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നവം 02, 2002
Nedungadi Bank under Moratorium
On an application of the Reserve Bank of India, the Central Government has today issued an Order of Moratorium in respect of the Nedungadi Bank Ltd. The Order of Moratorium has been passed by the Central government in the public interest, in the interest of depositors and the banking system. The moratorium will be from the close of business on November 2, 2002 upto and including February 1, 2003. During this period, the Reserve Bank of India will consider the various
On an application of the Reserve Bank of India, the Central Government has today issued an Order of Moratorium in respect of the Nedungadi Bank Ltd. The Order of Moratorium has been passed by the Central government in the public interest, in the interest of depositors and the banking system. The moratorium will be from the close of business on November 2, 2002 upto and including February 1, 2003. During this period, the Reserve Bank of India will consider the various
ഒക്ടോ 24, 2002
RBI cancels licence of Mother Theresa Hyderabad Co-operative Urban Bank Ltd.
The Reserve Bank of India has cancelled the licence of The Mother Theresa Hyderabad Co-operative Urban Bank Ltd., Narayanaguda, Andhra Pradesh to carry on banking business. The bank is precluded from transacting the business of ‘banking’ as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or ot
The Reserve Bank of India has cancelled the licence of The Mother Theresa Hyderabad Co-operative Urban Bank Ltd., Narayanaguda, Andhra Pradesh to carry on banking business. The bank is precluded from transacting the business of ‘banking’ as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or ot
ഒക്ടോ 01, 2002
RBI rejects licence application of Manamadurai Co-operative Urban Bank Ltd.
The Reserve Bank of India has rejected the licence application of the Manamadurai Co-operative Urban Bank Ltd., Manamadurai, Tamil Nadu to carry on banking business. The bank is precluded from transacting the business of `banking' as defined in the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) and it will not be in order for it, among other things, to accept deposits from public and allow withdrawal by cheques, draft, order or otherwise.P.V. S
The Reserve Bank of India has rejected the licence application of the Manamadurai Co-operative Urban Bank Ltd., Manamadurai, Tamil Nadu to carry on banking business. The bank is precluded from transacting the business of `banking' as defined in the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) and it will not be in order for it, among other things, to accept deposits from public and allow withdrawal by cheques, draft, order or otherwise.P.V. S
സെപ്റ്റം 09, 2002
RBI cancels licence of Armoor co-operative Urban Bank Ltd.
The Reserve Bank of India has cancelled the licence of Armoor Co-operative Urban Bank Ltd., Armoor, Andhra Pradesh to carry on banking business. The bank is precluded from transacting the business of ‘banking’ as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.P.V. Sadanandan Mana
The Reserve Bank of India has cancelled the licence of Armoor Co-operative Urban Bank Ltd., Armoor, Andhra Pradesh to carry on banking business. The bank is precluded from transacting the business of ‘banking’ as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.P.V. Sadanandan Mana
ഓഗ 26, 2002
RBI cancels licence of The Maa Sharda Mahila Nagari Sahakari Bank Ltd.
The Reserve Bank of India has cancelled the licence of The Maa Sharda Mahila Nagari Sahakari Bank Ltd., Akola, Maharashtra to carry on banking business. The bank is precluded from transacting the business of ‘banking’ as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.P.V. Sadanan
The Reserve Bank of India has cancelled the licence of The Maa Sharda Mahila Nagari Sahakari Bank Ltd., Akola, Maharashtra to carry on banking business. The bank is precluded from transacting the business of ‘banking’ as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.P.V. Sadanan
ഓഗ 17, 2002
Banking Licence rejected
The Reserve Bank of India has rejected under Section 22 of the Banking Regulation Act, 1949 (AACS), the licence application of the District Central Co-op. Bank Ltd., Gonda, Uttar Pradesh to carry on banking business in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) and it will not be in order for it, among other things, to accept deposits from public and all
The Reserve Bank of India has rejected under Section 22 of the Banking Regulation Act, 1949 (AACS), the licence application of the District Central Co-op. Bank Ltd., Gonda, Uttar Pradesh to carry on banking business in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) and it will not be in order for it, among other things, to accept deposits from public and all
ഓഗ 14, 2002
RBI cancels licence of The Kalwa Belapur Sahakari Bank Ltd.
The Reserve Bank of India has cancelled the licence of The Kalwa Belapur Sahakari Bank Ltd., Navi Mumbai, Maharashtra to carry on banking business. The bank is precluded from transacting the business of ‘banking’ as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.Ajit Prasad Manag
The Reserve Bank of India has cancelled the licence of The Kalwa Belapur Sahakari Bank Ltd., Navi Mumbai, Maharashtra to carry on banking business. The bank is precluded from transacting the business of ‘banking’ as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.Ajit Prasad Manag
ഓഗ 10, 2002
RBI cancels licence of The Megacity Co-operative Urban Bank Ltd.
The Reserve Bank of India has cancelled the licence of The Megacity Co-operative Urban Bank Ltd., Hyderabad, Andhra Pradesh to carry on banking business in India. The bank is precluded from transacting the business of ‘banking’ as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.P
The Reserve Bank of India has cancelled the licence of The Megacity Co-operative Urban Bank Ltd., Hyderabad, Andhra Pradesh to carry on banking business in India. The bank is precluded from transacting the business of ‘banking’ as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.P
ഓഗ 07, 2002
RBI cancels licence of Shree Labh Co-operative Bank Ltd.
The Reserve Bank of India has cancelled the licence of Shree Labh Co-operative Bank Ltd., Mumbai, Maharashtra to carry on banking business in India. The bank is precluded from transacting the business of ‘banking’ as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.P V Sadanandan M
The Reserve Bank of India has cancelled the licence of Shree Labh Co-operative Bank Ltd., Mumbai, Maharashtra to carry on banking business in India. The bank is precluded from transacting the business of ‘banking’ as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.P V Sadanandan M
ജൂലൈ 11, 2002
RBI cancels licence of The Praja Co-operative Urban Bank Ltd.
The Reserve Bank of India has cancelled the licence granted to The Praja Co-operative Urban Bank Ltd., Secunderabad, Ranga Reddy Dist. (Andhra Pradesh) to carry on banking business. The bank is precluded from transacting the business of `banking' as defined in the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) and it will not be in order for it, among other things, to accept deposits from public and allow withdrawals by cheque, draft, order or
The Reserve Bank of India has cancelled the licence granted to The Praja Co-operative Urban Bank Ltd., Secunderabad, Ranga Reddy Dist. (Andhra Pradesh) to carry on banking business. The bank is precluded from transacting the business of `banking' as defined in the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) and it will not be in order for it, among other things, to accept deposits from public and allow withdrawals by cheque, draft, order or

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