Press Releases - Regulating Co-operative Banking - ଆରବିଆଇ - Reserve Bank of India
ପ୍ରେସ୍ ପ୍ରକାଶନୀ
ସେପ୍ଟେମ୍ବର 08, 2021
Directions under Section 35 A 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 35 A read with Section 56 of the BR 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, 2021 vide the Directive DOR.MON/ D-14/12.26.004/2021-22 dated June 08, 2021. The Reserve
The Reserve Bank of India issued Directions to The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala under Section 35 A read with Section 56 of the BR 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, 2021 vide the Directive DOR.MON/ D-14/12.26.004/2021-22 dated June 08, 2021. The Reserve
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ସେପ୍ଟେମ୍ବର 01, 2021
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - Bidar Mahila Urban Co-operative Bank Ltd., Bidar, Karnataka - Extension of period
The Reserve Bank of India issued Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 to Bidar Mahila Urban Co-operative Bank Ltd., Bidar, Karnataka, vide Directive DCBS.CO.BSD-III.No.D-8/12.23.212/2018-19 dated February 21, 2019, as modified from time to time, last being vide Directive DOR.MON/D-59/12.23.212/2020-21, dated February 26, 2021 in terms of which, the Directions were extended up to August 31, 2021. 2. The Reserve Bank of
The Reserve Bank of India issued Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 to Bidar Mahila Urban Co-operative Bank Ltd., Bidar, Karnataka, vide Directive DCBS.CO.BSD-III.No.D-8/12.23.212/2018-19 dated February 21, 2019, as modified from time to time, last being vide Directive DOR.MON/D-59/12.23.212/2020-21, dated February 26, 2021 in terms of which, the Directions were extended up to August 31, 2021. 2. The Reserve Bank of
ଅଗଷ୍ଟ 31, 2021
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 August 31, 2021. 2. It is hereby notified for the information of the public that, Reserve Bank of India, in exercise of powers vested in it under sub-section
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, 2021. 2. It is hereby notified for the information of the public that, Reserve Bank of India, in exercise of powers vested in it under sub-section
ଅଗଷ୍ଟ 24, 2021
Directions under Section 35A 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 issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Garha Co-operative Bank Ltd., Guna vide Directive DoS.CO.UCBs-West/D-3/12.07.005/2020-21 dated February 23, 2021, for a period of six months upto August 24, 2021. 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 DoS.CO.UCBs-West/D- 3/12.07.005/2020-21 dated Feb
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Garha Co-operative Bank Ltd., Guna vide Directive DoS.CO.UCBs-West/D-3/12.07.005/2020-21 dated February 23, 2021, for a period of six months upto August 24, 2021. 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 DoS.CO.UCBs-West/D- 3/12.07.005/2020-21 dated Feb
ଅଗଷ୍ଟ 23, 2021
RBI releases the report of the Expert Committee on Primary (Urban) Co-operative Banks
As announced in the Statement on Developmental and Regulatory Policies released along with the Monetary Policy Statement on February 05, 2021, Reserve Bank of India (RBI) had, on February 15, 2021, announced the constitution of an Expert Committee on Primary (Urban) Co-operative Banks under the chairmanship of Shri N. S. Vishwanathan, former Deputy Governor, Reserve Bank of India. The Expert Committee was required to examine the issues and to provide a road map for st
As announced in the Statement on Developmental and Regulatory Policies released along with the Monetary Policy Statement on February 05, 2021, Reserve Bank of India (RBI) had, on February 15, 2021, announced the constitution of an Expert Committee on Primary (Urban) Co-operative Banks under the chairmanship of Shri N. S. Vishwanathan, former Deputy Governor, Reserve Bank of India. The Expert Committee was required to examine the issues and to provide a road map for st
ଅଗଷ୍ଟ 20, 2021
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - Deccan Urban Co-operative Bank Limited, Vijayapura, Karnataka - Extension of period
The Reserve Bank of India issued All Inclusive Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Deccan Urban Co-operative Bank Limited, Vijayapura, Karnataka, vide Directive DoS.CO.UCB-South/Dir.1/1849/10.01.023/2020-21 dated February 18, 2021, the validity of which is up to August 19, 2021. 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 D
The Reserve Bank of India issued All Inclusive Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Deccan Urban Co-operative Bank Limited, Vijayapura, Karnataka, vide Directive DoS.CO.UCB-South/Dir.1/1849/10.01.023/2020-21 dated February 18, 2021, the validity of which is up to August 19, 2021. 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 D
ଅଗଷ୍ଟ 16, 2021
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Mantha Urban Co-operative Bank Limited, Mantha, District: Jalna, Maharashtra - Extension of period
The Reserve Bank of India, in the public interest, had issued Directions to Mantha Urban Co-operative Bank Limited, Mantha, District: Jalna, 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 November 17, 2020. The validity of the directions was extended from time-to-time, the last being up to August 16, 2021. The Reserve Bank of India has no
The Reserve Bank of India, in the public interest, had issued Directions to Mantha Urban Co-operative Bank Limited, Mantha, District: Jalna, 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 November 17, 2020. The validity of the directions was extended from time-to-time, the last being up to August 16, 2021. The Reserve Bank of India has no
ଅଗଷ୍ଟ 13, 2021
Reserve Bank of India cancels the licence of Karnala Nagari Sahakari Bank Ltd., Panvel (District - Raigad), Maharashtra
Today, the Reserve Bank of India (RBI) has, vide order dated August 09, 2021 cancelled the licence of Karnala Nagari Sahakari Bank Ltd., Panvel (District - Raigad), Maharashtra. Consequently, the bank ceases to carry on banking business, with effect from the close of business on August 13, 2021. 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
Today, the Reserve Bank of India (RBI) has, vide order dated August 09, 2021 cancelled the licence of Karnala Nagari Sahakari Bank Ltd., Panvel (District - Raigad), Maharashtra. Consequently, the bank ceases to carry on banking business, with effect from the close of business on August 13, 2021. 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
ଅଗଷ୍ଟ 09, 2021
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949, (AACS) - Independence Co-operative Bank Ltd, Nashik, Maharashtra - Extension of period
The Reserve Bank of India, in the public interest, had issued directions to Independence Co-operative Bank Ltd., Nashik, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on February 09, 2021, the validity of which was upto August 10, 2021. These directions shall continue to apply to the bank for a further period of three months from August 11,
The Reserve Bank of India, in the public interest, had issued directions to Independence Co-operative Bank Ltd., Nashik, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on February 09, 2021, the validity of which was upto August 10, 2021. These directions shall continue to apply to the bank for a further period of three months from August 11,
ଅଗଷ୍ଟ 08, 2021
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Millath Co-operative Bank Limited, Davangere, Karnataka - Extension of period
The Reserve Bank of India issued All Inclusive Directions to Millath Co-operative Bank Limited, Devangere, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DCBS.CO.BSD III.D-12/12.23.096/2018-19 dated April 26, 2019, as modified from time to time, which were last extended up to August 07, 2021 vide Directive DOR.MON.D-8/12.23.096/2021-22 dated May 05, 2021. 2. The Reserve Bank of India is satisfied that in the public
The Reserve Bank of India issued All Inclusive Directions to Millath Co-operative Bank Limited, Devangere, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DCBS.CO.BSD III.D-12/12.23.096/2018-19 dated April 26, 2019, as modified from time to time, which were last extended up to August 07, 2021 vide Directive DOR.MON.D-8/12.23.096/2021-22 dated May 05, 2021. 2. The Reserve Bank of India is satisfied that in the public
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