, 2018 to May 10, 2019, subject to review. The bank has been under directions u/s 35A of the Banking Regulation Act, 1949 (AACS) vide Directive dated July 03, 2017 w.e.f. close of business as on July 10, 2017. The aforesaid directive was modified / its validity was extended vide RBI dir
The Reserve Bank of India (RBI) has extended the Directions issued to the Gomati Nagariya Sahakari Bank Ltd., Jaunpur (Uttar Pradesh) for a further period of six months from November 11, 2018 to May 10, 2019, subject to review. The bank has been under directions u/s 35A of the Banking Regulation Act, 1949 (AACS) vide Directive dated July 03, 2017 w.e.f. close of business as on July 10, 2017. The aforesaid directive was modified / its validity was extended vide RBI dir
નવે 02, 2018
Directions under Section 35A 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-I/D-4/12.22.126/2017-18 dated November 07, 2017 from the close of business on November 09, 2017 for a period of six months. The validity of the above directions were extended by further six months i.e. up to November 09, 2018 vide directive DCBR.CO.AID/No.D-40/12.22.126/2017-18 dated May 03, 2018. It is hereby notified for the information of the public that, the Reserve B
The Karad Janata Sahakari Bank Ltd., Karad was placed under directions vide directive DCBS.CO.BSD-I/D-4/12.22.126/2017-18 dated November 07, 2017 from the close of business on November 09, 2017 for a period of six months. The validity of the above directions were extended by further six months i.e. up to November 09, 2018 vide directive DCBR.CO.AID/No.D-40/12.22.126/2017-18 dated May 03, 2018. It is hereby notified for the information of the public that, the Reserve B
ઑક્ટો 31, 2018
RBI imposes monetary penalty on Dr. Ambedkar Nagrik Sahakari Bank Maryadit, Gwalior, Madhya Pradesh
The Reserve Bank of India has imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on the Dr. Ambedkar Nagrik Sahakari Bank Maryadit, Gwalior, Madhya Pradesh in exercise of the powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violation of the provisions of Section 27 of Banking Regulation Act, 1949 (As Applicable to Co-operative Societ
The Reserve Bank of India has imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on the Dr. Ambedkar Nagrik Sahakari Bank Maryadit, Gwalior, Madhya Pradesh in exercise of the powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violation of the provisions of Section 27 of Banking Regulation Act, 1949 (As Applicable to Co-operative Societ
ઑક્ટો 29, 2018
RBI issues Directions to The Needs of Life Co-operative Bank Ltd. Mumbai, Maharashtra
The Reserve Bank of India (vide directive DCBS.CO.BSD-I/D-3/12.22.163/2018-19 dated October 26, 2018) has placed the The Needs of Life Co-operative Bank Ltd. Mumbai, Maharashtra, under Directions. According to the Directions, depositors will be allowed to withdraw a sum not exceeding ₹1000 (Rupees One Thousand only) of the total balance held in every saving bank or current account or any other deposit account by whatever name called, subject to conditions stipulated i
The Reserve Bank of India (vide directive DCBS.CO.BSD-I/D-3/12.22.163/2018-19 dated October 26, 2018) has placed the The Needs of Life Co-operative Bank Ltd. Mumbai, Maharashtra, under Directions. According to the Directions, depositors will be allowed to withdraw a sum not exceeding ₹1000 (Rupees One Thousand only) of the total balance held in every saving bank or current account or any other deposit account by whatever name called, subject to conditions stipulated i
ઑક્ટો 25, 2018
Mandya City Co-operative Bank Ltd., Mandya, Karnataka - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000/- (Rupees fifty thousand only) on Mandya City Co-operative Bank Ltd., Mandya, in exercise of the powers vested in it under the provisions of Section 47A read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violating RBI directives/guidelines by sanctioning loans to the relative of one of the sitting directors of the bank. The Reserve Bank of India
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000/- (Rupees fifty thousand only) on Mandya City Co-operative Bank Ltd., Mandya, in exercise of the powers vested in it under the provisions of Section 47A read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violating RBI directives/guidelines by sanctioning loans to the relative of one of the sitting directors of the bank. The Reserve Bank of India
ઑક્ટો 17, 2018
Directions under Section 35A 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 dated April 17, 2018 from the close of business on April 17, 2018 for a period of six months. 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 35A read with Section 56 of the Banking Regulation Act, 1949 (as applicable to Co-operative Societies), hereby directs that the Directive
The City Co-operative Bank Ltd., Mumbai was placed under directions vide directive dated April 17, 2018 from the close of business on April 17, 2018 for a period of six months. 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 35A read with Section 56 of the Banking Regulation Act, 1949 (as applicable to Co-operative Societies), hereby directs that the Directive
ઑક્ટો 17, 2018
Urban Co-operative Bank Ltd., Basti (U.P.) - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 10,00,000/- (Rupees Ten Lakh only) on Urban Co-operative Bank Ltd., Basti (U.P.) in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on Opening of on-site ATM without prior permission from RBI, Exposure Norms and Statutory/ Other Restric
The Reserve Bank of India has imposed a monetary penalty of ₹ 10,00,000/- (Rupees Ten Lakh only) on Urban Co-operative Bank Ltd., Basti (U.P.) in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on Opening of on-site ATM without prior permission from RBI, Exposure Norms and Statutory/ Other Restric
ઑક્ટો 17, 2018
National Urban Co-operative Bank Limited, New Delhi - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees two lakh only) on National Urban Co-operative Bank Limited, New Delhi in exercise of powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violations of the instructions / guidelines of the Reserve Bank of India relating to unsecured personal loans and KYC deficiencies. The
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees two lakh only) on National Urban Co-operative Bank Limited, New Delhi in exercise of powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violations of the instructions / guidelines of the Reserve Bank of India relating to unsecured personal loans and KYC deficiencies. The
ઑક્ટો 11, 2018
Hardoi Zila Sahakari Bank Ltd., Hardoi, Uttar Pradesh - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹1,00,000/- (Rupees one lakh only) on Hardoi Zila Sahakari Bank Ltd., Hardoi, Uttar Pradesh in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on restriction on holding shares in other co-operative societies u/s 19 of the Act, ibid and No
The Reserve Bank of India has imposed a monetary penalty of ₹1,00,000/- (Rupees one lakh only) on Hardoi Zila Sahakari Bank Ltd., Hardoi, Uttar Pradesh in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on restriction on holding shares in other co-operative societies u/s 19 of the Act, ibid and No
ઑક્ટો 10, 2018
Mathura Zila Sahkari Bank Ltd., Mathura, Uttar Pradesh - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000/- (Rupees fifty thousand only) on Mathura Zila Sahkari Bank Ltd., Mathura, Uttar Pradesh in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on restriction on holding shares in other co-operative societies u/s 19 of the Act, ibid.
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000/- (Rupees fifty thousand only) on Mathura Zila Sahkari Bank Ltd., Mathura, Uttar Pradesh in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on restriction on holding shares in other co-operative societies u/s 19 of the Act, ibid.
ઑક્ટો 09, 2018
Reserve Bank of India imposes monetary penalty on Indian Mercantile Co-operative Bank Limited
The Reserve Bank of India (RBI) has imposed, by an order dated September 26, 2018, a monetary penalty of ₹ 2 million on Indian Mercantile Co-operative Bank Limited (the bank) for contravention of the All Inclusive Directions (AIDs) issued to the bank and for non-compliance with RBI guidelines on classification and reporting of frauds. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i)
The Reserve Bank of India (RBI) has imposed, by an order dated September 26, 2018, a monetary penalty of ₹ 2 million on Indian Mercantile Co-operative Bank Limited (the bank) for contravention of the All Inclusive Directions (AIDs) issued to the bank and for non-compliance with RBI guidelines on classification and reporting of frauds. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i)
ઑક્ટો 09, 2018
Sir M Vishvesvaraya Co-operative Bank Ltd., Bengaluru, Karnataka - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees five lakhs only) on Sir M Vishvesvaraya Co-operative Bank Ltd., Bengaluru, in exercise of the powers vested in it under the provisions of Section 47 A (1) (c) read with Section 46 (4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) for granting housing loans of more than ₹ 70.00 lakhs per beneficiary violating directives contained in para 2 of RBI Circular No.
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees five lakhs only) on Sir M Vishvesvaraya Co-operative Bank Ltd., Bengaluru, in exercise of the powers vested in it under the provisions of Section 47 A (1) (c) read with Section 46 (4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) for granting housing loans of more than ₹ 70.00 lakhs per beneficiary violating directives contained in para 2 of RBI Circular No.
ઑક્ટો 09, 2018
Reserve Bank of India cancels the licence of Navodaya Urban Co-operative Bank Ltd., Nagpur, Maharashtra
The Reserve Bank of India (RBI) has, vide order dated October 4, 2018 cancelled the licence of Navodaya Urban Co-operative Bank Ltd., Nagpur, Maharashtra to carry on banking business, with effect from the close of business on October 08, 2018. 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 cancelled the licence
The Reserve Bank of India (RBI) has, vide order dated October 4, 2018 cancelled the licence of Navodaya Urban Co-operative Bank Ltd., Nagpur, Maharashtra to carry on banking business, with effect from the close of business on October 08, 2018. 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 cancelled the licence
ઑક્ટો 05, 2018
RBI extends Directions to The Vaish Co-operative Commercial Bank Ltd., New Delhi
The Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), hereby directs that the Directive dated August 28, 2015 issued to The Vaish Co-operative Commercial Bank Ltd., New Delhi, as modified from time to time, the validity of which was extended upto October 08, 2018, shall continue to apply to the bank for a further period of fo
The Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), hereby directs that the Directive dated August 28, 2015 issued to The Vaish Co-operative Commercial Bank Ltd., New Delhi, as modified from time to time, the validity of which was extended upto October 08, 2018, shall continue to apply to the bank for a further period of fo
ઑક્ટો 05, 2018
RBI imposes penalty on The Navanirman Co-operative Urban Bank Ltd., Hyderabad Telangana
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000/- (Rupees Fifty Thousand only) on The Navanirman Co-operative Urban Bank Ltd., Hyderabad Telangana, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of The Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of Reserve Bank of India directives/instructions/guidelines on Exposure Norms and Statutory/Other Rest
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000/- (Rupees Fifty Thousand only) on The Navanirman Co-operative Urban Bank Ltd., Hyderabad Telangana, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of The Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of Reserve Bank of India directives/instructions/guidelines on Exposure Norms and Statutory/Other Rest
ઑક્ટો 05, 2018
The Ananthapuramu Co-operative Urban Bank Ltd., Ananthapuramu, Andhra Pradesh - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000/- (Rupees Fifty Thousand only) on The Ananthapuramu Co-operative Urban Bank Ltd., Ananthapuramu, Andhra Pradesh, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of The Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of Reserve Bank of India directives/instructions/guidelines on Exposure Norms and Statuto
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000/- (Rupees Fifty Thousand only) on The Ananthapuramu Co-operative Urban Bank Ltd., Ananthapuramu, Andhra Pradesh, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of The Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of Reserve Bank of India directives/instructions/guidelines on Exposure Norms and Statuto
ઑક્ટો 04, 2018
The Bijnor Urban Co-operative Bank Ltd., Bijnor - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 10,00,000/- (₹ Ten lakh only) on The Bijnor Urban Co-operative Bank Ltd., Bijnor in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for continuous non-submission of the returns u/s 27 of the Act ibid. The Reserve Bank of India had issued a show cause notice to the bank, in respons
The Reserve Bank of India has imposed a monetary penalty of ₹ 10,00,000/- (₹ Ten lakh only) on The Bijnor Urban Co-operative Bank Ltd., Bijnor in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for continuous non-submission of the returns u/s 27 of the Act ibid. The Reserve Bank of India had issued a show cause notice to the bank, in respons
ઑક્ટો 03, 2018
RBI Directions issued to Shri Ganesh Sahakri Bank Ltd, Nashik, Maharashtra further extended upto December 29, 2018
The Reserve Bank of India (vide directive DCBR.CO.AID/D-13/12..22.435/2018-19 dated September 27, 2018) has extended the Directions earlier issued to Shri Ganesh Sahakari Bank Ltd, Nashik for a further period of three months. The Directions are now valid up to December 29, 2018, subject to review. The Directions were imposed in exercise of powers vested in the Reserve Bank under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). A copy of the D
The Reserve Bank of India (vide directive DCBR.CO.AID/D-13/12..22.435/2018-19 dated September 27, 2018) has extended the Directions earlier issued to Shri Ganesh Sahakari Bank Ltd, Nashik for a further period of three months. The Directions are now valid up to December 29, 2018, subject to review. The Directions were imposed in exercise of powers vested in the Reserve Bank under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). A copy of the D
ઑક્ટો 03, 2018
Millath Co-operative Bank Limited, Davangere, Karnataka - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 15.00 lakh (Rupees fifteen lakh only) on Millath Co-operative Bank Limited, Davangere in exercise of the powers vested in it under the provisions of Section 47 A read with Section 46 (4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) for violating RBI directives/guidelines by sanctioning loans and advances to directors and their relatives, vehicle loans/staff loans without doc
The Reserve Bank of India has imposed a monetary penalty of ₹ 15.00 lakh (Rupees fifteen lakh only) on Millath Co-operative Bank Limited, Davangere in exercise of the powers vested in it under the provisions of Section 47 A read with Section 46 (4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) for violating RBI directives/guidelines by sanctioning loans and advances to directors and their relatives, vehicle loans/staff loans without doc
સપ્ટે 26, 2018
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - U. P. Civil Secretariat Primary Co- operative Bank Ltd., Lucknow
The Reserve Bank of India is satisfied that in the interest of the public it is necessary to issue certain directions to the U. P. Civil Secretariat Primary Co-operative Bank Ltd., Lucknow. Accordingly, the Reserve Bank of India in exercise of the powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949 hereby directs that U. P. Civil
The Reserve Bank of India is satisfied that in the interest of the public it is necessary to issue certain directions to the U. P. Civil Secretariat Primary Co-operative Bank Ltd., Lucknow. Accordingly, the Reserve Bank of India in exercise of the powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949 hereby directs that U. P. Civil
સપ્ટે 26, 2018
Dr. Babasaheb Ambedkar Urban Co-operative Bank Ltd., Nagpur - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 3.00 lakh (Rupees three lakh only) on Dr. Babasaheb Ambedkar Urban Co-operative Bank Ltd., Nagpur in exercise of the powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violation of the provisions of the BR Act (AACS) (Section 20) relating to ‘Prohibition of banks from granting any loan or ad
The Reserve Bank of India has imposed a monetary penalty of ₹ 3.00 lakh (Rupees three lakh only) on Dr. Babasaheb Ambedkar Urban Co-operative Bank Ltd., Nagpur in exercise of the powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violation of the provisions of the BR Act (AACS) (Section 20) relating to ‘Prohibition of banks from granting any loan or ad
સપ્ટે 25, 2018
The Tadpatri Co-operative Town Bank Ltd., Tadpatri, Andhra Pradesh - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on The Tadpatri Co-operative Town Bank Ltd., Tadpatri, Andhra Pradesh, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of The Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of Reserve Bank of India directives/instructions/ guidelines on Know Your Customer(KYC). The Reserve Bank
The Reserve Bank of India has imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on The Tadpatri Co-operative Town Bank Ltd., Tadpatri, Andhra Pradesh, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of The Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of Reserve Bank of India directives/instructions/ guidelines on Know Your Customer(KYC). The Reserve Bank
સપ્ટે 18, 2018
National Urban Co-operative Bank Ltd., Bahraich - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 2,00,000/- (₹ Two lakh only) on National Urban Co-operative Bank Ltd., Bahraich in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for continuous non-submission of the returns u/s 27 of the Act ibid. The Reserve Bank of India had issued a show cause notice to the bank, in response
The Reserve Bank of India has imposed a monetary penalty of ₹ 2,00,000/- (₹ Two lakh only) on National Urban Co-operative Bank Ltd., Bahraich in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for continuous non-submission of the returns u/s 27 of the Act ibid. The Reserve Bank of India had issued a show cause notice to the bank, in response
સપ્ટે 18, 2018
Nagar Sahkari Bank Ltd., Gorakhpur, Uttar Pradesh - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 2,00,000/- (₹ Two lakh only) on Nagar Sahkari Bank Ltd., Gorakhpur, Uttar Pradesh in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on Know Your Customer Norms. The Reserve Bank of India had issued a Show Cause Notice to the bank, in r
The Reserve Bank of India has imposed a monetary penalty of ₹ 2,00,000/- (₹ Two lakh only) on Nagar Sahkari Bank Ltd., Gorakhpur, Uttar Pradesh in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on Know Your Customer Norms. The Reserve Bank of India had issued a Show Cause Notice to the bank, in r
સપ્ટે 12, 2018
RBI extends validity of the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow, Uttar Pradesh
The Reserve Bank of India (RBI) has extended the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow for a further period of six months from September 12, 2018 to March 11, 2019, subject to review. The bank has been under directions since June 12, 2014 vide directive dated June 4, 2014 issued under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). The aforesaid directive was modified / its validity was extended vide RBI
The Reserve Bank of India (RBI) has extended the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow for a further period of six months from September 12, 2018 to March 11, 2019, subject to review. The bank has been under directions since June 12, 2014 vide directive dated June 4, 2014 issued under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). The aforesaid directive was modified / its validity was extended vide RBI
સપ્ટે 07, 2018
RBI imposes penalty on Konark Urban Co-operative Bank Limited, Thane, Maharashtra
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees five lakh only) on Konark Urban Co-operative Bank Limited, Thane, Maharashtra in exercise of the powers vested in it under the provisions of Section 47A (1) read with Section 46 (4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violations of the instructions / guidelines of the Reserve Bank of India relating to Director Related Loans. The Reserve Bank o
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees five lakh only) on Konark Urban Co-operative Bank Limited, Thane, Maharashtra in exercise of the powers vested in it under the provisions of Section 47A (1) read with Section 46 (4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violations of the instructions / guidelines of the Reserve Bank of India relating to Director Related Loans. The Reserve Bank o
સપ્ટે 03, 2018
RBI extends Directions issued to Rupee Co-operative Bank Ltd., Pune
The Reserve Bank of India (vide directive DCBR.CO.AID/D-11/12.22.218/2018-19 dated August 28, 2018) has extended directions issued to Rupee Co-operative Bank Ltd., Pune, Maharashtra for a further period of three months from September 01, 2018 to November 30, 2018, subject to review. The directions were originally imposed from February 22, 2013 to August 21, 2013 and were extended on eight occasions for a period of six months each and five occasions for a period of thr
The Reserve Bank of India (vide directive DCBR.CO.AID/D-11/12.22.218/2018-19 dated August 28, 2018) has extended directions issued to Rupee Co-operative Bank Ltd., Pune, Maharashtra for a further period of three months from September 01, 2018 to November 30, 2018, subject to review. The directions were originally imposed from February 22, 2013 to August 21, 2013 and were extended on eight occasions for a period of six months each and five occasions for a period of thr
ઑગસ્ટ 30, 2018
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - The Maratha Sahakari Bank Ltd, Mumbai, Maharashtra
The Maratha Sahakari Bank Ltd, Mumbai, Maharashtra, was placed under directions from close of business on August 31, 2016 vide directive dated August 31, 2016, The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive dated February 26, 2018 and was valid upto August 31, 2018 subject to review. It is hereby notified for the information of the public that , the Reserve Bank of India, in exercise of powers vested
The Maratha Sahakari Bank Ltd, Mumbai, Maharashtra, was placed under directions from close of business on August 31, 2016 vide directive dated August 31, 2016, The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive dated February 26, 2018 and was valid upto August 31, 2018 subject to review. It is hereby notified for the information of the public that , the Reserve Bank of India, in exercise of powers vested
ઑગસ્ટ 23, 2018
Sahebrao Deshmukh Co-operative Bank Ltd., Mumbai - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five Lakh only) on the Sahebrao Deshmukh Co-operative Bank Ltd., Mumbai in exercise of the powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violations of the instructions / directives of the Reserve Bank of India on loan and advances to directors, relatives and Firms/Conc
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five Lakh only) on the Sahebrao Deshmukh Co-operative Bank Ltd., Mumbai in exercise of the powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violations of the instructions / directives of the Reserve Bank of India on loan and advances to directors, relatives and Firms/Conc
ઑગસ્ટ 07, 2018
National Urban Co-operative Bank Ltd., Bahraich, Uttar Pradesh - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 2,50,000/- (Rupees two lakh and fifty thousand only) on National Urban Co-operative Bank Ltd., Bahraich, Uttar Pradesh in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on classification of investments into HTM/AFS/HFT categories, cond
The Reserve Bank of India has imposed a monetary penalty of ₹ 2,50,000/- (Rupees two lakh and fifty thousand only) on National Urban Co-operative Bank Ltd., Bahraich, Uttar Pradesh in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on classification of investments into HTM/AFS/HFT categories, cond
જુલાઈ 27, 2018
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - The Kapol Co-operative Bank Ltd, Mumbai, Maharashtra
The Kapol Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions vide directive dated March 30, 2017, from close of business March 30, 2017. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive dated March 20, 2018 and was valid upto July 31, 2018 subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it un
The Kapol Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions vide directive dated March 30, 2017, from close of business March 30, 2017. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive dated March 20, 2018 and was valid upto July 31, 2018 subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it un
જુલાઈ 27, 2018
Directions under Section 35A 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 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 Directive dated March 26, 2018 and was valid upto July 31, 2018 subject to review. It is hereby notified for the information of the public that , the Reserve Bank of India, in exercise of powers vested in it und
The CKP Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions vide directive 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 Directive dated March 26, 2018 and was valid upto July 31, 2018 subject to review. It is hereby notified for the information of the public that , the Reserve Bank of India, in exercise of powers vested in it und
જુલાઈ 24, 2018
Shri Vinayak Sahakari Bank Ltd.,Ahmedabad (Gujarat) (Non-scheduled UCB) - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹5.00 lakh (Rupees five lakh only) on Shri Vinayak Sahakari Bank Ltd. Ahmedabad (Gujarat) (Non-scheduled UCB), in exercise of the powers vested in it under the provisions of Section 47A (1) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI instructions issued under Supervisory Action Framework (SAF), violation of KYC/AML norms issued by
The Reserve Bank of India has imposed a monetary penalty of ₹5.00 lakh (Rupees five lakh only) on Shri Vinayak Sahakari Bank Ltd. Ahmedabad (Gujarat) (Non-scheduled UCB), in exercise of the powers vested in it under the provisions of Section 47A (1) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI instructions issued under Supervisory Action Framework (SAF), violation of KYC/AML norms issued by
જુલાઈ 24, 2018
Directions under Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - The United Cooperative Bank Limited, Bagnan Station Road (North), P.O. - Bagnan, Dist - Howrah, Pin - 711303, 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 35A of the Banking Regulation Act, 1949 (As Applicable to Coperative Societies) read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) has issued certain Directions to The United Cooperative Bank Limited, Bagnan Station Road (North), P.O.-Bagnan, Dist-Howrah, Pin-711303, West Bengal whereby, as from the close o
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Coperative Societies) read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) has issued certain Directions to The United Cooperative Bank Limited, Bagnan Station Road (North), P.O.-Bagnan, Dist-Howrah, Pin-711303, West Bengal whereby, as from the close o
જુલાઈ 16, 2018
RBI Directions issued to Navodaya Urban Co-operative Bank Ltd, Nagpur, Maharashtra further extended upto October 15, 2018
The Reserve Bank of India has extended the Directions earlier issued to Navodaya Urban Co-operative Bank Ltd, Nagpur for further three months. The Directions are now valid up to October 15, 2018, subject to review. The Directions were imposed in exercise of powers vested in the Reserve Bank under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). A copy of the Directions is displayed on the bank's premises for perusal by interested members of p
The Reserve Bank of India has extended the Directions earlier issued to Navodaya Urban Co-operative Bank Ltd, Nagpur for further three months. The Directions are now valid up to October 15, 2018, subject to review. The Directions were imposed in exercise of powers vested in the Reserve Bank under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). A copy of the Directions is displayed on the bank's premises for perusal by interested members of p
જુલાઈ 11, 2018
Directions u/s 35A of the Banking Regulation Act, 1949 (AACS) - Gomti Nagariya Sahakari Bank Ltd., Jaunpur (Uttar Pradesh)-Extension of period
The Reserve Bank of India (RBI) has extended the Directions issued to the Gomti Nagariya Sahakari Bank Ltd., Jaunpur (Uttar Pradesh) for a further period of four months from July 11, 2018 to November 10, 2018, subject to review. The bank has been under directions u/s 35A of the Banking Regulation Act, 1949 (AACS) vide Directive dated July 03, 2017 w.e.f. close of business as on July 10, 2017. The directive which was last modified and extended vide RBI Directive dated
The Reserve Bank of India (RBI) has extended the Directions issued to the Gomti Nagariya Sahakari Bank Ltd., Jaunpur (Uttar Pradesh) for a further period of four months from July 11, 2018 to November 10, 2018, subject to review. The bank has been under directions u/s 35A of the Banking Regulation Act, 1949 (AACS) vide Directive dated July 03, 2017 w.e.f. close of business as on July 10, 2017. The directive which was last modified and extended vide RBI Directive dated
જુલાઈ 10, 2018
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - The R. S. Co-operative Bank Ltd., Mumbai, Maharashtra
The R.S. Co-operative Bank Ltd., Mumbai, Maharashtra, was placed under directions vide directive dated June 24, 2015, from close of business on June 26, 2015. The validity of the directions was extended and modified from time to time, the last being Directive dated January 19, 2018 and was valid upto July 25, 2018, subject to review. 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-sec
The R.S. Co-operative Bank Ltd., Mumbai, Maharashtra, was placed under directions vide directive dated June 24, 2015, from close of business on June 26, 2015. The validity of the directions was extended and modified from time to time, the last being Directive dated January 19, 2018 and was valid upto July 25, 2018, subject to review. 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-sec
જુલાઈ 09, 2018
RBI imposes penalty on Jagruti Co-operative Urban Bank Ltd., Hyderabad, Telangana
The Reserve Bank of India has imposed a monetary penalty of ₹ 25,000/- (Rupees Twenty Five Thousand only) on Jagruti Co-operative Urban Bank Ltd., Hyderabad, Telangana, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of The Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of Reserve Bank of India instructions/guidelines on Board of Directors - UCBs. The Reserve Bank of Ind
The Reserve Bank of India has imposed a monetary penalty of ₹ 25,000/- (Rupees Twenty Five Thousand only) on Jagruti Co-operative Urban Bank Ltd., Hyderabad, Telangana, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of The Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of Reserve Bank of India instructions/guidelines on Board of Directors - UCBs. The Reserve Bank of Ind
જુલાઈ 06, 2018
Reserve Bank of India cancels the licence of Alwar Urban Co-operative Bank Ltd., Alwar, Rajasthan
The Reserve Bank of India (RBI) has, vide order dated July 03, 2018 cancelled the licence of Alwar Urban Co-operative Bank Ltd., Alwar, Rajasthan to carry on banking business, with effect from from the close of business on July 05, 2018. The Registrar of Co-operative Societies, Rajasthan 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 does not have
The Reserve Bank of India (RBI) has, vide order dated July 03, 2018 cancelled the licence of Alwar Urban Co-operative Bank Ltd., Alwar, Rajasthan to carry on banking business, with effect from from the close of business on July 05, 2018. The Registrar of Co-operative Societies, Rajasthan 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 does not have
જુલાઈ 06, 2018
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949(AACS) Bhilwara Mahila Urban Co-operative Bank Ltd., Bhilwara (Rajasthan)
It is hereby notified for the information of the public that 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, the Reserve Bank of India (RBI) is satisfied that in public interest it is necessary to extend the period of operation of Directive issued to Bhilwara Mahila Urban Co-operative Bank Ltd॰, Bhilwara (Rajasthan). The directive DCBS.CO BSD-IV- D-9/12.27.235/2016-17 dated March 07, 20
It is hereby notified for the information of the public that 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, the Reserve Bank of India (RBI) is satisfied that in public interest it is necessary to extend the period of operation of Directive issued to Bhilwara Mahila Urban Co-operative Bank Ltd॰, Bhilwara (Rajasthan). The directive DCBS.CO BSD-IV- D-9/12.27.235/2016-17 dated March 07, 20
રિઝર્વ બેંક ઑફ ઇન્ડિયા મોબાઇલ એપ્લિકેશન ઇન્સ્ટૉલ કરો અને લેટેસ્ટ ન્યૂઝનો ઝડપી ઍક્સેસ મેળવો!
પેજની છેલ્લી અપડેટની તારીખ: નવેમ્બર 21, 2024
