Press Releases - Regulating Co-operative Banking - ആർബിഐ - Reserve Bank of India
പത്രക്കുറിപ്പുകൾ
ഡിസം 26, 2018
Ravi Commercial Urban Co-op Bank Ltd., Nagpur - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 60,000 (Rupees Sixty Thousand only) on Ravi Commercial Urban Co-op Bank Ltd., Nagpur in exercise of the powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violation of the Operational Instructions issued by RBI. The Reserve Bank of India had issued a show cause notice to the bank, in respons
The Reserve Bank of India has imposed a monetary penalty of ₹ 60,000 (Rupees Sixty Thousand only) on Ravi Commercial Urban Co-op Bank Ltd., Nagpur in exercise of the powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violation of the Operational Instructions issued by RBI. The Reserve Bank of India had issued a show cause notice to the bank, in respons
പിഡിഎഫ് (
ഡിസം 24, 2018
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Shri Ganesh Sahakari Bank Ltd., Nashik, Maharashtra - Extension of Period
Reserve Bank of India, in the public interest, had issued directions to Shri Ganesh Sahakari Bank Ltd., Nashik, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on April 01, 2013. Reserve Bank of India has now further extended the directions for a period of three months from December 30, 2018 to March 28, 2019. A copy of Directive is displayed
Reserve Bank of India, in the public interest, had issued directions to Shri Ganesh Sahakari Bank Ltd., Nashik, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on April 01, 2013. Reserve Bank of India has now further extended the directions for a period of three months from December 30, 2018 to March 28, 2019. A copy of Directive is displayed
ഡിസം 24, 2018
RBI imposes penalty on Walchandnagar Sahakari Bank Ltd., Walchandnagar, District Pune
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees five lakh only) on the Walchandnagar Sahakari Bank Ltd., Walchandnagar, District Pune in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violation of RBI directive/instructions, delayed/non-submission of compliance to various irregularities observed durin
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees five lakh only) on the Walchandnagar Sahakari Bank Ltd., Walchandnagar, District Pune in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violation of RBI directive/instructions, delayed/non-submission of compliance to various irregularities observed durin
ഡിസം 11, 2018
Reserve Bank of India imposes monetary penalty on Indian Bank
The Reserve Bank of India (RBI) has imposed, by an order dated November 30, 2018, a monetary penalty of ₹10 million on Indian Bank (the bank) for contravention of Circular on Cyber Security Framework in banks dated June 02, 2016 and Master Directions on Frauds- Classification and Reporting by Commercial Banks dated July 01, 2016 issued by RBI. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A (1) (c) read with Sectio
The Reserve Bank of India (RBI) has imposed, by an order dated November 30, 2018, a monetary penalty of ₹10 million on Indian Bank (the bank) for contravention of Circular on Cyber Security Framework in banks dated June 02, 2016 and Master Directions on Frauds- Classification and Reporting by Commercial Banks dated July 01, 2016 issued by RBI. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A (1) (c) read with Sectio
ഡിസം 06, 2018
Muzaffarnagar Jila Sahkari Bank Ltd., Muzaffarnagar, Uttar Pradesh - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹50,000/- (Rupees fifty thousand only) on Muzaffarnagar Jila Sahkari Bank Ltd., Muzaffarnagar, Uttar Pradesh in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on restriction on holding shares in other co-operative societies u/s 19 of the
The Reserve Bank of India has imposed a monetary penalty of ₹50,000/- (Rupees fifty thousand only) on Muzaffarnagar Jila Sahkari Bank Ltd., Muzaffarnagar, Uttar Pradesh in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on restriction on holding shares in other co-operative societies u/s 19 of the
ഡിസം 04, 2018
RBI imposed penalty on Dr Shivajirao Patil Nilangekar Urban Co-operative Bank Ltd., Nilanga, Maharashtra
The Reserve Bank of India has imposed a monetary penalty of ₹1,80,000/- (Rupees One Lakh Eighty Thousand only) on Dr Shivajirao Patil Nilangekar Urban Co-operative Bank Ltd., Nilanga, in exercise of powers vested in it under the provisions of Section 47A (1) (c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines relating to: Non-compliance of KYC guidelines, Not obtaining
The Reserve Bank of India has imposed a monetary penalty of ₹1,80,000/- (Rupees One Lakh Eighty Thousand only) on Dr Shivajirao Patil Nilangekar Urban Co-operative Bank Ltd., Nilanga, in exercise of powers vested in it under the provisions of Section 47A (1) (c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines relating to: Non-compliance of KYC guidelines, Not obtaining
ഡിസം 03, 2018
RBI imposed penalty on Dilip Urban Co-operative Bank Ltd., Barshi, Solapur Maharashtra
The Reserve Bank of India has imposed a monetary penalty of ₹ 2,00,000/- (Rupees Two Lakh only) on Dilip Urban Co-operative Bank Ltd., Barshi, Solapur (Maharashtra) in exercise of powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines with respect to Investment and prudential limit on Non-SLR Investment. The Reserve
The Reserve Bank of India has imposed a monetary penalty of ₹ 2,00,000/- (Rupees Two Lakh only) on Dilip Urban Co-operative Bank Ltd., Barshi, Solapur (Maharashtra) in exercise of powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines with respect to Investment and prudential limit on Non-SLR Investment. The Reserve
നവം 30, 2018
RBI extends Directions issued to Rupee Co-operative Bank Ltd., Pune
The Reserve Bank of India (vide directive dated November 27, 2018) has extended directions issued to Rupee Co-operative Bank Ltd., Pune, Maharashtra for a further period of three months from December 01, 2018 to February 28, 2019, subject to review. The directions were originally imposed from February 22, 2013 to August 21, 2013 and were extended on eight occasions for a period of six months each and six occasions for a period of three months each. The last extension
The Reserve Bank of India (vide directive dated November 27, 2018) has extended directions issued to Rupee Co-operative Bank Ltd., Pune, Maharashtra for a further period of three months from December 01, 2018 to February 28, 2019, subject to review. The directions were originally imposed from February 22, 2013 to August 21, 2013 and were extended on eight occasions for a period of six months each and six occasions for a period of three months each. The last extension
നവം 30, 2018
RBI imposed penalty on Peoples Co-operative Bank Ltd. Deulgaonraja, Buldhana
The Reserve Bank of India has imposed a monetary penalty of ₹ 75,000 (Rupees seventy five thousand only) on Peoples Co-operative Bank Ltd. Deulgaonraja, Buldhana in exercise of the powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) for violation of provisions of Section 20 of the Banking Regulation Act,1949 (As applicable to Co-operative Societies) relating
The Reserve Bank of India has imposed a monetary penalty of ₹ 75,000 (Rupees seventy five thousand only) on Peoples Co-operative Bank Ltd. Deulgaonraja, Buldhana in exercise of the powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) for violation of provisions of Section 20 of the Banking Regulation Act,1949 (As applicable to Co-operative Societies) relating
നവം 30, 2018
Directions under Section 35A 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 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 Directive dated July 23, 2018 and was valid upto November 30, 2018 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 it u
The CKP Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions vide directive 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 Directive dated July 23, 2018 and was valid upto November 30, 2018 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 it u
നവം 30, 2018
Directions under Section 35A 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 dated August 31, 2016. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive dated August 24, 2018 and was valid upto November 30, 2018 subject to review. It is hereby notified for the information of the public that , the Reserve Bank of India, in exercise of powers vested
The Maratha Sahakari Bank Ltd, Mumbai, Maharashtra, was placed under directions from close of business on August 31, 2016 vide directive dated August 31, 2016. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive dated August 24, 2018 and was valid upto November 30, 2018 subject to review. It is hereby notified for the information of the public that , the Reserve Bank of India, in exercise of powers vested
നവം 29, 2018
RBI imposed penalty on Urban Co-operative Bank Ltd., Mainpuri, Uttar Pradesh
The Reserve Bank of India has imposed a monetary penalty of ₹ 5,00,000/- (Rupees Five Lakh only) on Urban Co-operative Bank Ltd., Mainpuri, Uttar Pradesh in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on classification of investments into HTM/AFS/HFT categories, Prudential Norms on Inter-bank
The Reserve Bank of India has imposed a monetary penalty of ₹ 5,00,000/- (Rupees Five Lakh only) on Urban Co-operative Bank Ltd., Mainpuri, Uttar Pradesh in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on classification of investments into HTM/AFS/HFT categories, Prudential Norms on Inter-bank
നവം 29, 2018
RBI imposed penalty on Purvanchal Co-operative Bank Ltd., Ghazipur, Uttar Pradesh
The Reserve Bank of India has imposed a monetary penalty of ₹ 5,00,000/- (Rupees Five Lakh only) on Purvanchal Co-operative Bank Ltd., Ghazipur (U.P.) in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on Finance for Housing Schemes – UCBs, Extending loans and advances to Directors/their relatives
The Reserve Bank of India has imposed a monetary penalty of ₹ 5,00,000/- (Rupees Five Lakh only) on Purvanchal Co-operative Bank Ltd., Ghazipur (U.P.) in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on Finance for Housing Schemes – UCBs, Extending loans and advances to Directors/their relatives
നവം 27, 2018
The Uravakonda Co-operative Town Bank Ltd., Uravakonda, Andhra Pradesh - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees Two lakh only) on The Uravakonda Co-operative Town Bank Ltd., Uravakonda, Andhra Pradesh, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of The Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of KYC direction, non-submission of returns and non- submission/ wrong submission of compliance repor
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees Two lakh only) on The Uravakonda Co-operative Town Bank Ltd., Uravakonda, Andhra Pradesh, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of The Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of KYC direction, non-submission of returns and non- submission/ wrong submission of compliance repor
നവം 27, 2018
The Nellore Co-operative Urban Bank Ltd., Nellore, Andhra Pradesh - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees Two lakh only) on The Nellore Co-operative Urban Bank Ltd., Nellore, Andhra Pradesh, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of supervisory restrictions imposed on the bank under revised Supervisory Action Framework (SAF) by Reserv
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees Two lakh only) on The Nellore Co-operative Urban Bank Ltd., Nellore, Andhra Pradesh, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of supervisory restrictions imposed on the bank under revised Supervisory Action Framework (SAF) by Reserv
നവം 27, 2018
Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad, Telangana - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees Two lakh only) on Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad, Telangana, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of Reserve Bank of India directions issued under Section 35A of the Banking Regulation Act, 1949 (As Applica
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees Two lakh only) on Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad, Telangana, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of Reserve Bank of India directions issued under Section 35A of the Banking Regulation Act, 1949 (As Applica
നവം 27, 2018
The Kuppam Co-operative Town Bank Ltd., Kuppam, Andhra Pradesh - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five lakh only) on The Kuppam Co-operative Town Bank Ltd.,Kuppam, Andhra Pradesh in exercise of the powers vested in it under the provisions of Section 47A (1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violations of Reserve Bank of India directions issued under Section 35A of the Banking Regulation Act, 1949 (As Applicable
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five lakh only) on The Kuppam Co-operative Town Bank Ltd.,Kuppam, Andhra Pradesh in exercise of the powers vested in it under the provisions of Section 47A (1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violations of Reserve Bank of India directions issued under Section 35A of the Banking Regulation Act, 1949 (As Applicable
നവം 20, 2018
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Padmashri Dr. Vitthalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra - Extension of Period
Reserve Bank of India, in the public interest, had issued directions to Padmashri Dr. Vitthalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on May 19, 2018. Reserve Bank of India has now further extended the directions for a period of six months from November 19, 2018 to May 18, 2019. A copy of
Reserve Bank of India, in the public interest, had issued directions to Padmashri Dr. Vitthalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on May 19, 2018. Reserve Bank of India has now further extended the directions for a period of six months from November 19, 2018 to May 18, 2019. A copy of
നവം 15, 2018
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. 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 the s
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. 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 the s
നവം 09, 2018
RBI issues Directions to The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala
The Reserve Bank of India (vide directive DCBS.CO.PCC D-4/12.26.004/2018-19 dated November 02, 2018) has placed the The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala under Directions. According to the Directions, depositors will be allowed to withdraw a sum not exceeding ₹ 2000 (Rupees Two Thousand only) of the total balance held in every savings bank or current account or any other deposit account by whatever name called, subject to conditions stipulated in the RB
The Reserve Bank of India (vide directive DCBS.CO.PCC D-4/12.26.004/2018-19 dated November 02, 2018) has placed the The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala under Directions. According to the Directions, depositors will be allowed to withdraw a sum not exceeding ₹ 2000 (Rupees Two Thousand only) of the total balance held in every savings bank or current account or any other deposit account by whatever name called, subject to conditions stipulated in the RB
നവം 09, 2018
Directions under section 35A of the Banking Regulation Act, 1949 (AACS) - Sikar Urban Co-operative Bank Ltd; Sikar (Rajasthan)
It is hereby notified for the information of the public that in exercise of powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS) read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) has issued certain Directions to Sikar Urban Co-operative Bank Ltd., Sikar whereby as from the close of business on November 9, 2018, the aforesaid bank shall not, without prior approval in writing from RBI
It is hereby notified for the information of the public that in exercise of powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS) read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) has issued certain Directions to Sikar Urban Co-operative Bank Ltd., Sikar whereby as from the close of business on November 9, 2018, the aforesaid bank shall not, without prior approval in writing from RBI
നവം 05, 2018
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 35A 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 four months from November 14, 2018 to March 13, 2019. The Directions stipulate certain restriction
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 35A 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 four months from November 14, 2018 to March 13, 2019. The Directions stipulate certain restriction
നവം 05, 2018
Directions u/s 35A of the Banking Regulation Act, 1949 (AACS) - Gomati Nagariya Sahakari Bank Ltd., Jaunpur (Uttar Pradesh) - Extension of period
The Reserve Bank of India (RBI) has extended the Directions issued to the Gomati Nagariya Sahakari Bank Ltd., Jaunpur (Uttar Pradesh) for a further period of six months from November 11, 2018 to May 10, 2019, subject to review. The bank has been under directions u/s 35A of the Banking Regulation Act, 1949 (AACS) vide Directive dated July 03, 2017 w.e.f. close of business as on July 10, 2017. The aforesaid directive was modified / its validity was extended vide RBI dir
The Reserve Bank of India (RBI) has extended the Directions issued to the Gomati Nagariya Sahakari Bank Ltd., Jaunpur (Uttar Pradesh) for a further period of six months from November 11, 2018 to May 10, 2019, subject to review. The bank has been under directions u/s 35A of the Banking Regulation Act, 1949 (AACS) vide Directive dated July 03, 2017 w.e.f. close of business as on July 10, 2017. The aforesaid directive was modified / its validity was extended vide RBI dir
നവം 02, 2018
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) - The Karad Janata Sahakari Bank Ltd., Karad, Maharashtra- Extension of period
The Karad Janata Sahakari Bank Ltd., Karad was placed under directions vide directive DCBS.CO.BSD-I/D-4/12.22.126/2017-18 dated November 07, 2017 from the close of business on November 09, 2017 for a period of six months. The validity of the above directions were extended by further six months i.e. up to November 09, 2018 vide directive DCBR.CO.AID/No.D-40/12.22.126/2017-18 dated May 03, 2018. It is hereby notified for the information of the public that, the Reserve B
The Karad Janata Sahakari Bank Ltd., Karad was placed under directions vide directive DCBS.CO.BSD-I/D-4/12.22.126/2017-18 dated November 07, 2017 from the close of business on November 09, 2017 for a period of six months. The validity of the above directions were extended by further six months i.e. up to November 09, 2018 vide directive DCBR.CO.AID/No.D-40/12.22.126/2017-18 dated May 03, 2018. It is hereby notified for the information of the public that, the Reserve B
ഒക്ടോ 31, 2018
RBI imposes monetary penalty on Dr. Ambedkar Nagrik Sahakari Bank Maryadit, Gwalior, Madhya Pradesh
The Reserve Bank of India has imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on the Dr. Ambedkar Nagrik Sahakari Bank Maryadit, Gwalior, Madhya Pradesh in exercise of the powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violation of the provisions of Section 27 of Banking Regulation Act, 1949 (As Applicable to Co-operative Societ
The Reserve Bank of India has imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on the Dr. Ambedkar Nagrik Sahakari Bank Maryadit, Gwalior, Madhya Pradesh in exercise of the powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violation of the provisions of Section 27 of Banking Regulation Act, 1949 (As Applicable to Co-operative Societ
ഒക്ടോ 29, 2018
RBI issues Directions to The Needs of Life Co-operative Bank Ltd. Mumbai, Maharashtra
The Reserve Bank of India (vide directive DCBS.CO.BSD-I/D-3/12.22.163/2018-19 dated October 26, 2018) has placed the The Needs of Life Co-operative Bank Ltd. Mumbai, Maharashtra, under Directions. According to the Directions, depositors will be allowed to withdraw a sum not exceeding ₹1000 (Rupees One Thousand only) of the total balance held in every saving bank or current account or any other deposit account by whatever name called, subject to conditions stipulated i
The Reserve Bank of India (vide directive DCBS.CO.BSD-I/D-3/12.22.163/2018-19 dated October 26, 2018) has placed the The Needs of Life Co-operative Bank Ltd. Mumbai, Maharashtra, under Directions. According to the Directions, depositors will be allowed to withdraw a sum not exceeding ₹1000 (Rupees One Thousand only) of the total balance held in every saving bank or current account or any other deposit account by whatever name called, subject to conditions stipulated i
ഒക്ടോ 25, 2018
Mandya City Co-operative Bank Ltd., Mandya, Karnataka - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000/- (Rupees fifty thousand only) on Mandya City Co-operative Bank Ltd., Mandya, in exercise of the powers vested in it under the provisions of Section 47A read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violating RBI directives/guidelines by sanctioning loans to the relative of one of the sitting directors of the bank. The Reserve Bank of India
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000/- (Rupees fifty thousand only) on Mandya City Co-operative Bank Ltd., Mandya, in exercise of the powers vested in it under the provisions of Section 47A read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violating RBI directives/guidelines by sanctioning loans to the relative of one of the sitting directors of the bank. The Reserve Bank of India
ഒക്ടോ 17, 2018
Directions under Section 35A 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 dated April 17, 2018 from the close of business on April 17, 2018 for a period of six months. 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 35A read with Section 56 of the Banking Regulation Act, 1949 (as applicable to Co-operative Societies), hereby directs that the Directive
The City Co-operative Bank Ltd., Mumbai was placed under directions vide directive dated April 17, 2018 from the close of business on April 17, 2018 for a period of six months. 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 35A read with Section 56 of the Banking Regulation Act, 1949 (as applicable to Co-operative Societies), hereby directs that the Directive
ഒക്ടോ 17, 2018
Urban Co-operative Bank Ltd., Basti (U.P.) - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 10,00,000/- (Rupees Ten Lakh only) on Urban Co-operative Bank Ltd., Basti (U.P.) in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on Opening of on-site ATM without prior permission from RBI, Exposure Norms and Statutory/ Other Restric
The Reserve Bank of India has imposed a monetary penalty of ₹ 10,00,000/- (Rupees Ten Lakh only) on Urban Co-operative Bank Ltd., Basti (U.P.) in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on Opening of on-site ATM without prior permission from RBI, Exposure Norms and Statutory/ Other Restric
ഒക്ടോ 17, 2018
National Urban Co-operative Bank Limited, New Delhi - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees two lakh only) on National Urban Co-operative Bank Limited, New Delhi in exercise of powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) 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 unsecured personal loans and KYC deficiencies. The
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees two lakh only) on National Urban Co-operative Bank Limited, New Delhi in exercise of powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) 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 unsecured personal loans and KYC deficiencies. The
ഒക്ടോ 11, 2018
Hardoi Zila Sahakari Bank Ltd., Hardoi, Uttar Pradesh - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹1,00,000/- (Rupees one lakh only) on Hardoi Zila Sahakari Bank Ltd., Hardoi, Uttar Pradesh in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on restriction on holding shares in other co-operative societies u/s 19 of the Act, ibid and No
The Reserve Bank of India has imposed a monetary penalty of ₹1,00,000/- (Rupees one lakh only) on Hardoi Zila Sahakari Bank Ltd., Hardoi, Uttar Pradesh in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on restriction on holding shares in other co-operative societies u/s 19 of the Act, ibid and No
ഒക്ടോ 10, 2018
Mathura Zila Sahkari Bank Ltd., Mathura, Uttar Pradesh - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000/- (Rupees fifty thousand only) on Mathura Zila Sahkari Bank Ltd., Mathura, Uttar Pradesh in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on restriction on holding shares in other co-operative societies u/s 19 of the Act, ibid.
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000/- (Rupees fifty thousand only) on Mathura Zila Sahkari Bank Ltd., Mathura, Uttar Pradesh in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on restriction on holding shares in other co-operative societies u/s 19 of the Act, ibid.
ഒക്ടോ 09, 2018
Reserve Bank of India imposes monetary penalty on Indian Mercantile Co-operative Bank Limited
The Reserve Bank of India (RBI) has imposed, by an order dated September 26, 2018, a monetary penalty of ₹ 2 million on Indian Mercantile Co-operative Bank Limited (the bank) for contravention of the All Inclusive Directions (AIDs) issued to the bank and for non-compliance with RBI guidelines on classification and reporting of frauds. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i)
The Reserve Bank of India (RBI) has imposed, by an order dated September 26, 2018, a monetary penalty of ₹ 2 million on Indian Mercantile Co-operative Bank Limited (the bank) for contravention of the All Inclusive Directions (AIDs) issued to the bank and for non-compliance with RBI guidelines on classification and reporting of frauds. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i)
ഒക്ടോ 09, 2018
Sir M Vishvesvaraya Co-operative Bank Ltd., Bengaluru, Karnataka - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees five lakhs only) on Sir M Vishvesvaraya Co-operative Bank Ltd., Bengaluru, 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 granting housing loans of more than ₹ 70.00 lakhs per beneficiary violating directives contained in para 2 of RBI Circular No.
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees five lakhs only) on Sir M Vishvesvaraya Co-operative Bank Ltd., Bengaluru, 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 granting housing loans of more than ₹ 70.00 lakhs per beneficiary violating directives contained in para 2 of RBI Circular No.
ഒക്ടോ 09, 2018
Reserve Bank of India cancels the licence of Navodaya Urban Co-operative Bank Ltd., Nagpur, Maharashtra
The Reserve Bank of India (RBI) has, vide order dated October 4, 2018 cancelled the licence of Navodaya Urban Co-operative Bank Ltd., Nagpur, Maharashtra to carry on banking business, with effect from the close of business on October 08, 2018. The Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra 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
The Reserve Bank of India (RBI) has, vide order dated October 4, 2018 cancelled the licence of Navodaya Urban Co-operative Bank Ltd., Nagpur, Maharashtra to carry on banking business, with effect from the close of business on October 08, 2018. The Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra 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
ഒക്ടോ 05, 2018
RBI extends Directions to The Vaish Co-operative Commercial Bank Ltd., New Delhi
The Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), hereby directs that the Directive dated August 28, 2015 issued to The Vaish Co-operative Commercial Bank Ltd., New Delhi, as modified from time to time, the validity of which was extended upto October 08, 2018, shall continue to apply to the bank for a further period of fo
The Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), hereby directs that the Directive dated August 28, 2015 issued to The Vaish Co-operative Commercial Bank Ltd., New Delhi, as modified from time to time, the validity of which was extended upto October 08, 2018, shall continue to apply to the bank for a further period of fo
ഒക്ടോ 05, 2018
RBI imposes penalty on The Navanirman Co-operative Urban Bank Ltd., Hyderabad Telangana
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000/- (Rupees Fifty Thousand only) on The Navanirman Co-operative Urban Bank Ltd., Hyderabad Telangana, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of The Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of Reserve Bank of India directives/instructions/guidelines on Exposure Norms and Statutory/Other Rest
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000/- (Rupees Fifty Thousand only) on The Navanirman Co-operative Urban Bank Ltd., Hyderabad Telangana, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of The Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of Reserve Bank of India directives/instructions/guidelines on Exposure Norms and Statutory/Other Rest
ഒക്ടോ 05, 2018
The Ananthapuramu Co-operative Urban Bank Ltd., Ananthapuramu, Andhra Pradesh - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000/- (Rupees Fifty Thousand only) on The Ananthapuramu Co-operative Urban Bank Ltd., Ananthapuramu, Andhra Pradesh, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of The Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of Reserve Bank of India directives/instructions/guidelines on Exposure Norms and Statuto
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000/- (Rupees Fifty Thousand only) on The Ananthapuramu Co-operative Urban Bank Ltd., Ananthapuramu, Andhra Pradesh, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of The Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of Reserve Bank of India directives/instructions/guidelines on Exposure Norms and Statuto
ഒക്ടോ 04, 2018
The Bijnor Urban Co-operative Bank Ltd., Bijnor - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 10,00,000/- (₹ Ten lakh only) on The Bijnor Urban Co-operative Bank Ltd., Bijnor in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for continuous non-submission of the returns u/s 27 of the Act ibid. The Reserve Bank of India had issued a show cause notice to the bank, in respons
The Reserve Bank of India has imposed a monetary penalty of ₹ 10,00,000/- (₹ Ten lakh only) on The Bijnor Urban Co-operative Bank Ltd., Bijnor in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for continuous non-submission of the returns u/s 27 of the Act ibid. The Reserve Bank of India had issued a show cause notice to the bank, in respons
ഒക്ടോ 03, 2018
RBI Directions issued to Shri Ganesh Sahakri Bank Ltd, Nashik, Maharashtra further extended upto December 29, 2018
The Reserve Bank of India (vide directive DCBR.CO.AID/D-13/12..22.435/2018-19 dated September 27, 2018) has extended the Directions earlier issued to Shri Ganesh Sahakari Bank Ltd, Nashik for a further period of three months. The Directions are now valid up to December 29, 2018, subject to review. The Directions were imposed in exercise of powers vested in the Reserve Bank under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). A copy of the D
The Reserve Bank of India (vide directive DCBR.CO.AID/D-13/12..22.435/2018-19 dated September 27, 2018) has extended the Directions earlier issued to Shri Ganesh Sahakari Bank Ltd, Nashik for a further period of three months. The Directions are now valid up to December 29, 2018, subject to review. The Directions were imposed in exercise of powers vested in the Reserve Bank under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). A copy of the D
ഒക്ടോ 03, 2018
Millath Co-operative Bank Limited, Davangere, Karnataka - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 15.00 lakh (Rupees fifteen lakh only) on Millath Co-operative Bank Limited, Davangere in exercise of the powers vested in it under the provisions of Section 47 A read with Section 46 (4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) for violating RBI directives/guidelines by sanctioning loans and advances to directors and their relatives, vehicle loans/staff loans without doc
The Reserve Bank of India has imposed a monetary penalty of ₹ 15.00 lakh (Rupees fifteen lakh only) on Millath Co-operative Bank Limited, Davangere in exercise of the powers vested in it under the provisions of Section 47 A read with Section 46 (4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) for violating RBI directives/guidelines by sanctioning loans and advances to directors and their relatives, vehicle loans/staff loans without doc
സെപ്റ്റം 26, 2018
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - U. P. Civil Secretariat Primary Co- operative Bank Ltd., Lucknow
The Reserve Bank of India is satisfied that in the interest of the public it is necessary to issue certain directions to the U. P. Civil Secretariat Primary Co-operative Bank Ltd., Lucknow. Accordingly, the Reserve Bank of India in exercise of the 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 hereby directs that U. P. Civil
The Reserve Bank of India is satisfied that in the interest of the public it is necessary to issue certain directions to the U. P. Civil Secretariat Primary Co-operative Bank Ltd., Lucknow. Accordingly, the Reserve Bank of India in exercise of the 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 hereby directs that U. P. Civil
സെപ്റ്റം 26, 2018
Dr. Babasaheb Ambedkar Urban Co-operative Bank Ltd., Nagpur - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 3.00 lakh (Rupees three lakh only) on Dr. Babasaheb Ambedkar Urban Co-operative Bank Ltd., Nagpur in exercise of the powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violation of the provisions of the BR Act (AACS) (Section 20) relating to ‘Prohibition of banks from granting any loan or ad
The Reserve Bank of India has imposed a monetary penalty of ₹ 3.00 lakh (Rupees three lakh only) on Dr. Babasaheb Ambedkar Urban Co-operative Bank Ltd., Nagpur in exercise of the powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violation of the provisions of the BR Act (AACS) (Section 20) relating to ‘Prohibition of banks from granting any loan or ad
സെപ്റ്റം 25, 2018
The Tadpatri Co-operative Town Bank Ltd., Tadpatri, Andhra Pradesh - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on The Tadpatri Co-operative Town Bank Ltd., Tadpatri, Andhra Pradesh, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of The Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of Reserve Bank of India directives/instructions/ guidelines on Know Your Customer(KYC). The Reserve Bank
The Reserve Bank of India has imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on The Tadpatri Co-operative Town Bank Ltd., Tadpatri, Andhra Pradesh, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of The Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of Reserve Bank of India directives/instructions/ guidelines on Know Your Customer(KYC). The Reserve Bank
സെപ്റ്റം 18, 2018
National Urban Co-operative Bank Ltd., Bahraich - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 2,00,000/- (₹ Two lakh only) on National Urban Co-operative Bank Ltd., Bahraich in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for continuous non-submission of the returns u/s 27 of the Act ibid. The Reserve Bank of India had issued a show cause notice to the bank, in response
The Reserve Bank of India has imposed a monetary penalty of ₹ 2,00,000/- (₹ Two lakh only) on National Urban Co-operative Bank Ltd., Bahraich in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for continuous non-submission of the returns u/s 27 of the Act ibid. The Reserve Bank of India had issued a show cause notice to the bank, in response
സെപ്റ്റം 18, 2018
Nagar Sahkari Bank Ltd., Gorakhpur, Uttar Pradesh - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 2,00,000/- (₹ Two lakh only) on Nagar Sahkari Bank Ltd., Gorakhpur, Uttar Pradesh in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on Know Your Customer Norms. The Reserve Bank of India had issued a Show Cause Notice to the bank, in r
The Reserve Bank of India has imposed a monetary penalty of ₹ 2,00,000/- (₹ Two lakh only) on Nagar Sahkari Bank Ltd., Gorakhpur, Uttar Pradesh in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on Know Your Customer Norms. The Reserve Bank of India had issued a Show Cause Notice to the bank, in r
സെപ്റ്റം 12, 2018
RBI extends validity of the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow, Uttar Pradesh
The Reserve Bank of India (RBI) has extended the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow for a further period of six months from September 12, 2018 to March 11, 2019, subject to review. The bank has been under directions since June 12, 2014 vide directive dated June 4, 2014 issued under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). The aforesaid directive was modified / its validity was extended vide RBI
The Reserve Bank of India (RBI) has extended the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow for a further period of six months from September 12, 2018 to March 11, 2019, subject to review. The bank has been under directions since June 12, 2014 vide directive dated June 4, 2014 issued under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). The aforesaid directive was modified / its validity was extended vide RBI
സെപ്റ്റം 07, 2018
RBI imposes penalty on Konark Urban Co-operative Bank Limited, Thane, Maharashtra
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees five lakh only) on Konark Urban Co-operative Bank Limited, Thane, Maharashtra in exercise of the powers vested in it under the provisions of Section 47A (1) read with Section 46 (4) 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 Reserve Bank o
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees five lakh only) on Konark Urban Co-operative Bank Limited, Thane, Maharashtra in exercise of the powers vested in it under the provisions of Section 47A (1) read with Section 46 (4) 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 Reserve Bank o
സെപ്റ്റം 03, 2018
RBI extends Directions issued to Rupee Co-operative Bank Ltd., Pune
The Reserve Bank of India (vide directive DCBR.CO.AID/D-11/12.22.218/2018-19 dated August 28, 2018) has extended directions issued to Rupee Co-operative Bank Ltd., Pune, Maharashtra for a further period of three months from September 01, 2018 to November 30, 2018, subject to review. The directions were originally imposed from February 22, 2013 to August 21, 2013 and were extended on eight occasions for a period of six months each and five occasions for a period of thr
The Reserve Bank of India (vide directive DCBR.CO.AID/D-11/12.22.218/2018-19 dated August 28, 2018) has extended directions issued to Rupee Co-operative Bank Ltd., Pune, Maharashtra for a further period of three months from September 01, 2018 to November 30, 2018, subject to review. The directions were originally imposed from February 22, 2013 to August 21, 2013 and were extended on eight occasions for a period of six months each and five occasions for a period of thr
ഓഗ 30, 2018
Directions under Section 35A 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 dated August 31, 2016, The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive dated February 26, 2018 and was valid upto August 31, 2018 subject to review. It is hereby notified for the information of the public that , the Reserve Bank of India, in exercise of powers vested
The Maratha Sahakari Bank Ltd, Mumbai, Maharashtra, was placed under directions from close of business on August 31, 2016 vide directive dated August 31, 2016, The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive dated February 26, 2018 and was valid upto August 31, 2018 subject to review. It is hereby notified for the information of the public that , the Reserve Bank of India, in exercise of powers vested
റിസർവ് ബാങ്ക് ഓഫ് ഇന്ത്യ മൊബൈൽ ആപ്ലിക്കേഷൻ ഇൻസ്റ്റാൾ ചെയ്ത് ഏറ്റവും പുതിയ വാർത്തകളിലേക്ക് വേഗത്തിലുള്ള ആക്സസ് നേടുക!
പേജ് അവസാനം അപ്ഡേറ്റ് ചെയ്തത്: ജൂലൈ 30, 2024
