Press Releases - Regulating Co-operative Banking - आरबीआय - Reserve Bank of India
प्रेस रिलीज
नोव्हें 24, 2022
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - The Malkapur Urban Co-operative Bank Ltd., Buldhana, Maharashtra - Extension of Period
The Reserve Bank of India issued Directions to The Malkapur Urban Co-operative Bank Ltd., Buldhana, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DOS.CO.NSUCBs-West/D-3/S2050/12.07.005/2021-22 dated November 24, 2021, as modified from time to time, which were last extended up to November 24, 2022 vide Directive DOR.MON/D-26/12.22.638/2022-23 dated August 23, 2022. 2. The Reserve Bank of India is satisfied that in
The Reserve Bank of India issued Directions to The Malkapur Urban Co-operative Bank Ltd., Buldhana, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DOS.CO.NSUCBs-West/D-3/S2050/12.07.005/2021-22 dated November 24, 2021, as modified from time to time, which were last extended up to November 24, 2022 vide Directive DOR.MON/D-26/12.22.638/2022-23 dated August 23, 2022. 2. The Reserve Bank of India is satisfied that in
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नोव्हें 23, 2022
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Garha Co-operative Bank Ltd., Guna- Extension of period
The Reserve Bank of India, in the public interest, had issued directions to Garha Co-operative Bank Ltd., Guna, Madhya Pradesh in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on February 24, 2021. The validity of the directions was extended from time-to-time, the last being up to November 24, 2022. The Reserve Bank of India has now further extended the D
The Reserve Bank of India, in the public interest, had issued directions to Garha Co-operative Bank Ltd., Guna, Madhya Pradesh in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on February 24, 2021. The validity of the directions was extended from time-to-time, the last being up to November 24, 2022. The Reserve Bank of India has now further extended the D
नोव्हें 17, 2022
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra - Extension of Period
The Reserve Bank of India, in the public interest, had issued directions to Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) vide Directive DCBS.CO.BSD-I/D-7/12.22.395/2017-18 dated May 18, 2018 as modified from time to time, last being vide Directive DOR.MON/D-24/12.22.395/2022-23 dated August 17, 2022
The Reserve Bank of India, in the public interest, had issued directions to Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) vide Directive DCBS.CO.BSD-I/D-7/12.22.395/2017-18 dated May 18, 2018 as modified from time to time, last being vide Directive DOR.MON/D-24/12.22.395/2022-23 dated August 17, 2022
नोव्हें 11, 2022
Directions u/s 35A read with section 56 of the Banking Regulation Act, 1949 - Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru - Extension of Period
The Reserve Bank of India issued Directions to Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DOS.CO.UCB.BSD-III.D-2/12.23.283/2019-20 dated January 02, 2020, the validity of which was extended from time to time, last been vide Directive DOR.MON/D-07/12.23.283/2022-23 dated May 09, 2022 up to November 10, 2022. 2. The Reserve Bank of India is satisfied that in
The Reserve Bank of India issued Directions to Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DOS.CO.UCB.BSD-III.D-2/12.23.283/2019-20 dated January 02, 2020, the validity of which was extended from time to time, last been vide Directive DOR.MON/D-07/12.23.283/2022-23 dated May 09, 2022 up to November 10, 2022. 2. The Reserve Bank of India is satisfied that in
नोव्हें 11, 2022
RBI cancels the licence of Babaji Date Mahila Sahakari Bank Limited, Yavatmal, Maharashtra
Today, the Reserve Bank of India (RBI), vide order dated November 09, 2022, has cancelled the licence of “Babaji Date Mahila Sahakari Bank Limited, Yavatmal, Maharashtra”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on November 11, 2022. The Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator for
Today, the Reserve Bank of India (RBI), vide order dated November 09, 2022, has cancelled the licence of “Babaji Date Mahila Sahakari Bank Limited, Yavatmal, Maharashtra”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on November 11, 2022. The Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator for
नोव्हें 11, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - Shankarrao Pujari Nutan Nagari Sahakari Bank Ltd., Ichalkaranji, Kolhapur - Extension of Period
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S782/12-07-005/2022-23 dated May 13, 2022, had placed Shankarrao Pujari Nutan Nagari Sahakari Bank Ltd., Ichalkaranji, Kolhapur under Directions from the close of business on May 13, 2022 for a period of six months, i.e., till November 12, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35 A read
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S782/12-07-005/2022-23 dated May 13, 2022, had placed Shankarrao Pujari Nutan Nagari Sahakari Bank Ltd., Ichalkaranji, Kolhapur under Directions from the close of business on May 13, 2022 for a period of six months, i.e., till November 12, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35 A read
नोव्हें 07, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - Babaji Date Mahila Sahakari Bank Limited, Yavatmal, Maharashtra - Extension of Period
The Reserve Bank of India, in the public interest, had issued directions to Babaji Date Mahila Sahakari Bank Limited, Yavatmal, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) vide Directive NGP.DOS.SSM-2. No.S817/15.04.168/2021-22 dated November 8, 2021 as modified from time to time, last being vide Directive DOR.MON/D-22/12.28.088/2022-23 dated August 4, 2022 in term
The Reserve Bank of India, in the public interest, had issued directions to Babaji Date Mahila Sahakari Bank Limited, Yavatmal, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) vide Directive NGP.DOS.SSM-2. No.S817/15.04.168/2021-22 dated November 8, 2021 as modified from time to time, last being vide Directive DOR.MON/D-22/12.28.088/2022-23 dated August 4, 2022 in term
नोव्हें 02, 2022
Cancellation of licence to carry on banking business in India under Section 22 read with Section 56 of the Banking Regulation Act, 1949 - Rupee Co-operative Bank Ltd., Pune
The Reserve Bank of India, vide order No.DOR.MON.LC-04/12.22.218/2022-23 dated August 08, 2022, had cancelled the banking licence of Rupee Co-operative Bank Ltd, Pune on August 10, 2022. However, the Hon’ble High Court of Bombay in Writ Petition No. 11300 of 2022 (Rupee Co-operative Bank Ltd vs. The Union of India and Ors.) vide order dated September 22, 2022, had suspended the cancellation order dated August 8, 2022 till the conclusion of the appeal filed by Rupee Co
The Reserve Bank of India, vide order No.DOR.MON.LC-04/12.22.218/2022-23 dated August 08, 2022, had cancelled the banking licence of Rupee Co-operative Bank Ltd, Pune on August 10, 2022. However, the Hon’ble High Court of Bombay in Writ Petition No. 11300 of 2022 (Rupee Co-operative Bank Ltd vs. The Union of India and Ors.) vide order dated September 22, 2022, had suspended the cancellation order dated August 8, 2022 till the conclusion of the appeal filed by Rupee Co
ऑक्टो 29, 2022
RBI approves amalgamation of Shree Sharada Sahakari Bank Ltd., Pune (Maharashtra) with The Cosmos Co-operative Bank Ltd., Pune (Maharashtra)
The Reserve Bank of India has sanctioned the Scheme of Amalgamation of Shree Sharada Sahakari Bank Ltd, Pune (Maharashtra) with The Cosmos Co-operative Bank Ltd., Pune (Maharashtra). The Scheme has been sanctioned in exercise of the powers under the provisions of Section 44A read with Section 56 of the Banking Regulation Act, 1949 as amended vide the Banking Regulation (Amendment) Act, 2020 (39 of 2020). The Scheme will come into force with effect from October 30, 202
The Reserve Bank of India has sanctioned the Scheme of Amalgamation of Shree Sharada Sahakari Bank Ltd, Pune (Maharashtra) with The Cosmos Co-operative Bank Ltd., Pune (Maharashtra). The Scheme has been sanctioned in exercise of the powers under the provisions of Section 44A read with Section 56 of the Banking Regulation Act, 1949 as amended vide the Banking Regulation (Amendment) Act, 2020 (39 of 2020). The Scheme will come into force with effect from October 30, 202
ऑक्टो 25, 2022
Extension of validity of Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P)
The Reserve Bank of India (RBI) has extended the directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P) for a period of three (03) months from October 28, 2022 to January 27, 2023, subject to review. The bank has been under direction since January 28, 2022 vide directive order DOS.CO.OCCD/185569/12.28.007/2021-22 dated January 28, 2022 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS). The validity of th
The Reserve Bank of India (RBI) has extended the directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P) for a period of three (03) months from October 28, 2022 to January 27, 2023, subject to review. The bank has been under direction since January 28, 2022 vide directive order DOS.CO.OCCD/185569/12.28.007/2021-22 dated January 28, 2022 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS). The validity of th
ऑक्टो 21, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - Rupee Co-operative Bank Ltd., Pune, Maharashtra - Extension of Period
The Reserve Bank of India vide directive UBD.CO.BSD-I/D-28/12.22.2018/2012-13 dated February 21, 2013 had placed the Rupee Co-operative Bank Ltd., Pune, Maharashtra under Directions from the close of business on February 22, 2013. The validity of the directions was extended from time to time, the last being up to October 22, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under sub se
The Reserve Bank of India vide directive UBD.CO.BSD-I/D-28/12.22.2018/2012-13 dated February 21, 2013 had placed the Rupee Co-operative Bank Ltd., Pune, Maharashtra under Directions from the close of business on February 22, 2013. The validity of the directions was extended from time to time, the last being up to October 22, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under sub se
ऑक्टो 21, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - The Kapol Co-operative Bank Ltd Mumbai, Maharashtra - Extension of Period
Reserve Bank of India vide directive DCBS.CO.BSD-I./D-9/12.22.111/2016-17 dated March 30, 2017 had placed The Kapol Cooperative Bank Ltd Mumbai, Maharashtra under Directions from the close of business on March 30, 2017 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to October 31, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in
Reserve Bank of India vide directive DCBS.CO.BSD-I./D-9/12.22.111/2016-17 dated March 30, 2017 had placed The Kapol Cooperative Bank Ltd Mumbai, Maharashtra under Directions from the close of business on March 30, 2017 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to October 31, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in
ऑक्टो 14, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - The City Co-operative Bank Limited, Mumbai - Extension of period
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-5/12.22.039/2017-18 dated April 17, 2018, had placed The City Co-operative Bank Ltd, Mumbai under Directions from the close of business on April 17, 2018. The validity of the directions was extended from time-to-time, the last being up to October 16, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Secti
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-5/12.22.039/2017-18 dated April 17, 2018, had placed The City Co-operative Bank Ltd, Mumbai under Directions from the close of business on April 17, 2018. The validity of the directions was extended from time-to-time, the last being up to October 16, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Secti
ऑक्टो 10, 2022
RBI cancels the licence of The Seva Vikas Co-operative Bank Ltd., Pune, Maharashtra
Today, the Reserve Bank of India (RBI), vide order dated October 10, 2022, has cancelled the licence of “The Seva Vikas Co-operative Bank Ltd., Pune, Maharashtra.” Consequently, the bank ceases to carry on banking business, with effect from the close of business on October 10, 2022. The Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank
Today, the Reserve Bank of India (RBI), vide order dated October 10, 2022, has cancelled the licence of “The Seva Vikas Co-operative Bank Ltd., Pune, Maharashtra.” Consequently, the bank ceases to carry on banking business, with effect from the close of business on October 10, 2022. The Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank
ऑक्टो 08, 2022
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Shushruti Souharda Sahakara Bank Niyamita, Bengaluru, Karnataka- Extension of period
The Reserve Bank of India issued Directions to Shushruti Souharda Sahakara Bank Niyamita, Bengaluru, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.DSD.No.S98/10-01-023/2022-23 dated April 07, 2022. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of the Directive CO.DOS.DSD.No.S98/10-01-023/2022-23 dated April 07, 2022 issued to Shushrut
The Reserve Bank of India issued Directions to Shushruti Souharda Sahakara Bank Niyamita, Bengaluru, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.DSD.No.S98/10-01-023/2022-23 dated April 07, 2022. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of the Directive CO.DOS.DSD.No.S98/10-01-023/2022-23 dated April 07, 2022 issued to Shushrut
सप्टें 23, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - Rupee Co-operative Bank Ltd., Pune, Maharashtra - Extension of Period
The Reserve Bank of India, vide directive UBD.CO.BSD-I/D-28/12.22.2018/2012-13 dated February 21, 2013, had placed the Rupee Co-operative Bank Ltd., Pune, Maharashtra under Directions from the close of business on February 22, 2013. The validity of the directions was extended from time to time, the last being up to September 22, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under su
The Reserve Bank of India, vide directive UBD.CO.BSD-I/D-28/12.22.2018/2012-13 dated February 21, 2013, had placed the Rupee Co-operative Bank Ltd., Pune, Maharashtra under Directions from the close of business on February 22, 2013. The validity of the directions was extended from time to time, the last being up to September 22, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under su
सप्टें 22, 2022
RBI cancels the licence of The Laxmi Co-operative Bank Limited, Solapur, Maharashtra
Today, the Reserve Bank of India (RBI), vide order dated September 14, 2022, has cancelled the licence of “The Laxmi Co-operative Bank Limited, Solapur, Maharashtra”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on September 22, 2022. The Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator for the
Today, the Reserve Bank of India (RBI), vide order dated September 14, 2022, has cancelled the licence of “The Laxmi Co-operative Bank Limited, Solapur, Maharashtra”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on September 22, 2022. The Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator for the
सप्टें 10, 2022
Directions under Section 35 A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Sikar Urban Co-operative Bank Ltd, Sikar, Rajasthan - Extension of Validity
Sikar Urban Co-operative Bank Ltd., Sikar, Rajasthan was placed under All-Inclusive Directions from close of business on November 09, 2018 for a period of six months subject to review, vide Directive dated October 26, 2018. The validity of the directions was last extended vide Directive dated June 07, 2022 for three months up to September 09, 2022, subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise o
Sikar Urban Co-operative Bank Ltd., Sikar, Rajasthan was placed under All-Inclusive Directions from close of business on November 09, 2018 for a period of six months subject to review, vide Directive dated October 26, 2018. The validity of the directions was last extended vide Directive dated June 07, 2022 for three months up to September 09, 2022, subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise o
सप्टें 06, 2022
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies)- Nagar Urban Co-operative Bank Ltd., Ahmednagar - Extension of Period
Reserve Bank of India vide directive DoS.CO.SUCBs-West/S2399/12.22.159/2021-22 dated December 06, 2021 had placed Nagar Urban Co-operative Bank Ltd., Ahmednagar under Directions from the close of business on December 06, 2021 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to September 06, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers
Reserve Bank of India vide directive DoS.CO.SUCBs-West/S2399/12.22.159/2021-22 dated December 06, 2021 had placed Nagar Urban Co-operative Bank Ltd., Ahmednagar under Directions from the close of business on December 06, 2021 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to September 06, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers
सप्टें 06, 2022
Directions under Section 35A read with Section 56 of the BR Act 1949 (AACS)- The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala- Extension of period
The Reserve Bank of India issued Directions to The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS), vide Directive DCBS.CO.PCC D-4/12.26.004/2018-19 dated November 02, 2018, from close of business on November 09, 2018, for a period of six months, which were extended from time to time, last being up to September 09, 2022 vide the Directive DOR.MON/D-15/12.26.004/2022-23 dated May 31, 202
The Reserve Bank of India issued Directions to The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS), vide Directive DCBS.CO.PCC D-4/12.26.004/2018-19 dated November 02, 2018, from close of business on November 09, 2018, for a period of six months, which were extended from time to time, last being up to September 09, 2022 vide the Directive DOR.MON/D-15/12.26.004/2022-23 dated May 31, 202
ऑग 30, 2022
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Maratha Sahakari Bank Limited, Mumbai, Maharashtra- Extension of Period
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-4/12.22.141/2016-17 dated August 31, 2016, had placed Maratha Sahakari Bank Limited, Mumbai, Maharashtra under Directions from the close of business on August 31, 2016 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to August 31, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers ves
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-4/12.22.141/2016-17 dated August 31, 2016, had placed Maratha Sahakari Bank Limited, Mumbai, Maharashtra under Directions from the close of business on August 31, 2016 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to August 31, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers ves
ऑग 26, 2022
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Rupee Co-operative Bank Ltd., Pune, Maharashtra - Extension of Period
The Reserve Bank of India vide directive UBD.CO.BSD-I/D-28/12.22.2018/2012-13 dated February 21, 2013 had placed the Rupee Co-operative Bank Ltd., Pune, Maharashtra under Directions from the close of business on February 22, 2013. The validity of the directions was extended from time to time, the last being up to August 31, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under sub sec
The Reserve Bank of India vide directive UBD.CO.BSD-I/D-28/12.22.2018/2012-13 dated February 21, 2013 had placed the Rupee Co-operative Bank Ltd., Pune, Maharashtra under Directions from the close of business on February 22, 2013. The validity of the directions was extended from time to time, the last being up to August 31, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under sub sec
ऑग 24, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Thodupuzha Urban Co-operative Bank Ltd.No.394, Kerala
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No. S3361/12-07-005/2022-2023 dated August 23, 2022, has issued certain Directions to Thodupuzha Urban Co-operative Bank Ltd.No.394, Kerala, whereby, as from the close of business
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No. S3361/12-07-005/2022-2023 dated August 23, 2022, has issued certain Directions to Thodupuzha Urban Co-operative Bank Ltd.No.394, Kerala, whereby, as from the close of business
ऑग 24, 2022
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - The Malkapur Urban Co-operative Bank Ltd., Buldhana, Maharashtra - Extension of Period
The Reserve Bank of India issued Directions to The Malkapur Urban Co-operative Bank Ltd., Buldhana, Maharashtra under Section 35A read with Section 56 the Banking Regulation Act, 1949 vide Directive DOS.CO.NSUCBs-West/D-3/S2050/12-07-005/2021-22 dated November 24, 2021, as modified from time to time, which were last extended up to August 24, 2022 vide Directive DOR.MON/D-10/12.22.638/2022-23 dated May 20, 2022. 2. The Reserve Bank of India is satisfied that in the pub
The Reserve Bank of India issued Directions to The Malkapur Urban Co-operative Bank Ltd., Buldhana, Maharashtra under Section 35A read with Section 56 the Banking Regulation Act, 1949 vide Directive DOS.CO.NSUCBs-West/D-3/S2050/12-07-005/2021-22 dated November 24, 2021, as modified from time to time, which were last extended up to August 24, 2022 vide Directive DOR.MON/D-10/12.22.638/2022-23 dated May 20, 2022. 2. The Reserve Bank of India is satisfied that in the pub
ऑग 23, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - Garha Co-operative Bank Ltd., Guna, MP - Extension of period
The Reserve Bank of India, in the public interest, had issued directions to Garha Co-operative Bank Ltd., Guna, Madhya Pradesh in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on February 24, 2021. The validity of the directions was extended from time-to-time, the last being up to August 24, 2022. The Reserve Bank of India has now further extended the Dir
The Reserve Bank of India, in the public interest, had issued directions to Garha Co-operative Bank Ltd., Guna, Madhya Pradesh in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on February 24, 2021. The validity of the directions was extended from time-to-time, the last being up to August 24, 2022. The Reserve Bank of India has now further extended the Dir
ऑग 18, 2022
Reserve Bank of India cancels the licence of Deccan Urban Co-operative Bank Ltd., Vijayapur, Karnataka
Today, the Reserve Bank of India (RBI), vide order dated August 17, 2022, has cancelled the licence of “Deccan Urban Co-operative Bank Ltd., Vijayapur, Karnataka”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on August 18, 2022. The Commissioner for Cooperation and Registrar of Cooperative Societies, Karnataka has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. T
Today, the Reserve Bank of India (RBI), vide order dated August 17, 2022, has cancelled the licence of “Deccan Urban Co-operative Bank Ltd., Vijayapur, Karnataka”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on August 18, 2022. The Commissioner for Cooperation and Registrar of Cooperative Societies, Karnataka has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. T
ऑग 17, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949, (AACS) - Padmashri Dr. Vithalrao Vikhe Patil Co-op. Bank Ltd., Nashik, Maharashtra - Extension of period
The Reserve Bank of India, in the public interest, had issued directions to the Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on May 19, 2018. These directions were modified from time to time, the validity of which was last extended up to August 17, 2022. These directions s
The Reserve Bank of India, in the public interest, had issued directions to the Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on May 19, 2018. These directions were modified from time to time, the validity of which was last extended up to August 17, 2022. These directions s
ऑग 12, 2022
Outsourcing of Financial Services - Responsibilities of regulated entities employing Recovery Agents
The Reserve Bank of India has been addressing the issues relating to recovery agents (RAs) engaged by the Regulated Entities (REs), viz., Scheduled Commercial Banks, Non-Banking Financial Companies, etc., and the methods and practices being followed by these agents while undertaking loan recovery activities. The Reserve Bank of India, as part of guidelines on Fair Practices Code (FPC), has already advised REs that they should not resort to intimidation or harassment o
The Reserve Bank of India has been addressing the issues relating to recovery agents (RAs) engaged by the Regulated Entities (REs), viz., Scheduled Commercial Banks, Non-Banking Financial Companies, etc., and the methods and practices being followed by these agents while undertaking loan recovery activities. The Reserve Bank of India, as part of guidelines on Fair Practices Code (FPC), has already advised REs that they should not resort to intimidation or harassment o
ऑग 10, 2022
RBI cancels the licence of Rupee Co-operative Bank Ltd, Pune
Today, the Reserve Bank of India (RBI), vide order dated August 08, 2022, has cancelled the licence of “Rupee Co-operative Bank Ltd, Pune”. In compliance to the Hon’ble High Court of Bombay order dated September 12, 2017 in Writ Petition No. 2938 of 2014 (Bank Employees Union, Pune vs. The State of Maharashtra & Ors.) with Writ Petition No. 9286 of 2017 (Naresh Vasant Raut & Ors. Vs. The State of Maharashtra & Ors), the order shall become effective after s
Today, the Reserve Bank of India (RBI), vide order dated August 08, 2022, has cancelled the licence of “Rupee Co-operative Bank Ltd, Pune”. In compliance to the Hon’ble High Court of Bombay order dated September 12, 2017 in Writ Petition No. 2938 of 2014 (Bank Employees Union, Pune vs. The State of Maharashtra & Ors.) with Writ Petition No. 9286 of 2017 (Naresh Vasant Raut & Ors. Vs. The State of Maharashtra & Ors), the order shall become effective after s
ऑग 10, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - The Laxmi Co-operative Bank Limited, Solapur, Maharashtra - Extension of Period
The Reserve Bank of India, in the public interest, had issued directions to The Laxmi Co-operative Bank Limited, Solapur, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) vide Directive Dos.Co.UCBs-West/S1910/12.07.005/2021-22 dated November 12, 2021 as modified from time to time, last being vide Directive DOR.MON/D-08/12.22.134/2022-23 dated May 10, 2022 in terms of wh
The Reserve Bank of India, in the public interest, had issued directions to The Laxmi Co-operative Bank Limited, Solapur, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) vide Directive Dos.Co.UCBs-West/S1910/12.07.005/2021-22 dated November 12, 2021 as modified from time to time, last being vide Directive DOR.MON/D-08/12.22.134/2022-23 dated May 10, 2022 in terms of wh
ऑग 05, 2022
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Babaji Date Mahila Sahakari Bank Limited, Yavatmal, Maharashtra - Extension of Period
The Reserve Bank of India, in the public interest, had issued directions to Babaji Date Mahila Sahakari Bank Limited, Yavatmal, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) vide Directive NGP.DOS.SSM-2NO.S-817/15.04.168/2021-22 dated November 8, 2021 as modified from time to time, last being vide Directive DOR.MON/D-06/12.28.088 dated May 6, 2022 in terms of which,
The Reserve Bank of India, in the public interest, had issued directions to Babaji Date Mahila Sahakari Bank Limited, Yavatmal, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) vide Directive NGP.DOS.SSM-2NO.S-817/15.04.168/2021-22 dated November 8, 2021 as modified from time to time, last being vide Directive DOR.MON/D-06/12.28.088 dated May 6, 2022 in terms of which,
जुलै 29, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Durga Co-operative Urban Bank Ltd., Vijayawada
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. HYD.DOS.INSP4.No.S241/15-36-070/2022-2023 dated July 28, 2022, has issued certain Directions to Durga Co-operative Urban Bank Ltd., Vijayawada, whereby, as from the close of business on July
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. HYD.DOS.INSP4.No.S241/15-36-070/2022-2023 dated July 28, 2022, has issued certain Directions to Durga Co-operative Urban Bank Ltd., Vijayawada, whereby, as from the close of business on July
जुलै 29, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Jaiprakash Narayan Nagari Sahakari Bank Ltd., Basmatnagar
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2723/12-07-005/2022-2023 dated July 28, 2022, has issued certain Directions to Jaiprakash Narayan Nagari Sahakari Bank Ltd., Basmatnagar, whereby, as from the close of business
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2723/12-07-005/2022-2023 dated July 28, 2022, has issued certain Directions to Jaiprakash Narayan Nagari Sahakari Bank Ltd., Basmatnagar, whereby, as from the close of business
जुलै 29, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - The Karmala Urban Co-operative Bank Ltd., Solapur
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2729/12-07-005/2022-2023 dated July 29, 2022, has issued certain Directions to The Karmala Urban Co-operative Bank Ltd., Solapur, whereby, as from the close of business on July
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2729/12-07-005/2022-2023 dated July 29, 2022, has issued certain Directions to The Karmala Urban Co-operative Bank Ltd., Solapur, whereby, as from the close of business on July
जुलै 28, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Anjangaon Surji Nagari Sahakari Bank Ltd., Amravati
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2698/12-07-005/2022-2023 dated July 27, 2022, has issued certain Directions to Anjangaon Surji Nagari Sahakari Bank Ltd., Amravati (“the bank”), whereby, as from the close of b
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2698/12-07-005/2022-2023 dated July 27, 2022, has issued certain Directions to Anjangaon Surji Nagari Sahakari Bank Ltd., Amravati (“the bank”), whereby, as from the close of b
जुलै 28, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Urban Co-operative Bank Limited, Sitapur
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. LKO.DOS.SED.No.S257/10-12-414/2022-2023 dated July 27, 2022, has issued certain Directions to Urban Co-operative Bank Limited, Sitapur (“the bank”), whereby, as from the close of business on
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. LKO.DOS.SED.No.S257/10-12-414/2022-2023 dated July 27, 2022, has issued certain Directions to Urban Co-operative Bank Limited, Sitapur (“the bank”), whereby, as from the close of business on
जुलै 28, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Lucknow Urban Co-operative Bank Ltd., Lucknow (U.P.)
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. LKO.DOS.SED.No.S256/10-03-556/2022-2023 dated July 27, 2022, has issued certain Directions to Lucknow Urban Co-operative Bank Limited, Lucknow (U.P.), whereby, as from the close of business o
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. LKO.DOS.SED.No.S256/10-03-556/2022-2023 dated July 27, 2022, has issued certain Directions to Lucknow Urban Co-operative Bank Limited, Lucknow (U.P.), whereby, as from the close of business o
जुलै 27, 2022
Extension of validity of Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS) - Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P)
The Reserve Bank of India (RBI) has extended the directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P) for a period of three (03) months from July 28, 2022 to October 27, 2022, subject to review. The bank has been under direction since January 28, 2022 vide directive order DoS.CO.OCCD/185569/12.28.007/2021-22 dated January 28, 2022 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS). The validity of the d
The Reserve Bank of India (RBI) has extended the directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P) for a period of three (03) months from July 28, 2022 to October 27, 2022, subject to review. The bank has been under direction since January 28, 2022 vide directive order DoS.CO.OCCD/185569/12.28.007/2021-22 dated January 28, 2022 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS). The validity of the d
जुलै 22, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Saibaba Janata Sahakari Bank Ltd., Latur
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2598/12-07-005/2022-2023 dated July 21, 2022, has issued certain Directions to Saibaba Janata Sahakari Bank Limited, Latur, whereby, as from the close of business on July 22, 2
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2598/12-07-005/2022-2023 dated July 21, 2022, has issued certain Directions to Saibaba Janata Sahakari Bank Limited, Latur, whereby, as from the close of business on July 22, 2
जुलै 22, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - The Suri Friends’ Union Co-operative Bank Ltd., Suri (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 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2574/12-07-005/2022-2023 dated July 21, 2022, has issued certain Directions to The Suri Friends’ Union Co-operative Bank Limited, Suri (West Bengal), whereby, as from the close
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2574/12-07-005/2022-2023 dated July 21, 2022, has issued certain Directions to The Suri Friends’ Union Co-operative Bank Limited, Suri (West Bengal), whereby, as from the close
जुलै 22, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - United India Co-operative Bank Limited, Nagina, Bijnor
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2573/12-07-005/2022-2023 dated July 21, 2022, has issued certain Directions to United India Co-operative Bank Limited, Nagina, Bijnor, whereby, as from the close of business on
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2573/12-07-005/2022-2023 dated July 21, 2022, has issued certain Directions to United India Co-operative Bank Limited, Nagina, Bijnor, whereby, as from the close of business on
जुलै 22, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - National Urban Co-operative Bank Ltd., Bahraich (U.P.)
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2575/12-07-005/2022-2023 dated July 21, 2022, has issued certain Directions to National Urban Co-operative Bank Limited, Bahraich (U.P.), whereby, as from the close of business
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.SED.No.S2575/12-07-005/2022-2023 dated July 21, 2022, has issued certain Directions to National Urban Co-operative Bank Limited, Bahraich (U.P.), whereby, as from the close of business
जुलै 19, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Nashik Zilla Girna Sahakari Bank Limited, Nashik
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DoS.DSD.No.S2470/12-07-005/2022-2023 dated July 15, 2022, has issued certain Directions to Nashik Zilla Girna Sahakari Bank Limited, Nashik, whereby, as from the close of business on July
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DoS.DSD.No.S2470/12-07-005/2022-2023 dated July 15, 2022, has issued certain Directions to Nashik Zilla Girna Sahakari Bank Limited, Nashik, whereby, as from the close of business on July
जुलै 19, 2022
Directions under section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Sri Mallikarjuna Pattana Sahakari Bank Niyamita, Maski, Karnataka
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949 read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), the Reserve Bank of India (RBI) vide Directive Ref. No. BLR.DOS.SSMS.No.S558/13-03-225/2022-23 dated July 15, 2022, has issued certain Directions to Sri Mallikarjuna Pattana Sahakari Bank Niyamita, Maski, w
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949 read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), the Reserve Bank of India (RBI) vide Directive Ref. No. BLR.DOS.SSMS.No.S558/13-03-225/2022-23 dated July 15, 2022, has issued certain Directions to Sri Mallikarjuna Pattana Sahakari Bank Niyamita, Maski, w
जुलै 19, 2022
Revised Regulatory Framework for Urban Co-operative Banks (UCBs)
The Reserve Bank of India had constituted the Expert Committee on Urban Co-operative Banks (the Committee) on February 15, 2021 under the Chairmanship of Shri N. S. Vishwanathan, former Deputy Governor, Reserve Bank to examine the issues in urban co-operative banking sector, provide a medium term road map, suggest measures for faster resolution of UCBs and recommend suitable regulatory/ supervisory changes for strengthening the sector by leveraging the recent amendmen
The Reserve Bank of India had constituted the Expert Committee on Urban Co-operative Banks (the Committee) on February 15, 2021 under the Chairmanship of Shri N. S. Vishwanathan, former Deputy Governor, Reserve Bank to examine the issues in urban co-operative banking sector, provide a medium term road map, suggest measures for faster resolution of UCBs and recommend suitable regulatory/ supervisory changes for strengthening the sector by leveraging the recent amendmen
जुलै 18, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Raigad Sahakari Bank Limited, Mumbai
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DoS.DSD.No.S2469/12-07-005/2022-2023 dated July 15, 2022, has issued certain Directions to Raigad Sahakari Bank Limited, Mumbai, whereby, as from the close of business on July 18, 2022, th
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DoS.DSD.No.S2469/12-07-005/2022-2023 dated July 15, 2022, has issued certain Directions to Raigad Sahakari Bank Limited, Mumbai, whereby, as from the close of business on July 18, 2022, th
जुलै 15, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - The City Co-operative Bank Limited, Mumbai - Extension of period
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-5/12.22.039/2017-18 dated April 17, 2018, had placed The City Co-operative Bank Ltd, Mumbai under Directions from the close of business on April 17, 2018. The validity of the directions was extended from time-to-time, the last being up to July 16, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-5/12.22.039/2017-18 dated April 17, 2018, had placed The City Co-operative Bank Ltd, Mumbai under Directions from the close of business on April 17, 2018. The validity of the directions was extended from time-to-time, the last being up to July 16, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section
जुलै 11, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - The Seva Vikas Cooperative Bank Ltd., Pune, Maharashtra - Extension of Period
The Reserve Bank of India, vide directive DoS.CO.NSUCBs-West/D-1/12.22.252/2021-22 dated October 12, 2021, had placed The Seva Vikas Cooperative Bank Ltd., Pune, Maharashtra under Directions from the close of business on October 12, 2021 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to July 12, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of
The Reserve Bank of India, vide directive DoS.CO.NSUCBs-West/D-1/12.22.252/2021-22 dated October 12, 2021, had placed The Seva Vikas Cooperative Bank Ltd., Pune, Maharashtra under Directions from the close of business on October 12, 2021 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to July 12, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of
जुलै 08, 2022
Directions under section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Sangli Sahakari Bank Ltd., Mumbai
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949 read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.DSD.No.S2322/12-07-005/2022-23 dated July 07, 2022, has issued certain Directions to Sangli Sahakari Bank Ltd., Mumbai, whereby, as from the cl
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949 read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.DSD.No.S2322/12-07-005/2022-23 dated July 07, 2022, has issued certain Directions to Sangli Sahakari Bank Ltd., Mumbai, whereby, as from the cl
जुलै 08, 2022
Directions under section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Sahebrao Deshmukh Co-operative Bank Ltd., Mumbai
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949 read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.DSD.No. S2323/12-07-005/2022-23 dated July 07, 2022, has issued certain Directions to Sahebrao Deshmukh Co-operative Bank Ltd., Mumbai, whereby
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949 read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.DSD.No. S2323/12-07-005/2022-23 dated July 07, 2022, has issued certain Directions to Sahebrao Deshmukh Co-operative Bank Ltd., Mumbai, whereby
भारतीय रिझर्व्ह बँक मोबाईल ॲप्लिकेशन इंस्टॉल करा आणि नवीनतम बातम्यांचा त्वरित ॲक्सेस मिळवा!
पेज अंतिम अपडेट तारीख: जुलै 30, 2024
