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ಆಗ 05, 2016
RBI cancels the Licence of the Pioneer Urban Co-operative Bank Ltd., Lucknow, Uttar Pradesh
The Reserve Bank of India (RBI) has, vide order dated July 15, 2016 cancelled the licence of Pioneer Urban Co-operative Bank Ltd., Lucknow, Uttar Pradesh to carry on banking business. The order was made effective from the close of business on July 25, 2016. The Registrar of Co-operative 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 cancelled the licence of the bank as:
The Reserve Bank of India (RBI) has, vide order dated July 15, 2016 cancelled the licence of Pioneer Urban Co-operative Bank Ltd., Lucknow, Uttar Pradesh to carry on banking business. The order was made effective from the close of business on July 25, 2016. The Registrar of Co-operative 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 cancelled the licence of the bank as:
ಆಗ 04, 2016
RBI Governor launches Website 'सचेत' to curb Illegal Collection of Deposits
“Initiating quick follow up and taking cases to logical conclusion by punishing the guilty is paramount to deter entities in future from carrying out unlawful activity. I hope ‘Sachet’ would help regulators in doing this as much as it would help members of public in depositing their hard earned money with genuine entities by giving them timely information about these entities.” Dr. Raghuram G. Rajan, Governor, Reserve Bank of India said this today while launching ‘Sac
“Initiating quick follow up and taking cases to logical conclusion by punishing the guilty is paramount to deter entities in future from carrying out unlawful activity. I hope ‘Sachet’ would help regulators in doing this as much as it would help members of public in depositing their hard earned money with genuine entities by giving them timely information about these entities.” Dr. Raghuram G. Rajan, Governor, Reserve Bank of India said this today while launching ‘Sac
ಆಗ 03, 2016
RBI Imposes Monetary Penalty on Zila Sahakari Kendriya Bank Maryadit, Raipur
The Reserve Bank of India has imposed a monetary penalty of ₹ 5,00,000/- (Rupees five lakh only) on Zila Sahakari Kendriya Bank Maryadit, Raipur in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violation of the directives/guidelines of the Reserve Bank on Know Your Customer Norms. The Reserve Bank of India had issued a show cause no
The Reserve Bank of India has imposed a monetary penalty of ₹ 5,00,000/- (Rupees five lakh only) on Zila Sahakari Kendriya Bank Maryadit, Raipur in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violation of the directives/guidelines of the Reserve Bank on Know Your Customer Norms. The Reserve Bank of India had issued a show cause no
ಆಗ 03, 2016
RBI Imposes Monetary Penalty on The Raipur Urban Mercantile Co-operative Bank Limited, Raipur
The Reserve Bank of India has imposed a monetary penalty of ₹ 5,00,000/- (Rupees Five lakh only) on the Raipur Urban Mercantile Co-operative Bank Limited, Raipur in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violation of the directives/guidelines issued by the Reserve Bank on prohibition of grant of loans and advances to its dire
The Reserve Bank of India has imposed a monetary penalty of ₹ 5,00,000/- (Rupees Five lakh only) on the Raipur Urban Mercantile Co-operative Bank Limited, Raipur in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violation of the directives/guidelines issued by the Reserve Bank on prohibition of grant of loans and advances to its dire
ಆಗ 01, 2016
RBI issues Directions to Mahamedha Urban Co-operative Bank Ltd., Ghaziabad (Uttar Pradesh)
The Reserve Bank of India is satisfied that in the interest of the public, it is necessary to issue certain directions to the Mahamedha Urban Co-operative Bank Ltd., Ghaziabad. 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 the Mahamedha Urban Co-op
The Reserve Bank of India is satisfied that in the interest of the public, it is necessary to issue certain directions to the Mahamedha Urban Co-operative Bank Ltd., Ghaziabad. 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 the Mahamedha Urban Co-op
ಆಗ 01, 2016
RBI issues Directions to Hardoi Urban Co-operative Bank Ltd., Hardoi (U.P.)
The Reserve Bank of India is satisfied that in the interest of the public, it is necessary to issue certain directions to the Hardoi Urban Co-operative Bank Ltd., Hardoi. 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 the Hardoi Urban Co-operative B
The Reserve Bank of India is satisfied that in the interest of the public, it is necessary to issue certain directions to the Hardoi Urban Co-operative Bank Ltd., Hardoi. 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 the Hardoi Urban Co-operative B
ಜುಲೈ 31, 2016
RBI issue Directions to CKP Co-operative Bank Ltd, Mumbai, Maharashtra
CKP Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions for a period of six months vide directive dated April 30, 2014 from the close of business on May 2, 2014. The validity of the directions was extended vide directives dated October 21, 2014 for a period of three months; dated January 20, 2015 for a period of six months; dated July 9, 2015 for a period of three months ; dated October 28, 2015 for a period of three months and dated January 19, 20
CKP Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions for a period of six months vide directive dated April 30, 2014 from the close of business on May 2, 2014. The validity of the directions was extended vide directives dated October 21, 2014 for a period of three months; dated January 20, 2015 for a period of six months; dated July 9, 2015 for a period of three months ; dated October 28, 2015 for a period of three months and dated January 19, 20
ಜುಲೈ 29, 2016
Issue of ₹ 10 banknotes without inset letter, ascending size of numerals in number panels
The Reserve Bank of India will shortly issue ₹ 10 denomination banknotes in the Mahatma Gandhi Series-2005, without inset letter, bearing the signature of Dr. Raghuram G.Rajan, Governor, Reserve Bank of India, and the year of printing ‘2016‘ printed on the reverse of the banknote. The design of these banknotes to be issued now is similar in all respects to the ₹ 10 banknotes in Mahatma Gandhi Series- 2005 issued earlier, except that the numerals in both the number pan
The Reserve Bank of India will shortly issue ₹ 10 denomination banknotes in the Mahatma Gandhi Series-2005, without inset letter, bearing the signature of Dr. Raghuram G.Rajan, Governor, Reserve Bank of India, and the year of printing ‘2016‘ printed on the reverse of the banknote. The design of these banknotes to be issued now is similar in all respects to the ₹ 10 banknotes in Mahatma Gandhi Series- 2005 issued earlier, except that the numerals in both the number pan
ಜುಲೈ 29, 2016
Issue of ₹ 100 banknotes without inset letter, ascending size of numerals in the number panels, bleed lines, and enlarged identification mark
The Reserve Bank of India will shortly issue ₹ 100 denomination banknotes with three additional/revised features in the Mahatma Gandhi Series-2005, bearing the signature of Dr. Raghuram G.Rajan, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. The banknotes will be without inset letter in the numbering panels. The design of these banknotes to be issued now is similar in all respects to the ₹ 100 banknotes in Maha
The Reserve Bank of India will shortly issue ₹ 100 denomination banknotes with three additional/revised features in the Mahatma Gandhi Series-2005, bearing the signature of Dr. Raghuram G.Rajan, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. The banknotes will be without inset letter in the numbering panels. The design of these banknotes to be issued now is similar in all respects to the ₹ 100 banknotes in Maha
ಜುಲೈ 27, 2016
RBI penalises 13 Banks for violating KYC Norms
The Reserve Bank of India has imposed monetary penalty on the following banks for violation of regulatory directions / instructions / guidelines, among other things, on KYC norms. The details of the penalty are: S. No. Name of the bank Penalty Amount (in ₹ million) 1. Allahabad Bank 20 2. Bank of India 10 3. Bank of Baroda 50 4. Canara Bank 20 5. Corporation Bank 10 6. HDFC Bank 20 7. IndusInd Bank 20 8. Punjab National Bank 30 9. RBL Bank 10 10. SBBJ 20 11. SBM 10 12
The Reserve Bank of India has imposed monetary penalty on the following banks for violation of regulatory directions / instructions / guidelines, among other things, on KYC norms. The details of the penalty are: S. No. Name of the bank Penalty Amount (in ₹ million) 1. Allahabad Bank 20 2. Bank of India 10 3. Bank of Baroda 50 4. Canara Bank 20 5. Corporation Bank 10 6. HDFC Bank 20 7. IndusInd Bank 20 8. Punjab National Bank 30 9. RBL Bank 10 10. SBBJ 20 11. SBM 10 12

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ಪೇಜ್ ಕೊನೆಯದಾಗಿ ಅಪ್ಡೇಟ್ ಆದ ದಿನಾಂಕ: ಜುಲೈ 09, 2024