Press Releases - Regulating Co-operative Banking - ಆರ್ಬಿಐ - Reserve Bank of India
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ಏಪ್ರಿ 17, 2020
Reserve Bank of India cancels the licence of The Mapusa Urban Co-operative Bank of Goa Ltd., Goa
The Reserve Bank of India (RBI) has, vide order dated April 16, 2020 cancelled the licence of The Mapusa Urban Co-operative Bank of Goa Ltd., Goa, to carry on banking business, with effect from the close of business on April 16, 2020. The Central Registrar of Co-operative Societies, Government of India 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
The Reserve Bank of India (RBI) has, vide order dated April 16, 2020 cancelled the licence of The Mapusa Urban Co-operative Bank of Goa Ltd., Goa, to carry on banking business, with effect from the close of business on April 16, 2020. The Central Registrar of Co-operative Societies, Government of India 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
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ಏಪ್ರಿ 16, 2020
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Bhagyodaya Friends Urban Co-operative Bank Ltd., Warud, Distt. Amravati, Maharashtra - Extension of Period
Reserve Bank of India, in the public interest, had issued Directions to Bhagyodaya Friends Urban Co-operative Bank Ltd., Warud, Distt. Amravati, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A of the Banking Regulation Act, 1949 (AACS) read with Section 56 of the Banking Regulation Act, 1949 from the close of business on January 17, 2019. Reserve Bank of India has now further extended the Directions for a period of two months up to
Reserve Bank of India, in the public interest, had issued Directions to Bhagyodaya Friends Urban Co-operative Bank Ltd., Warud, Distt. Amravati, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A of the Banking Regulation Act, 1949 (AACS) read with Section 56 of the Banking Regulation Act, 1949 from the close of business on January 17, 2019. Reserve Bank of India has now further extended the Directions for a period of two months up to
ಏಪ್ರಿ 15, 2020
Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS) - Dr. Shivajirao Patil Nilangekar Urban Co-operative Bank Ltd., Nilanga, Distt. Latur, Maharashtra - Extension of Period
Reserve Bank of India, in the public interest, had issued directions to Dr. Shivajirao Patil Nilangekar Urban Co-operative Bank Ltd., Nilanga, Distt. Latur, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A of the Banking Regulation Act, 1949 (AACS) read with Section 56 of the Banking Regulation Act, 1949 from the close of business on February 16, 2019. Reserve Bank of India has now further extended the directions for a period of two
Reserve Bank of India, in the public interest, had issued directions to Dr. Shivajirao Patil Nilangekar Urban Co-operative Bank Ltd., Nilanga, Distt. Latur, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A of the Banking Regulation Act, 1949 (AACS) read with Section 56 of the Banking Regulation Act, 1949 from the close of business on February 16, 2019. Reserve Bank of India has now further extended the directions for a period of two
ಏಪ್ರಿ 15, 2020
Directions under Section 35 A 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 DCBS.CO.BSD-1/D-5/12.22.039/2017-18 dated April 17, 2018 from the close of business on April 17, 2018 for a period of six months. The validity of the above directions were extended from time to time, the last being vide Directive DCBR.CO.AID.No.D-27/12.22.039/2019-20 dated October 15, 2019 up to April 17, 2020. 2. It is hereby notified for the information of the public that, the Reserve
The City Co-operative Bank Ltd., Mumbai was placed under directions vide directive DCBS.CO.BSD-1/D-5/12.22.039/2017-18 dated April 17, 2018 from the close of business on April 17, 2018 for a period of six months. The validity of the above directions were extended from time to time, the last being vide Directive DCBR.CO.AID.No.D-27/12.22.039/2019-20 dated October 15, 2019 up to April 17, 2020. 2. It is hereby notified for the information of the public that, the Reserve
ಏಪ್ರಿ 08, 2020
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - The Mudhol Co-operative Bank Limited, Dist. Bagalkot, Karnataka - Extension of Period
The Reserve Bank of India had issued All Inclusive Directions to The Mudhol Co-operative Bank Limited, Mudhol, Dist. Bagalkot, Karnataka under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DCBS.CO.BSD III.D-11/12.23.094/2018-19 dated April 02, 2019, the validity of which was last extended vide Directive DCBR.CO.AID.No.D-22/12.23.094/2019-20 dated October 01, 2019 up to April 7, 2020. 2. The Reserve Bank of India is satisfied that
The Reserve Bank of India had issued All Inclusive Directions to The Mudhol Co-operative Bank Limited, Mudhol, Dist. Bagalkot, Karnataka under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DCBS.CO.BSD III.D-11/12.23.094/2018-19 dated April 02, 2019, the validity of which was last extended vide Directive DCBR.CO.AID.No.D-22/12.23.094/2019-20 dated October 01, 2019 up to April 7, 2020. 2. The Reserve Bank of India is satisfied that
ಏಪ್ರಿ 01, 2020
Directions under Section 35 A of Banking Regulation Act 1949 (AACS)- Hindu Cooperative Bank Limited, Pathankot, Punjab - Extension
Hindu Cooperative Bank Limited, Pathankot, Punjab was placed under All-Inclusive Directions in the public interest under sub-section (1) of Section 35 A of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies) read with Section 56 of the Banking Regulation Act, 1949 with effect from close of business on March 25, 2019 vide Directive DCBS.CO.BSD-IV/D-9/12.28.311/2018-19 dated March 13, 2019 (A). The Directions were partially modified vide Directive
Hindu Cooperative Bank Limited, Pathankot, Punjab was placed under All-Inclusive Directions in the public interest under sub-section (1) of Section 35 A of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies) read with Section 56 of the Banking Regulation Act, 1949 with effect from close of business on March 25, 2019 vide Directive DCBS.CO.BSD-IV/D-9/12.28.311/2018-19 dated March 13, 2019 (A). The Directions were partially modified vide Directive
ಮಾರ್ಚ್ 31, 2020
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 35 A 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 two months from April 01, 2020 to May 31, 2020, subject to review. The Directions stipulate certa
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 35 A 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 two months from April 01, 2020 to May 31, 2020, subject to review. The Directions stipulate certa
ಮಾರ್ಚ್ 31, 2020
Directions under Section 35 A 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 UBD.CO.BSD.I.No.D-34/12.22.035/2013-14 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 vide Directive DoR. CO.AID/No.D-52/12.22.035/2019-20 dated January 29, 2020 and is valid up to March 31, 2020 subject to review. 2. It is hereby notified for the informatio
The CKP Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions vide directive UBD.CO.BSD.I.No.D-34/12.22.035/2013-14 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 vide Directive DoR. CO.AID/No.D-52/12.22.035/2019-20 dated January 29, 2020 and is valid up to March 31, 2020 subject to review. 2. It is hereby notified for the informatio
ಮಾರ್ಚ್ 31, 2020
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. 2. 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 th
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. 2. 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 th
ಮಾರ್ಚ್ 26, 2020
Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS) - U. P. Civil Secretariat Primary Co- operative Bank Ltd., Lucknow
The Reserve Bank of India (RBI) has extended the Directions issued to the U. P. Civil Secretariat Primary Co-operative Bank Ltd., Lucknow for a further period of six months from March 26, 2020 to September 25, 2020, subject to review. The bank has been under directions since September 25, 2018 vide directive DCBS.CO.BSD-IV/D-1/12.28.029/2018-19 dated September 19, 2018 issued under sub-section (1) of Section 35 A of the Banking Regulation Act, 1949 (AACS). The validit
The Reserve Bank of India (RBI) has extended the Directions issued to the U. P. Civil Secretariat Primary Co-operative Bank Ltd., Lucknow for a further period of six months from March 26, 2020 to September 25, 2020, subject to review. The bank has been under directions since September 25, 2018 vide directive DCBS.CO.BSD-IV/D-1/12.28.029/2018-19 dated September 19, 2018 issued under sub-section (1) of Section 35 A of the Banking Regulation Act, 1949 (AACS). The validit
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