Press Releases - Regulating Co-operative Banking - ଆରବିଆଇ - Reserve Bank of India
ପ୍ରେସ୍ ପ୍ରକାଶନୀ
ଜୁନ 06, 2022
Directions under Section 35 A 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
The 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 till June 06, 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 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 till June 06, 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
ମଇ 31, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act,1949 (As Applicable to Co-operative Societies) - Harihareshwar Sahakari Bank Limited, Wai, Satara
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 read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies), the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.DSD.No.S1012/12-07-005/2022-23 dated May 31, 2022, has issued certain Directions to Harihareshwar Sahakari Bank Limited, Wai, Satara, whereby, as from the close of business on May
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 read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies), the Reserve Bank of India (RBI) vide Directive Ref. No. CO.DOS.DSD.No.S1012/12-07-005/2022-23 dated May 31, 2022, has issued certain Directions to Harihareshwar Sahakari Bank Limited, Wai, Satara, whereby, as from the close of business on May
ମଇ 27, 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 May 31, 2022. 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 (1
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 May 31, 2022. 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 (1
ମଇ 27, 2022
Directions under Section 35 A 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 May 31, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested
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 May 31, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested
ମଇ 25, 2022
Directions under Section 35 A 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, in the public interest, had issued directions to The Malkapur Urban Co-operative Bank Ltd., Buldhana, 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 24, 2021. These directions shall continue to apply to the bank for a further period of three months from May 25, 2022 to August 24, 2022, subject to review
The Reserve Bank of India, in the public interest, had issued directions to The Malkapur Urban Co-operative Bank Ltd., Buldhana, 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 24, 2021. These directions shall continue to apply to the bank for a further period of three months from May 25, 2022 to August 24, 2022, subject to review
ମଇ 24, 2022
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Shri Anand Co-operative Bank Limited, Chinchwad, Pune, Maharashtra- Extension of Period
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-16/12.22.474/2018-19 dated June 21, 2019, had placed Shri Anand Co-operative Bank Limited, Chinchwad, Pune, Maharashtra under Directions from the close of business on June 25, 2019 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to May 24, 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 DCBS.CO.BSD-I/D-16/12.22.474/2018-19 dated June 21, 2019, had placed Shri Anand Co-operative Bank Limited, Chinchwad, Pune, Maharashtra under Directions from the close of business on June 25, 2019 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to May 24, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of
ମଇ 24, 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 May 24, 2022. The Reserve Bank of India has now further extended the Direct
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 May 24, 2022. The Reserve Bank of India has now further extended the Direct
ମଇ 20, 2022
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 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 was last extended up to May 19, 2022, vide Directive DOR.MON.D-63/12.23.042/2021-22 dated February 18, 2022. 2. The Reserve Bank of India is satisfied that in the public interest,
The Reserve Bank of India issued 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 was last extended up to May 19, 2022, vide Directive DOR.MON.D-63/12.23.042/2021-22 dated February 18, 2022. 2. The Reserve Bank of India is satisfied that in the public interest,
ମଇ 13, 2022
Directions under section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Shankarrao Pujari Nutan Nagari Sahakari Bank Limited, Ichalkaranji, Kolhapur
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.S782/12-07-005/2022-23 dated May 13, 2022, has issued certain Directions to Shankarrao Pujari Nutan Nagari Sahakari Bank Limited, Ichalk
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.S782/12-07-005/2022-23 dated May 13, 2022, has issued certain Directions to Shankarrao Pujari Nutan Nagari Sahakari Bank Limited, Ichalk
ମଇ 11, 2022
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - The Laxmi Co-operative Bank Ltd., Solapur - Extension of Period
The Reserve Bank of India, in the public interest, had issued directions to The Laxmi Co-operative Bank Ltd., 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) from the close of business on November 12, 2021. These directions shall continue to apply to the bank for a further period of three months from May 12, 2022 to August 11, 2022, subject to review. The Dire
The Reserve Bank of India, in the public interest, had issued directions to The Laxmi Co-operative Bank Ltd., 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) from the close of business on November 12, 2021. These directions shall continue to apply to the bank for a further period of three months from May 12, 2022 to August 11, 2022, subject to review. The Dire
ମଇ 11, 2022
Directions u/s 35 A 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 35 A 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-60/12.23.283/2021-22 dated January 10, 2022 up to May 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 35 A 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-60/12.23.283/2021-22 dated January 10, 2022 up to May 10, 2022. 2. The Reserve Bank of India is satisfied that in
ମଇ 08, 2022
Directions under Section 35 A 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, Davangere, 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 May 07, 2022 vide Directive DOR.MON/D-62/12.23.096/2021-22 dated February 07, 2022. 2. The Reserve Bank of India is satisfied that in the publ
The Reserve Bank of India issued All Inclusive Directions to Millath Co-operative Bank Limited, Davangere, 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 May 07, 2022 vide Directive DOR.MON/D-62/12.23.096/2021-22 dated February 07, 2022. 2. The Reserve Bank of India is satisfied that in the publ
ମଇ 06, 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 Ltd., 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) from the close of business on November 08, 2021. These directions shall continue to apply to the bank for a further period of three months from May 09, 2022 to August 08, 2022, subject to review. Th
The Reserve Bank of India, in the public interest, had issued directions to Babaji Date Mahila Sahakari Bank Ltd., 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) from the close of business on November 08, 2021. These directions shall continue to apply to the bank for a further period of three months from May 09, 2022 to August 08, 2022, subject to review. Th
ଅପ୍ରେଲ 30, 2022
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - 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 April 30, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in i
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 April 30, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in i
ଅପ୍ରେଲ 12, 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 April 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 April 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
ଅପ୍ରେଲ 12, 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, i.e., till April 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 with Sec
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, i.e., till April 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 with Sec
ଅପ୍ରେଲ 08, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - The Mudhol Co-operative Bank Limited, Dist- Bagalkot, Karnataka - Extension of period
The Reserve Bank of India issued All Inclusive Directions to The Mudhol Co-operative Bank Limited, Dist.- Bagalkot, Karnataka under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DCBS.CO.BSD III.D-11/12.23.094/2018-19 dated April 02, 2019, as modified from time to time, which were last extended up to April 07, 2022 vide Directive DOR.MON.No.D-58/12.23. 094/2020-21 dated January 06, 2022. 2. The Reserve Bank of India is satisfied t
The Reserve Bank of India issued All Inclusive Directions to The Mudhol Co-operative Bank Limited, Dist.- Bagalkot, Karnataka under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DCBS.CO.BSD III.D-11/12.23.094/2018-19 dated April 02, 2019, as modified from time to time, which were last extended up to April 07, 2022 vide Directive DOR.MON.No.D-58/12.23. 094/2020-21 dated January 06, 2022. 2. The Reserve Bank of India is satisfied t
ଅପ୍ରେଲ 07, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Shushruti Souharda Sahakara Bank Niyamita, Bangalore
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.S98/10-01-023/2022-2023 dated April 07, 2022, has issued certain Directions to Shushruti Souharda Sahakara Bank Niyamita, Bangalore, whereby, as from the close of business on Ap
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.S98/10-01-023/2022-2023 dated April 07, 2022, has issued certain Directions to Shushruti Souharda Sahakara Bank Niyamita, Bangalore, whereby, as from the close of business on Ap
ମାର୍ଚ୍ଚ 21, 2022
Reserve Bank of India cancels the license of People’s Co-operative Bank Limited, Kanpur, Uttar Pradesh
Today, the Reserve Bank of India (RBI), vide order dated March 17, 2022, has cancelled the license of People’s Co-operative Bank Limited, Kanpur, Uttar Pradesh. Consequently, the bank ceases to carry on banking business, with effect from the close of business on March 21, 2022. The Commissioner for Cooperation and Registrar of Cooperative Societies, Uttar Pradesh 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 March 17, 2022, has cancelled the license of People’s Co-operative Bank Limited, Kanpur, Uttar Pradesh. Consequently, the bank ceases to carry on banking business, with effect from the close of business on March 21, 2022. The Commissioner for Cooperation and Registrar of Cooperative Societies, Uttar Pradesh has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. T
ମାର୍ଚ୍ଚ 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 March 17, 2022. These directions sh
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 March 17, 2022. These directions sh
ମାର୍ଚ୍ଚ 11, 2022
Extension of validity of Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS)- People’s Co-operative Bank Limited, Kanpur (U.P)
The Reserve Bank of India (RBI) has extended the directions issued to the People’s Co-operative Bank Limited, Kanpur (U.P) for a further period of one (01) month from March 11, 2022 to April 10, 2022, subject to review. The bank has been under direction since June 10, 2020 vide directive order DoS.CO.UCBs-North/D-1/12.28.059/2019-20 dated June 09, 2020 issued under section 35 A of the Banking Regulation Act, 1949 (AACS). The validity of the directive, which was last e
The Reserve Bank of India (RBI) has extended the directions issued to the People’s Co-operative Bank Limited, Kanpur (U.P) for a further period of one (01) month from March 11, 2022 to April 10, 2022, subject to review. The bank has been under direction since June 10, 2020 vide directive order DoS.CO.UCBs-North/D-1/12.28.059/2019-20 dated June 09, 2020 issued under section 35 A of the Banking Regulation Act, 1949 (AACS). The validity of the directive, which was last e
ମାର୍ଚ୍ଚ 10, 2022
Directions under Section 35A 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 December 09, 2021 for three months up to March 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 December 09, 2021 for three months up to March 09, 2022, subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise o
ମାର୍ଚ୍ଚ 09, 2022
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 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 March 09, 2022 vide the Directive DOR.MON/D-51/12.26.004/2021-22 dated December 08, 20
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 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 March 09, 2022 vide the Directive DOR.MON/D-51/12.26.004/2021-22 dated December 08, 20
ମାର୍ଚ୍ଚ 09, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Dwarakadas Mantri Nagari Sahakari Bank. Ltd., Beed
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. DOS.CO.NSUCBs-West/D-4/S3706/12.07.005/2021-22 dated March 09, 2022, has issued certain Directions to Dwarakadas Mantri Nagari Sahakari Bank. Ltd., Beed., whereby, as from the close of busine
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. DOS.CO.NSUCBs-West/D-4/S3706/12.07.005/2021-22 dated March 09, 2022, has issued certain Directions to Dwarakadas Mantri Nagari Sahakari Bank. Ltd., Beed., whereby, as from the close of busine
ମାର୍ଚ୍ଚ 09, 2022
Reserve Bank clarifies on the mode of receipt of complaints under Reserve Bank - Integrated Ombudsman Scheme 2021(RB-IOS)
Instances of misinformation being spread through certain sections of the social media about the Reserve Bank - Integrated Ombudsman Scheme 2021 (RB-IOS) have come to the notice of the RBI. These messages are conveying to public at large to lodge their complaints against entities regulated by RBI through third parties for a charge/fee or otherwise for early redress of grievances. It is clarified that RBI does not have any such arrangement with any entity for redress of
Instances of misinformation being spread through certain sections of the social media about the Reserve Bank - Integrated Ombudsman Scheme 2021 (RB-IOS) have come to the notice of the RBI. These messages are conveying to public at large to lodge their complaints against entities regulated by RBI through third parties for a charge/fee or otherwise for early redress of grievances. It is clarified that RBI does not have any such arrangement with any entity for redress of
ମାର୍ଚ୍ଚ 02, 2022
Reserve Bank of India cancels the licence of Sarjeraodada Naik Shirala Sahakari Bank Ltd, Shirala, Dist. Sangli, Maharashtra
Today, the Reserve Bank of India (RBI), vide order dated March 02, 2022, has cancelled the licence of Sarjeraodada Naik Shirala Sahakari Bank Ltd, Shirala, Dist. Sangli, Maharashtra. Consequently, the bank ceases to carry on banking business, with effect from the close of business on March 02, 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 liquid
Today, the Reserve Bank of India (RBI), vide order dated March 02, 2022, has cancelled the licence of Sarjeraodada Naik Shirala Sahakari Bank Ltd, Shirala, Dist. Sangli, Maharashtra. Consequently, the bank ceases to carry on banking business, with effect from the close of business on March 02, 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 liquid
ଫେବୃଆରୀ 28, 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
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 February 28, 2022. 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 (1)
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 February 28, 2022. 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 (1)
ଫେବୃଆରୀ 28, 2022
Directions under Section 35 A 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 February 28, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers v
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 February 28, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers v
ଫେବୃଆରୀ 24, 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 February 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 February 24, 2022. The Reserve Bank of India has now further extended the D
ଫେବୃଆରୀ 23, 2022
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Shri Anand Co-operative Bank Limited, Chinchwad, Pune, Maharashtra - Extension of Period
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-16/12.22.474/2018-19 dated June 21, 2019, had placed Shri Anand Co-operative Bank Limited, Chinchwad, Pune, Maharashtra under Directions from the close of business on June 25, 2019 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to February 24, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercis
The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-16/12.22.474/2018-19 dated June 21, 2019, had placed Shri Anand Co-operative Bank Limited, Chinchwad, Pune, Maharashtra under Directions from the close of business on June 25, 2019 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to February 24, 2022. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercis
ଫେବୃଆରୀ 20, 2022
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 Directions under Section 35 A 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 was last extended up to February 19, 2022, vide Directive DOR.MON.D-29/12.23.042/2021-22 dated August 13, 2021. 2. The Reserve Bank of India is satisfied that in the public intere
The Reserve Bank of India issued Directions under Section 35 A 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 was last extended up to February 19, 2022, vide Directive DOR.MON.D-29/12.23.042/2021-22 dated August 13, 2021. 2. The Reserve Bank of India is satisfied that in the public intere
ଫେବୃଆରୀ 16, 2022
Reserve Bank of India cancels the licence of Mantha Urban Cooperative Bank Ltd., Mantha, District: Jalna, Maharashtra
The Reserve Bank of India (RBI), vide order dated February 15, 2022, has cancelled the licence of Mantha Urban Cooperative Bank Ltd., Mantha, District: Jalna, Maharashtra. Consequently, the bank ceases to carry on banking business, with effect from the close of business on February 16, 2022. The Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra has been requested to issue an order for winding up the bank and appoint a liquidator for the
The Reserve Bank of India (RBI), vide order dated February 15, 2022, has cancelled the licence of Mantha Urban Cooperative Bank Ltd., Mantha, District: Jalna, Maharashtra. Consequently, the bank ceases to carry on banking business, with effect from the close of business on February 16, 2022. The Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra has been requested to issue an order for winding up the bank and appoint a liquidator for the
ଫେବୃଆରୀ 08, 2022
Directions under Section 35 A 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, Davangere, Karnataka under Section 35 A 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 February 07, 2022 vide Directive DOR.MON.D-44/12.23.096/2021-22 dated November 02, 2021. 2. The Reserve Bank of India is satisfied that in th
The Reserve Bank of India issued All Inclusive Directions to Millath Co-operative Bank Limited, Davangere, Karnataka under Section 35 A 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 February 07, 2022 vide Directive DOR.MON.D-44/12.23.096/2021-22 dated November 02, 2021. 2. The Reserve Bank of India is satisfied that in th
ଫେବୃଆରୀ 03, 2022
Reserve Bank of India cancels the licence of Independence Co-operative Bank Limited, Nashik, Maharashtra
The Reserve Bank of India (RBI), vide order dated February 02, 2022, has cancelled the licence of Independence Co-operative Bank Ltd., Nashik, Maharashtra. Consequently, the bank ceases to carry on banking business, with effect from the close of business on February 03, 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. The R
The Reserve Bank of India (RBI), vide order dated February 02, 2022, has cancelled the licence of Independence Co-operative Bank Ltd., Nashik, Maharashtra. Consequently, the bank ceases to carry on banking business, with effect from the close of business on February 03, 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. The R
ଜାନୁଆରୀ 28, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act (As Applicable to Co-operative Societies), 1949 - Indian Mercantile Cooperative Bank Ltd Lucknow
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 read with Section 56 of the Banking Regulation Act (AACS), 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. DoS.CO.OCCD/185569/12.28.007/2021-22 dated January 28, 2022, has issued certain Directions to Indian Mercantile Cooperative Bank Ltd Lucknow, whereby, as from the close of business on January 28, 2022, the bank shall not,
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 read with Section 56 of the Banking Regulation Act (AACS), 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. DoS.CO.OCCD/185569/12.28.007/2021-22 dated January 28, 2022, has issued certain Directions to Indian Mercantile Cooperative Bank Ltd Lucknow, whereby, as from the close of business on January 28, 2022, the bank shall not,
ଜାନୁଆରୀ 20, 2022
RBI releases Primary (Urban) Co-operative Banks’ Outlook 2020-21
The Reserve Bank of India releases the 8th volume of the annual publication titled ‘Primary (Urban) Co-operative Banks’ Outlook 2020-21’. It can be accessed at https://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications#!13. The publication has been brought out by the ‘Department of Supervision’ of the Reserve Bank of India. The publication covers the financial accounts of Scheduled and Non-Scheduled Primary (Urban) Co-operative Banks for the financial year 2020-21. The p
The Reserve Bank of India releases the 8th volume of the annual publication titled ‘Primary (Urban) Co-operative Banks’ Outlook 2020-21’. It can be accessed at https://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications#!13. The publication has been brought out by the ‘Department of Supervision’ of the Reserve Bank of India. The publication covers the financial accounts of Scheduled and Non-Scheduled Primary (Urban) Co-operative Banks for the financial year 2020-21. The p
ଜାନୁଆରୀ 17, 2022
Directions under Section 35A 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 January 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 January 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
ଜାନୁଆରୀ 17, 2022
Reserve Bank of India imposes monetary penalty on The Co-operative Bank of Rajkot Ltd., Rajkot (Gujarat)
The Reserve Bank of India (RBI) has, by an order dated January 11, 2022, imposed a monetary penalty of ₹4.00 lakh (Rupees four lakh only) on The Co-operative Bank of Rajkot Ltd., Rajkot (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Loans and advances to directors, relatives and firms / concerns in which they are interested’. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with
The Reserve Bank of India (RBI) has, by an order dated January 11, 2022, imposed a monetary penalty of ₹4.00 lakh (Rupees four lakh only) on The Co-operative Bank of Rajkot Ltd., Rajkot (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Loans and advances to directors, relatives and firms / concerns in which they are interested’. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with
ଜାନୁଆରୀ 11, 2022
Directions u/s 35 A 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 35 A 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.AID.No.D-23/12.23.283/2021-22 dated July 06, 2021 up to January 10, 2022. 2. The Reserve Bank of India is satisfied tha
The Reserve Bank of India issued Directions to Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka under Section 35 A 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.AID.No.D-23/12.23.283/2021-22 dated July 06, 2021 up to January 10, 2022. 2. The Reserve Bank of India is satisfied tha
ଜାନୁଆରୀ 10, 2022
Reserve Bank of India imposes monetary penalty on Gayatri Co-operative Urban Bank Ltd., Jagtial, Telangana State
The Reserve Bank of India (RBI) has imposed, by an order dated January 4, 2022, a monetary penalty of ₹1.00 lakh (Rupees one lakh only) on Gayatri Co-operative Urban Bank Ltd., Jagtial, Telangana (the bank) for contravention of / non-compliance with provisions of Section 9 read with Section 56 Banking Regulation Act, 1949 (the Act) and certain provisions of the directions issued by RBI contained in the Master Circular on Exposure Norms and Statutory / Other Restrictio
The Reserve Bank of India (RBI) has imposed, by an order dated January 4, 2022, a monetary penalty of ₹1.00 lakh (Rupees one lakh only) on Gayatri Co-operative Urban Bank Ltd., Jagtial, Telangana (the bank) for contravention of / non-compliance with provisions of Section 9 read with Section 56 Banking Regulation Act, 1949 (the Act) and certain provisions of the directions issued by RBI contained in the Master Circular on Exposure Norms and Statutory / Other Restrictio
ଜାନୁଆରୀ 10, 2022
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 35 A 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 extended up to January 10, 2022. These directions shall continue to apply to the bank for a further period of two months from J
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 35 A 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 extended up to January 10, 2022. These directions shall continue to apply to the bank for a further period of two months from J
ଜାନୁଆରୀ 08, 2022
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - The Mudhol Co-operative Bank Limited, Dist- Bagalkot, Karnataka - Extension of period
The Reserve Bank of India issued All Inclusive Directions to The Mudhol Co-operative Bank Limited, Dist.- Bagalkot, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DCBS.CO.BSD III.D-11/12.23.094/2018-19 dated April 02, 2019, as modified from time to time, which were last extended up to January 07, 2022 vide Directive DOR.MON.No.D-22/12.23.094/2020-21 dated July 05, 2021. 2. The Reserve Bank of India is satisfied that
The Reserve Bank of India issued All Inclusive Directions to The Mudhol Co-operative Bank Limited, Dist.- Bagalkot, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DCBS.CO.BSD III.D-11/12.23.094/2018-19 dated April 02, 2019, as modified from time to time, which were last extended up to January 07, 2022 vide Directive DOR.MON.No.D-22/12.23.094/2020-21 dated July 05, 2021. 2. The Reserve Bank of India is satisfied that
ଡିସେମ୍ବର 31, 2021
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Sarjeraodada Naik Shirala Sahakari Bank Ltd, Shirala, Dist. Sangli, Maharashtra - Extension of Period
The Reserve Bank of India vide directive DOS.CO.UCBs-West/D-1/12.07.157/2020-21 dated February 03, 2021 had placed Sarjeraodada Naik Shirala Sahakari Bank Ltd, Shirala, Dist. Sangli, Maharashtra under Directions from the close of business on February 03, 2021 for a period of six months. The validity of the directions was last extended up to January 03, 2022 vide our Directive DOR.MON/D-45/12.07.157/2021-22 dated November 03, 2021. 2. It is hereby notified for the info
The Reserve Bank of India vide directive DOS.CO.UCBs-West/D-1/12.07.157/2020-21 dated February 03, 2021 had placed Sarjeraodada Naik Shirala Sahakari Bank Ltd, Shirala, Dist. Sangli, Maharashtra under Directions from the close of business on February 03, 2021 for a period of six months. The validity of the directions was last extended up to January 03, 2022 vide our Directive DOR.MON/D-45/12.07.157/2021-22 dated November 03, 2021. 2. It is hereby notified for the info
ଡିସେମ୍ବର 28, 2021
Directions under Section 35-A of the Banking Regulation Act, 1949 (AACS) - Punjab and Maharashtra Cooperative Bank Limited, Mumbai, Maharashtra - extension of validity period of Directions
Punjab and Maharashtra Cooperative (PMC) Bank Limited, Mumbai, Maharashtra, a Multi-State Urban Cooperative Bank was placed under All-Inclusive Directions under Sub-section (1) of Section 35-A read with Section 56 of the Banking Regulation Act, 1949 with effect from close of business on September 23, 2019 vide Directive DCBS.CO.BSD-I/D-1/12.22.183/2019-20 dated September 23, 2019, in the interest of depositor protection. The directions were last extended vide Directiv
Punjab and Maharashtra Cooperative (PMC) Bank Limited, Mumbai, Maharashtra, a Multi-State Urban Cooperative Bank was placed under All-Inclusive Directions under Sub-section (1) of Section 35-A read with Section 56 of the Banking Regulation Act, 1949 with effect from close of business on September 23, 2019 vide Directive DCBS.CO.BSD-I/D-1/12.22.183/2019-20 dated September 23, 2019, in the interest of depositor protection. The directions were last extended vide Directiv
ଡିସେମ୍ବର 17, 2021
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949, (AACS) - Padmashri Dr. Vitthalrao 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. Vitthalrao Vikhe Patil Co-Op. 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 December 17, 2021. These directions shal
The Reserve Bank of India, in the public interest, had issued directions to the Padmashri Dr. Vitthalrao Vikhe Patil Co-Op. 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 December 17, 2021. These directions shal
ଡିସେମ୍ବର 16, 2021
Directions under Section 35 A 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 December 16, 2021. The Reserve Bank of India has
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 December 16, 2021. The Reserve Bank of India has
ଡିସେମ୍ବର 11, 2021
Extension of validity of Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS)- People’s Co-operative Bank Limited, Kanpur (U.P)
The Reserve Bank of India (RBI) has extended the directions issued to the People’s Co-operative Bank Limited, Kanpur (U.P) for a further period of three (03) months from December 11, 2021 to March 10, 2022, subject to review. The bank has been under direction since June 10, 2020 vide directive order DoS.CO.UCBs-North/D-1/12.28.059/2019-20 dated June 09, 2020 issued under section 35 A of the Banking Regulation Act, 1949 (AACS). The validity of the directive, which was
The Reserve Bank of India (RBI) has extended the directions issued to the People’s Co-operative Bank Limited, Kanpur (U.P) for a further period of three (03) months from December 11, 2021 to March 10, 2022, subject to review. The bank has been under direction since June 10, 2020 vide directive order DoS.CO.UCBs-North/D-1/12.28.059/2019-20 dated June 09, 2020 issued under section 35 A of the Banking Regulation Act, 1949 (AACS). The validity of the directive, which was
ଡିସେମ୍ବର 10, 2021
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 September 07, 2021 for three months up to December 09, 2021, subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exerci
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 September 07, 2021 for three months up to December 09, 2021, subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exerci
ଡିସେମ୍ବର 09, 2021
Directions under Section 35 A read with Section 56 of the Banking Regulation 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 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 December 09, 2021 vide the directive DOR.MON/D-33/12.26.004/2021-22 dated September 07
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 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 December 09, 2021 vide the directive DOR.MON/D-33/12.26.004/2021-22 dated September 07
ଡିସେମ୍ବର 06, 2021
Directions under Section 35 A read with section 56 of the Banking Regulation Act (As Applicable to Co-operative Societies), 1949 - Nagar Urban Co-operative Bank Ltd., Ahmednagar, Maharashtra
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 read with Section 56 of the Banking Regulation Act (AACS), 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. DoS.CO.SUCBs-West/S2399/12.22.159/2021-22 dated December 06, 2021, has issued certain Directions to Nagar Urban Co-operative Bank Ltd., Ahmednagar, whereby, as from the close of business on December 06, 2021, the bank sha
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 read with Section 56 of the Banking Regulation Act (AACS), 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. DoS.CO.SUCBs-West/S2399/12.22.159/2021-22 dated December 06, 2021, has issued certain Directions to Nagar Urban Co-operative Bank Ltd., Ahmednagar, whereby, as from the close of business on December 06, 2021, the bank sha
ପେଜ୍ ଅନ୍ତିମ ଅପଡେଟ୍ ହୋଇଛି: ଡିସେମ୍ବର 03, 2024