Press Releases - Regulating Co-operative Banking - आरबीआय - Reserve Bank of India
प्रेस रिलीज
डिसें 11, 2014
RBI extends Directions issued to Indian Mercantile Co-operative Bank Ltd., Lucknow, Uttar Pradesh till June 11, 2015
The Reserve Bank of India has extended Directions issued to Indian Mercantile Co-operative Bank Ltd., Lucknow for a further period of six months from December 12, 2014 to June 11, 2015, subject to review. The bank was under directions since June 12, 2014. According to the Directions, Indian Mercantile Co-operative Bank Ltd., Lucknow cannot and without prior approval of the Reserve Bank in writing grant or renew any loans and advances, make any investment, incur any li
The Reserve Bank of India has extended Directions issued to Indian Mercantile Co-operative Bank Ltd., Lucknow for a further period of six months from December 12, 2014 to June 11, 2015, subject to review. The bank was under directions since June 12, 2014. According to the Directions, Indian Mercantile Co-operative Bank Ltd., Lucknow cannot and without prior approval of the Reserve Bank in writing grant or renew any loans and advances, make any investment, incur any li
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डिसें 09, 2014
RBI cancels Certificate of Registration
The Reserve Bank of India have cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934 as the companies have opted to exit from the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. Rajasthan State Industrial
The Reserve Bank of India have cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934 as the companies have opted to exit from the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. Rajasthan State Industrial
डिसें 04, 2014
RBI extends Directions on Rupee Co-operative Bank Ltd., Pune
The Reserve Bank of India has issued certain Directions to Rupee Co-operative Bank Ltd., Pune. The directive shall continue to apply for a further period of six months from November 22, 2014 to May 21, 2015, subject to review. The bank was under directions since February 22, 2013 According to the Directions, Rupee Co-operative Bank cannot, from the close of business on February 22, 2013 and without prior approval of the Reserve Bank in writing grant or renew any loans
The Reserve Bank of India has issued certain Directions to Rupee Co-operative Bank Ltd., Pune. The directive shall continue to apply for a further period of six months from November 22, 2014 to May 21, 2015, subject to review. The bank was under directions since February 22, 2013 According to the Directions, Rupee Co-operative Bank cannot, from the close of business on February 22, 2013 and without prior approval of the Reserve Bank in writing grant or renew any loans
नोव्हें 28, 2014
RBI extends Directions issued to United Commercial Co-operative Bank Ltd., Kanpur, Uttar Pradesh till February 28, 2015
The Reserve Bank of India has extended Directions issued to United Commercial Co-operative Bank Ltd., Kanpur for a further period of three months from December 1, 2014 to February 28, 2015, subject to review. The bank was under directions since June 1, 2013. According to the Directions, United Commercial Co-operative Bank Ltd., Kanpur cannot and without prior approval of the Reserve Bank in writing grant or renew any loans and advances, make any investment, incur any
The Reserve Bank of India has extended Directions issued to United Commercial Co-operative Bank Ltd., Kanpur for a further period of three months from December 1, 2014 to February 28, 2015, subject to review. The bank was under directions since June 1, 2013. According to the Directions, United Commercial Co-operative Bank Ltd., Kanpur cannot and without prior approval of the Reserve Bank in writing grant or renew any loans and advances, make any investment, incur any
नोव्हें 26, 2014
RBI extends Directions issued to Shri Swami Samarth Urban Cooperative Bank Ltd., Naldurg (Osmanabad), Maharashtra till February 13, 2015
The Reserve Bank of India has extended Directions issued to Shri Swami Samarth Urban Cooperative Bank Ltd., Naldurg (Osmanabad), Maharashtra for a further period of three months from November 14, 2014 to February 13, 2015, subject to review. The bank was under directions since November 14, 2013. According to the Directions, Shri Swami Samarth Urban Cooperative Bank Ltd., cannot and without prior approval of the Reserve Bank in writing grant or renew any loans and adva
The Reserve Bank of India has extended Directions issued to Shri Swami Samarth Urban Cooperative Bank Ltd., Naldurg (Osmanabad), Maharashtra for a further period of three months from November 14, 2014 to February 13, 2015, subject to review. The bank was under directions since November 14, 2013. According to the Directions, Shri Swami Samarth Urban Cooperative Bank Ltd., cannot and without prior approval of the Reserve Bank in writing grant or renew any loans and adva
नोव्हें 26, 2014
RBI extends Directions issued to Vitthal Nagari Sahakari Bank Ltd., Latur, Maharashtra till May 14, 2015
The Reserve Bank of India has extended Directions issued to Vitthal Nagari Sahakari Bank Ltd., Latur Maharashtra for a further period of six months from November 15, 2014 to May 14, 2015, subject to review. The bank was under directions since November 15, 2013. According to the Directions, Vitthal Nagari Sahakari Bank Ltd., Latur cannot and without prior approval of the Reserve Bank in writing grant or renew any loans and advances, make any investment, incur any liabi
The Reserve Bank of India has extended Directions issued to Vitthal Nagari Sahakari Bank Ltd., Latur Maharashtra for a further period of six months from November 15, 2014 to May 14, 2015, subject to review. The bank was under directions since November 15, 2013. According to the Directions, Vitthal Nagari Sahakari Bank Ltd., Latur cannot and without prior approval of the Reserve Bank in writing grant or renew any loans and advances, make any investment, incur any liabi
नोव्हें 24, 2014
RBI extends Directions issued to Dr. Babasaheb Ambedkar Nagari Sahakari Bank Maryadit, Aurangabad, Maharashtra till May 03, 2015
The Reserve Bank of India has extended Directions issued to Dr. Babasaheb Ambedkar Nagari Sahakari Bank Maryadit, Aurangabad for a further period of six months from November 04, 2014 to May 03, 2015, subject to review. The bank was under directions since May 2012. According to the Directions, Dr. Babasaheb Ambedkar Nagari Sahakari Bank Maryadit cannot and without prior approval of the Reserve Bank in writing grant or renew any loans and advances, make any investment,
The Reserve Bank of India has extended Directions issued to Dr. Babasaheb Ambedkar Nagari Sahakari Bank Maryadit, Aurangabad for a further period of six months from November 04, 2014 to May 03, 2015, subject to review. The bank was under directions since May 2012. According to the Directions, Dr. Babasaheb Ambedkar Nagari Sahakari Bank Maryadit cannot and without prior approval of the Reserve Bank in writing grant or renew any loans and advances, make any investment,
नोव्हें 21, 2014
Lokseva Sahakari Bank Ltd., Pune, Maharashtra under RBI Directions - Extension of validity period
The Reserve Bank of India has notified that the directions imposed on Lokseva Sahakari Bank Ltd., Pune, Maharashtra vide RBI directive dated May 19, 2014 shall continue to apply to the bank for a further period of six months from November 20, 2014 to May 19, 2015 vide directive dated November 12, 2014 subject to review. The other terms and conditions of the directive under reference shall remain unchanged. A copy of the directive dated November 12, 2014 is displayed a
The Reserve Bank of India has notified that the directions imposed on Lokseva Sahakari Bank Ltd., Pune, Maharashtra vide RBI directive dated May 19, 2014 shall continue to apply to the bank for a further period of six months from November 20, 2014 to May 19, 2015 vide directive dated November 12, 2014 subject to review. The other terms and conditions of the directive under reference shall remain unchanged. A copy of the directive dated November 12, 2014 is displayed a
नोव्हें 18, 2014
RBI extends Directions on Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal (M.P.)
The Reserve Bank of India has issued certain Directions to Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal (M.P.). The directions shall continue to apply for a further period of six months from October 09, 2014 to April 08, 2015, subject to review. According to the Reserve Bank’s directions, Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal (M.P.) cannot, from the close of business on April 09, 2010 and without prior approval of Reserve Bank of India in writing
The Reserve Bank of India has issued certain Directions to Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal (M.P.). The directions shall continue to apply for a further period of six months from October 09, 2014 to April 08, 2015, subject to review. According to the Reserve Bank’s directions, Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal (M.P.) cannot, from the close of business on April 09, 2010 and without prior approval of Reserve Bank of India in writing
नोव्हें 18, 2014
RBI extends Directions on The Bhopal Nagrik Sahakari Bank Ltd., Bhopal
The Reserve Bank of India has issued certain Directions to The Bhopal Nagrik Sahakari Bank Ltd., Bhopal. The directions shall continue to apply for a further period of six months from November 01, 2014 to April 30, 2015, subject to review. According to the Reserve Bank’s directions, The Bhopal Nagrik Sahakari Bank Ltd., Bhopal cannot, from the close of business on October 31, 2012 and without prior approval of the Reserve Bank of India in writing grant or renew any lo
The Reserve Bank of India has issued certain Directions to The Bhopal Nagrik Sahakari Bank Ltd., Bhopal. The directions shall continue to apply for a further period of six months from November 01, 2014 to April 30, 2015, subject to review. According to the Reserve Bank’s directions, The Bhopal Nagrik Sahakari Bank Ltd., Bhopal cannot, from the close of business on October 31, 2012 and without prior approval of the Reserve Bank of India in writing grant or renew any lo
नोव्हें 05, 2014
The C.K.P.Co-operative Bank Ltd., Mumbai, Maharashtra under RBI Directions - Extension of validity period
The Reserve Bank of India has notified that the directions imposed on The C.K.P.Co-operative Bank Ltd., Mumbai, Maharashtra, vide RBI directive dated April 30, 2014 shall continue to apply to the bank for a further period of three months from the close of business on November 1, 2014 vide modified directive dated October 21, 2014 subject to review. The other terms and conditions of the directive under reference shall remain unchanged. A copy of the directive dated Oct
The Reserve Bank of India has notified that the directions imposed on The C.K.P.Co-operative Bank Ltd., Mumbai, Maharashtra, vide RBI directive dated April 30, 2014 shall continue to apply to the bank for a further period of three months from the close of business on November 1, 2014 vide modified directive dated October 21, 2014 subject to review. The other terms and conditions of the directive under reference shall remain unchanged. A copy of the directive dated Oct
ऑक्टो 30, 2014
Reserve Bank of India cancels the Licence of The Baripada Urban Co-operative Bank Ltd., Baripada (Odisha)
In view of the fact that The Baripada Urban Co-operative Bank Ltd., Baripada (Odisha), had ceased to be solvent, all efforts to revive it had failed, and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India (RBI) delivered the order cancelling its licence to the bank and the same is effective from October 16, 2014. The Registrar of Co-operative Societies, Odisha has also been requested to issue an order for winding up the bank a
In view of the fact that The Baripada Urban Co-operative Bank Ltd., Baripada (Odisha), had ceased to be solvent, all efforts to revive it had failed, and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India (RBI) delivered the order cancelling its licence to the bank and the same is effective from October 16, 2014. The Registrar of Co-operative Societies, Odisha has also been requested to issue an order for winding up the bank a
ऑक्टो 28, 2014
RBI extends Directions on Baranagar Co-operative Bank Ltd., Baranagar, Kolkata
The Reserve Bank of India has extended Directions issued to Baranagar Co-operative Bank Ltd., Baranagar, Kolkata, West Bengal. The directions will continue to apply to the bank for a further period of three months from October 30, 2014 to January 29, 2015, subject to review. The Reserve Bank had initially placed the bank under directions for six months on July 30, 2013 due to its very precarious financial position and the validity of which was subsequently extended on
The Reserve Bank of India has extended Directions issued to Baranagar Co-operative Bank Ltd., Baranagar, Kolkata, West Bengal. The directions will continue to apply to the bank for a further period of three months from October 30, 2014 to January 29, 2015, subject to review. The Reserve Bank had initially placed the bank under directions for six months on July 30, 2013 due to its very precarious financial position and the validity of which was subsequently extended on
ऑक्टो 28, 2014
RBI extends Directions on The Panihati Co-operative Bank Ltd., Kolkata
The Reserve Bank of India has extended directions for a further period of six months from October 24, 2014 imposed on The Panihati Co-operative Bank Ltd., Panihati, Kolkata, West Bengal. The directions will continue to apply to the bank until April 23, 2015, subject to review. The Reserve Bank had first placed the bank under directions for six months on April 24, 2014 due to its very precarious financial position. According to the Reserve Bank’s directions, The Paniha
The Reserve Bank of India has extended directions for a further period of six months from October 24, 2014 imposed on The Panihati Co-operative Bank Ltd., Panihati, Kolkata, West Bengal. The directions will continue to apply to the bank until April 23, 2015, subject to review. The Reserve Bank had first placed the bank under directions for six months on April 24, 2014 due to its very precarious financial position. According to the Reserve Bank’s directions, The Paniha
ऑक्टो 22, 2014
RBI extends Directions on Amanath Co-operative Bank Ltd., Bangalore
The Reserve Bank of India has issued certain Directions to Amanath Co-operative Bank Ltd., Bangalore. The directive shall continue to apply for a further period of three months from October 05, 2014 to January 04, 2015, subject to review. According to the Directions, Amanath Co-operative Bank cannot, from the close of business on April 05, 2013 and without prior approval of the Reserve Bank in writing grant or renew any loans and advances, make any investment, incur a
The Reserve Bank of India has issued certain Directions to Amanath Co-operative Bank Ltd., Bangalore. The directive shall continue to apply for a further period of three months from October 05, 2014 to January 04, 2015, subject to review. According to the Directions, Amanath Co-operative Bank cannot, from the close of business on April 05, 2013 and without prior approval of the Reserve Bank in writing grant or renew any loans and advances, make any investment, incur a
ऑक्टो 20, 2014
Shree Ganesh Sahakari Bank Ltd., Nashik, Maharashtra under RBI Directions - Extension of validity period
The Reserve Bank of India has notified that the directions imposed on Shree Ganesh Sahakari Bank Ltd., Nashik, vide RBI directive dated April 01, 2013 the validity of which was extended up to September 30, 2014 shall continue to apply to the bank for a further period of six months from the close of business on September 30, 2014 vide directive dated September 17, 2014 subject to review. The other terms and conditions of the directive under reference shall remain uncha
The Reserve Bank of India has notified that the directions imposed on Shree Ganesh Sahakari Bank Ltd., Nashik, vide RBI directive dated April 01, 2013 the validity of which was extended up to September 30, 2014 shall continue to apply to the bank for a further period of six months from the close of business on September 30, 2014 vide directive dated September 17, 2014 subject to review. The other terms and conditions of the directive under reference shall remain uncha
ऑक्टो 09, 2014
RBI cancels the Licence of The Ajmer Urban Co-operative Bank Ltd., Ajmer (Rajasthan)
The Reserve Bank of India has, from the close of business as on September 19, 2014, cancelled the licence of the Ajmer Urban Co-operative Bank Ltd., Ajmer (Rajasthan) as it had ceased to be solvent, all efforts to revive it had failed and the depositors were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Rajasthan has also been requested to issue an order for winding up the bank and appoint a liquidator. On liquidation, every d
The Reserve Bank of India has, from the close of business as on September 19, 2014, cancelled the licence of the Ajmer Urban Co-operative Bank Ltd., Ajmer (Rajasthan) as it had ceased to be solvent, all efforts to revive it had failed and the depositors were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Rajasthan has also been requested to issue an order for winding up the bank and appoint a liquidator. On liquidation, every d
सप्टें 25, 2014
Reserve Bank of India cancels the Licence of The Mirzapur Urban Co-operative Bank Ltd., Mirzapur (Uttar Pradesh)
In view of the fact that The Mirzapur Urban Co-operative Bank Ltd., Mirzapur (Uttar Pradesh), had ceased to be solvent, all efforts to revive it, had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India [RBI] delivered the order cancelling its licence to the bank and the same is effective from the close of business as on September 11, 2014. The Registrar of Co-operative Societies, Uttar Pradesh has also been requested
In view of the fact that The Mirzapur Urban Co-operative Bank Ltd., Mirzapur (Uttar Pradesh), had ceased to be solvent, all efforts to revive it, had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India [RBI] delivered the order cancelling its licence to the bank and the same is effective from the close of business as on September 11, 2014. The Registrar of Co-operative Societies, Uttar Pradesh has also been requested
सप्टें 23, 2014
RBI cancels Certificate of Registration of M/s Prashant Industries Pvt Limited and P.D.Industries Pvt Limited
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s Prashant Industries Pvt
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s Prashant Industries Pvt
सप्टें 23, 2014
Shree Chhatrapati Urban Co.op Bank Ltd., Pimple Nilakh,District - Pune (Maharashtra) under RBI Directions
Effective close of business on September 12, 2014, the Reserve Bank of India has issued certain Directions to Shree Chhatrapati Urban Co.op Bank Ltd., Pimple Nilakh, District - Pune (Maharashtra). Under the directions, depositors will be allowed to withdraw only ` 1,000/- (Rupees one thousand only) of the total balance in every savings bank or current account or any other deposit account. The bank has also been restrained from granting or renewing any loans and advanc
Effective close of business on September 12, 2014, the Reserve Bank of India has issued certain Directions to Shree Chhatrapati Urban Co.op Bank Ltd., Pimple Nilakh, District - Pune (Maharashtra). Under the directions, depositors will be allowed to withdraw only ` 1,000/- (Rupees one thousand only) of the total balance in every savings bank or current account or any other deposit account. The bank has also been restrained from granting or renewing any loans and advanc
सप्टें 11, 2014
RBI cancels Licence of The Mirzapur Urban Co-operative Bank Ltd., Mirzapur, Uttar Pradesh
The Reserve Bank of India has, on September 1, 2014, cancelled the licence of The Mirzapur Urban Co-operative Bank Ltd., Mirzapur, Uttar Pradesh to carry on banking business under Section 22 of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) read with Section 56 of Banking Regulation Act, 1949. As such, the bank is forthwith precluded from transacting the business of 'banking' as defined in Section 5(b) of the Banking Regulation Act, 1949 (A
The Reserve Bank of India has, on September 1, 2014, cancelled the licence of The Mirzapur Urban Co-operative Bank Ltd., Mirzapur, Uttar Pradesh to carry on banking business under Section 22 of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) read with Section 56 of Banking Regulation Act, 1949. As such, the bank is forthwith precluded from transacting the business of 'banking' as defined in Section 5(b) of the Banking Regulation Act, 1949 (A
सप्टें 10, 2014
Reserve Bank Cancels the Licence of The Merchants’ Co-operative Bank Ltd., Dhule (Maharashtra)
In view of the fact that The Merchants’ Co-operative Bank Ltd., Dhule (Maharashtra), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India [RBI] delivered the order cancelling its licence to the bank and the same is effective from the close of business as on August 30, 2014. The Registrar of Co-operative Soci
In view of the fact that The Merchants’ Co-operative Bank Ltd., Dhule (Maharashtra), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India [RBI] delivered the order cancelling its licence to the bank and the same is effective from the close of business as on August 30, 2014. The Registrar of Co-operative Soci
सप्टें 03, 2014
RBI issues Directions on The Choundeshwari Sahakari Bank Ltd., Ichalkaranji, Kolhapur, Maharashtra
The Reserve Bank of India has issued certain Directions to The Choundeshwari Sahakari Bank Ltd., Ichalkaranji, Kolhapur, Maharashtra in exercise of 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. As per the directions a copy of which is displayed on the bank's premises for perusal by interested members of the public, the bank
The Reserve Bank of India has issued certain Directions to The Choundeshwari Sahakari Bank Ltd., Ichalkaranji, Kolhapur, Maharashtra in exercise of 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. As per the directions a copy of which is displayed on the bank's premises for perusal by interested members of the public, the bank
सप्टें 03, 2014
RBI cancels Licence of The Merchant’s Co-operative Bank Ltd., Dist. Dhule, Maharashtra
The Reserve Bank of India has, on August 27, 2014, cancelled the licence of The Merchant’s Co-operative Bank Ltd., Dist. Dhule, Maharashtra to carry on banking business under Section 22 of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) read with Section 56 of Banking Regulation Act, 1949. As such, the bank is forthwith precluded from transacting the business of 'banking' as defined in Section 5(b) of the Banking Regulation Act, 1949 (As app
The Reserve Bank of India has, on August 27, 2014, cancelled the licence of The Merchant’s Co-operative Bank Ltd., Dist. Dhule, Maharashtra to carry on banking business under Section 22 of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) read with Section 56 of Banking Regulation Act, 1949. As such, the bank is forthwith precluded from transacting the business of 'banking' as defined in Section 5(b) of the Banking Regulation Act, 1949 (As app
ऑग 28, 2014
RBI cancels Certificate of Registration of M/s Bambino Finance Private Ltd., Hyderabad
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s Bambino Finance Private Ltd. 3-6, Road No.15, Saroornagar, Hyderabad-500035 B-09.00281 September 20, 2005 July 23, 2
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s Bambino Finance Private Ltd. 3-6, Road No.15, Saroornagar, Hyderabad-500035 B-09.00281 September 20, 2005 July 23, 2
ऑग 22, 2014
Shatabdi Mahila Sahakari Bank Ltd., District -Thane (Maharashtra) under RBI Directions
Effective close of business on August 20, 2014, the Reserve Bank of India has issued certain Directions to Shatabdi Mahila Sahakari Bank Ltd., District -Thane (Maharashtra). Under the directions, depositors will be allowed to withdraw only ` 1,000/- (Rupees one thousand only) of the total balance in every savings bank or current account or any other deposit account. The bank has also been restrained from granting or renewing any loans and advances, making any investme
Effective close of business on August 20, 2014, the Reserve Bank of India has issued certain Directions to Shatabdi Mahila Sahakari Bank Ltd., District -Thane (Maharashtra). Under the directions, depositors will be allowed to withdraw only ` 1,000/- (Rupees one thousand only) of the total balance in every savings bank or current account or any other deposit account. The bank has also been restrained from granting or renewing any loans and advances, making any investme
ऑग 21, 2014
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Rupee Co-operative Bank Ltd. Dist.-Pune, Maharashtra
It is hereby notified for the information of public that in continuation to our directive UBD.CO.BSD I/D-28/12.22.218/2012-13 dated February 21, 2013 read with directive UBD.CO.BSD-I/D-04/12.22.218/2013-14 dated August 14, 2013 and UBD.CO.BSD-I/D-23/12.22.218/2013-14 dated February 03, 2014 the validity period of directions imposed on Rupee Co-operative Bank Ltd., Pune, Maharashtra has been extended for a further period of three months from August 22, 2014 to November
It is hereby notified for the information of public that in continuation to our directive UBD.CO.BSD I/D-28/12.22.218/2012-13 dated February 21, 2013 read with directive UBD.CO.BSD-I/D-04/12.22.218/2013-14 dated August 14, 2013 and UBD.CO.BSD-I/D-23/12.22.218/2013-14 dated February 03, 2014 the validity period of directions imposed on Rupee Co-operative Bank Ltd., Pune, Maharashtra has been extended for a further period of three months from August 22, 2014 to November
ऑग 12, 2014
Dilip Urban Co-operative Bank Ltd., Barshi, Solapur (Maharashtra) under RBI Directions
Effective close of business on August 8, 2014, the Reserve Bank of India has issued certain Directions to Dilip Urban Co-operative Bank Ltd., Barshi, Solapur, Maharashtra. Under the directions, depositors will be allowed to withdraw only `1,000/- (Rupees one thousand only) of the total balance in, every savings bank or current account or any other deposit account. The bank has also been restrained from granting or renewing any loans and advances, making any investment
Effective close of business on August 8, 2014, the Reserve Bank of India has issued certain Directions to Dilip Urban Co-operative Bank Ltd., Barshi, Solapur, Maharashtra. Under the directions, depositors will be allowed to withdraw only `1,000/- (Rupees one thousand only) of the total balance in, every savings bank or current account or any other deposit account. The bank has also been restrained from granting or renewing any loans and advances, making any investment
ऑग 06, 2014
RBI extends the Validity Period of Directions on Mirzapur Urban Co-operative Bank Ltd., Mirzapur
The Reserve Bank of India has notified that the validity period of directions imposed on Mirzapur Urban Co-operative Bank Ltd., Mirzapur, Uttar Pradesh as on February 11, 2014 has been extended further as per modified directive dated July 31, 2014 for a period of one month i.e. from August 12, 2014 to September 11, 2014, subject to review. The other terms and conditions remain unchanged. A copy of the modified directive notifying the above modification is displayed at
The Reserve Bank of India has notified that the validity period of directions imposed on Mirzapur Urban Co-operative Bank Ltd., Mirzapur, Uttar Pradesh as on February 11, 2014 has been extended further as per modified directive dated July 31, 2014 for a period of one month i.e. from August 12, 2014 to September 11, 2014, subject to review. The other terms and conditions remain unchanged. A copy of the modified directive notifying the above modification is displayed at
ऑग 01, 2014
RBI cancels the Licence of The Vasavi Co-operative Urban Bank Ltd., Hyderabad (Telangana)
The Reserve Bank of India (RBI) has, on July 14, 2014 cancelled the licence of The Vasavi Co-operative Urban Bank Ltd., Hyderabad (Telangana). The order has been made effective from the close of business as on July 14, 2014. The order was issued in view of the fact that the bank had ceased to be solvent, all efforts to revive had failed and the depositors were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Telangana State has a
The Reserve Bank of India (RBI) has, on July 14, 2014 cancelled the licence of The Vasavi Co-operative Urban Bank Ltd., Hyderabad (Telangana). The order has been made effective from the close of business as on July 14, 2014. The order was issued in view of the fact that the bank had ceased to be solvent, all efforts to revive had failed and the depositors were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Telangana State has a
ऑग 01, 2014
RBI modifies Directive imposed on Indian Mercantile Co-operative Bank Ltd., Lucknow
The Reserve Bank of India has notified that in partial modification of its directive it has, on July 30, 2014, relaxed the directions imposed on Indian Mercantile Co-operative Bank Ltd. Now, depositors will be allowed to withdraw up to ` 1,00,000/- (Rupees One Lakh only) per depositor (including ` 1000/- wherever already allowed) subject to the conditions specified in the modified directive. All other provisions of the earlier directive dated June 4, 2014 shall remain
The Reserve Bank of India has notified that in partial modification of its directive it has, on July 30, 2014, relaxed the directions imposed on Indian Mercantile Co-operative Bank Ltd. Now, depositors will be allowed to withdraw up to ` 1,00,000/- (Rupees One Lakh only) per depositor (including ` 1000/- wherever already allowed) subject to the conditions specified in the modified directive. All other provisions of the earlier directive dated June 4, 2014 shall remain
जुलै 28, 2014
RBI cancels Certificate of Registration of M/s Insilco Merchants Private Limited
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) under the powers conferred on it under clause (a) of Section 45-I of the Reserve Bank of India Act, 1934. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s Insilco Merchants Private Limited 11, India Exchange Place, 1st Floor, Kolkata-700001 B-05.05827 August 25, 2003 Jul
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) under the powers conferred on it under clause (a) of Section 45-I of the Reserve Bank of India Act, 1934. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s Insilco Merchants Private Limited 11, India Exchange Place, 1st Floor, Kolkata-700001 B-05.05827 August 25, 2003 Jul
जुलै 21, 2014
Non Scheduled State Coops can meet SLR by March 31, 2017
On a review, it has been decided to calibrate the transition to the revised dispensation relating to the form and manner of maintenance of Statutory Liquidity Ratio (SLR) assets for Non-scheduled State cooperative banks (StCBs) and all Central cooperative banks (CCBs) (StCBs/CCBs). These banks have now been granted time up to March 31, 2017 for complying with the revised norms in a phased manner as below: Date Investment in approved securities as percentage of NDTL Ma
On a review, it has been decided to calibrate the transition to the revised dispensation relating to the form and manner of maintenance of Statutory Liquidity Ratio (SLR) assets for Non-scheduled State cooperative banks (StCBs) and all Central cooperative banks (CCBs) (StCBs/CCBs). These banks have now been granted time up to March 31, 2017 for complying with the revised norms in a phased manner as below: Date Investment in approved securities as percentage of NDTL Ma
जुलै 11, 2014
RBI cancels Certificate of Registration of M/s Avyaya Finance Ltd
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s Avyaya Finance Ltd. Flat
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s Avyaya Finance Ltd. Flat
जून 19, 2014
Reserve Bank Cancels the Licence of Shri Shivaji Sahakari Bank Ltd., Gadhinglaj, Kolhapur, (Maharashtra)
In view of the fact that Shri Shivaji Sahakari Bank Ltd, Gadhinglaj, Kolhapur (Maharashtra), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India [RBI] delivered the order cancelling its licence to the bank and the same is effective from the close of business as on June 14, 2014. The Registrar of Co-operativ
In view of the fact that Shri Shivaji Sahakari Bank Ltd, Gadhinglaj, Kolhapur (Maharashtra), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India [RBI] delivered the order cancelling its licence to the bank and the same is effective from the close of business as on June 14, 2014. The Registrar of Co-operativ
जून 17, 2014
RBI cancels Licence of Shri Shivaji Sahakari Bank Ltd, Gadhinglaj, Kolhapur, Maharastra
The Reserve Bank of India has cancelled the licence of Shri Shivaji Sahakari Bank Ltd, Gadhinglaj, Kolhapur, Maharastra to carry on banking business under Section 22 of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) read with Section 56 of Banking Regulation Act, 1949. The licence has been cancelled vide the Reserve Bank’s order UBD.CO.BSD I/LC No. 09/12.22.249/2013-14, dated June 12, 2014. As such, the bank is precluded forthwith from tran
The Reserve Bank of India has cancelled the licence of Shri Shivaji Sahakari Bank Ltd, Gadhinglaj, Kolhapur, Maharastra to carry on banking business under Section 22 of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) read with Section 56 of Banking Regulation Act, 1949. The licence has been cancelled vide the Reserve Bank’s order UBD.CO.BSD I/LC No. 09/12.22.249/2013-14, dated June 12, 2014. As such, the bank is precluded forthwith from tran
जून 16, 2014
RBI penalises Pithoragarh Jila Sahakari Bank Ltd
The Reserve Bank of India has imposed a monetary penalty of ` 5.00 lakh (Rupees five lakh only) on Pithoragarh Jila Sahakari Bank Ltd., Pithoragarh, Uttarakhand in exercise of powers vested in it under the provisions of Section 47(A) read with Section 46 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for non-adherence to Know Your Customers (KYC) norms and Anti Money Laundering (AML) guidelines. The Reserve Bank of India had issued a sh
The Reserve Bank of India has imposed a monetary penalty of ` 5.00 lakh (Rupees five lakh only) on Pithoragarh Jila Sahakari Bank Ltd., Pithoragarh, Uttarakhand in exercise of powers vested in it under the provisions of Section 47(A) read with Section 46 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for non-adherence to Know Your Customers (KYC) norms and Anti Money Laundering (AML) guidelines. The Reserve Bank of India had issued a sh
जून 13, 2014
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Indian Mercantile 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 Indian Mercantile 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 Indian Mercantile Co-operative
The Reserve Bank of India is satisfied that in the interest of the public it is necessary to issue certain directions to Indian Mercantile 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 Indian Mercantile Co-operative
मे 26, 2014
United Commercial Co-operative Bank Ltd., Kanpur, Uttar Pradesh under RBI Directions - Extension of Validity Period of Directions
It is hereby notified for the information of the public that the validity period of directions imposed on United Commercial Co-operative Bank Ltd., Kanpur, Uttar Pradesh as on May 24, 2013 has been extended further as per modified directive for a period of six months from June 1, 2014 to November 30, 2014, subject to review. The other terms and conditions remain unchanged. A copy of the directive dated May 12, 2014 notifying the above modification is displayed at the
It is hereby notified for the information of the public that the validity period of directions imposed on United Commercial Co-operative Bank Ltd., Kanpur, Uttar Pradesh as on May 24, 2013 has been extended further as per modified directive for a period of six months from June 1, 2014 to November 30, 2014, subject to review. The other terms and conditions remain unchanged. A copy of the directive dated May 12, 2014 notifying the above modification is displayed at the
मे 23, 2014
The Merchants’ Co-operative Bank Ltd., Dhule, Maharashtra under RBI Directions
It is hereby notified for the information of the public that validity period of directions imposed on The Merchants’ Co-operative Bank Ltd., Dhule, as on December 12, 2012 has been extended for a further period of six months from June 13, 2014 to December 12, 2014 as per modified directive dated May 15, 2014 subject to review. The other terms and conditions remain unchanged. A copy of the direction dated May 15, 2014 notifying the above modification is displayed at th
It is hereby notified for the information of the public that validity period of directions imposed on The Merchants’ Co-operative Bank Ltd., Dhule, as on December 12, 2012 has been extended for a further period of six months from June 13, 2014 to December 12, 2014 as per modified directive dated May 15, 2014 subject to review. The other terms and conditions remain unchanged. A copy of the direction dated May 15, 2014 notifying the above modification is displayed at th
मे 23, 2014
Lokseva Sahakari Bank Ltd. (Dist.-Pune, Maharashtra) under RBI Directions
Effective close of business on May 20, 2014, the Reserve Bank of India has issued certain Directions to Lokseva Sahakari Bank Ltd. Dist. Pune, Maharashtra. Under the directions, depositors will be allowed to withdraw only ` 1,000/- (Rupees one thousand only) of the total balance held in their savings bank or current account or any other deposit account. The bank has also been restrained from granting or renewing any loans and advances, making any investment, incurring
Effective close of business on May 20, 2014, the Reserve Bank of India has issued certain Directions to Lokseva Sahakari Bank Ltd. Dist. Pune, Maharashtra. Under the directions, depositors will be allowed to withdraw only ` 1,000/- (Rupees one thousand only) of the total balance held in their savings bank or current account or any other deposit account. The bank has also been restrained from granting or renewing any loans and advances, making any investment, incurring
मे 16, 2014
Reserve Bank rejects the Licence Application of Birbhum District Central Co-operative Bank Ltd. in West Bengal
In view of the fact that the Birbhum DCCB has failed to comply with relaxed licensing conditions set by the Reserve Bank of India by September 30, 2012, in consultation with NABARD, the Reserve Bank of India, on May 15, 2014 delivered the order rejecting licence application to the above mentioned bank for conducting banking business in India. The Registrar of Co-operative Societies, West Bengal has been requested to issue an order for winding up of the bank and appoin
In view of the fact that the Birbhum DCCB has failed to comply with relaxed licensing conditions set by the Reserve Bank of India by September 30, 2012, in consultation with NABARD, the Reserve Bank of India, on May 15, 2014 delivered the order rejecting licence application to the above mentioned bank for conducting banking business in India. The Registrar of Co-operative Societies, West Bengal has been requested to issue an order for winding up of the bank and appoin
मे 16, 2014
Reserve Bank rejects the Licence Application of Buldana, Nagpur and Wardha DCCBs in Maharashtra
In view of the fact that the Buldhana, Nagpur and Wardha DCCBs have failed to comply with relaxed licensing conditions set by the Reserve Bank of India by September 30, 2012, in consultation with NABARD, the Reserve Bank of India, on May 15, 2014 delivered the order rejecting licence application to the above mentioned banks for conducting banking business in India. The Registrar of Co-operative Societies (RCS), Maharashtra has been requested to issue an order for wind
In view of the fact that the Buldhana, Nagpur and Wardha DCCBs have failed to comply with relaxed licensing conditions set by the Reserve Bank of India by September 30, 2012, in consultation with NABARD, the Reserve Bank of India, on May 15, 2014 delivered the order rejecting licence application to the above mentioned banks for conducting banking business in India. The Registrar of Co-operative Societies (RCS), Maharashtra has been requested to issue an order for wind
मे 09, 2014
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - The Suri Friends Union Co-operative Bank Ltd. Birbhum, West Bengal
It is hereby notified for 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 read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India has issued certain Directions to The Suri Friends Union Co-operative Bank Ltd. Birbhum, West Bengal, whereby, as from the close of business on April 7, 2014, the aforesaid bank shall not, without prior approval in writing f
It is hereby notified for 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 read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India has issued certain Directions to The Suri Friends Union Co-operative Bank Ltd. Birbhum, West Bengal, whereby, as from the close of business on April 7, 2014, the aforesaid bank shall not, without prior approval in writing f
मे 05, 2014
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - The C.K.P.Co-operative Bank Ltd., Mumbai, Maharashtra
It is hereby notified for 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 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India has issued certain Directions to The C.K.P. Co-operative Bank Ltd., Mumbai, Maharashtra, whereby, as from the close of business on May 02, 2014, the aforesaid bank shall not, withou
It is hereby notified for 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 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India has issued certain Directions to The C.K.P. Co-operative Bank Ltd., Mumbai, Maharashtra, whereby, as from the close of business on May 02, 2014, the aforesaid bank shall not, withou
एप्रि 23, 2014
Reserve Bank rejects the application for grant of licence of Karnataka Rajya Kaigarika Vanijya Sahakara Bank Niyamitha, Bangalore, (Karnataka)
The Reserve Bank of India [the Bank] delivered the order rejecting the application dated May 23, 1966 for grant of licence submitted by Karnataka Rajya Kaigarika Vanijya Sahakara Bank Niyamitha, Bangalore (Karnataka) [the bank], to carry on banking business in India under Section 22 of the Banking Regulation Act, 1949(AACS) [the Act] after being satisfied that the bank does not fulfil the conditions as required in terms of Section 22(3) of the Act. The order is effect
The Reserve Bank of India [the Bank] delivered the order rejecting the application dated May 23, 1966 for grant of licence submitted by Karnataka Rajya Kaigarika Vanijya Sahakara Bank Niyamitha, Bangalore (Karnataka) [the bank], to carry on banking business in India under Section 22 of the Banking Regulation Act, 1949(AACS) [the Act] after being satisfied that the bank does not fulfil the conditions as required in terms of Section 22(3) of the Act. The order is effect
एप्रि 21, 2014
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) Shri Shivaji Sahakari Bank Ltd., Gadhinglaj, Kolhapur, Maharashtra
It is hereby notified for the information of the public that validity period of directions imposed on Shri Shivaji Sahakari Bank Ltd., Gadhinglaj, Kolhapur vide our directives UBD.CO.BSD-I.No.D-61/12.22.249/2011-12 dated October 24, 2011 has been extended for a further period of six months from April 25, 2014 to October 24, 2014 vide our modified directive UBD.CO.BSD-I.No.D-30/12.22.249/2013-14 dated April 16, 2014 subject to review. The other terms and conditions rem
It is hereby notified for the information of the public that validity period of directions imposed on Shri Shivaji Sahakari Bank Ltd., Gadhinglaj, Kolhapur vide our directives UBD.CO.BSD-I.No.D-61/12.22.249/2011-12 dated October 24, 2011 has been extended for a further period of six months from April 25, 2014 to October 24, 2014 vide our modified directive UBD.CO.BSD-I.No.D-30/12.22.249/2013-14 dated April 16, 2014 subject to review. The other terms and conditions rem
एप्रि 04, 2014
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Shri Ganesh Sahakari Bank Ltd., Nashik, Maharashtra
It is hereby notified for the information of the public that validity period of directions imposed on Shree Ganesh Sahakari Bank Ltd., Nashik , vide our directives UBD.CO.BSD-I.No.D-39/12.22.435/2012-13 dated April 01, 2013 has been extended for a further period of six months from April 02, 2014 to October 01, 2014 vide our modified directive UBD.CO.BSD-I.No.D-26/12.22.435/2013-14 dated March 27, 2014 subject to review. The other terms and conditions remain unchanged.
It is hereby notified for the information of the public that validity period of directions imposed on Shree Ganesh Sahakari Bank Ltd., Nashik , vide our directives UBD.CO.BSD-I.No.D-39/12.22.435/2012-13 dated April 01, 2013 has been extended for a further period of six months from April 02, 2014 to October 01, 2014 vide our modified directive UBD.CO.BSD-I.No.D-26/12.22.435/2013-14 dated March 27, 2014 subject to review. The other terms and conditions remain unchanged.
एप्रि 02, 2014
RBI decides to grant “in-principle” approval for banking licences
The Reserve Bank of India (RBI) has decided today to grant “in-principle” approval to two applicants viz., IDFC Limited and Bandhan Financial Services Private Limited, to set up banks under the Guidelines on Licensing of New Banks in the Private Sector issued on February 22, 2013 (Guidelines). These two applicants were also recommended as suitable for grant of “in-principle” approval by the High Level Advisory Committee (HLAC) set up by the RBI. The HLAC had also reco
The Reserve Bank of India (RBI) has decided today to grant “in-principle” approval to two applicants viz., IDFC Limited and Bandhan Financial Services Private Limited, to set up banks under the Guidelines on Licensing of New Banks in the Private Sector issued on February 22, 2013 (Guidelines). These two applicants were also recommended as suitable for grant of “in-principle” approval by the High Level Advisory Committee (HLAC) set up by the RBI. The HLAC had also reco
एप्रि 02, 2014
RBI penalises Vyavasayik Evam Audyogik Sahakari Bank Ltd., Morena, Madhya Pradesh
The Reserve Bank of India has imposed a monetary penalty of Rs. 5.00 lakh (Rupees five lakh only) on Vyavasayik Evam Audyogik Sahakari Bank Ltd., Morena, Madhya Pradesh 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 section 20 of the BR Act 1949 (AACS), the directives/instructions/guidelines of the Reserve Bank on operat
The Reserve Bank of India has imposed a monetary penalty of Rs. 5.00 lakh (Rupees five lakh only) on Vyavasayik Evam Audyogik Sahakari Bank Ltd., Morena, Madhya Pradesh 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 section 20 of the BR Act 1949 (AACS), the directives/instructions/guidelines of the Reserve Bank on operat
भारतीय रिझर्व्ह बँक मोबाईल ॲप्लिकेशन इंस्टॉल करा आणि नवीनतम बातम्यांचा त्वरित ॲक्सेस मिळवा!
पेज अंतिम अपडेट तारीख: सप्टेंबर 06, 2024
