സൂപ്പർവൈസറി ആക്ഷൻ ഫ്രെയിംവർക്കിന് (എസ്.എ.എഫ്) കീഴിൽ ആർബിഐ പുറപ്പെടുവിച്ച നിർദ്ദിഷ്ട നിർദ്ദേശങ്ങൾ, യു.സി.ബി.കളുടെ വായ്പാ ക്രമീകരണം, നിങ്ങളുടെ ഉപഭോക്താവിനെ അറിയുക (കെ.വൈ.സി) - 2016 എന്നീ വിഷയങ്ങളിൽ   റിസർവ് ബാങ്ക് പുറപ്പെടുവിച്ച മാർഗ്ഗ നിർദ്ദേശങ്ങൾ എന്നിവ പാലിക്കാത്തതിന് 2024 ജനുവരി 8-ലെ ഉത്തരവു പ്രകാരം മഹാരാഷ്ട്ര അമരാവതിയിലെ ഡോ.പഞ്ചാബ് റാവു ദേശ്‌മുഖ് അർബൻ കോ-ഓപ്പറേറ്റീവ് ബാങ്ക് ലിമിറ്റഡിനുമേൽ (ബാങ്ക്) ഭാരതീയ റിസർവ് ബാങ്ക് (ആർ.ബി.ഐ) 5,00,000/-രൂപ (അഞ്ചു ലക്ഷം രൂപ മാത്രം)  പിഴ ചുമത്തി. 1949-ലെ ബാങ്കിംഗ് റെഗുലേഷൻ ആക്ടിലെ സെക്ഷൻ 47എ(1)(സി), എന്നിവയ്‌ക്കൊപ്പം സെക്ഷൻ 46(4)(i),  56 എന്നീ വകുപ്പുകൾ പ്രകാരം ആർ. ബി.ഐ.യിൽ നിക്ഷിപ്തമായിട്ടുള്ള അധികാരങ്ങൾ ഉപയോഗിച്ചാണ് ഈ പിഴ ചുമത്തിയിരിക്കുന്നത്.

'ഡയറക്ടർമാർക്കും അവരുടെ ബന്ധുക്കൾക്കും, അവർക്ക് താൽപ്പര്യമുള്ള സ്ഥാപനങ്ങൾക്കും വായ്പകളും അഡ്വാൻസും' 'ബോർഡ് ഓഫ് ഡയറക്ടർമാർ - യുസിബികൾ', ‘എക്‌സ്‌പോഷർ മാനദണ്ഡങ്ങളും നിയമാനുസൃത/മറ്റ് നിയന്ത്രണങ്ങളും - യുസിബികൾ', എന്ന വിഷയത്തിൽ ആർ.ബി.ഐ പുറപ്പെടുവിച്ച നിർദ്ദേശങ്ങൾ, സൂപ്പർവൈസറി ആക്ഷൻ ഫ്രെയിംവർക്കിന് (എസ്.എ.എഫ്) കീഴിൽ ആർ.ബി.ഐ പുറപ്പെടുവിച്ച നിർദ്ദിഷ്ട നിർദ്ദേശങ്ങൾ എന്നീ വസ്തുതകളിൽ റിസർവ് ബാങ്കിന്റെ മാർഗ്ഗരേഖകൾ പാലിക്കാത്തതിന് 2024 ജനുവരി 8-ലെ ഉത്തരവു പ്രകാരം മഹാരാഷ്ട്ര, സോലാപ്പൂർ, കോളെയിലെ കൃഷിസേവാ

The Reserve Bank of India (RBI) has, by an order dated December 26, 2023, imposed, a monetary penalty of ₹10.00 lakh (Rupees Ten lakh only) on The Patdi Nagarik Sahakari Bank Limited, Patdi, Dist. Surendranagar, Gujarat (the bank) for non-compliance with the directions issued by RBI on ‘Donations to Trusts and Institutions where Directors, their relatives hold position or are interested’, ‘Loans and Advances to directors, relatives and firms/concerns in which they are Interested’ read with ‘Loans and Advances to directors etc. - directors as surety/guarantors – Clarification’, ‘Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs)’ and ‘Reserve Bank of India (Co-operative Banks - Interest Rate on Deposits) Directions, 2016’. This penalty has been imposed in exercise of powers conferred on RBI under section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

The Reserve Bank of India (RBI) has, by an order dated December 22, 2023, imposed a monetary penalty of ₹2.00 lakh (Rupees Two lakh only) on The Idar Nagarik Sahakari Bank Limited, Idar, Dist. Sabarkantha, Gujarat (the bank) for non-compliance with the directions issued by RBI on ‘Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs)’. This penalty has been imposed in exercise of powers conferred on RBI under section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

The Reserve Bank of India (RBI) has, by an order dated December 29, 2023, imposed a monetary penalty of ₹7.00 lakh (Rupees Seven lakh only) on Mehsana Nagrik Sahakari Bank Limited, Mehsana, Gujarat (the bank) for non-compliance with the directions issued by RBI on ‘Loans and Advances to directors, relatives and firms/concerns in which they are Interested’ read with ‘Loans and Advances to directors etc. - directors as surety/guarantors – Clarification’, ‘Reserve Bank of India (Co-operative Banks - Interest Rate on Deposits) Directions, 2016’ and contravention of the provisions of section 26A (2) read with section 56 of the Banking Regulation Act, 1949 (BR Act).

The Reserve Bank of India (RBI) has, by an order dated December 19, 2023, imposed a monetary penalty of ₹50,000/- (Rupees Fifty thousand only) on The Stambhadri Co-operative Urban Bank Ltd., Khammam, Telangana (the bank) for non-compliance with the directions issued by RBI on ‘Board of Directors - UCBs’ read with the directions issued by RBI on ‘Loans and advances to directors, their relatives, and firms/concerns in which they are interested’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4) (i) and 56 of the Banking Regulation Act, 1949.

The Reserve Bank of India (RBI) has, by an order dated December 14, 2023 imposed a monetary penalty of ₹7.00 lakh (Rupees Seven lakh only) on Navsarjan Industrial Co-operative Bank Ltd., Ankleshwar, dist. Bharuch, Gujarat (the bank) for non-compliance with the directions issued by RBI on ‘Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs)’, ‘Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016’ and contravention of ‘Section 26A (2) read with Section 56 of the Banking Regulation Act, 1949 (BR Act)’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the BR Act.

The Reserve Bank of India (RBI) has, by an order dated December 14, 2023, imposed a monetary penalty of ₹2.00 lakh (Rupees Two lakh only) on The Halol Urban Co-operative Bank Ltd., Panchmahal, Gujarat (the bank) for non-compliance with the directions issued by RBI on ‘Loans and Advances to directors, relatives and firms/concerns in which they are Interested’ read with ‘Loans and Advances to Directors etc. - Directors as surety/guarantors – Clarification’, ‘Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs)’ and ‘(Co-operative Banks - Interest Rate on Deposits) Directions, 2016’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

The Reserve Bank of India (RBI) has, by an order dated December 19, 2023, imposed a monetary penalty of ₹25,000/- (Rupees Twenty Five thousand only) on The Subramanianagar Co-operative Urban Bank Ltd., Salem, Tamil Nadu (the bank) for non-compliance with the directions issued by RBI on ‘Board of Directors - UCBs’ read with the directions issued by RBI on ‘Loans and advances to directors, their relatives, and firms/concerns in which they are interested’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949 (AACS).

The Reserve Bank of India (RBI) has, by an order dated December 13, 2023, imposed a monetary penalty of ₹3.00 lakh (Rupees Three lakh only) on The Mehsana Jilla Panchayat Karmachari Co-operative Bank Ltd., Mehsana, Gujarat (the bank) for non-compliance with the directions issued by RBI on ‘Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs)’ and contravention of provisions of Section 26A(2) read with Section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the BR Act.