Press Releases - Enforcement - ଆରବିଆଇ - Reserve Bank of India
ପ୍ରେସ୍ ପ୍ରକାଶନୀ
ଜୁଲାଇ 04, 2022
RBI imposes monetary penalty on Balangir District Central Cooperative Bank Limited, Balangir, Odisha
The Reserve Bank of India (RBI) has imposed, by an order dated June 29, 2022, a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on Balangir District Central Cooperative Bank Limited, Balangir, Odisha (the bank) for contravention of/ non-adherence with the provisions of Section 9 of the Banking Regulation Act, 1949 and the directions issued by RBI in this regard (Disposal of Non-banking Assets). This penalty has been imposed in exercise of powers vested in RBI un
The Reserve Bank of India (RBI) has imposed, by an order dated June 29, 2022, a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on Balangir District Central Cooperative Bank Limited, Balangir, Odisha (the bank) for contravention of/ non-adherence with the provisions of Section 9 of the Banking Regulation Act, 1949 and the directions issued by RBI in this regard (Disposal of Non-banking Assets). This penalty has been imposed in exercise of powers vested in RBI un
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ଜୁଲାଇ 04, 2022
RBI imposes monetary penalty on IndusInd Bank Ltd
The Reserve Bank of India (RBI) has, by an order dated June 29, 2022, imposed a monetary penalty of ₹1 crore (Rupees One crore only) on IndusInd Bank Ltd. (the bank) for non-compliance with certain directions issued by RBI on ‘Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016’. This penalty has been imposed in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with section 46 (4) (i) of the Banking Regulation Act, 1949 (
The Reserve Bank of India (RBI) has, by an order dated June 29, 2022, imposed a monetary penalty of ₹1 crore (Rupees One crore only) on IndusInd Bank Ltd. (the bank) for non-compliance with certain directions issued by RBI on ‘Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016’. This penalty has been imposed in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with section 46 (4) (i) of the Banking Regulation Act, 1949 (
ଜୁଲାଇ 04, 2022
RBI imposes monetary penalty on Kotak Mahindra Bank Limited
The Reserve Bank of India (RBI) has, by an order dated June 29, 2022, imposed a monetary penalty of ₹1,05,00,000/- (Rupees one crore and five lakh only) on Kotak Mahindra Bank Limited (the bank) for contravention of the provisions of sub-section (2) of Section 26A of the Banking Regulation Act, 1949 (the Act) read with paragraph 3 of ‘The Depositor Education and Awareness Fund Scheme, 2014’ and for non-compliance with the directions on ‘Customer Protection – Limiting
The Reserve Bank of India (RBI) has, by an order dated June 29, 2022, imposed a monetary penalty of ₹1,05,00,000/- (Rupees one crore and five lakh only) on Kotak Mahindra Bank Limited (the bank) for contravention of the provisions of sub-section (2) of Section 26A of the Banking Regulation Act, 1949 (the Act) read with paragraph 3 of ‘The Depositor Education and Awareness Fund Scheme, 2014’ and for non-compliance with the directions on ‘Customer Protection – Limiting
ଜୁଲାଇ 04, 2022
RBI imposes monetary penalty on The Palani Co-operative Urban Bank Limited (No.A.331), Palani, Dindigul District, Tamil Nadu
The Reserve Bank of India (RBI) has imposed, by an order dated June 27, 2022, a monetary penalty of ₹2.00 lakh (Rupees two lakh only) on The Palani Co-operative Urban Bank Limited (No.A.331) for non-adherence to / violation of directions issued under Exposure Norms and Statutory / Other Restrictions – UCBs. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the B
The Reserve Bank of India (RBI) has imposed, by an order dated June 27, 2022, a monetary penalty of ₹2.00 lakh (Rupees two lakh only) on The Palani Co-operative Urban Bank Limited (No.A.331) for non-adherence to / violation of directions issued under Exposure Norms and Statutory / Other Restrictions – UCBs. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the B
ଜୁନ 27, 2022
RBI imposes monetary penalty on The Tiruchengode Co-operative Urban Bank Ltd (No.8994), Tiruchengode, Tamil Nadu
The Reserve Bank of India (RBI) has imposed, by an order dated June 24, 2022, a monetary penalty of ₹10.00 lakh (Rupees Ten lakh only) on The Tiruchengode Co-operative Urban Bank Ltd (No.8994), Tiruchengode, Tamil Nadu (the bank) for non-adherence / violation of directions issued under i) Exposure Norms and Statutory / Other Restrictions – UCBs and ii) Know Your Customer (KYC) Guidelines – Primary (Urban) Co-operative Banks. This penalty has been imposed in exercise o
The Reserve Bank of India (RBI) has imposed, by an order dated June 24, 2022, a monetary penalty of ₹10.00 lakh (Rupees Ten lakh only) on The Tiruchengode Co-operative Urban Bank Ltd (No.8994), Tiruchengode, Tamil Nadu (the bank) for non-adherence / violation of directions issued under i) Exposure Norms and Statutory / Other Restrictions – UCBs and ii) Know Your Customer (KYC) Guidelines – Primary (Urban) Co-operative Banks. This penalty has been imposed in exercise o
ଜୁନ 24, 2022
Reserve Bank of India imposes monetary penalty on Indian Overseas Bank
The Reserve Bank of India (RBI) has, by an order dated June 24, 2022, imposed a monetary penalty of ₹57.50 lakh (Rupees Fifty-seven lakh and fifty thousand only) on Indian Overseas Bank (the bank) for non-compliance with certain directions issued by RBI on ‘Reserve Bank of India (Frauds classification and reporting by commercial banks and select FIs) directions 2016’, ‘Creation of a Central Repository of Large Common Exposures - Across Banks’ read with ‘Central Reposi
The Reserve Bank of India (RBI) has, by an order dated June 24, 2022, imposed a monetary penalty of ₹57.50 lakh (Rupees Fifty-seven lakh and fifty thousand only) on Indian Overseas Bank (the bank) for non-compliance with certain directions issued by RBI on ‘Reserve Bank of India (Frauds classification and reporting by commercial banks and select FIs) directions 2016’, ‘Creation of a Central Repository of Large Common Exposures - Across Banks’ read with ‘Central Reposi
ଜୁନ 20, 2022
RBI imposes monetary penalty on Pragati Mahila Nagrik Sahakari Bank Maryadit, Bhilai (C.G)
The Reserve Bank of India (RBl) has imposed, by an order dated June 16, 2022, a monetary penalty of ₹2.00 lakh (Rupees Two lakh only) on Pragati Mahila Nagrik Sahakari Bank Maryadit, Bhilai, Chhattisgarh (the bank) for contravention of/ non-adherence with the Directions issued by RBI to Urban Co-operative Banks on Loans and advances to Directors etc. – Directors as surety/guarantors - Clarification and Know Your Customer (KYC). This penalty has been imposed in exercis
The Reserve Bank of India (RBl) has imposed, by an order dated June 16, 2022, a monetary penalty of ₹2.00 lakh (Rupees Two lakh only) on Pragati Mahila Nagrik Sahakari Bank Maryadit, Bhilai, Chhattisgarh (the bank) for contravention of/ non-adherence with the Directions issued by RBI to Urban Co-operative Banks on Loans and advances to Directors etc. – Directors as surety/guarantors - Clarification and Know Your Customer (KYC). This penalty has been imposed in exercis
ଜୁନ 20, 2022
RBI imposes monetary penalty on Jila Sahakari Kendriya Bank Maryadit, Sidhi (M.P.)
The Reserve Bank of India (RBl) has imposed, by an order dated June 16, 2022, a monetary penalty of ₹0.75 lakh (Rupees Seventy Five thousand only) on Jila Sahakari Kendriya Bank Maryadit, Sidhi (M.P.) (the bank) for contravention of/non-compliance with the provisions of the Banking Regulation Act, 1949 (the Act) and directions issued by the Reserve Bank of India (RBI) on Know Your Customer (KYC). This penalty has been imposed in exercise of powers vested in RBI under
The Reserve Bank of India (RBl) has imposed, by an order dated June 16, 2022, a monetary penalty of ₹0.75 lakh (Rupees Seventy Five thousand only) on Jila Sahakari Kendriya Bank Maryadit, Sidhi (M.P.) (the bank) for contravention of/non-compliance with the provisions of the Banking Regulation Act, 1949 (the Act) and directions issued by the Reserve Bank of India (RBI) on Know Your Customer (KYC). This penalty has been imposed in exercise of powers vested in RBI under
ଜୁନ 13, 2022
Reserve Bank of India imposes monetary penalty on Urban Co-operative Bank Ltd., Budaun (U.P.)
The Reserve Bank of India (RBI) has imposed, by an order dated June 07, 2022, a monetary penalty of ₹2.00 lakh (Rupees Two Lakh only) on the Urban Co-operative Bank Ltd., Budaun (the bank) for contravention of sub-section (1) of Section 36 and Section 35 A read with Section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of
The Reserve Bank of India (RBI) has imposed, by an order dated June 07, 2022, a monetary penalty of ₹2.00 lakh (Rupees Two Lakh only) on the Urban Co-operative Bank Ltd., Budaun (the bank) for contravention of sub-section (1) of Section 36 and Section 35 A read with Section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of
ଜୁନ 06, 2022
RBI imposes monetary penalty on Bassein Catholic Co-operative Bank Ltd., Vasai
The Reserve Bank of India (RBI) has, by an order dated June 02, 2022, imposed a monetary penalty of ₹49.00 lakh (Rupees Forty-Nine Lakh only) on Bassein Catholic Co-operative Bank Ltd., Vasai (the bank) for non-compliance with the directions issued by RBI on ‘Income Recognition, Asset Classification, Provisioning and Other Related Matters’ (IRAC norms)’. This penalty has been imposed in exercise of powers vested in RBI conferred under section 47 A (1) (c) read with se
The Reserve Bank of India (RBI) has, by an order dated June 02, 2022, imposed a monetary penalty of ₹49.00 lakh (Rupees Forty-Nine Lakh only) on Bassein Catholic Co-operative Bank Ltd., Vasai (the bank) for non-compliance with the directions issued by RBI on ‘Income Recognition, Asset Classification, Provisioning and Other Related Matters’ (IRAC norms)’. This penalty has been imposed in exercise of powers vested in RBI conferred under section 47 A (1) (c) read with se
ରିଜର୍ଭ ବ୍ୟାଙ୍କ ଅଫ୍ ଇଣ୍ଡିଆ ମୋବାଇଲ୍ ଆପ୍ଲିକେସନ୍ ଇନଷ୍ଟଲ୍ କରନ୍ତୁ ଏବଂ ଲାଟେଷ୍ଟ ନିଉଜ୍ କୁ ଶୀଘ୍ର ଆକ୍ସେସ୍ ପାଆନ୍ତୁ!
ପେଜ୍ ଅନ୍ତିମ ଅପଡେଟ୍ ହୋଇଛି: ନଭେମ୍ବର 21, 2024
