Press Releases - Regulating Co-operative Banking - ಆರ್ಬಿಐ - Reserve Bank of India
ಪತ್ರಿಕಾ ಪ್ರಕಟಣೆಗಳು
ಜನವರಿ 03, 2020
Withdrawal of All Inclusive Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) - Amanath Co-operative Bank Ltd., Bengaluru
Reserve Bank of India, in the public interest, had issued Directions to Amanath Co-operative Bank Limited, Bengaluru in exercise of powers vested in under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) from the close of business on April 01, 2013. Directions imposed were extended and modified from time to time, last being extended up to January 4, 2020. Reserve Bank of India on being satisfied that in th
Reserve Bank of India, in the public interest, had issued Directions to Amanath Co-operative Bank Limited, Bengaluru in exercise of powers vested in under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) from the close of business on April 01, 2013. Directions imposed were extended and modified from time to time, last being extended up to January 4, 2020. Reserve Bank of India on being satisfied that in th
ಡಿಸೆಂ 31, 2019
Guidelines on constituting Board of Management in Primary (Urban) Cooperative Banks
To bring improvement in the governance and functioning of UCBs, a new organization structure consisting of a Board of Management (BoM), in addition to the Board of Directors (BoD), was suggested by the Expert Committee on Licensing of New Urban Co-operative Banks, 2011 (Chairman: Shri Y. H. Malegam). This was reiterated by the High Powered Committee on Urban Cooperative Banks, 2015 (Chairman: Shri R. Gandhi). The Reserve Bank placed the report of the High Powered Comm
To bring improvement in the governance and functioning of UCBs, a new organization structure consisting of a Board of Management (BoM), in addition to the Board of Directors (BoD), was suggested by the Expert Committee on Licensing of New Urban Co-operative Banks, 2011 (Chairman: Shri Y. H. Malegam). This was reiterated by the High Powered Committee on Urban Cooperative Banks, 2015 (Chairman: Shri R. Gandhi). The Reserve Bank placed the report of the High Powered Comm
ಡಿಸೆಂ 30, 2019
RBI releases draft circular on Limits on Exposure to Single and Group Borrowers/Parties and Large Exposures and Revision in Priority Sector Lending Targets for UCBs
The Reserve Bank of India today released draft circular on limits on exposure to single and group borrowers/parties, large exposures and revision in priority sector lending targets for primary (urban) co-operative banks (UCBs) for feedback/ suggestions. The circular stipulates that the prudential exposure limits for UCBs for a single borrower/party and a group of connected borrowers/parties shall be 10% and 25%, respectively, of their Tier I capital and that at least
The Reserve Bank of India today released draft circular on limits on exposure to single and group borrowers/parties, large exposures and revision in priority sector lending targets for primary (urban) co-operative banks (UCBs) for feedback/ suggestions. The circular stipulates that the prudential exposure limits for UCBs for a single borrower/party and a group of connected borrowers/parties shall be 10% and 25%, respectively, of their Tier I capital and that at least
ಡಿಸೆಂ 30, 2019
Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS) - The Maratha Sahakari Bank Ltd, Mumbai, Maharashtra
The Maratha Sahakari Bank Ltd, Mumbai, Maharashtra, was placed under directions from close of business on August 31, 2016 vide directive No.DCBS.CO.BSD-I.No.D-4/12.22.141/2016-17 dated August 31, 2016. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive DCBR.CO.AID.No.D-20/12.22.140/2019-20 dated September 25, 2019 and is valid upto December 31, 2019 subject to review. 2. It is hereby notified for the info
The Maratha Sahakari Bank Ltd, Mumbai, Maharashtra, was placed under directions from close of business on August 31, 2016 vide directive No.DCBS.CO.BSD-I.No.D-4/12.22.141/2016-17 dated August 31, 2016. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive DCBR.CO.AID.No.D-20/12.22.140/2019-20 dated September 25, 2019 and is valid upto December 31, 2019 subject to review. 2. It is hereby notified for the info
ಡಿಸೆಂ 24, 2019
Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS) - Shri Anand Co-operative Bank Ltd., Chinchawad, Pune, Maharashtra
Shri Anand Co-operative Bank Ltd., Chinchawad, Pune, Maharashtra, was placed under directions from close of business on June 25, 2019, vide Directive No. DCBS.CO.BSD-I/D-16/12.22.474/2018-19 dated June 21, 2019, for a period of six months. 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 read with Section 56 of the Banking Regulation Act, 1949, hereby di
Shri Anand Co-operative Bank Ltd., Chinchawad, Pune, Maharashtra, was placed under directions from close of business on June 25, 2019, vide Directive No. DCBS.CO.BSD-I/D-16/12.22.474/2018-19 dated June 21, 2019, for a period of six months. 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 read with Section 56 of the Banking Regulation Act, 1949, hereby di
ಡಿಸೆಂ 03, 2019
Directions under Section 35 A read with Section 56 of the BR Act (AACS), 1949 - Kerala Mercantile Co-operative Bank Ltd., Kozhikode, Kerala - Extension of period
The Reserve Bank of India issued Directions to the Kerala Mercantile Co-operative Bank Ltd., Kozhikode, Kerala under Section 35 A read with Section 56 of the BR Act (AACS), 1949 vide Directive DCBS.CO.PCC.D-15/12.26.058/2018-19 dated May 29, 2019, from close of business on June 04, 2019 for a period of six months. The Reserve Bank of India has reviewed the financial position of the said bank and considers it necessary in public interest to extend the aforesaid directi
The Reserve Bank of India issued Directions to the Kerala Mercantile Co-operative Bank Ltd., Kozhikode, Kerala under Section 35 A read with Section 56 of the BR Act (AACS), 1949 vide Directive DCBS.CO.PCC.D-15/12.26.058/2018-19 dated May 29, 2019, from close of business on June 04, 2019 for a period of six months. The Reserve Bank of India has reviewed the financial position of the said bank and considers it necessary in public interest to extend the aforesaid directi
ಡಿಸೆಂ 02, 2019
Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS) - Rupee Co-operative Bank Ltd, Pune, Maharashtra
Rupee Co-operative Bank Ltd, Pune, Maharashtra, was placed under directions vide directive UBD.CO.BSD-I/D-28/12.22.218/2012-13 dated February 21, 2013 from close of business on February 22, 2013. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive DCBR.CO.AID./No,D-12/12.22.218/2019-20 dated August 28, 2019 and was valid up to November 30, 2019, subject to review. 2. It is hereby notified for the informati
Rupee Co-operative Bank Ltd, Pune, Maharashtra, was placed under directions vide directive UBD.CO.BSD-I/D-28/12.22.218/2012-13 dated February 21, 2013 from close of business on February 22, 2013. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive DCBR.CO.AID./No,D-12/12.22.218/2019-20 dated August 28, 2019 and was valid up to November 30, 2019, subject to review. 2. It is hereby notified for the informati
ನವೆಂ 29, 2019
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
ನವೆಂ 26, 2019
Nesargi Urban Co-operative Bank Limited, Nesargi, Karnataka - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 0.20 lakh (Rupees twenty thousand only) on Nesargi Urban Co-operative Bank Limited, Nesargi, 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 non-submission of the returns under Section 27(2) of the Banking Regulation Act, 1949 (AACS). The Reserve Bank of India had is
The Reserve Bank of India has imposed a monetary penalty of ₹ 0.20 lakh (Rupees twenty thousand only) on Nesargi Urban Co-operative Bank Limited, Nesargi, 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 non-submission of the returns under Section 27(2) of the Banking Regulation Act, 1949 (AACS). The Reserve Bank of India had is
ನವೆಂ 26, 2019
Krishna Pattana Sahakar Bank Niyamitha, Shahpur, Karnataka - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 0.40 lakh (Rupees forty thousand only) on Krishna Pattana Sahakar Bank Niyamitha, Shahpur, 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 non-submission of the returns under Section 27 (2) of the Banking Regulation Act, 1949 (AACS). The Reserve Bank of India had iss
The Reserve Bank of India has imposed a monetary penalty of ₹ 0.40 lakh (Rupees forty thousand only) on Krishna Pattana Sahakar Bank Niyamitha, Shahpur, 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 non-submission of the returns under Section 27 (2) of the Banking Regulation Act, 1949 (AACS). The Reserve Bank of India had iss
ನವೆಂ 26, 2019
Ron Taluka Primary Teachers' Co-operative Credit Bank Limited, Ron, Karnataka - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 0.20 lakh (Rupees twenty thousand only) on Ron Taluka Primary Teachers' Co-operative Credit Bank Limited, Ron, 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 non-submission of the returns under Section 27 (2) of the Banking Regulation Act, 1949 (AACS). The Reserve B
The Reserve Bank of India has imposed a monetary penalty of ₹ 0.20 lakh (Rupees twenty thousand only) on Ron Taluka Primary Teachers' Co-operative Credit Bank Limited, Ron, 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 non-submission of the returns under Section 27 (2) of the Banking Regulation Act, 1949 (AACS). The Reserve B
ನವೆಂ 19, 2019
RBI imposes monetary penalty on The Konark Urban Co-operative Bank Limited, Thane, Maharashtra
The Reserve Bank of India has imposed a monetary penalty of ₹ 4.00 lakh (Rupees four lakh only) on The Konark Urban Co-operative Bank Limited, Thane, Maharashtra in exercise of the powers vested in it under the provisions of Section 47A (1) (b) read with Section 46 (4) (i) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violations of the instructions / guidelines of the Reserve Bank of India relating to Director Related Loans. The Re
The Reserve Bank of India has imposed a monetary penalty of ₹ 4.00 lakh (Rupees four lakh only) on The Konark Urban Co-operative Bank Limited, Thane, Maharashtra in exercise of the powers vested in it under the provisions of Section 47A (1) (b) read with Section 46 (4) (i) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violations of the instructions / guidelines of the Reserve Bank of India relating to Director Related Loans. The Re
ನವೆಂ 18, 2019
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Mapusa Urban Co-operative Bank of Goa Ltd. - Extension of Period of Directions
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Mapusa Urban Co-Operative Bank of Goa Ltd., Goa vide Directive DCBS.CO.BSD-I No.D-06/12.22.156/2015-16 dated July 24, 2015, as modified from time to time, last being vide Directive DCBR.CO. AID/D-08/12.22.156/2019-20 dated August 13, 2019 which extended the Directions upto November 18, 2019. The Reserve Bank of India is satisfied that in the pu
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Mapusa Urban Co-Operative Bank of Goa Ltd., Goa vide Directive DCBS.CO.BSD-I No.D-06/12.22.156/2015-16 dated July 24, 2015, as modified from time to time, last being vide Directive DCBR.CO. AID/D-08/12.22.156/2019-20 dated August 13, 2019 which extended the Directions upto November 18, 2019. The Reserve Bank of India is satisfied that in the pu
ನವೆಂ 08, 2019
Millath Co-operative Bank Ltd., Davangere - Extension of All Inclusive Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS)
It is hereby notified for information of public that the Reserve Bank of India is satisfied that, in the public interest, it is necessary to extend the period of operation of Directive DCBS.CO.BSD-III.No.D-12/12.23.096/2018-19 dated April 26, 2019, issued to Millath Co-operative Bank Ltd., Davangere, Karnataka. Accordingly, 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 (As Applica
It is hereby notified for information of public that the Reserve Bank of India is satisfied that, in the public interest, it is necessary to extend the period of operation of Directive DCBS.CO.BSD-III.No.D-12/12.23.096/2018-19 dated April 26, 2019, issued to Millath Co-operative Bank Ltd., Davangere, Karnataka. Accordingly, 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 (As Applica
ನವೆಂ 08, 2019
Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS) read with Section 56 of Banking Regulation Act, 1949 - Sikar Urban Co-operative Bank Ltd, Sikar, Rajasthan - Extension of validity
Sikar Urban Co-operative Bank Ltd., Sikar, Rajasthan was placed under Directions from close of business on November 09, 2018 for a period of six months subject to review, vide Directive dated October 26, 2018. The validity of the directions was last extended vide Directive dated May 2, 2019 for six months up to November 9, 2019, subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in i
Sikar Urban Co-operative Bank Ltd., Sikar, Rajasthan was placed under Directions from close of business on November 09, 2018 for a period of six months subject to review, vide Directive dated October 26, 2018. The validity of the directions was last extended vide Directive dated May 2, 2019 for six months up to November 9, 2019, subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in i
ನವೆಂ 06, 2019
Directions under Section 35 A read with Section 56 of the BR Act (AACS), 1949- The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala- Extension of period
The Reserve Bank of India issued Directions to The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala under Section 35 A read with Section 56 of the BR Act (AACS), 1949 vide Directive DCBS.CO.PCC D-4/12.26.004/2018-19 dated November 02, 2018, from close of business on November 9, 2018 for a period of six months, which were last extended vide the Directive DCBR.CO.AID/No.D-43/12.26. 004/2018-19 dated May 03, 2019 for a further period of six months up to November 09, 2019
The Reserve Bank of India issued Directions to The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala under Section 35 A read with Section 56 of the BR Act (AACS), 1949 vide Directive DCBS.CO.PCC D-4/12.26.004/2018-19 dated November 02, 2018, from close of business on November 9, 2018 for a period of six months, which were last extended vide the Directive DCBR.CO.AID/No.D-43/12.26. 004/2018-19 dated May 03, 2019 for a further period of six months up to November 09, 2019
ನವೆಂ 05, 2019
Reserve Bank of India imposes monetary penalty on The Mehsana Urban Co-operative Bank Ltd., Mehsana, Gujarat
The Reserve Bank of India (RBI) has, by order dated November 04, 2019, imposed monetary penalty of ₹5 Crore on The Mehsana Urban Co-operative Bank Ltd., Mehsana, Gujarat (the bank) for contravention of the directions issued by RBI on ‘Loans and Advances to Directors, Relatives and Firms/Concerns in which they are Interested’, and non-compliance with the Master Directions on ‘Know Your Customer (KYC)’. The penalty has been imposed in exercise of powers vested in RBI un
The Reserve Bank of India (RBI) has, by order dated November 04, 2019, imposed monetary penalty of ₹5 Crore on The Mehsana Urban Co-operative Bank Ltd., Mehsana, Gujarat (the bank) for contravention of the directions issued by RBI on ‘Loans and Advances to Directors, Relatives and Firms/Concerns in which they are Interested’, and non-compliance with the Master Directions on ‘Know Your Customer (KYC)’. The penalty has been imposed in exercise of powers vested in RBI un
ನವೆಂ 05, 2019
Reserve Bank enhances withdrawal limit for depositors of Punjab and Maharashtra Cooperative Bank Ltd. to ₹ 50,000/-
It may be recalled that the Reserve Bank of India on October 14, 2019 had permitted the depositors of Punjab and Maharashtra Cooperative (PMC) Bank Ltd. to withdraw up to ₹ 40,000/- (Rupees Forty Thousand Only) of the total balance in their accounts. The Reserve Bank of India, after reviewing the bank’s liquidity position and its ability to pay its depositors has decided to further enhance the limit for withdrawal to ₹ 50,000/- (Rupees Fifty Thousand only), inclusive
It may be recalled that the Reserve Bank of India on October 14, 2019 had permitted the depositors of Punjab and Maharashtra Cooperative (PMC) Bank Ltd. to withdraw up to ₹ 40,000/- (Rupees Forty Thousand Only) of the total balance in their accounts. The Reserve Bank of India, after reviewing the bank’s liquidity position and its ability to pay its depositors has decided to further enhance the limit for withdrawal to ₹ 50,000/- (Rupees Fifty Thousand only), inclusive
ಅಕ್ಟೋ 31, 2019
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - Madgaum Urban Cooperative Bank Ltd., Margao, Goa - Extension of Period of Directions and relaxation in withdrawal limit
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Madgaum Urban Cooperative Bank Ltd., Margao, Goa vide Directive DCBS.CO.BSD-I/D-13/12.22.158/2018-19 dated April 26, 2019 from close of business on May 02, 2019 valid upto November 02, 2019. In terms of the existing Directions, among other conditions, a sum not exceeding ₹ 5,000/- of the total balance in every savings bank or current account or any
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Madgaum Urban Cooperative Bank Ltd., Margao, Goa vide Directive DCBS.CO.BSD-I/D-13/12.22.158/2018-19 dated April 26, 2019 from close of business on May 02, 2019 valid upto November 02, 2019. In terms of the existing Directions, among other conditions, a sum not exceeding ₹ 5,000/- of the total balance in every savings bank or current account or any
ಅಕ್ಟೋ 31, 2019
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 DCBR.CO.AID/No.D-19/12.22.035/2019-20 dated September 25, 2019 and was valid up to October 31, 2019 subject to review. It is hereby notified for the informat
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 DCBR.CO.AID/No.D-19/12.22.035/2019-20 dated September 25, 2019 and was valid up to October 31, 2019 subject to review. It is hereby notified for the informat
ಪೇಜ್ ಕೊನೆಯದಾಗಿ ಅಪ್ಡೇಟ್ ಆದ ದಿನಾಂಕ: ನವೆಂಬರ್ 21, 2024