Press Releases - Regulating Co-operative Banking - आरबीआय - Reserve Bank of India
प्रेस रिलीज
एप्रि 18, 2007
Sangli Bank Branches to function as ICICI Bank Branches
Consequent to the amalgamation of the Sangli Bank Ltd. with the ICICI Bank Ltd., all the branches of The Sangli Bank Ltd. shall function as branches of the ICICI Bank Ltd. from April 19, 2007. The Scheme of Amalgamation of The Sangli Bank Ltd. with the ICICI Bank Ltd. was sanctioned by the Reserve Bank of India In exercise of the powers contained in Sub-section (4) of Section 44A of the Banking Regulation Act, 1949 G. Raghuraj Deputy General ManagerPress Release : 200
Consequent to the amalgamation of the Sangli Bank Ltd. with the ICICI Bank Ltd., all the branches of The Sangli Bank Ltd. shall function as branches of the ICICI Bank Ltd. from April 19, 2007. The Scheme of Amalgamation of The Sangli Bank Ltd. with the ICICI Bank Ltd. was sanctioned by the Reserve Bank of India In exercise of the powers contained in Sub-section (4) of Section 44A of the Banking Regulation Act, 1949 G. Raghuraj Deputy General ManagerPress Release : 200
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मार्च 30, 2007
Reserve Bank Cancels the Licence of Shri Balasheb Satbhai Merchants Co-operative Bank Ltd., Kopergaon, Ahmednagar (erstwhile The Kopergaon Taluka Merchants Co-operative Bank Ltd., Kopergaon)
In view of the fact that Shri Balasheb Satbhai Merchants Co-operative Bank Ltd., Kopergaon, Ahmednagar, 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, on March 29,2007, delivered the order canceling its licence. The Registrar of Co-operative Societies, Maharashtra has also been requested
In view of the fact that Shri Balasheb Satbhai Merchants Co-operative Bank Ltd., Kopergaon, Ahmednagar, 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, on March 29,2007, delivered the order canceling its licence. The Registrar of Co-operative Societies, Maharashtra has also been requested
मार्च 30, 2007
The Bharat Overseas Bank Ltd branches to operate as Indian Overseas Bank branches from April 3, 2007
The Government of India had, approved the Scheme of Transfer of Undertaking of The Bharat Overseas Bank Ltd to Indian Overseas Bank and the scheme of Transfer of Undertaking shall be effective as at the close of business on March 31, 2007. All the branches of The Bharat Overseas Bank Ltd will function as branches of Indian Overseas Bank thereafter. Customers, including depositors of The Bharat Overseas Bank Ltd., will be able to operate their accounts as customers of
The Government of India had, approved the Scheme of Transfer of Undertaking of The Bharat Overseas Bank Ltd to Indian Overseas Bank and the scheme of Transfer of Undertaking shall be effective as at the close of business on March 31, 2007. All the branches of The Bharat Overseas Bank Ltd will function as branches of Indian Overseas Bank thereafter. Customers, including depositors of The Bharat Overseas Bank Ltd., will be able to operate their accounts as customers of
मार्च 28, 2007
Reserve Bank cancels the Licence of The Anand Urban Co-operative Bank Ltd., Anand Gujarat
In view of the fact that the Anand Urban Co-operative Bank Ltd., Anand, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on March 27, 2007 delivered the Order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for winding u
In view of the fact that the Anand Urban Co-operative Bank Ltd., Anand, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on March 27, 2007 delivered the Order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for winding u
मार्च 07, 2007
Reserve Bank rejects the Licence Application of The Umreth Peoples Co-operative Bank Ltd., Umreth, Gujarat
In view of the fact that the Umreth Peoples Co-operative Bank Ltd., Umreth, Kheda, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on March 06, 2007 delivered the order rejecting its licence application to the bank for conducting banking business in India. The Registrar of Co-operative Societies,
In view of the fact that the Umreth Peoples Co-operative Bank Ltd., Umreth, Kheda, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on March 06, 2007 delivered the order rejecting its licence application to the bank for conducting banking business in India. The Registrar of Co-operative Societies,
मार्च 07, 2007
Reserve Bank Cancels the Licence of The Basavakalyan Pattana Sahakara Bank Niyamith, Basavakalyan, (Karnataka)
In view of the fact that The Basavakalyan Pattana Sahakara Bank Niyamith, Basavakalyan, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on March 5, 2007. The Registrar of Co-operative Societies, Karn
In view of the fact that The Basavakalyan Pattana Sahakara Bank Niyamith, Basavakalyan, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on March 5, 2007. The Registrar of Co-operative Societies, Karn
फेब्रु 15, 2007
Reserve Bank cancels the Licence of The Adarsh Mahila Co-operative Bank Ltd, Mehsana, Gujarat
In view of the fact that the Adarsh Mahila Co-operative Bank Ltd., Mehsana, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on February 15, 2007 delivered the Order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for wi
In view of the fact that the Adarsh Mahila Co-operative Bank Ltd., Mehsana, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on February 15, 2007 delivered the Order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for wi
फेब्रु 07, 2007
Reserve Bank cancels the Licence of The Sarvodaya Nagrik Sahakari Bank Ltd, Visnagar, Gujarat
In view of the fact that the Sarvodaya Nagrik Sahakari Bank Ltd., Visnagar, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on February 02, 2007 delivered the Order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for wi
In view of the fact that the Sarvodaya Nagrik Sahakari Bank Ltd., Visnagar, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on February 02, 2007 delivered the Order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for wi
फेब्रु 06, 2007
Reserve Bank Cancels the Licence of The Rajkot Mahila Nagrik Sahakari Bank Ltd., Rajkot, Gujarat
In view of the fact that the Rajkot Mahila Nagrik Sahakari Bank Ltd., Rajkot, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on January 31, 2007 delivered the order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for w
In view of the fact that the Rajkot Mahila Nagrik Sahakari Bank Ltd., Rajkot, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on January 31, 2007 delivered the order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for w
फेब्रु 05, 2007
Reserve Bank Cancels the Licence of The Harugeri Urban Co-operative Credit Bank Ltd., Harugeri, Karnataka
In view of the fact that the Harugeri Urban Co-operative Credit Bank Ltd., Harugeri, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on January 22, 2007. The Registrar of Co-operative Societies, Karna
In view of the fact that the Harugeri Urban Co-operative Credit Bank Ltd., Harugeri, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on January 22, 2007. The Registrar of Co-operative Societies, Karna
जाने 19, 2007
Ministry of Agriculture, Government of India signs MoU with RBI for Multi-State Urban Co-operative Banks
Ministry of Agriculture, Government of India and the Reserve Bank of India, on January 16, 2007, signed a Memorandum of Understanding (MoU) with regard to Multi State Urban Co-operative Banks in the country. Consequent upon this, a Central level Task Force on Multi State Urban Co-operative Banks (TAFCUB) has been constituted. Shri N.S.Vishwanathan, Chief General Manager-in-Charge, Reserve Bank of India, Urban Banks Department, Central Office, Mumbai is the Chairman of
Ministry of Agriculture, Government of India and the Reserve Bank of India, on January 16, 2007, signed a Memorandum of Understanding (MoU) with regard to Multi State Urban Co-operative Banks in the country. Consequent upon this, a Central level Task Force on Multi State Urban Co-operative Banks (TAFCUB) has been constituted. Shri N.S.Vishwanathan, Chief General Manager-in-Charge, Reserve Bank of India, Urban Banks Department, Central Office, Mumbai is the Chairman of
डिसें 11, 2006
Reserve Bank Cancels the Licence of The Karamsad Urban Co-operative Bank Ltd., Karamsad (Gujarat)
In view of the fact that the Karamsad Urban Co-operative Bank Ltd., Karamsad Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank on December 09, 2006. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for wi
In view of the fact that the Karamsad Urban Co-operative Bank Ltd., Karamsad Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank on December 09, 2006. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for wi
डिसें 06, 2006
Reserve Bank Cancels the Licence of the Sindh Mercantile Co-op. Bank Ltd., Ahmedabad (Gujarat State)
In view of the fact that the Sindh Mercantile Co-op. Bank Ltd. (Gujarat) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on November 28, 2006. The Registrar of Co-operative Societies, Gujarat State has also been requested to
In view of the fact that the Sindh Mercantile Co-op. Bank Ltd. (Gujarat) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on November 28, 2006. The Registrar of Co-operative Societies, Gujarat State has also been requested to
नोव्हें 24, 2006
Reserve Bank Penalises Jamkhed Merchants Co-op.Bank Ltd., Jamkhed, Dist.Ahmednagar
The Reserve Bank of India has, 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) imposed a monetary penalty of Rs.5.00 lakh (rupees five lakh only) on the Jamkhed Merchants Co-operative Bank Ltd., Jamkhed, Dist. Ahmednagar for violation of the Reserve Bank of India’s directives dated October 1, 2003 prohibiting loans and advances to director
The Reserve Bank of India has, 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) imposed a monetary penalty of Rs.5.00 lakh (rupees five lakh only) on the Jamkhed Merchants Co-operative Bank Ltd., Jamkhed, Dist. Ahmednagar for violation of the Reserve Bank of India’s directives dated October 1, 2003 prohibiting loans and advances to director
नोव्हें 22, 2006
Report of the Working Group to examine issues relating to augmenting capital of UCBs
The Reserve Bank of India (RBI) today placed on its website (www.rbi.org.in) Report of the and to identify alternate instruments / avenues for augmenting their capital funds.The feedback can also be faxed to 91-22-24974030. The Group has identified four new instruments to enable the UCBs to raise long term capital/quasi capital funds. These are: (i) Unsecured, subordinated, non-convertible redeemable debentures/bonds, (ii) Special shares which are non-voting in nature
The Reserve Bank of India (RBI) today placed on its website (www.rbi.org.in) Report of the and to identify alternate instruments / avenues for augmenting their capital funds.The feedback can also be faxed to 91-22-24974030. The Group has identified four new instruments to enable the UCBs to raise long term capital/quasi capital funds. These are: (i) Unsecured, subordinated, non-convertible redeemable debentures/bonds, (ii) Special shares which are non-voting in nature
नोव्हें 21, 2006
Reserve Bank Cancels the Licence of The Urban Co-operative Bank Ltd., Dimapur (Nagaland)
In view of the fact that the Urban Co-operative Bank Ltd., Dimapur (Nagaland) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Nagaland had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on November 15, 2006. The Registrar of Co-operative Societies, Nagaland has also been requested to
In view of the fact that the Urban Co-operative Bank Ltd., Dimapur (Nagaland) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Nagaland had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on November 15, 2006. The Registrar of Co-operative Societies, Nagaland has also been requested to
ऑक्टो 19, 2006
Reserve Bank Cancels the Licence of The Bharat Mercantile Co-operative Urban Bank Limited, Hyderabad (Andhra Pradesh
In view of the fact that the The Bharat Mercantile Co-operative Urban Bank Limited, Hyderabad (Andhra Pradesh) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Andhra Pradesh had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India (RBI) delivered the order, cancelling its licence to the bank after the close of business on October 17,2006. The Registrar of Co-
In view of the fact that the The Bharat Mercantile Co-operative Urban Bank Limited, Hyderabad (Andhra Pradesh) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Andhra Pradesh had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India (RBI) delivered the order, cancelling its licence to the bank after the close of business on October 17,2006. The Registrar of Co-
सप्टें 30, 2006
The United Western Bank Ltd. branches to operate as Industrial Development Bank of India Ltd. branches from October 3, 2006
The Government of India has today sanctioned the Scheme for the amalgamation of The United Western Bank Ltd. with Industrial Development Bank of India Ltd. The amalgamation will come into force on October 3, 2006. All the branches of The United Western Bank Ltd. will function as branches of Industrial Development Bank of India Ltd. with effect from this date. Customers, including depositors of The United Western Bank Ltd., will be able to operate their accounts as cus
The Government of India has today sanctioned the Scheme for the amalgamation of The United Western Bank Ltd. with Industrial Development Bank of India Ltd. The amalgamation will come into force on October 3, 2006. All the branches of The United Western Bank Ltd. will function as branches of Industrial Development Bank of India Ltd. with effect from this date. Customers, including depositors of The United Western Bank Ltd., will be able to operate their accounts as cus
सप्टें 01, 2006
The Ganesh Bank of Kurundwad Ltd. branches to operate as The Federal Bank Ltd. branches from September 2, 2006
The Government of India had, on January 24, 2006, sanctioned the Scheme of Amalgamation of The Ganesh Bank of Kurundwad Ltd. with The Federal Bank Ltd. However, the implementation of the Scheme of Amalgamation had been stayed in terms of the Bombay High Court orders dated January 27, 2006 and April 5, 2006 and the Supreme Court order dated May 1, 2006. The Supreme Court’s order dated August 28, 2006 has brought into force the said Scheme of Amalgamation. Accordingly,
The Government of India had, on January 24, 2006, sanctioned the Scheme of Amalgamation of The Ganesh Bank of Kurundwad Ltd. with The Federal Bank Ltd. However, the implementation of the Scheme of Amalgamation had been stayed in terms of the Bombay High Court orders dated January 27, 2006 and April 5, 2006 and the Supreme Court order dated May 1, 2006. The Supreme Court’s order dated August 28, 2006 has brought into force the said Scheme of Amalgamation. Accordingly,
ऑग 17, 2006
Reserve Bank Cancels the Licence of The Kanyaka Parameshwari Mutually Aided Co-operative Urban Bank Ltd., Andhra Pradesh
In view of the fact that the The Kanyaka Parameshwari Mutually Aided Co-operative Urban Bank Ltd., Kukatpally, R.R. District, Andhra Pradesh had ceased to be solvent, all efforts to revive it in close consultation with the Government of Andhra Pradesh had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on August 16, 200
In view of the fact that the The Kanyaka Parameshwari Mutually Aided Co-operative Urban Bank Ltd., Kukatpally, R.R. District, Andhra Pradesh had ceased to be solvent, all efforts to revive it in close consultation with the Government of Andhra Pradesh had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on August 16, 200
ऑग 03, 2006
Reserve Bank Cancels the Licence of the Challakere Urban Co-operative Bank Ltd., Challakere (Karnataka)
In view of the fact that the The Challakere Urban Co-operative Bank Ltd., Challakere (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on August 02, 2006. The Registrar of Co-operative Societies, Karna
In view of the fact that the The Challakere Urban Co-operative Bank Ltd., Challakere (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on August 02, 2006. The Registrar of Co-operative Societies, Karna
जुलै 28, 2006
Reserve Bank Cancels the Licence of Sri Sampige Siddeswara Urban Co-operative Bank Ltd., Chitradurga, (Karnataka)
In view of the fact that the Sri Sampige Siddeswara Urban Co-operative Bank Ltd., Chitradurga, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on July 26, 2006. The Registrar of Co-operative Societie
In view of the fact that the Sri Sampige Siddeswara Urban Co-operative Bank Ltd., Chitradurga, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on July 26, 2006. The Registrar of Co-operative Societie
जुलै 07, 2006
Moratorium on Ganesh Bank of Kurundwad Ltd.
The Central Government on an application made by Reserve Bank of India has issued an order of moratorium on the Ganesh Bank of Kurundwad Ltd. for the period from the close of business on July 7, 2006 up to and inclusive of October 6, 2006 under the provisions of sub-Section (2) of Section 45 of the Banking Regulation Act, 1949. The moratorium has been declared in public interest, in the interest of the depositors and the banking system. G.Raghuraj Deputy General Manag
The Central Government on an application made by Reserve Bank of India has issued an order of moratorium on the Ganesh Bank of Kurundwad Ltd. for the period from the close of business on July 7, 2006 up to and inclusive of October 6, 2006 under the provisions of sub-Section (2) of Section 45 of the Banking Regulation Act, 1949. The moratorium has been declared in public interest, in the interest of the depositors and the banking system. G.Raghuraj Deputy General Manag
जुलै 04, 2006
Reserve Bank Cancels the Licence of Purna Nagari Sahakari Bank Ltd., Purna, Dist.Parbhani (Maharashtra)
In view of the fact that Purna Nagari Sahakari Bank Ltd., Purna, Dist.Parbhani (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 delivered the order canceling its licence to the bank on July 1, 2006. The Registrar of Co-operative Societies, Maharashtra has also been requested to issue an or
In view of the fact that Purna Nagari Sahakari Bank Ltd., Purna, Dist.Parbhani (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 delivered the order canceling its licence to the bank on July 1, 2006. The Registrar of Co-operative Societies, Maharashtra has also been requested to issue an or
जून 26, 2006
Reserve Bank Cancels the Licence of Bangalore Mercantile Co-operative Bank Ltd., Bangalore
In view of the fact that the Bangalore Mercantile Co-operative Bank Ltd., Bangalore, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on June 23, 2006. The Registrar of Co-operative Societies, Karnata
In view of the fact that the Bangalore Mercantile Co-operative Bank Ltd., Bangalore, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on June 23, 2006. The Registrar of Co-operative Societies, Karnata
जून 21, 2006
Reserve Bank Cancels the Licence of The Parbhani People's Co-operative Bank Ltd., Parbhani (Maharashtra)
In view of the fact that the The Parbhani People's Co-operative Bank Ltd., Parbhani, 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 delivered the order canceling its licence to the bank on June 16, 2006. The Registrar of Co-operative Societies, Maharashtra has also been requested to issue
In view of the fact that the The Parbhani People's Co-operative Bank Ltd., Parbhani, 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 delivered the order canceling its licence to the bank on June 16, 2006. The Registrar of Co-operative Societies, Maharashtra has also been requested to issue
जून 15, 2006
Reserve Bank Cancels the Licence of the Shriram Sahakari Bank Ltd., Nashik (Maharashtra)
In view of the fact that the Shriram Sahakari Bank Ltd., Nashik, 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 delivered the order canceling its licence to the bank on June 13, 2006 at 10.30 a.m. The Registrar of Co-operative Societies, Maharashtra has also been requested to issue an orde
In view of the fact that the Shriram Sahakari Bank Ltd., Nashik, 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 delivered the order canceling its licence to the bank on June 13, 2006 at 10.30 a.m. The Registrar of Co-operative Societies, Maharashtra has also been requested to issue an orde
मे 31, 2006
Reserve Bank Cancels the Licence of The Ichalkaranji Jiveshwar, Sahakari Bank Ltd., Ichalkaranji
In view of the fact that the Ichalkaranji Jiveshwar Sahakari Bank Ltd., Ichalkaranji, Dist., 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 delivered the order cancelling its licence to the bank on May 30, 2006. The Registrar of Co-operative Societies, Maharashtra has also been r
In view of the fact that the Ichalkaranji Jiveshwar Sahakari Bank Ltd., Ichalkaranji, Dist., 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 delivered the order cancelling its licence to the bank on May 30, 2006. The Registrar of Co-operative Societies, Maharashtra has also been r
मे 17, 2006
Reserve Bank Cancels the Licence of The Baroda Mercantile Co-operative Bank Ltd., Vadodara (Gujarat)
In view of the fact that the Baroda Mercantile Co-operative Bank Ltd., Vadodara Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank on May 16, 2006 at 2:40 p. m. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an o
In view of the fact that the Baroda Mercantile Co-operative Bank Ltd., Vadodara Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank on May 16, 2006 at 2:40 p. m. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an o
मे 16, 2006
Reserve Bank Cancels the Licence of The Onake Obavva Mahila Co-operative Bank Ltd., Chitradurga (Karnataka)
In view of the fact that the The Onake Obavva Mahila Co-operative Bank Ltd., Chitradurga (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on May 12, 2006. The Registrar of Co-operative Societies, Karn
In view of the fact that the The Onake Obavva Mahila Co-operative Bank Ltd., Chitradurga (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on May 12, 2006. The Registrar of Co-operative Societies, Karn
मे 03, 2006
Reserve Bank Cancels the Licence of the Mahila Nagrik Sahkari Bank Maryadit, Khargone, Madhya Pradesh
In view of the fact that the Mahila Nagrik Sahkari Bank Maryadit, Khargone , Madhya Pradesh had ceased to be solvent, all efforts to revive it in close consultation with the Government of Madhya Pradesh had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on May 2, 2006 . The Registrar of Co-operative Societies, Madhya Pradesh has a
In view of the fact that the Mahila Nagrik Sahkari Bank Maryadit, Khargone , Madhya Pradesh had ceased to be solvent, all efforts to revive it in close consultation with the Government of Madhya Pradesh had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on May 2, 2006 . The Registrar of Co-operative Societies, Madhya Pradesh has a
एप्रि 26, 2006
RBI penalises Tamilnad Mercantile Bank
The Reserve Bank of India has, in exercise of powers vested in it under the provisions of Section 47A(1)(b) of the Banking Regulation Act, 1949, imposed a penalty of Rs. 5.00 Lakh (Rupees Five Lakh only) on the Tamilnad Mercantile Bank Ltd. The penalty has been levied for violation of RBI regulations in not ensuring end-use of bank's funds lent to various borrowers which was also facilitated by not ensuring diligent compliance with know your customer (KYC) norms in op
The Reserve Bank of India has, in exercise of powers vested in it under the provisions of Section 47A(1)(b) of the Banking Regulation Act, 1949, imposed a penalty of Rs. 5.00 Lakh (Rupees Five Lakh only) on the Tamilnad Mercantile Bank Ltd. The penalty has been levied for violation of RBI regulations in not ensuring end-use of bank's funds lent to various borrowers which was also facilitated by not ensuring diligent compliance with know your customer (KYC) norms in op
मार्च 21, 2006
RBI Cancels the Licence of The Hyderabad Cooperative Urban Bank Ltd., Yakutpura, Hyderabad, (Andhra Pradesh)
In view of the fact that the Hyderabad Cooperative Urban Bank Ltd., Yakutpura, Hyderabad, (Andhra Pradesh) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Andhra Pradesh had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on March 7, 2006. Immediately on cancellation of th
In view of the fact that the Hyderabad Cooperative Urban Bank Ltd., Yakutpura, Hyderabad, (Andhra Pradesh) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Andhra Pradesh had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on March 7, 2006. Immediately on cancellation of th
मार्च 09, 2006
Reserve Bank Cancels the Licence of The Dabhoi Nagrik Sahakari Bank Ltd., Dabhoi, Gujarat
In view of the fact that the Dabhoi Nagrik Sahakari Bank Ltd., Dabhoi Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on March 7,2006 . The Registrar of Co-operative Societies, Gujarat has also been requested to issu
In view of the fact that the Dabhoi Nagrik Sahakari Bank Ltd., Dabhoi Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on March 7,2006 . The Registrar of Co-operative Societies, Gujarat has also been requested to issu
फेब्रु 16, 2006
Reserve Bank Cancels the Licence of The Dhansura People's Co-operative Bank Ltd., Dhansura, Gujarat
In view of the fact that the Dhansura People's Co-operative Bank Ltd., Dhansura Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on February 15, 2006 . The Registrar of Co-operative Societies, Gujarat has also been re
In view of the fact that the Dhansura People's Co-operative Bank Ltd., Dhansura Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on February 15, 2006 . The Registrar of Co-operative Societies, Gujarat has also been re
जाने 24, 2006
The Ganesh Bank of Kurundwad Ltd. branches to operate as The Federal Bank Ltd branches from January 25, 2006
The Government of India has today sanctioned the Scheme for the amalgamation of The Ganesh Bank of Kurundwad Ltd., with The Federal Bank Ltd. The amalgamation will come into force on January 25, 2006. All the branches of The Ganesh Bank of Kurundwad Ltd., will function as branches of The Federal Bank Ltd., with effect from this date. Customers, including depositors of The Ganesh Bank of Kurundwad Ltd., will be able to operate their accounts as customers of The Federal
The Government of India has today sanctioned the Scheme for the amalgamation of The Ganesh Bank of Kurundwad Ltd., with The Federal Bank Ltd. The amalgamation will come into force on January 25, 2006. All the branches of The Ganesh Bank of Kurundwad Ltd., will function as branches of The Federal Bank Ltd., with effect from this date. Customers, including depositors of The Ganesh Bank of Kurundwad Ltd., will be able to operate their accounts as customers of The Federal
जाने 07, 2006
GOI places Ganesh Bank of Kurundwad Ltd under Moratorium from Close of business on January 7, 2006
On an application of the Reserve Bank of India, the Central Government has today issued an Order of Moratorium in respect of the Ganesh Bank of Kurundwad Ltd Registered Office: Kurundwad, Kurundwad –416 106, Kolhapur (District), Maharashtra. The Order of Moratorium has been passed by the Central Government in the public interest, in the interest of depositors and the banking system. The moratorium will be effective from the close of business on Saturday January 7, 200
On an application of the Reserve Bank of India, the Central Government has today issued an Order of Moratorium in respect of the Ganesh Bank of Kurundwad Ltd Registered Office: Kurundwad, Kurundwad –416 106, Kolhapur (District), Maharashtra. The Order of Moratorium has been passed by the Central Government in the public interest, in the interest of depositors and the banking system. The moratorium will be effective from the close of business on Saturday January 7, 200
डिसें 14, 2005
Reserve Bank Cancels the Licence of The Janata Co-operative Bank Ltd., Nadiad, Gujarat
In view of the fact that The Janata Co-operative Bank Ltd., Nadiad, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on December 09, 2005 at 11.00 a. m. delivered the order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order
In view of the fact that The Janata Co-operative Bank Ltd., Nadiad, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on December 09, 2005 at 11.00 a. m. delivered the order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order
डिसें 07, 2005
Reserve Bank Cancels the Licence of Nagrik Sahakari Bank Maryadit, Ratlam, (Madhya Pradesh)
In view of the fact that the Nagrik Sahakari Bank Maryadit, Ratlam, (Madhya Pradesh) had ceased to be solvent, efforts to revive it in consultation with the Government of Madhya Pradesh had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India, on December 7, 2005, delivered the order canceling its licence to the bank. The Registrar of Cooperative Societies, Madhya Pradesh has also been requested to issue a
In view of the fact that the Nagrik Sahakari Bank Maryadit, Ratlam, (Madhya Pradesh) had ceased to be solvent, efforts to revive it in consultation with the Government of Madhya Pradesh had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India, on December 7, 2005, delivered the order canceling its licence to the bank. The Registrar of Cooperative Societies, Madhya Pradesh has also been requested to issue a
नोव्हें 23, 2005
Reserve Bank Cancels the Licence of Natpur Cooperative Bank Ltd., Nadiad, Gujarat
In view of the fact that the Natpur Co-operative Bank Ltd., Nadiad Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on November 22, 2005, at 12.00 noon delivered the order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order
In view of the fact that the Natpur Co-operative Bank Ltd., Nadiad Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on November 22, 2005, at 12.00 noon delivered the order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order
नोव्हें 18, 2005
Reserve Bank Rejects the Licence of The Kotagiri Co-operative Urban Bank Ltd., Kotagiri , Tamil Nadu
The Reserve Bank of India has on November 17, 2005 rejected the licence application of the Kotagiri Co-operative Urban Bank Ltd., Kotagiri, in view of the fact that 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, Chennai has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. It may be highlig
The Reserve Bank of India has on November 17, 2005 rejected the licence application of the Kotagiri Co-operative Urban Bank Ltd., Kotagiri, in view of the fact that 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, Chennai has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. It may be highlig
नोव्हें 18, 2005
Reserve Bank Cancels the Licence of Sarvodaya Mahila Co-operative Bank Ltd., Burhanpur, (Madhya Pradesh)
In view of the fact that the Sarvodaya Mahila Co-operative Bank Ltd., Burhanpur, (Madhya Pradesh) had ceased to be solvent, efforts to revive it in consultation with the Government of Madhya Pradesh had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India, on November 17, 2005, delivered the order canceling its licence to the bank. The Registrar of Cooperative Societies, Madhya Pradesh has also been reques
In view of the fact that the Sarvodaya Mahila Co-operative Bank Ltd., Burhanpur, (Madhya Pradesh) had ceased to be solvent, efforts to revive it in consultation with the Government of Madhya Pradesh had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India, on November 17, 2005, delivered the order canceling its licence to the bank. The Registrar of Cooperative Societies, Madhya Pradesh has also been reques
ऑक्टो 28, 2005
Reserve Bank Cancels the Licence of The Anand People's Co-operative Bank Ltd., Anand, Gujarat
The Reserve Bank of India has on October 26, 2005 cancelled the licence granted to The Anand People's Co-operative Bank Ltd., Anand, Gujarat, in view of the fact that it had ceased to be solvent. All efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty. The Registrar of Cooperative Societies, Gujarat has also been requested to issue an order for winding up the bank an
The Reserve Bank of India has on October 26, 2005 cancelled the licence granted to The Anand People's Co-operative Bank Ltd., Anand, Gujarat, in view of the fact that it had ceased to be solvent. All efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty. The Registrar of Cooperative Societies, Gujarat has also been requested to issue an order for winding up the bank an
सप्टें 30, 2005
RBI imposes penalty on Kangra Central Co-operative Bank Limited, Kangra, Himachal Pradesh
The Reserve Bank of India imposed a penalty of Rs.5,00,000/- (Rupees five lakh only) on Kangra Central Co-operative Bank Limited, Kangra, Himachal Pradesh, under Section 46(4) read with Section 47(A)(1)(b) of the Banking Regulation Act, 1949 (as applicable to Co-operative Societies) for violation of instructions/guidelines issued by the Reserve Bank in regard to non-SLR investment. P.V.Sadanandan Manager Press Release: 2005-2006/408
The Reserve Bank of India imposed a penalty of Rs.5,00,000/- (Rupees five lakh only) on Kangra Central Co-operative Bank Limited, Kangra, Himachal Pradesh, under Section 46(4) read with Section 47(A)(1)(b) of the Banking Regulation Act, 1949 (as applicable to Co-operative Societies) for violation of instructions/guidelines issued by the Reserve Bank in regard to non-SLR investment. P.V.Sadanandan Manager Press Release: 2005-2006/408
सप्टें 17, 2005
Reserve Bank cancels the licence of The Metro Cooperative Bank Ltd., Surat, Gujarat
The Reserve Bank of India, vide its order of September 8, 2005 cancelled the licence granted to the Metro Cooperative Bank Ltd., Surat Gujarat, in view of the fact that it had ceased to be solvent. The order cancelling its licence was delivered to the bank on September 16, 2005 at 11.00 a. m. A requisition has been made to the Registrar of Cooperative Societies (RCS), Gujarat for winding up of The Metro Cooperative Bank Ltd., Surat, Gujarat and to appoint a liquidator
The Reserve Bank of India, vide its order of September 8, 2005 cancelled the licence granted to the Metro Cooperative Bank Ltd., Surat Gujarat, in view of the fact that it had ceased to be solvent. The order cancelling its licence was delivered to the bank on September 16, 2005 at 11.00 a. m. A requisition has been made to the Registrar of Cooperative Societies (RCS), Gujarat for winding up of The Metro Cooperative Bank Ltd., Surat, Gujarat and to appoint a liquidator
सप्टें 13, 2005
Reserve Bank Cancels the Licence of Shri Vitrag Co-operative Bank Ltd., Surat, Gujarat
The Reserve Bank of India, has on September 1, 2005, cancelled the licence granted to Shri Vitrag Co-operative Bank Ltd., Surat, Gujarat, in view of the fact that it had ceased to be solvent. The order canceling its licence was delivered to the bank on September 6, 2005. A requisition has been made to the Registrar of Co-operative Societies (RCS), Gujarat for winding up of Shri Vitrag Co-operative Bank Ltd., Surat, Gujarat and to appoint a liquidator therefore. It may
The Reserve Bank of India, has on September 1, 2005, cancelled the licence granted to Shri Vitrag Co-operative Bank Ltd., Surat, Gujarat, in view of the fact that it had ceased to be solvent. The order canceling its licence was delivered to the bank on September 6, 2005. A requisition has been made to the Registrar of Co-operative Societies (RCS), Gujarat for winding up of Shri Vitrag Co-operative Bank Ltd., Surat, Gujarat and to appoint a liquidator therefore. It may
जून 11, 2005
Reserve Bank cancels the licence of The Century Co-operative Bank Ltd., Surat, Gujarat
The Reserve Bank of India, has on June 7, 2005, cancelled the licence granted to The Century Co-operative Bank Ltd., Surat, Gujarat, in view of the fact that it had ceased to be solvent. The order canceling its licence was delivered to the bank on June 10, 2005 at 10.00 a.m. A requisition has been made to the Registrar of Co-operative Societies, Gujarat for winding up of The Century Co-operative Bank Ltd., Surat, Gujarat and to appoint a liquidator therefor. It may be
The Reserve Bank of India, has on June 7, 2005, cancelled the licence granted to The Century Co-operative Bank Ltd., Surat, Gujarat, in view of the fact that it had ceased to be solvent. The order canceling its licence was delivered to the bank on June 10, 2005 at 10.00 a.m. A requisition has been made to the Registrar of Co-operative Societies, Gujarat for winding up of The Century Co-operative Bank Ltd., Surat, Gujarat and to appoint a liquidator therefor. It may be
जून 08, 2005
Reserve Bank cancels the licence of The Royale Co-operative Bank Ltd., Surat, Gujarat
The Reserve Bank of India, has on June 2, 2005, cancelled the licence granted to the Royale Co-operative Bank Ltd., Surat, Gujarat, in view of the fact that it had ceased to be solvent. The order canceling the licence was delivered to the bank on June 7, 2005. The Registrar of Co-operative Societies, Gujarat has been requested for winding up of The Royale Co-operative Bank Ltd., Surat, Gujarat and to appoint a liquidator thereof. The Reserve Bank further said that eve
The Reserve Bank of India, has on June 2, 2005, cancelled the licence granted to the Royale Co-operative Bank Ltd., Surat, Gujarat, in view of the fact that it had ceased to be solvent. The order canceling the licence was delivered to the bank on June 7, 2005. The Registrar of Co-operative Societies, Gujarat has been requested for winding up of The Royale Co-operative Bank Ltd., Surat, Gujarat and to appoint a liquidator thereof. The Reserve Bank further said that eve
जून 08, 2005
Reserve Bank cancels the licence of Shri Swaminarayan Co-operative Bank Ltd. Vadodara, Gujarat
The Reserve Bank of India, has on June 2, 2005, cancelled the licence granted to Shri Swaminarayan Co-operative Bank Ltd.Vadodara., Gujarat, in view of the fact that it had ceased to be solvent. The order canceling the licence was delivered to the bank on June 7, 2005. The Registrar of Co-operative Societies, Gujarat has been requested for winding up of Shri Swaminarayan Co-operative Bank Ltd.Vadodara, Gujarat and to appoint a liquidator thereof. The Reserve Bank furt
The Reserve Bank of India, has on June 2, 2005, cancelled the licence granted to Shri Swaminarayan Co-operative Bank Ltd.Vadodara., Gujarat, in view of the fact that it had ceased to be solvent. The order canceling the licence was delivered to the bank on June 7, 2005. The Registrar of Co-operative Societies, Gujarat has been requested for winding up of Shri Swaminarayan Co-operative Bank Ltd.Vadodara, Gujarat and to appoint a liquidator thereof. The Reserve Bank furt
मे 25, 2005
Sivagangai District Central Co-operative Bank Ltd.
There have been enquiries regarding the present status of the Sivagangai District Central Co-operative Bank Ltd., which has been placed under directions. The National Bank for Agriculture and Rural Development (NABARD) has since completed the inspection of the Sivagangai District Central Co-operative Bank Ltd., and submitted its report to the Reserve Bank of India. A copy of the report has also been forwarded to the Sivagangai District Central Co-operative Bank Ltd. B
There have been enquiries regarding the present status of the Sivagangai District Central Co-operative Bank Ltd., which has been placed under directions. The National Bank for Agriculture and Rural Development (NABARD) has since completed the inspection of the Sivagangai District Central Co-operative Bank Ltd., and submitted its report to the Reserve Bank of India. A copy of the report has also been forwarded to the Sivagangai District Central Co-operative Bank Ltd. B
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पेज अंतिम अपडेट तारीख: जुलै 30, 2025
