Press Releases - Regulating Co-operative Banking - ଆରବିଆଇ - Reserve Bank of India
ପ୍ରେସ୍ ପ୍ରକାଶନୀ
ମଇ 17, 2013
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Shri Shivaji Sahakari Bank Ltd., Gadhinglaj, Dist. Kolhapur, Maharashtra
It is hereby notified for the information of the public that validity period of directions imposed on Shri Shivaji Sahakari Bank Ltd., Gadhinglaj, Dist. Kolhapur vide RBI's directive UBD.CO.BSD-I.No.D-61/12.22.249/2011-12 dated October 24, 2011 has been extended for a further period of six months from April 25, 2013 to October 24, 2013 vide RBI's modified directive UBD.CO.BSD-I.No.D-42/12.22.249/ 2012-13 dated April 16, 2013 subject to review. The other terms and cond
It is hereby notified for the information of the public that validity period of directions imposed on Shri Shivaji Sahakari Bank Ltd., Gadhinglaj, Dist. Kolhapur vide RBI's directive UBD.CO.BSD-I.No.D-61/12.22.249/2011-12 dated October 24, 2011 has been extended for a further period of six months from April 25, 2013 to October 24, 2013 vide RBI's modified directive UBD.CO.BSD-I.No.D-42/12.22.249/ 2012-13 dated April 16, 2013 subject to review. The other terms and cond
ମଇ 03, 2013
RBI imposes penalty on The Bechraji Nagrik Sahakari Bank Ltd., Mehsana (Gujarat)
The Reserve Bank of India has imposed a monetary penalty of ` 1.00 lakh (Rupees one lakh only) on The Bechraji Nagrik Sahakari Bank Ltd., Mehsana (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 of the RBI Directive No.5 dated April 29, 2003 read with Section 20 of the B.R. Act, 1949, (AACS) by granting loans t
The Reserve Bank of India has imposed a monetary penalty of ` 1.00 lakh (Rupees one lakh only) on The Bechraji Nagrik Sahakari Bank Ltd., Mehsana (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 of the RBI Directive No.5 dated April 29, 2003 read with Section 20 of the B.R. Act, 1949, (AACS) by granting loans t
ମଇ 03, 2013
RBI imposes penalty on The Financial Cooperative Bank Ltd., Surat (Gujarat)
The Reserve Bank of India has imposed a monetary penalty of ` 1.00 lakh (Rupees one lakh only) on The Financial Cooperative Bank Ltd., Surat (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 of the RBI instructions by exceeding the ceiling prescribed for inter-bank deposit exposure limit. The Reserve Bank of Ind
The Reserve Bank of India has imposed a monetary penalty of ` 1.00 lakh (Rupees one lakh only) on The Financial Cooperative Bank Ltd., Surat (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 of the RBI instructions by exceeding the ceiling prescribed for inter-bank deposit exposure limit. The Reserve Bank of Ind
ଅପ୍ରେଲ 16, 2013
RBI imposes penalty on Vasantdada Nagari Sahakari Bank Ltd., Osmanabad
The Reserve Bank of India has imposed a monetary penalty of `5.00 lakh (Rupees Five Lakh only) on the Vasantdada Nagari Sahakari Bank Ltd. Osmanabad, 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 the directives / guidelines of the Reserve Bank of India on maximum limit on unsecured advances, sanctioning loans and ad
The Reserve Bank of India has imposed a monetary penalty of `5.00 lakh (Rupees Five Lakh only) on the Vasantdada Nagari Sahakari Bank Ltd. Osmanabad, 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 the directives / guidelines of the Reserve Bank of India on maximum limit on unsecured advances, sanctioning loans and ad
ଅପ୍ରେଲ 12, 2013
RBI penalises Unjha Nagrik Sahakari Bank Ltd., Mehsana (Gujarat)
The Reserve Bank of India has imposed a monetary penalty of ` 1.00 lakh (Rupees One Lakh only) on the Unjha Nagrik Sahakari Bank Ltd., Mehsana (Gujarat) for violation of Section 14A of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), and the directives/guidelines issued by the Reserve Bank of India on Individual and Group Exposure Limits. The penalty has been imposed in exercise of the powers vested in the Reserve Bank under the provisions o
The Reserve Bank of India has imposed a monetary penalty of ` 1.00 lakh (Rupees One Lakh only) on the Unjha Nagrik Sahakari Bank Ltd., Mehsana (Gujarat) for violation of Section 14A of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), and the directives/guidelines issued by the Reserve Bank of India on Individual and Group Exposure Limits. The penalty has been imposed in exercise of the powers vested in the Reserve Bank under the provisions o
ଅପ୍ରେଲ 04, 2013
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) Shri Siddhivinayak Nagari Sahakari Bank Ltd., Rasayani, Dist. Raigad, Maharashtra
It is hereby notified for the information of the public that validity period of directions imposed on Shri Siddhivinayak Nagari Sahakari Bank Ltd., Rasayani, Dist. Raigad vide RBI directive UBD.CO.BSD-I.No.D-56/12.22.332/2011-12 dated September 29, 2011 has been extended further vide modified directive UBD.CO.BSD-I.No.D-36/12.22.332/2012-13 dated March 20, 2013 for a period of six months i.e. from March 29, 2013 to September 28, 2013. The other terms and conditions re
It is hereby notified for the information of the public that validity period of directions imposed on Shri Siddhivinayak Nagari Sahakari Bank Ltd., Rasayani, Dist. Raigad vide RBI directive UBD.CO.BSD-I.No.D-56/12.22.332/2011-12 dated September 29, 2011 has been extended further vide modified directive UBD.CO.BSD-I.No.D-36/12.22.332/2012-13 dated March 20, 2013 for a period of six months i.e. from March 29, 2013 to September 28, 2013. The other terms and conditions re
ଅପ୍ରେଲ 03, 2013
RBI places Shree Ganesh Sahakari Bank Ltd., Nashik, Maharashtra under Directions
The Reserve Bank of India has placed Shree Ganesh Sahakari Bank Ltd., Nashik, Maharashtra, under Directions. According to the Directions, depositors will be allowed to withdraw a sum not exceeding `1000/- (Rupees one thousand only) of the total balance held in every savings bank or current account or any other deposit account by whatever name called, subject to conditions stipulated in the RBI Directions. Shree Ganesh Sahakari Bank Ltd. will, without prior approval in
The Reserve Bank of India has placed Shree Ganesh Sahakari Bank Ltd., Nashik, Maharashtra, under Directions. According to the Directions, depositors will be allowed to withdraw a sum not exceeding `1000/- (Rupees one thousand only) of the total balance held in every savings bank or current account or any other deposit account by whatever name called, subject to conditions stipulated in the RBI Directions. Shree Ganesh Sahakari Bank Ltd. will, without prior approval in
ଅପ୍ରେଲ 02, 2013
Reserve Bank of India penalizes Sanmitra Sahakari Bank Ltd., Pune
The Reserve Bank of India, has imposed a monetary penalty of ` 1.00 lakh (Rupees one lakh only) on Sanmitra Sahakari Bank Ltd., Pune in exercise of powers vested in it under the provisions of Section 47 A (1) (b) read with Section 46(4) of the Banking Regulation Act, 1949 (AACS), for violation of operational instructions relating to opening of new branch without prior permission of the Reserve Bank of India. The Reserve Bank of India had issued show cause notice to th
The Reserve Bank of India, has imposed a monetary penalty of ` 1.00 lakh (Rupees one lakh only) on Sanmitra Sahakari Bank Ltd., Pune in exercise of powers vested in it under the provisions of Section 47 A (1) (b) read with Section 46(4) of the Banking Regulation Act, 1949 (AACS), for violation of operational instructions relating to opening of new branch without prior permission of the Reserve Bank of India. The Reserve Bank of India had issued show cause notice to th
ମାର୍ଚ୍ଚ 28, 2013
RBI keeps Normal Ways and Means Advances to the State Governments Unchanged for Fiscal 2013-14
The aggregate Normal Ways and Means Advances (WMA) limit for the State Governments inclusive of the Union Territory of Puducherry is placed at `10,240 crore for the year 2013-14. The limits are unchanged from the last year’s limits. Other terms and conditions of the Scheme would remain unchanged. The decision was taken after a review of the State-wise limits of Normal WMA for the year 2012-13. R.R. Sinha Deputy General Manager Press Release : 2012-2013/1637
The aggregate Normal Ways and Means Advances (WMA) limit for the State Governments inclusive of the Union Territory of Puducherry is placed at `10,240 crore for the year 2013-14. The limits are unchanged from the last year’s limits. Other terms and conditions of the Scheme would remain unchanged. The decision was taken after a review of the State-wise limits of Normal WMA for the year 2012-13. R.R. Sinha Deputy General Manager Press Release : 2012-2013/1637
ମାର୍ଚ୍ଚ 28, 2013
The Bhuj Mercantile Co-operative Bank Ltd., Ahmedabad now to be under RBI Directions till October 02, 2013
The Reserve Bank of India has extended the period of directions imposed on the The Bhuj Mercantile Co-operative Bank Ltd., Ahmedabad for further six months. The Bank with thus continue to be under directions from April 02, 2013 to October 02, 2013. The modified directive has been displayed on the bank premises for interested members of public to peruse. The Reserve Bank has initially imposed directions on the The Bhuj Mercantile Co-operative Bank Ltd., Ahmedabad from
The Reserve Bank of India has extended the period of directions imposed on the The Bhuj Mercantile Co-operative Bank Ltd., Ahmedabad for further six months. The Bank with thus continue to be under directions from April 02, 2013 to October 02, 2013. The modified directive has been displayed on the bank premises for interested members of public to peruse. The Reserve Bank has initially imposed directions on the The Bhuj Mercantile Co-operative Bank Ltd., Ahmedabad from
ମାର୍ଚ୍ଚ 22, 2013
Reserve Bank of India penalizes Gujarat Mercantile Co-operative Bank Ltd., Ahmedabad (Gujarat)
The Reserve Bank of India, in exercise of powers vested in it under the provisions of Section 47 A (1) (b) read with Section 46(4) of the Banking Regulation Act, 1949 (AACS), imposed a monetary penalty of ` 2.00 lakh (Rupees two lakh only) on Gujarat Mercantile Co-operative Bank Ltd., Ahmedabad for violation of the Banking Regulation Act, 1949 (AACS) / RBI directives / instructions relating to prohibition of loans and advances to directors/ relatives/related concerns.
The Reserve Bank of India, in exercise of powers vested in it under the provisions of Section 47 A (1) (b) read with Section 46(4) of the Banking Regulation Act, 1949 (AACS), imposed a monetary penalty of ` 2.00 lakh (Rupees two lakh only) on Gujarat Mercantile Co-operative Bank Ltd., Ahmedabad for violation of the Banking Regulation Act, 1949 (AACS) / RBI directives / instructions relating to prohibition of loans and advances to directors/ relatives/related concerns.
ମାର୍ଚ୍ଚ 08, 2013
Reserve Bank Cancels the Licence of Abhinav Sahakari Bank Ltd., Rahuri (Maharashtra)
In view of the fact that Abhinav Sahakari Bank Ltd, Rahuri, Maharashtra had ceased to be solvent and all efforts to revive it in close consultation with the Government of Maharashtra had failed, the Reserve Bank of India delivered the order cancelling its licence to the bank as on the close of business on February 07, 2013. The Registrar of Co-operative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator fo
In view of the fact that Abhinav Sahakari Bank Ltd, Rahuri, Maharashtra had ceased to be solvent and all efforts to revive it in close consultation with the Government of Maharashtra had failed, the Reserve Bank of India delivered the order cancelling its licence to the bank as on the close of business on February 07, 2013. The Registrar of Co-operative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator fo
ମାର୍ଚ୍ଚ 05, 2013
RBI places Surat Nagrik Sahakari Bank Ltd., Surat, Gujarat under Directions
The Reserve Bank of India has placed Surat Nagrik Sahakari Bank Ltd., Surat under Directions. According to the Directions, depositors will be allowed to withdraw a sum not exceeding ` 1000/- (Rupees One thousand only) of the total balance held in every savings bank or current account or any other deposit account by whatever name called, subject to conditions stipulated in the RBI Directions. Surat Nagrik Sahakari Bank Ltd., Surat will, without prior approval of RBI in
The Reserve Bank of India has placed Surat Nagrik Sahakari Bank Ltd., Surat under Directions. According to the Directions, depositors will be allowed to withdraw a sum not exceeding ` 1000/- (Rupees One thousand only) of the total balance held in every savings bank or current account or any other deposit account by whatever name called, subject to conditions stipulated in the RBI Directions. Surat Nagrik Sahakari Bank Ltd., Surat will, without prior approval of RBI in
ଫେବୃଆରୀ 25, 2013
RBI places Rupee Co-operative Bank, Maharashtra under Directions
The Reserve Bank of India has placed Rupee Co-operative bank Ltd., Dist. Pune, Maharashtra, under Directions. According to the Directions, depositors will be allowed to withdraw a sum not exceeding `1000/- (Rupees one thousand only) of the total balance held in every savings bank or current account or any other deposit account by whatever name called, subject to conditions stipulated in the RBI Directions. Rupee Co-operative Bank will, without prior approval in writin
The Reserve Bank of India has placed Rupee Co-operative bank Ltd., Dist. Pune, Maharashtra, under Directions. According to the Directions, depositors will be allowed to withdraw a sum not exceeding `1000/- (Rupees one thousand only) of the total balance held in every savings bank or current account or any other deposit account by whatever name called, subject to conditions stipulated in the RBI Directions. Rupee Co-operative Bank will, without prior approval in writin
ଫେବୃଆରୀ 15, 2013
The Municipal Co-operative Bank Ltd. Ahmedabad
The Municipal Co-operative Bank Ltd., Ahmedabad was imposed directions by Reserve Bank of India vide its Directive UBD. CO.NSB.II. / D-85 /12.21.114/ 2009-10 dated February 08, 2010, effective from the close of business on February 15, 2010, in exercise of the powers vested under sub–section (1) of Section 35 A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies). The period of directions imposed which was expiring on February 14, 2013, has si
The Municipal Co-operative Bank Ltd., Ahmedabad was imposed directions by Reserve Bank of India vide its Directive UBD. CO.NSB.II. / D-85 /12.21.114/ 2009-10 dated February 08, 2010, effective from the close of business on February 15, 2010, in exercise of the powers vested under sub–section (1) of Section 35 A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies). The period of directions imposed which was expiring on February 14, 2013, has si
ଫେବୃଆରୀ 13, 2013
Reserve Bank Cancels the Licence of Abhinav Sahakari Bank Ltd., Rahuri Dist. Ahmednagar, Maharashtra for carrying on banking business
It is hereby notified for the information of the public that the Reserve Bank of India vide order dated February 1, 2013 has cancelled the licence of Abhinav Sahakari Bank Ltd., Rahuri, Dist. Ahmednagar, Maharashtra to carry on banking business under Section 22 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies). As such, the bank is precluded from transacting the business of 'banking' as defined in Section 5(b) of the Banking Regulation Act,
It is hereby notified for the information of the public that the Reserve Bank of India vide order dated February 1, 2013 has cancelled the licence of Abhinav Sahakari Bank Ltd., Rahuri, Dist. Ahmednagar, Maharashtra to carry on banking business under Section 22 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies). As such, the bank is precluded from transacting the business of 'banking' as defined in Section 5(b) of the Banking Regulation Act,
ଫେବୃଆରୀ 12, 2013
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) Kokan Prant Sahakari Bank Ltd., Mumbai, Maharashtra
It is hereby notified for the information of the public that validity period of directions imposed on Kokan Prant Sahakari Bank Ltd.,Mumbai, Maharashtra vide our directive UBD.CO.BSD-I.No.D-04/12.22.114/2012-13 dated August 06, 2012, has been extended further vide modified directive UBD.CO.BSD I/D-25/12.22.114/2012-13 dated January 28,2013 for a period of six months i.e. from February 07,2013 to August 06,2013 . The other terms and conditions remain unchanged. A copy
It is hereby notified for the information of the public that validity period of directions imposed on Kokan Prant Sahakari Bank Ltd.,Mumbai, Maharashtra vide our directive UBD.CO.BSD-I.No.D-04/12.22.114/2012-13 dated August 06, 2012, has been extended further vide modified directive UBD.CO.BSD I/D-25/12.22.114/2012-13 dated January 28,2013 for a period of six months i.e. from February 07,2013 to August 06,2013 . The other terms and conditions remain unchanged. A copy
ଜାନୁଆରୀ 03, 2013
Reserve Bank Cancels the Licence of Swami Samarth Sahakari Bank Ltd., Akkalkot, Solapur, (Maharashtra)
In view of the fact that Swami Samarth Sahakari Bank Ltd., Akkalkot, Solapur, (Maharashtra), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India [RBI] delivered the order cancelling its licence to the bank and the same is effective from the close of business as on December 28, 2012. The Registrar of Co-oper
In view of the fact that Swami Samarth Sahakari Bank Ltd., Akkalkot, Solapur, (Maharashtra), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India [RBI] delivered the order cancelling its licence to the bank and the same is effective from the close of business as on December 28, 2012. The Registrar of Co-oper
ଡିସେମ୍ବର 31, 2012
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) -The Merchants’ Co-operative Bank Ltd., Dist. Dhule
It is hereby notified for information of the public that 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 Societies) read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India has issued certain Directions to The Merchants Co-operative Bank Ltd., Dist. Dhule whereby, as from the close of business on December 13, 2012, the aforesaid bank shall not, without
It is hereby notified for information of the public that 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 Societies) read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India has issued certain Directions to The Merchants Co-operative Bank Ltd., Dist. Dhule whereby, as from the close of business on December 13, 2012, the aforesaid bank shall not, without
ଡିସେମ୍ବର 19, 2012
Abhyudaya Co-operative Bank Ltd., Mumbai, Maharashtra - Penalised
The Reserve Bank of India has imposed a monetary penalty of `5.00 lakh (Rupees Five Lakh Only) on Abhyudaya Co-operative Bank Ltd., Mumbai, Maharashtra, 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 Cooperative Societies), for violation of instructions / guidelines of the Reserve Bank of India. A special scrutiny conducted in the Vashi branch of the bank to
The Reserve Bank of India has imposed a monetary penalty of `5.00 lakh (Rupees Five Lakh Only) on Abhyudaya Co-operative Bank Ltd., Mumbai, Maharashtra, 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 Cooperative Societies), for violation of instructions / guidelines of the Reserve Bank of India. A special scrutiny conducted in the Vashi branch of the bank to
ପେଜ୍ ଅନ୍ତିମ ଅପଡେଟ୍ ହୋଇଛି: ଅଗଷ୍ଟ 16, 2024