Press Releases - Consumer Education and Protection - ಆರ್ಬಿಐ - Reserve Bank of India
ಪತ್ರಿಕಾ ಪ್ರಕಟಣೆಗಳು
ಜೂನ್ 06, 2018
Statement on Developmental and Regulatory Policies
This Statement sets out various developmental and regulatory policy measures for strengthening regulation and supervision; broadening and deepening financial markets; improving currency and debt management; fostering innovation in payment and settlement system; and, facilitating data management. I. Regulation and Supervision 1. Increase in Liquidity Coverage Ratio (LCR) carve-out from Statutory Liquidity Ratio (SLR) As per the existing roadmap, scheduled commercial ba
This Statement sets out various developmental and regulatory policy measures for strengthening regulation and supervision; broadening and deepening financial markets; improving currency and debt management; fostering innovation in payment and settlement system; and, facilitating data management. I. Regulation and Supervision 1. Increase in Liquidity Coverage Ratio (LCR) carve-out from Statutory Liquidity Ratio (SLR) As per the existing roadmap, scheduled commercial ba
ಜೂನ್ 06, 2018
Second Bi-monthly Monetary Policy Statement, 2018-19 Resolution of the Monetary Policy Committee (MPC) Reserve Bank of India
On the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, the Monetary Policy Committee (MPC) decided to: increase the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 6.25 per cent. Consequently, the reverse repo rate under the LAF stands adjusted to 6.0 per cent, and the marginal standing facility (MSF) rate and the Bank Rate to 6.50 per cent. The decision of the MPC is consistent with
On the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, the Monetary Policy Committee (MPC) decided to: increase the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 6.25 per cent. Consequently, the reverse repo rate under the LAF stands adjusted to 6.0 per cent, and the marginal standing facility (MSF) rate and the Bank Rate to 6.50 per cent. The decision of the MPC is consistent with
ಜೂನ್ 05, 2018
Abhyudaya Mahila Urban Co-operative Bank Ltd., Channapatna, Karnataka - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on Abhyudaya Mahila Urban Co-operative Bank Ltd., Channapatna, 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 violating directives contained in para 3 of Reserve Bank of India Circular No. BPD Cir.50/13.05.00/2002-03 dated April 29,
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on Abhyudaya Mahila Urban Co-operative Bank Ltd., Channapatna, 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 violating directives contained in para 3 of Reserve Bank of India Circular No. BPD Cir.50/13.05.00/2002-03 dated April 29,
ಮೇ 29, 2018
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 Silver Trading and Services Limited 20, R.N. Mukherjee Road, Kolkata-700 001
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 Silver Trading and Services Limited 20, R.N. Mukherjee Road, Kolkata-700 001
ಮೇ 28, 2018
RBI extends Directions issued to Rupee Co-operative Bank Ltd., Pune
The Reserve Bank of India (vide directive DCBR.CO.AID/D-42/12.22.218/2017-18 dated May 23, 2018) has extended directions issued to Rupee Co-operative Bank Ltd., Pune, Maharashtra for a further period of three months from June 01, 2018 to August 31, 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 four occasions for a period of three months e
The Reserve Bank of India (vide directive DCBR.CO.AID/D-42/12.22.218/2017-18 dated May 23, 2018) has extended directions issued to Rupee Co-operative Bank Ltd., Pune, Maharashtra for a further period of three months from June 01, 2018 to August 31, 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 four occasions for a period of three months e
ಮೇ 25, 2018
9 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 Premium Exports Limited 25, Ground Floor, World Trade Centre, Barakhamba Lane,
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 Premium Exports Limited 25, Ground Floor, World Trade Centre, Barakhamba Lane,
ಮೇ 25, 2018
RBI cancels Certificate of Registration of 2 NBFCs
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following two 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. Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1. M/s Jay Kay Transporters and Financiers (P) Limited Gurduwara Building, Amira Kadal, Srinagar-190 001 B-11000
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following two 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. Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1. M/s Jay Kay Transporters and Financiers (P) Limited Gurduwara Building, Amira Kadal, Srinagar-190 001 B-11000
ಮೇ 21, 2018
RBI cancels Certificate of Registration of 2 NBFCs
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following two 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. Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1. M/s Growell Auto Leasing Private Limited Inside Gali PNB, G.T. Road, Batala, Gurdaspur-143505, Punjab B-06.00
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following two 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. Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation 1. M/s Growell Auto Leasing Private Limited Inside Gali PNB, G.T. Road, Batala, Gurdaspur-143505, Punjab B-06.00
ಮೇ 19, 2018
RBI issues Directions to the Shivam Sahakari Bank Ltd., Ichalkaranji, Dist ; Kolhapur, Maharashtra
The Reserve Bank of India (vide directive DCBS.CO.BSD-I/D-6/12.22.351/2017-18 dated May 18, 2018) has placed the Shivam Sahakari Bank Ltd., Ichalkaranji, Dist : Kolhapur, 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 stipu
The Reserve Bank of India (vide directive DCBS.CO.BSD-I/D-6/12.22.351/2017-18 dated May 18, 2018) has placed the Shivam Sahakari Bank Ltd., Ichalkaranji, Dist : Kolhapur, 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 stipu
ಮೇ 19, 2018
RBI issues Directions to the Padmashree Dr. Vitthalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra
The Reserve Bank of India (vide directive DCBS.CO.BSD-I/D-7/12.22.395/2017-18 dated May 18, 2018) has placed the Padamshree Dr. Vitthalrao Vikhe Patil Co-operative Bank Ltd., Nashik, 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 condi
The Reserve Bank of India (vide directive DCBS.CO.BSD-I/D-7/12.22.395/2017-18 dated May 18, 2018) has placed the Padamshree Dr. Vitthalrao Vikhe Patil Co-operative Bank Ltd., Nashik, 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 condi
ಮೇ 18, 2018
Reserve Bank of India imposes monetary penalty on South Indian Bank Limited
The Reserve Bank of India (RBI) has imposed, by an order dated May 14, 2018, a monetary penalty of ₹ 50 million on South Indian Bank Limited (the bank) for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms, Know Your Customer (KYC) norms and treasury function and for deficiencies in its compliance function and compliance culture. This penalty has been imposed in exercise of powers vested in RBI under the provi
The Reserve Bank of India (RBI) has imposed, by an order dated May 14, 2018, a monetary penalty of ₹ 50 million on South Indian Bank Limited (the bank) for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms, Know Your Customer (KYC) norms and treasury function and for deficiencies in its compliance function and compliance culture. This penalty has been imposed in exercise of powers vested in RBI under the provi
ಮೇ 17, 2018
RBI imposed penalty on The Chittoor Co-operative Town Bank Ltd., Chittoor, Andhra Pradesh
The Reserve Bank of India has imposed a monetary penalty of ₹ 10,000/- (Rupees Ten Thousand only) on The Chittoor Co-operative Town Bank Ltd., Chittoor, 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 and guidelines on loans and advances to directors and their relati
The Reserve Bank of India has imposed a monetary penalty of ₹ 10,000/- (Rupees Ten Thousand only) on The Chittoor Co-operative Town Bank Ltd., Chittoor, 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 and guidelines on loans and advances to directors and their relati
ಮೇ 16, 2018
RBI imposes penalty on The United Co-operative Bank Ltd., Bagnan Station Road(North), PO- Bagnan, Dist- Howrah, West Bengal
The Reserve Bank of India has imposed on April 19,2018, a monetary penalty of ₹ 5.00 lakh (Rupees Five Lakh) on United Co-operative Bank Ltd., Bagnan Station Road(North), PO- Bagnan, District- Howrah, West Bengal, in exercise of the powers vested in it under the provisions of Section 47A (1) (a) and (c) read with Section 46 (2) and (4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violations/ non-adherence of RBI directives/ guidel
The Reserve Bank of India has imposed on April 19,2018, a monetary penalty of ₹ 5.00 lakh (Rupees Five Lakh) on United Co-operative Bank Ltd., Bagnan Station Road(North), PO- Bagnan, District- Howrah, West Bengal, in exercise of the powers vested in it under the provisions of Section 47A (1) (a) and (c) read with Section 46 (2) and (4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violations/ non-adherence of RBI directives/ guidel
ಮೇ 16, 2018
Extension of Vasantdada Nagari Sahakari Bank Ltd, Osmanabad, Maharashtra
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) for a period of six months from the close of business on November 13, 2017. Reserve Bank of India has now further extended the directions for a period of six months from May 14, 2018 to November 13, 2018. The Directions stipu
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) for a period of six months from the close of business on November 13, 2017. Reserve Bank of India has now further extended the directions for a period of six months from May 14, 2018 to November 13, 2018. The Directions stipu
ಮೇ 15, 2018
RBI imposed penalty on The Vriddhachalam Co-operative Urban Bank Ltd. (No.E 81), 64 South Fort Street, Vriddhachalam, 606001
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees two lakh) on The Vriddhachalam Co-operative Urban Bank Ltd. (No.E 81), 64 South Fort Street, Vriddhachalam, 606001, 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 directive of the Reserve Bank prohibiting extension of loans and advanc
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees two lakh) on The Vriddhachalam Co-operative Urban Bank Ltd. (No.E 81), 64 South Fort Street, Vriddhachalam, 606001, 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 directive of the Reserve Bank prohibiting extension of loans and advanc
ಮೇ 15, 2018
7 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 Subhlabh Traders Pvt. Ltd. 211, Megacity Chambers, 1, India Exchange Place, K
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 Subhlabh Traders Pvt. Ltd. 211, Megacity Chambers, 1, India Exchange Place, K
ಮೇ 15, 2018
Marginal Cost of Funds Based Lending Rate (MCLR) for the month of April 2018
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of April 2018. Ajit Prasad Assistant Adviser Press Release: 2017-2018/2989
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of April 2018. Ajit Prasad Assistant Adviser Press Release: 2017-2018/2989
ಮೇ 14, 2018
The Mehsana Urban Co-operative Bank Limited, Mehsana (Gujarat) - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 Crore (Rupees One Crore only) on The Mehsana Urban Co-operative Bank Limited, Mehsana (Gujarat), 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 directives/ instructions/ guidelines issued to Urban Co-operative Banks (UCBs) under the provisions o
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 Crore (Rupees One Crore only) on The Mehsana Urban Co-operative Bank Limited, Mehsana (Gujarat), 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 directives/ instructions/ guidelines issued to Urban Co-operative Banks (UCBs) under the provisions o
ಮೇ 10, 2018
Cancellation of Certificate of Registration of 3 NBFCs
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 cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Jagannatha Financial Services Limited Dr. MPM Nivas, II Floor, Door No. 21, Salai Road, Tiruchirappalli-620 003 Tamilnadu N-07.00764 March 30, 2007 April 13, 2018 2. M/s SCF Fin
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 cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Jagannatha Financial Services Limited Dr. MPM Nivas, II Floor, Door No. 21, Salai Road, Tiruchirappalli-620 003 Tamilnadu N-07.00764 March 30, 2007 April 13, 2018 2. M/s SCF Fin
ಮೇ 09, 2018
13 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 Ruby Mercantile Company Pvt. Limited Plot No. 341 K-1, Mundian Khurd, P.O. Sa
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 Ruby Mercantile Company Pvt. Limited Plot No. 341 K-1, Mundian Khurd, P.O. Sa
ಪೇಜ್ ಕೊನೆಯದಾಗಿ ಅಪ್ಡೇಟ್ ಆದ ದಿನಾಂಕ: ನವೆಂಬರ್ 19, 2024