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ಜುಲೈ 04, 2016
Cancellation of licence of Jijamata Mahila Sahakari Bank Limited, Satara, Maharashtra to carry on banking business
It is hereby notified for the information of the public that the Reserve Bank of India has, vide its order dated June 30, 2016, cancelled the licence of Jijamata Mahila Sahakari Bank Limited, Satara, Maharashtra to carry on banking business under Section 22 of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) read with Section 56 of Banking Regulation Act, 1949. As such, the bank is forthwith precluded from transacting the business of 'banking
It is hereby notified for the information of the public that the Reserve Bank of India has, vide its order dated June 30, 2016, cancelled the licence of Jijamata Mahila Sahakari Bank Limited, Satara, Maharashtra to carry on banking business under Section 22 of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) read with Section 56 of Banking Regulation Act, 1949. As such, the bank is forthwith precluded from transacting the business of 'banking
ಜುಲೈ 04, 2016
Shri Sudarshan Sen takes charge as new Executive Director at RBI
Shri Sudarshan Sen has taken over as the new Executive Director at the Reserve Bank of India today. He will look after Department of Banking Regulation, Department of Co-operative Banking Regulation and Department of Non-Banking Regulation. Shri Sen, a career central banker who has long association with bank supervision and regulation, was in charge of the Department of Banking Regulation before taking over as Executive Director. He has also been Regional Director of
Shri Sudarshan Sen has taken over as the new Executive Director at the Reserve Bank of India today. He will look after Department of Banking Regulation, Department of Co-operative Banking Regulation and Department of Non-Banking Regulation. Shri Sen, a career central banker who has long association with bank supervision and regulation, was in charge of the Department of Banking Regulation before taking over as Executive Director. He has also been Regional Director of
ಜುಲೈ 01, 2016
RBI imposes Monetary Penalty on Shri Anand Nagari Sahakari Bank Ltd., Chandrapur (Maharashtra)
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five Lakh only) on Shri Anand Nagari Sahakari Bank Ltd., Chandrapur, in exercise of 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 various norms and RBI instructions. The Reserve Bank of India had issued a show cause notice to the bank, in response to whic
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five Lakh only) on Shri Anand Nagari Sahakari Bank Ltd., Chandrapur, in exercise of 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 various norms and RBI instructions. The Reserve Bank of India had issued a show cause notice to the bank, in response to whic
ಜುಲೈ 01, 2016
RBI signs Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with the National Bank of Cambodia
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with National Bank of Cambodia. The MoU was signed by H.E Kim Vada, Director General of Banking Supervision, on behalf of National Bank of Cambodia and Smt Meena Hemchandra, Executive Director, on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandam of Understanding, Letter for Supervisory Co-operation and S
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with National Bank of Cambodia. The MoU was signed by H.E Kim Vada, Director General of Banking Supervision, on behalf of National Bank of Cambodia and Smt Meena Hemchandra, Executive Director, on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandam of Understanding, Letter for Supervisory Co-operation and S
ಜುಲೈ 01, 2016
RBI extends Directions issued to Shri Sai Urban Co-operative Bank Ltd., Mukhed Dist. Nanded, Maharashtra till September 30, 2016
The Reserve Bank of India has extended Directions issued to Shri Sai Urban Co-operative Bank Ltd., Mukhed, Dist. Nanded (Mahrashtra) for a further period of three months from the close of business as on June 30, 2016 to September 30, 2016, subject to review. The bank was under directions since July 01, 2015. The directions were earlier extended for six month on one occasion. The Directions were imposed in exercise of powers vested in the Reserve Bank under sub section
The Reserve Bank of India has extended Directions issued to Shri Sai Urban Co-operative Bank Ltd., Mukhed, Dist. Nanded (Mahrashtra) for a further period of three months from the close of business as on June 30, 2016 to September 30, 2016, subject to review. The bank was under directions since July 01, 2015. The directions were earlier extended for six month on one occasion. The Directions were imposed in exercise of powers vested in the Reserve Bank under sub section
ಜೂನ್ 30, 2016
Exchange of Pre-2005 Banknotes at Select Offices of RBI from July 01, 2016
The Reserve Bank of India has observed that a major portion of the pre-2005 banknotes have been withdrawn from circulation and only a small percentage of these notes remains in circulation. On a review, therefore, the Reserve Bank has decided that from July 01, 2016 the facility of exchanging the pre-2005 banknotes will be available only at the following offices of the Reserve Bank of India: Ahmedabad, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwa
The Reserve Bank of India has observed that a major portion of the pre-2005 banknotes have been withdrawn from circulation and only a small percentage of these notes remains in circulation. On a review, therefore, the Reserve Bank has decided that from July 01, 2016 the facility of exchanging the pre-2005 banknotes will be available only at the following offices of the Reserve Bank of India: Ahmedabad, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwa
ಜೂನ್ 28, 2016
RBI cancels Certificate of Registration of 2 NBFCs
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Sampada Chemicals Limited Parijat House, 2nd Floor, 1076, Dr. E Moses Road, Worli, Mumbai - 400018 13.00362 March 18, 1998 March 25, 2016 2
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Sampada Chemicals Limited Parijat House, 2nd Floor, 1076, Dr. E Moses Road, Worli, Mumbai - 400018 13.00362 March 18, 1998 March 25, 2016 2
ಜೂನ್ 28, 2016
RBI to work on July 1, 2016 to facilitate public transactions
On a review and in order to facilitate the settlement of market transactions, as also, to aid the transactions of the general public, the Reserve Bank of India has decided that it will remain open for public transactions on July 1, 2016. Normally, the Reserve Bank remains closed for public transactions every July 1 on account of its annual closing of accounts. The Reserve Bank’s accounting year is July to June. In view of the annual closing of its books of account, ho
On a review and in order to facilitate the settlement of market transactions, as also, to aid the transactions of the general public, the Reserve Bank of India has decided that it will remain open for public transactions on July 1, 2016. Normally, the Reserve Bank remains closed for public transactions every July 1 on account of its annual closing of accounts. The Reserve Bank’s accounting year is July to June. In view of the annual closing of its books of account, ho
ಜೂನ್ 28, 2016
4 NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Shrigopal Finance and Investment Private Limited 82-A, Flat No. 33, Brindavan
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Shrigopal Finance and Investment Private Limited 82-A, Flat No. 33, Brindavan
ಜೂನ್ 24, 2016
RBI issues Directions on The R S Co-operative Bank Ltd., Mumbai, Maharashtra
The R S Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions for a period of six months vide directive dated June 24, 2015 from the close of business on June 26, 2015. The validity of the directions was extended, vide order dated December 21, 2015 for a period of six months. The validity of the directions has been extended for a further period of three months from June 26, 2016 to September 25, 2016 vide our modified directive dated June 22, 2016 su
The R S Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions for a period of six months vide directive dated June 24, 2015 from the close of business on June 26, 2015. The validity of the directions was extended, vide order dated December 21, 2015 for a period of six months. The validity of the directions has been extended for a further period of three months from June 26, 2016 to September 25, 2016 vide our modified directive dated June 22, 2016 su

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ಪೇಜ್ ಕೊನೆಯದಾಗಿ ಅಪ್ಡೇಟ್ ಆದ ದಿನಾಂಕ: ಜುಲೈ 09, 2024