Press Releases - Regulating Co-operative Banking - ଆରବିଆଇ - Reserve Bank of India
ପ୍ରେସ୍ ପ୍ରକାଶନୀ
ମଇ 05, 2015
RBI extends Directions issued to Dr. Babasaheb Ambedkar Nagari Sahakari Bank Maryadit, Aurangabad, Maharashtra till November 03, 2015
The Reserve Bank of India has extended Directions issued to Dr. Babasaheb Ambedkar Nagari Sahakari Bank Maryadit, Aurangabad for a further period of six months from May 04, 2015 to November 03, 2015, subject to review. The bank was under directions since May 2012. The Directions were earlier extended on five occasions for a period of six months each. The Directions were imposed in exercise of powers vested in the Reserve Bank under sub section (1) of Section 35A of th
The Reserve Bank of India has extended Directions issued to Dr. Babasaheb Ambedkar Nagari Sahakari Bank Maryadit, Aurangabad for a further period of six months from May 04, 2015 to November 03, 2015, subject to review. The bank was under directions since May 2012. The Directions were earlier extended on five occasions for a period of six months each. The Directions were imposed in exercise of powers vested in the Reserve Bank under sub section (1) of Section 35A of th
ଅପ୍ରେଲ 30, 2015
RBI extends Directions on the Bhopal Nagrik Sahakari Bank Ltd., Bhopal (M.P.)
The Reserve Bank of India has issued certain Directions to Bhopal Nagrik Sahakari Bank Ltd., Bhopal (M.P.). The directive shall continue to apply for a further period of six months from May 01, 2015 to October 31, 2015, subject to review. The bank is under directions from the close of business of October 31, 2012. According to the Directions, Bhopal Nagrik Sahakari Bank Ltd., Bhopal (M.P.) cannot, from the close of business on October 31, 2012 and without prior approv
The Reserve Bank of India has issued certain Directions to Bhopal Nagrik Sahakari Bank Ltd., Bhopal (M.P.). The directive shall continue to apply for a further period of six months from May 01, 2015 to October 31, 2015, subject to review. The bank is under directions from the close of business of October 31, 2012. According to the Directions, Bhopal Nagrik Sahakari Bank Ltd., Bhopal (M.P.) cannot, from the close of business on October 31, 2012 and without prior approv
ଅପ୍ରେଲ 27, 2015
RBI imposes penalty on Bhavana Rishi Co-operative Urban Bank Ltd., Hyderabad, Telangana
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on the Bhavana Rishi Co-operative Urban Bank Ltd., Hyderabad, Telangana, in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949(As Applicable to Co-operative Societies), for violation of Section 20A of Banking Regulation Act, 1949 (AACS) and directives/guidelines of the Reserve Bank on loan
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on the Bhavana Rishi Co-operative Urban Bank Ltd., Hyderabad, Telangana, in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949(As Applicable to Co-operative Societies), for violation of Section 20A of Banking Regulation Act, 1949 (AACS) and directives/guidelines of the Reserve Bank on loan
ଅପ୍ରେଲ 24, 2015
RBI imposes penalty on The Halol Mercantile Co-operative Bank Ltd., Halol Dist. Panchmahals (Gujarat)
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five Lakh only) on the The Halol Mercantile Co-operative Bank Ltd., Halol Dist. Panchmahals (Gujarat) in exercise of the powers vested in it under the provisions of Section 47A (1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violation pertaining to sanctioning unsecured loans despite operational restriction imposed on it und
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five Lakh only) on the The Halol Mercantile Co-operative Bank Ltd., Halol Dist. Panchmahals (Gujarat) in exercise of the powers vested in it under the provisions of Section 47A (1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violation pertaining to sanctioning unsecured loans despite operational restriction imposed on it und
ଅପ୍ରେଲ 24, 2015
RBI extends Directions on The Panihati Co-operative Bank Ltd., Kolkata
The Reserve Bank of India has extended directions for a further period of six months from April 24, 2015 imposed on The Panihati Co-operative Bank Ltd., Panihati, Kolkata, West Bengal. The directions will continue to apply to the bank until October 23, 2015, subject to review. The Reserve Bank had first placed the bank under directions for six months on April 24, 2014 due to its very precarious financial position and the validity of which was subsequently extended up
The Reserve Bank of India has extended directions for a further period of six months from April 24, 2015 imposed on The Panihati Co-operative Bank Ltd., Panihati, Kolkata, West Bengal. The directions will continue to apply to the bank until October 23, 2015, subject to review. The Reserve Bank had first placed the bank under directions for six months on April 24, 2014 due to its very precarious financial position and the validity of which was subsequently extended up
ଅପ୍ରେଲ 17, 2015
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - HCBL Co-operative Bank Ltd., Lucknow
The Reserve Bank of India has, after satisfying itself that it is necessary in public interest to do so, issued certain directions to HCBL Co-operative Bank Ltd., Lucknow. The instructions will remain in force for a period of six months, subject to review from time to time. Accordingly, HCBL Co-operative Bank Ltd., Lucknow, from the close of business on April 16, 2015, cannot, without prior approval in writing from the Reserve Bank of India, grant or renew any loans a
The Reserve Bank of India has, after satisfying itself that it is necessary in public interest to do so, issued certain directions to HCBL Co-operative Bank Ltd., Lucknow. The instructions will remain in force for a period of six months, subject to review from time to time. Accordingly, HCBL Co-operative Bank Ltd., Lucknow, from the close of business on April 16, 2015, cannot, without prior approval in writing from the Reserve Bank of India, grant or renew any loans a
ଅପ୍ରେଲ 15, 2015
RBI cancels Certificate of Registration of M/s Ramir Finance & Leasing Company Ltd., Punjab
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFC) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation M/s Ramir Finance & Leasing Company Ltd. 11, Gurunanak Market, Shastri Nagar, Batala, Punjab-143505 A-06.00336 July 24, 2007 Jan
The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFC) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation M/s Ramir Finance & Leasing Company Ltd. 11, Gurunanak Market, Shastri Nagar, Batala, Punjab-143505 A-06.00336 July 24, 2007 Jan
ଅପ୍ରେଲ 13, 2015
RBI withdraws Directions issued to Kisan Nagari Sahakari Bank Maryadit, Parbhani, Maharashtra
The Reserve Bank of India has withdrawn the All Inclusive Directions issued on January 29, 2015 to Kisan Nagari Sahakari Bank Maryadit, Parbhani, Maharashtra with effect from close of business as on April 09, 2015.The withdrawal of Directions is in exercise of powers vested in the Reserve Bank under sub section (2) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies). A copy of the Order is displayed on the bank's premises for pe
The Reserve Bank of India has withdrawn the All Inclusive Directions issued on January 29, 2015 to Kisan Nagari Sahakari Bank Maryadit, Parbhani, Maharashtra with effect from close of business as on April 09, 2015.The withdrawal of Directions is in exercise of powers vested in the Reserve Bank under sub section (2) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies). A copy of the Order is displayed on the bank's premises for pe
ଅପ୍ରେଲ 10, 2015
RBI imposes penalty on Vananchal Gramin Bank for violation of Branch Licensing Guidelines
The Reserve Bank of India has imposed a penalty of ` 50,000/- (Rupees Fifty Thousand only) on Vananchal Gramin Bank, Dumka, Jharkhand in exercise of powers vested in it under provisions of Section 47A read with Section 46 (4) of the Banking Regulation Act, 1949, for violation of Branch Licensing Guidelines. The Reserve Bank of India had issued a show cause notice to the bank in response to which the banks submitted a written reply. After considering the facts of the c
The Reserve Bank of India has imposed a penalty of ` 50,000/- (Rupees Fifty Thousand only) on Vananchal Gramin Bank, Dumka, Jharkhand in exercise of powers vested in it under provisions of Section 47A read with Section 46 (4) of the Banking Regulation Act, 1949, for violation of Branch Licensing Guidelines. The Reserve Bank of India had issued a show cause notice to the bank in response to which the banks submitted a written reply. After considering the facts of the c
ଅପ୍ରେଲ 08, 2015
RBI extends Directions on Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal (M.P.)
The Reserve Bank of India has issued certain Directions to Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal (M.P.). The directions shall continue to apply for a further period of six months from April 09, 2015 to October 08, 2015, subject to review. The bank is under directions from the close of business of April 09, 2010. According to the Reserve Bank’s directions, Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal (M.P.) cannot, from the close of business on Apr
The Reserve Bank of India has issued certain Directions to Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal (M.P.). The directions shall continue to apply for a further period of six months from April 09, 2015 to October 08, 2015, subject to review. The bank is under directions from the close of business of April 09, 2010. According to the Reserve Bank’s directions, Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal (M.P.) cannot, from the close of business on Apr
ମାର୍ଚ୍ଚ 31, 2015
RBI penalises 16 Central Co-operative Banks (CCBs)
The Reserve Bank of India has imposed a monetary penalty of ` 5.00 lakh (Rupees five lakh only) each on 16 Central Co-operative Banks listed below. Penalties have been imposed in exercise of powers vested in it under the provisions of Section 47(A) read with Section 46 of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for non-adherence to Know Your Customer (KYC) norms and Anti-Money Laundering (AML) standards. Sr.No. Name of the Bank 1. T
The Reserve Bank of India has imposed a monetary penalty of ` 5.00 lakh (Rupees five lakh only) each on 16 Central Co-operative Banks listed below. Penalties have been imposed in exercise of powers vested in it under the provisions of Section 47(A) read with Section 46 of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for non-adherence to Know Your Customer (KYC) norms and Anti-Money Laundering (AML) standards. Sr.No. Name of the Bank 1. T
ମାର୍ଚ୍ଚ 26, 2015
Pioneer Urban Co-operative Bank Ltd., Lucknow placed under Directions
The Reserve Bank of India has, after satisfying itself that it is necessary in public interest to do so, issued certain directions to Pioneer Urban Co-operative Bank Ltd., Lucknow. The instructions will remain in force for a period of six months, subject to review from time to time. Accordingly, Pioneer Urban Co-operative Bank Ltd., Lucknow, from the close of business on March 24, 2015, cannot, without prior approval in writing from the Reserve Bank of India, grant or
The Reserve Bank of India has, after satisfying itself that it is necessary in public interest to do so, issued certain directions to Pioneer Urban Co-operative Bank Ltd., Lucknow. The instructions will remain in force for a period of six months, subject to review from time to time. Accordingly, Pioneer Urban Co-operative Bank Ltd., Lucknow, from the close of business on March 24, 2015, cannot, without prior approval in writing from the Reserve Bank of India, grant or
ମାର୍ଚ୍ଚ 26, 2015
RBI extends Directions issued to Shree Ganesh Sahakari Bank Ltd., Nashik, Maharashtra
The Reserve Bank of India has extended the validity of Directions issued to Shree Ganesh Sahakari Bank Ltd., Nashik, Maharashtra for a further period of six months from March 30, 2015 to September 29, 2015 subject to review. The bank was under directions since April 01, 2013 which were extended thrice for a period of six months each from the close of business on October 01, 2013, April 01, 2014 and September 30, 2014. The Reserve Bank has issued these directions in ex
The Reserve Bank of India has extended the validity of Directions issued to Shree Ganesh Sahakari Bank Ltd., Nashik, Maharashtra for a further period of six months from March 30, 2015 to September 29, 2015 subject to review. The bank was under directions since April 01, 2013 which were extended thrice for a period of six months each from the close of business on October 01, 2013, April 01, 2014 and September 30, 2014. The Reserve Bank has issued these directions in ex
ମାର୍ଚ୍ଚ 17, 2015
RBI extends Directions issued to The Janata Commercial Cooperative Bank Ltd., Khamgaon, (Buldhana) Maharashtra till June 13, 2015
The Reserve Bank of India has extended Directions issued to The Janata Commercial Cooperative Bank Ltd., Khamgaon, (Buldhana) Maharashtra for a further period of three months from March 14, 2015 to June 13, 2015, subject to review. The bank was under directions since September 2012. According to the Directions, The Janata Commercial Cooperative Bank Ltd., Khamgaon cannot and without prior approval of the Reserve Bank in writing, grant or renew any loans and advances,
The Reserve Bank of India has extended Directions issued to The Janata Commercial Cooperative Bank Ltd., Khamgaon, (Buldhana) Maharashtra for a further period of three months from March 14, 2015 to June 13, 2015, subject to review. The bank was under directions since September 2012. According to the Directions, The Janata Commercial Cooperative Bank Ltd., Khamgaon cannot and without prior approval of the Reserve Bank in writing, grant or renew any loans and advances,
ମାର୍ଚ୍ଚ 13, 2015
RBI extends Directions issued to The Choundeshwari Sahakari Bank Ltd, Ichalkaranji, Kolhapur
The Reserve Bank of India has extended Directions issued to The Choundeshwari Sahakari Bank Ltd, Ichalkaranji, Kolhapur for a further period of six months from the close of business on March 01, 2015 to August 31, 2015, subject to review. The bank was under directions since August 28, 2014. The Reserve Bank has issued these directions in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operat
The Reserve Bank of India has extended Directions issued to The Choundeshwari Sahakari Bank Ltd, Ichalkaranji, Kolhapur for a further period of six months from the close of business on March 01, 2015 to August 31, 2015, subject to review. The bank was under directions since August 28, 2014. The Reserve Bank has issued these directions in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operat
ମାର୍ଚ୍ଚ 10, 2015
RBI extends Directions issued to Shree Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, District - Pune, Maharashtra
The Reserve Bank of India has extended Directions issued to Shree Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, District-Pune, Maharashtra for a further period of six months from the close of business on March 11, 2015, subject to review. The bank was under directions since September 12, 2014 The Reserve Bank has issued these directions in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable
The Reserve Bank of India has extended Directions issued to Shree Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, District-Pune, Maharashtra for a further period of six months from the close of business on March 11, 2015, subject to review. The bank was under directions since September 12, 2014 The Reserve Bank has issued these directions in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable
ଫେବୃଆରୀ 20, 2015
RBI extends Directions issued to Shatabdi Mahila Sahakari Bank Ltd., Thane, District-Thane, Maharashtra
The Reserve Bank of India has extended Directions issued to Shatabdi Mahila Sahakari Bank Ltd., Thane, District-Thane, Maharashtra for a further period of six months from the close of business on February 19, 2015, subject to review. The bank was under directions since August 20, 2014. The Reserve Bank has issued these directions in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative S
The Reserve Bank of India has extended Directions issued to Shatabdi Mahila Sahakari Bank Ltd., Thane, District-Thane, Maharashtra for a further period of six months from the close of business on February 19, 2015, subject to review. The bank was under directions since August 20, 2014. The Reserve Bank has issued these directions in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative S
ଫେବୃଆରୀ 20, 2015
RBI cancels Licence of The United Commercial Co-operative Bank Ltd., Kanpur (Uttar Pradesh)
The Reserve Bank of India (RBI) has cancelled the licence of United Commercial Co-operative Bank Ltd., Kanpur (Uttar Pradesh). The order was made effective from the close of business on January 24, 2015. The Registrar of Co-operative Societies Uttar Pradesh has also been requested to issue an order for winding up of the bank and appoint a liquidator. The Reserve Bank cancelled the licence of the bank as: Its operations were being carried out in a manner detrimental to
The Reserve Bank of India (RBI) has cancelled the licence of United Commercial Co-operative Bank Ltd., Kanpur (Uttar Pradesh). The order was made effective from the close of business on January 24, 2015. The Registrar of Co-operative Societies Uttar Pradesh has also been requested to issue an order for winding up of the bank and appoint a liquidator. The Reserve Bank cancelled the licence of the bank as: Its operations were being carried out in a manner detrimental to
ଫେବୃଆରୀ 05, 2015
RBI issues Directions to Kisan Nagari Sahakari Bank Maryadit, Parbhani, Maharashtra
The Reserve Bank of India has issued Directions to Kisan Nagari Sahakari Bank Maryadit, Parbhani, Maharashtra for a period of six months with effect from close of business as on January 29, 2015. According to the Directions, Kisan Nagari Sahakari Bank Maryadit, Parbhani cannot and without prior approval of the Reserve Bank in writing grant or renew any loans and advances, make any investment, incur any liability including borrowal of funds and acceptance of fresh depo
The Reserve Bank of India has issued Directions to Kisan Nagari Sahakari Bank Maryadit, Parbhani, Maharashtra for a period of six months with effect from close of business as on January 29, 2015. According to the Directions, Kisan Nagari Sahakari Bank Maryadit, Parbhani cannot and without prior approval of the Reserve Bank in writing grant or renew any loans and advances, make any investment, incur any liability including borrowal of funds and acceptance of fresh depo
ଜାନୁଆରୀ 29, 2015
RBI cancels Licence of Baranagar Co-operative Bank Ltd., Kolkata (West Bengal)
The Reserve Bank of India (RBI) has cancelled the licence of Baranagar Co-operative Bank Ltd., Kolkata (West Bengal). The order was made effective from the close of business on January 21, 2015. The Registrar of Co-operative Societies, West Bengal has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Bank issued the order in view of the fact that the bank had ceased to be solvent, all efforts to revive had
The Reserve Bank of India (RBI) has cancelled the licence of Baranagar Co-operative Bank Ltd., Kolkata (West Bengal). The order was made effective from the close of business on January 21, 2015. The Registrar of Co-operative Societies, West Bengal has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Bank issued the order in view of the fact that the bank had ceased to be solvent, all efforts to revive had
ପେଜ୍ ଅନ୍ତିମ ଅପଡେଟ୍ ହୋଇଛି: ଅଗଷ୍ଟ 16, 2024