Press Releases - Regulating Co-operative Banking - ಆರ್ಬಿಐ - Reserve Bank of India
ಪತ್ರಿಕಾ ಪ್ರಕಟಣೆಗಳು
ಅಕ್ಟೋ 09, 2014
RBI cancels the Licence of The Ajmer Urban Co-operative Bank Ltd., Ajmer (Rajasthan)
The Reserve Bank of India has, from the close of business as on September 19, 2014, cancelled the licence of the Ajmer Urban Co-operative Bank Ltd., Ajmer (Rajasthan) as it had ceased to be solvent, all efforts to revive it had failed and the depositors were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Rajasthan has also been requested to issue an order for winding up the bank and appoint a liquidator. On liquidation, every d
The Reserve Bank of India has, from the close of business as on September 19, 2014, cancelled the licence of the Ajmer Urban Co-operative Bank Ltd., Ajmer (Rajasthan) as it had ceased to be solvent, all efforts to revive it had failed and the depositors were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Rajasthan has also been requested to issue an order for winding up the bank and appoint a liquidator. On liquidation, every d
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ಸೆಪ್ಟೆಂ 25, 2014
Reserve Bank of India cancels the Licence of The Mirzapur Urban Co-operative Bank Ltd., Mirzapur (Uttar Pradesh)
In view of the fact that The Mirzapur Urban Co-operative Bank Ltd., Mirzapur (Uttar Pradesh), had ceased to be solvent, all efforts to revive it, had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India [RBI] delivered the order cancelling its licence to the bank and the same is effective from the close of business as on September 11, 2014. The Registrar of Co-operative Societies, Uttar Pradesh has also been requested
In view of the fact that The Mirzapur Urban Co-operative Bank Ltd., Mirzapur (Uttar Pradesh), had ceased to be solvent, all efforts to revive it, had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India [RBI] delivered the order cancelling its licence to the bank and the same is effective from the close of business as on September 11, 2014. The Registrar of Co-operative Societies, Uttar Pradesh has also been requested
ಸೆಪ್ಟೆಂ 23, 2014
RBI cancels Certificate of Registration of M/s Prashant Industries Pvt Limited and P.D.Industries Pvt Limited
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s Prashant Industries Pvt
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s Prashant Industries Pvt
ಸೆಪ್ಟೆಂ 23, 2014
Shree Chhatrapati Urban Co.op Bank Ltd., Pimple Nilakh,District - Pune (Maharashtra) under RBI Directions
Effective close of business on September 12, 2014, the Reserve Bank of India has issued certain Directions to Shree Chhatrapati Urban Co.op Bank Ltd., Pimple Nilakh, District - Pune (Maharashtra). Under the directions, depositors will be allowed to withdraw only ` 1,000/- (Rupees one thousand only) of the total balance in every savings bank or current account or any other deposit account. The bank has also been restrained from granting or renewing any loans and advanc
Effective close of business on September 12, 2014, the Reserve Bank of India has issued certain Directions to Shree Chhatrapati Urban Co.op Bank Ltd., Pimple Nilakh, District - Pune (Maharashtra). Under the directions, depositors will be allowed to withdraw only ` 1,000/- (Rupees one thousand only) of the total balance in every savings bank or current account or any other deposit account. The bank has also been restrained from granting or renewing any loans and advanc
ಸೆಪ್ಟೆಂ 11, 2014
RBI cancels Licence of The Mirzapur Urban Co-operative Bank Ltd., Mirzapur, Uttar Pradesh
The Reserve Bank of India has, on September 1, 2014, cancelled the licence of The Mirzapur Urban Co-operative Bank Ltd., Mirzapur, Uttar Pradesh 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' as defined in Section 5(b) of the Banking Regulation Act, 1949 (A
The Reserve Bank of India has, on September 1, 2014, cancelled the licence of The Mirzapur Urban Co-operative Bank Ltd., Mirzapur, Uttar Pradesh 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' as defined in Section 5(b) of the Banking Regulation Act, 1949 (A
ಸೆಪ್ಟೆಂ 10, 2014
Reserve Bank Cancels the Licence of The Merchants’ Co-operative Bank Ltd., Dhule (Maharashtra)
In view of the fact that The Merchants’ Co-operative Bank Ltd., Dhule (Maharashtra), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India [RBI] delivered the order cancelling its licence to the bank and the same is effective from the close of business as on August 30, 2014. The Registrar of Co-operative Soci
In view of the fact that The Merchants’ Co-operative Bank Ltd., Dhule (Maharashtra), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India [RBI] delivered the order cancelling its licence to the bank and the same is effective from the close of business as on August 30, 2014. The Registrar of Co-operative Soci
ಸೆಪ್ಟೆಂ 03, 2014
RBI issues Directions on The Choundeshwari Sahakari Bank Ltd., Ichalkaranji, Kolhapur, Maharashtra
The Reserve Bank of India has issued certain Directions to The Choundeshwari Sahakari Bank Ltd., Ichalkaranji, Kolhapur, Maharashtra in exercise of 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. As per the directions a copy of which is displayed on the bank's premises for perusal by interested members of the public, the bank
The Reserve Bank of India has issued certain Directions to The Choundeshwari Sahakari Bank Ltd., Ichalkaranji, Kolhapur, Maharashtra in exercise of 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. As per the directions a copy of which is displayed on the bank's premises for perusal by interested members of the public, the bank
ಸೆಪ್ಟೆಂ 03, 2014
RBI cancels Licence of The Merchant’s Co-operative Bank Ltd., Dist. Dhule, Maharashtra
The Reserve Bank of India has, on August 27, 2014, cancelled the licence of The Merchant’s Co-operative Bank Ltd., Dist. Dhule, 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' as defined in Section 5(b) of the Banking Regulation Act, 1949 (As app
The Reserve Bank of India has, on August 27, 2014, cancelled the licence of The Merchant’s Co-operative Bank Ltd., Dist. Dhule, 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' as defined in Section 5(b) of the Banking Regulation Act, 1949 (As app
ಆಗ 28, 2014
RBI cancels Certificate of Registration of M/s Bambino Finance Private Ltd., Hyderabad
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (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. & Date Date of cancellation 1. M/s Bambino Finance Private Ltd. 3-6, Road No.15, Saroornagar, Hyderabad-500035 B-09.00281 September 20, 2005 July 23, 2
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (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. & Date Date of cancellation 1. M/s Bambino Finance Private Ltd. 3-6, Road No.15, Saroornagar, Hyderabad-500035 B-09.00281 September 20, 2005 July 23, 2
ಆಗ 22, 2014
Shatabdi Mahila Sahakari Bank Ltd., District -Thane (Maharashtra) under RBI Directions
Effective close of business on August 20, 2014, the Reserve Bank of India has issued certain Directions to Shatabdi Mahila Sahakari Bank Ltd., District -Thane (Maharashtra). Under the directions, depositors will be allowed to withdraw only ` 1,000/- (Rupees one thousand only) of the total balance in every savings bank or current account or any other deposit account. The bank has also been restrained from granting or renewing any loans and advances, making any investme
Effective close of business on August 20, 2014, the Reserve Bank of India has issued certain Directions to Shatabdi Mahila Sahakari Bank Ltd., District -Thane (Maharashtra). Under the directions, depositors will be allowed to withdraw only ` 1,000/- (Rupees one thousand only) of the total balance in every savings bank or current account or any other deposit account. The bank has also been restrained from granting or renewing any loans and advances, making any investme
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