ਪ੍ਰੈਸ ਰਿਲੀਜ਼ - ਆਰਬੀਆਈ - Reserve Bank of India
ਪ੍ਰੈਸ ਰਿਲੀਜ਼
ਸਤੰ 06, 2016
RBI extend Directions to The Vaish Co-operative Commercial Bank Ltd., New Delhi till March 08, 2017
The Reserve Bank of India, in exercise of powers vested in it under sub-section (1) and (2) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), hereby directs that the Directives dated August 28, 2015 issued to The Vaish Co-operative Commercial Bank Ltd., New Delhi, as modified on February 25, 2016, the validity of which was last extended up to September 08, 2016, shall continue to apply to the bank for a further period of six
The Reserve Bank of India, in exercise of powers vested in it under sub-section (1) and (2) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), hereby directs that the Directives dated August 28, 2015 issued to The Vaish Co-operative Commercial Bank Ltd., New Delhi, as modified on February 25, 2016, the validity of which was last extended up to September 08, 2016, shall continue to apply to the bank for a further period of six
ਸਤੰ 05, 2016
ਡਾੱ. ਉਰਜੀਤ ਆਰ. ਪਟੇਲ ਨੇ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦੇ ਗਵਰਨਰ ਦਾ ਅਹੁਦਾ ਸੰਭਾਲਿਆ
05 ਸਿਤੰਬਰ, 2016 ਡਾੱ. ਉਰਜੀਤ ਆਰ. ਪਟੇਲ ਨੇ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦੇ ਗਵਰਨਰ ਦਾ ਅਹੁਦਾ ਸੰਭਾਲਿਆ ਜਨਵਰੀ 2013 ਦੇ ਬਾਅਦ ਤੋਂ ਡਿਪਟੀ ਗਵਰਨਰ ਦੇ ਤੌਰ ਤੇ ਸੇਵਾ ਕਰ ਰਹੇ ਡਾੱ. ਉਰਜੀਤ ਆਰ. ਪਟੇਲ ਨੇ ਮਿਤੀ 04 ਸਤੰਬਰ 2016 ਤੋਂ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦੇ ਚੌਬੀਵੇਂ ਗਵਰਨਰ ਦੇ ਰੂਪ ਵਿੱਚ ਕਾਰਜ ਸੰਭਾਲ ਲਿਆ ਹੈ। ਆਪਣੇ ਦਫ਼ਤਰ ਦੇ ਪਹਿਲੇ ਤਿੰਨ ਸਾਲ ਦੀ ਮਿਆਦ ਪੂਰੀ ਹੋਣ ਦੇ ਬਾਅਦ 11 ਜਨਵਰੀ 2016 ਨੂੰ ਓਹਨਾਨੂੰ ਡਿਪਟੀ ਗਵਰਨਰ ਦੇ ਅਹੁਦੇ ਤੇ ਮੁੜ-ਨਿਯੁਕਤ ਕੀਤਾ ਗਿਆ ਸੀ । ਡਿਪਟੀ ਗਵਰਨਰ ਦੇ ਤੌਰ ਤੇ ਕੀਤੇ ਕਾਰਜਾਂ ਵਿੱਚ ਡਾੱ. ਪਟੇਲ ਨੇ ਮੁਦ੍ਰਾ ਨੀਤੀ ਦੇ ਢਾਂਚੇ ਦੇ ਸੋਧ ਅਤੇ ਉਸਨੂੰ ਮਜ਼
05 ਸਿਤੰਬਰ, 2016 ਡਾੱ. ਉਰਜੀਤ ਆਰ. ਪਟੇਲ ਨੇ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦੇ ਗਵਰਨਰ ਦਾ ਅਹੁਦਾ ਸੰਭਾਲਿਆ ਜਨਵਰੀ 2013 ਦੇ ਬਾਅਦ ਤੋਂ ਡਿਪਟੀ ਗਵਰਨਰ ਦੇ ਤੌਰ ਤੇ ਸੇਵਾ ਕਰ ਰਹੇ ਡਾੱ. ਉਰਜੀਤ ਆਰ. ਪਟੇਲ ਨੇ ਮਿਤੀ 04 ਸਤੰਬਰ 2016 ਤੋਂ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦੇ ਚੌਬੀਵੇਂ ਗਵਰਨਰ ਦੇ ਰੂਪ ਵਿੱਚ ਕਾਰਜ ਸੰਭਾਲ ਲਿਆ ਹੈ। ਆਪਣੇ ਦਫ਼ਤਰ ਦੇ ਪਹਿਲੇ ਤਿੰਨ ਸਾਲ ਦੀ ਮਿਆਦ ਪੂਰੀ ਹੋਣ ਦੇ ਬਾਅਦ 11 ਜਨਵਰੀ 2016 ਨੂੰ ਓਹਨਾਨੂੰ ਡਿਪਟੀ ਗਵਰਨਰ ਦੇ ਅਹੁਦੇ ਤੇ ਮੁੜ-ਨਿਯੁਕਤ ਕੀਤਾ ਗਿਆ ਸੀ । ਡਿਪਟੀ ਗਵਰਨਰ ਦੇ ਤੌਰ ਤੇ ਕੀਤੇ ਕਾਰਜਾਂ ਵਿੱਚ ਡਾੱ. ਪਟੇਲ ਨੇ ਮੁਦ੍ਰਾ ਨੀਤੀ ਦੇ ਢਾਂਚੇ ਦੇ ਸੋਧ ਅਤੇ ਉਸਨੂੰ ਮਜ਼
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ਅਗ 31, 2016
RBI issues Directions to Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad (Telangana)
The Reserve Bank of India is satisfied that in the interest of the public, it is necessary to issue certain directions to Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad. Accordingly, the Reserve Bank of India, in exercise of the 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 hereby directs that Sri Bharathi Co-operative
The Reserve Bank of India is satisfied that in the interest of the public, it is necessary to issue certain directions to Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad. Accordingly, the Reserve Bank of India, in exercise of the 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 hereby directs that Sri Bharathi Co-operative
ਅਗ 30, 2016
ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦਾ ਅੰਤਰ ਬੈਂਕ ਹਿੰਦੀ ਲੇਖ ਮੁਕਾਬਲਾ - 2016-17
ਅਗਸਤ 30, 2016 ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦਾ ਅੰਤਰ ਬੈਂਕ ਹਿੰਦੀ ਲੇਖ ਮੁਕਾਬਲਾ - 2016-17 ਬੈਂਕਿੰਗ ਦੇ ਵਿਸ਼ੇਆਂ ਉੱਤੇ ਹਿੰਦੀ ਭਾਸ਼ਾ ਦੀ ਮੂਲ ਰੂਪ ਦੀ ਲਿਖਾਈ ਦੇ ਉਦੇਸ਼ ਨਾਲ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਹਰ ਸਾਲ ਇੱਕ ਅੰਤਰ ਬੈਂਕ ਹਿੰਦੀ ਲੇਖ ਮੁਕਾਬਲੇ ਦਾ ਪ੍ਰਬੰਧ ਕਰਦਾ ਹੈ । ਸਾਰੇ ਅਫਸਰ ਅਤੇ ਸਟਾੱਫ ਮੈੰਬਰ (ਰਾਜਭਾਸ਼ਾ ਅਫਸਰਾਂ ਅਤੇ ਅਨੁਵਾਦਕਾਂ ਤੋਂ ਅਲਾਵਾ) ਇਸ ਮੁਕਾਬਲੇ ਵਿੱਚ ਭਾਗ ਲੈ ਸਕਦੇ ਹਨ । 2016-17 ਵਿੱਚ ਹੋਣ ਵਾਲੇ ਮੁਕਾਬਲੇ ਲਈ ਚੁਣੇ ਗਏ ਤਿੰਨ ਵਿਸ਼ੇ ਹੇਠਾਂ ਦਿੱਤੇ ਅਨੁਸਾਰ ਹਨ: 1 ਬੈਂਕਿੰਗ ਦੇ ਖੇਤਰ ਵਿੱਚ ਗਲੋਬਲ ਚੁਣੌਤੀਆਂ ਅਤੇ ਭਾਰਤ ਵਿੱਚ ਬੈਂਕਾਂ ਦਾ ਸਮੇਕਣ/ ਸ਼ਮੂਲੀਅਤ 2
ਅਗਸਤ 30, 2016 ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦਾ ਅੰਤਰ ਬੈਂਕ ਹਿੰਦੀ ਲੇਖ ਮੁਕਾਬਲਾ - 2016-17 ਬੈਂਕਿੰਗ ਦੇ ਵਿਸ਼ੇਆਂ ਉੱਤੇ ਹਿੰਦੀ ਭਾਸ਼ਾ ਦੀ ਮੂਲ ਰੂਪ ਦੀ ਲਿਖਾਈ ਦੇ ਉਦੇਸ਼ ਨਾਲ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਹਰ ਸਾਲ ਇੱਕ ਅੰਤਰ ਬੈਂਕ ਹਿੰਦੀ ਲੇਖ ਮੁਕਾਬਲੇ ਦਾ ਪ੍ਰਬੰਧ ਕਰਦਾ ਹੈ । ਸਾਰੇ ਅਫਸਰ ਅਤੇ ਸਟਾੱਫ ਮੈੰਬਰ (ਰਾਜਭਾਸ਼ਾ ਅਫਸਰਾਂ ਅਤੇ ਅਨੁਵਾਦਕਾਂ ਤੋਂ ਅਲਾਵਾ) ਇਸ ਮੁਕਾਬਲੇ ਵਿੱਚ ਭਾਗ ਲੈ ਸਕਦੇ ਹਨ । 2016-17 ਵਿੱਚ ਹੋਣ ਵਾਲੇ ਮੁਕਾਬਲੇ ਲਈ ਚੁਣੇ ਗਏ ਤਿੰਨ ਵਿਸ਼ੇ ਹੇਠਾਂ ਦਿੱਤੇ ਅਨੁਸਾਰ ਹਨ: 1 ਬੈਂਕਿੰਗ ਦੇ ਖੇਤਰ ਵਿੱਚ ਗਲੋਬਲ ਚੁਣੌਤੀਆਂ ਅਤੇ ਭਾਰਤ ਵਿੱਚ ਬੈਂਕਾਂ ਦਾ ਸਮੇਕਣ/ ਸ਼ਮੂਲੀਅਤ 2
ਅਗ 30, 2016
Fifth Tranche of Sovereign Gold Bonds to open on September 01, 2016
The Reserve Bank of India, in consultation with the Government of India, has decided to issue fifth tranche of Sovereign Gold Bonds. Applications for the bond will be accepted from September 01, 2016 to September 09, 2016. The Bonds will be issued on September 23, 2016. The Bonds will be sold through banks, Stock Holding Corporation of India Limited (SHCIL), designated post offices, and recognised stock exchanges viz., National Stock Exchange of India Limited and Bomb
The Reserve Bank of India, in consultation with the Government of India, has decided to issue fifth tranche of Sovereign Gold Bonds. Applications for the bond will be accepted from September 01, 2016 to September 09, 2016. The Bonds will be issued on September 23, 2016. The Bonds will be sold through banks, Stock Holding Corporation of India Limited (SHCIL), designated post offices, and recognised stock exchanges viz., National Stock Exchange of India Limited and Bomb
ਅਗ 30, 2016
Sovereign Gold Bonds Scheme, 2016 -17 - Series II - Issue Price
In terms of GoI notification F.No. 4(7)-W&M/2016 and RBI circular IDMD.CDD. No.462/14.04.050/2016-17 dated August 29, 2016, the Sovereign Gold Bond Scheme will be open for subscription for the period from September 01 to 09, 2016. The issue price of the Sovereign Gold Bond for this tranche has been fixed at ₹ 3150/- (Rupees Three Thousand One Hundred Fifty only) per gram of gold. The rate has been fixed on the basis of simple average of closing price for gold of 9
In terms of GoI notification F.No. 4(7)-W&M/2016 and RBI circular IDMD.CDD. No.462/14.04.050/2016-17 dated August 29, 2016, the Sovereign Gold Bond Scheme will be open for subscription for the period from September 01 to 09, 2016. The issue price of the Sovereign Gold Bond for this tranche has been fixed at ₹ 3150/- (Rupees Three Thousand One Hundred Fifty only) per gram of gold. The rate has been fixed on the basis of simple average of closing price for gold of 9
ਅਗ 30, 2016
Authorisation to operate as a Bharat Bill Payment Operating Unit (BBPOU)
The Reserve Bank of India advises that the applications received from banks and non-banks for authorisation to operate as a BBPOU have been processed and decisions on approval or grant of extension of time till December 31, 2016 for achievement of net worth or return of the application, as applicable, have been communicated to these entities. Non-bank entities whose applications were returned for want of one year domain experience at the time of applying, can seek ext
The Reserve Bank of India advises that the applications received from banks and non-banks for authorisation to operate as a BBPOU have been processed and decisions on approval or grant of extension of time till December 31, 2016 for achievement of net worth or return of the application, as applicable, have been communicated to these entities. Non-bank entities whose applications were returned for want of one year domain experience at the time of applying, can seek ext
ਅਗ 26, 2016
RBI’s College of Agricultural Banking announces Results of Case Writing Competition, 2016
The Reserve Bank of India’s College of Agricultural Banking, Pune announced the results of the Case Writing Competition, 2016. Position Name of the Participant Designation Bank First Ms. Mauli Sanjiv Bodiwala Manager The Kalupur Commercial Co-operative Bank Ltd. Second Mr. Vineet Kumar Jain Senior Manager Bank of Baroda Third Mr. Supriya Saha Assistant Manager Bangiya Gramin Vikash Bank The College had in February 2016, organised a Case Writing Competition on the topi
The Reserve Bank of India’s College of Agricultural Banking, Pune announced the results of the Case Writing Competition, 2016. Position Name of the Participant Designation Bank First Ms. Mauli Sanjiv Bodiwala Manager The Kalupur Commercial Co-operative Bank Ltd. Second Mr. Vineet Kumar Jain Senior Manager Bank of Baroda Third Mr. Supriya Saha Assistant Manager Bangiya Gramin Vikash Bank The College had in February 2016, organised a Case Writing Competition on the topi
ਅਗ 26, 2016
Tradability of Sovereign Gold Bonds, 2016
(Issued on February 8, 2016 and March 29, 2016) Sovereign Gold Bond Scheme, 2016; and Sovereign Gold Bond Scheme 2016 – Series II were announced by the Government of India vide notifications dated January 14, 2016 and March 04, 2016, respectively. In terms of Para 17 of the Scheme, it is notified that the Sovereign Gold Bonds (issued on February 8, 2016 and March 29, 2016, respectively) held in dematerialised form shall be eligible for trading on the stock exchanges r
(Issued on February 8, 2016 and March 29, 2016) Sovereign Gold Bond Scheme, 2016; and Sovereign Gold Bond Scheme 2016 – Series II were announced by the Government of India vide notifications dated January 14, 2016 and March 04, 2016, respectively. In terms of Para 17 of the Scheme, it is notified that the Sovereign Gold Bonds (issued on February 8, 2016 and March 29, 2016, respectively) held in dematerialised form shall be eligible for trading on the stock exchanges r
ਅਗ 25, 2016
ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਵਲੋਂ 2016 ਵਿੱਚ ਭਾਰਤੀ ਸਟੇਟ ਬੈਂਕ ਅਤੇ ਆਈਸੀਆਈਸੀਆਈ ਬੈਂਕ ਦੀ D-SIB ਦੇ ਤੌਰ ਤੇ ਪਹਿਚਾਣ
August 25, 2016 ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਵਲੋਂ 2016 ਵਿੱਚ ਭਾਰਤੀ ਸਟੇਟ ਬੈਂਕ ਅਤੇ ਆਈਸੀਆਈਸੀਆਈ ਬੈਂਕ ਦੀ D-SIB ਦੇ ਤੌਰ ਤੇ ਪਹਿਚਾਣ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਵਲੋਂ 2016 ਵਿੱਚ ਭਾਰਤੀ ਸਟੇਟ ਬੈਂਕ ਅਤੇ ਆਈਸੀਆਈਸੀਆਈ ਬੈਂਕ ਦੀ ਘਰੇਲੂ ਸਿਸਟੇਮਿਕਲੀ ਮਹੱਤਵਪੂਰਨ ਬੈਂਕਾਂ (D-SIBs) ਦੇ ਤੌਰ ਤੇ ਪਹਿਚਾਣ ਕੀਤੀ ਗਈ ਹੈ ਅਤੇ ਇਹਨਾਂ ਬੈਂਕਾਂ ਦੀ ਬੱਕਟਿੰਗ ਬਣਤਰ, ਜੋ ਪਿਛਲੇ ਸਾਲ ਸੀ, ਉਸਨੂੰ ਬਰਕਰਾਰ ਰੱਖਿਆ ਗਿਆ ਹੈ। ਵਾਧੂ ਆਮ ਇਕੁਇਟੀ (ਪੜਾਅ 1) ਦੀ ਜ਼ਰੂਰਤ, ਜੋ ਇਹਨਾਂ ਬੈਂਕਾਂ ਨੂੰ ਪੂਰੀ ਕਰਨੀ ਹੋਵੇਗੀ, ਉਹ 1 ਅਪ੍ਰੈਲ, 2016 ਤੋਂ ਲਾਗੂ ਕਰ ਦਿੱਤੀ ਗਈ ਹੈ ਅਤੇ 1 ਅਪ੍ਰੈਲ, 2019 ਤੱਕ ਪੂਰੀ
August 25, 2016 ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਵਲੋਂ 2016 ਵਿੱਚ ਭਾਰਤੀ ਸਟੇਟ ਬੈਂਕ ਅਤੇ ਆਈਸੀਆਈਸੀਆਈ ਬੈਂਕ ਦੀ D-SIB ਦੇ ਤੌਰ ਤੇ ਪਹਿਚਾਣ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਵਲੋਂ 2016 ਵਿੱਚ ਭਾਰਤੀ ਸਟੇਟ ਬੈਂਕ ਅਤੇ ਆਈਸੀਆਈਸੀਆਈ ਬੈਂਕ ਦੀ ਘਰੇਲੂ ਸਿਸਟੇਮਿਕਲੀ ਮਹੱਤਵਪੂਰਨ ਬੈਂਕਾਂ (D-SIBs) ਦੇ ਤੌਰ ਤੇ ਪਹਿਚਾਣ ਕੀਤੀ ਗਈ ਹੈ ਅਤੇ ਇਹਨਾਂ ਬੈਂਕਾਂ ਦੀ ਬੱਕਟਿੰਗ ਬਣਤਰ, ਜੋ ਪਿਛਲੇ ਸਾਲ ਸੀ, ਉਸਨੂੰ ਬਰਕਰਾਰ ਰੱਖਿਆ ਗਿਆ ਹੈ। ਵਾਧੂ ਆਮ ਇਕੁਇਟੀ (ਪੜਾਅ 1) ਦੀ ਜ਼ਰੂਰਤ, ਜੋ ਇਹਨਾਂ ਬੈਂਕਾਂ ਨੂੰ ਪੂਰੀ ਕਰਨੀ ਹੋਵੇਗੀ, ਉਹ 1 ਅਪ੍ਰੈਲ, 2016 ਤੋਂ ਲਾਗੂ ਕਰ ਦਿੱਤੀ ਗਈ ਹੈ ਅਤੇ 1 ਅਪ੍ਰੈਲ, 2019 ਤੱਕ ਪੂਰੀ
ਅਗ 25, 2016
RBI issues Master Directions for Non-Banking Financial Companies
The Reserve Bank of India today issued Master Directions on six subjects relating to Non-Banking Financial Companies (NBFCs) under its regulation. These directions consolidate/reorganise instructions issued in various Circulars/Directions/ Notifications/Master Circulars. The six Master Directions replace instructions contained in existing Master Circulars. The subjects on which Master Directions have been issued are: Exemptions from the provisions of RBI Act, 1934, vi
The Reserve Bank of India today issued Master Directions on six subjects relating to Non-Banking Financial Companies (NBFCs) under its regulation. These directions consolidate/reorganise instructions issued in various Circulars/Directions/ Notifications/Master Circulars. The six Master Directions replace instructions contained in existing Master Circulars. The subjects on which Master Directions have been issued are: Exemptions from the provisions of RBI Act, 1934, vi
ਅਗ 24, 2016
RBI extends Directions issued to Rupee Co-operative Bank Ltd., Pune till February 21, 2017
The Reserve Bank of India vide directive dated August 18, 2016 has extended directions issued to Rupee Co-operative Bank Ltd., Pune, Maharashtra for a further period of six months from August 22, 2016 to February 21, 2017 subject to review. The directions were originally imposed from February 22, 2013 to August 21, 2013 and were extended on five occasions for a period of six months each and twice for a period of three months each. The last extension was for a period o
The Reserve Bank of India vide directive dated August 18, 2016 has extended directions issued to Rupee Co-operative Bank Ltd., Pune, Maharashtra for a further period of six months from August 22, 2016 to February 21, 2017 subject to review. The directions were originally imposed from February 22, 2013 to August 21, 2013 and were extended on five occasions for a period of six months each and twice for a period of three months each. The last extension was for a period o
ਅਗ 16, 2016
RBI issues Directions to The R.S. Co-op. Bank Ltd., Mumbai, Maharashtra- Relaxation in payment of deposit
The Reserve Bank of India notified that The R.S. Co-op. Bank Ltd., Mumbai, Maharashtra, was placed under directions for a period of six months vide directive dated June 24, 2015. The validity of the directions was extended for a further period of six months and three months each vide directives dated December 21, 2015 and June 22, 2016 respectively and the same is valid upto September 25, 2016. In terms of the existing directions, among other conditions, a sum not exc
The Reserve Bank of India notified that The R.S. Co-op. Bank Ltd., Mumbai, Maharashtra, was placed under directions for a period of six months vide directive dated June 24, 2015. The validity of the directions was extended for a further period of six months and three months each vide directives dated December 21, 2015 and June 22, 2016 respectively and the same is valid upto September 25, 2016. In terms of the existing directions, among other conditions, a sum not exc
ਅਗ 16, 2016
RBI Imposes Monetary Penalty on The Cooperative City Bank Ltd., Guwahati
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five lakh only) on The Cooperative City Bank Ltd., Guwahati. In exercise of the powers vested in it under the provisions of Section 47A (1) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies), for violation of the provisions of para 4 (i) of circular UBD.DS.PCB.No.17/13.01.00/2002-03 dated September 18, 2002 on Guidelines on Know Your Custom
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five lakh only) on The Cooperative City Bank Ltd., Guwahati. In exercise of the powers vested in it under the provisions of Section 47A (1) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies), for violation of the provisions of para 4 (i) of circular UBD.DS.PCB.No.17/13.01.00/2002-03 dated September 18, 2002 on Guidelines on Know Your Custom
ਅਗ 16, 2016
RBI imposes penalty on Shri Dadasaheb Gajmal Co-operative Bank Ltd., Pachora, Dist : Jalgaon
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees One Lakh only) on Shri Dadasaheb Gajmal Co-operative Bank Ltd., Pachora, Dist : Jalgaon 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 instructions / guidelines of the Reserve Bank of India relating to creation of floating charge on i
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees One Lakh only) on Shri Dadasaheb Gajmal Co-operative Bank Ltd., Pachora, Dist : Jalgaon 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 instructions / guidelines of the Reserve Bank of India relating to creation of floating charge on i
ਅਗ 16, 2016
RBI imposes penalty on Indapur Urban Co-operative Bank Ltd., Indapur, Dist : Pune
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees Two Lakhs only) on Indapur Urban Co-operative Bank Ltd., Indapur, Dist : Pune 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 violations of the instructions / guidelines of the Reserve Bank of India relating to credit exposure norms on loans and advanc
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees Two Lakhs only) on Indapur Urban Co-operative Bank Ltd., Indapur, Dist : Pune 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 violations of the instructions / guidelines of the Reserve Bank of India relating to credit exposure norms on loans and advanc
ਅਗ 16, 2016
RBI imposes penalty on Model Co-operative Urban Bank Ltd., Hyderabad, Telangana
The Reserve Bank of India has imposed monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on The Model 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 the Reserve Bank of India directives and guidelines on loans and advances to directors and their relatives. The R
The Reserve Bank of India has imposed monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on The Model 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 the Reserve Bank of India directives and guidelines on loans and advances to directors and their relatives. The R
ਅਗ 10, 2016
Cancellation of licence to carry on banking business in India and conversion of Urban Co-operative Bank into a Co-operative Society under Sections 22 and 36 (A) (2) of the Banking Regulation Act, 1949 (AACS) – Shri Yugprabhav Sahakari Bank Ltd., Vadodara (Gujarat)
It is hereby notified for information of the public that the Reserve Bank of India has cancelled the licence of Shri Yugprabhav Sahakari Bank Ltd., Vadodara (Gujarat) vide order dated June 29, 2016. In view of the unsatisfactory financials and compliance record, the bank was advised to go out of purview of the B R Act, 1949 (AACS) and convert into a Co-operative Society. The bank has fulfilled all the conditions stipulated in Section 36(A)(2) of the Act ibid to allow
It is hereby notified for information of the public that the Reserve Bank of India has cancelled the licence of Shri Yugprabhav Sahakari Bank Ltd., Vadodara (Gujarat) vide order dated June 29, 2016. In view of the unsatisfactory financials and compliance record, the bank was advised to go out of purview of the B R Act, 1949 (AACS) and convert into a Co-operative Society. The bank has fulfilled all the conditions stipulated in Section 36(A)(2) of the Act ibid to allow
ਅਗ 05, 2016
RBI cancels the Licence of the Jijamata Mahila Sahakari Bank Ltd., Satara, Maharashtra
The Reserve Bank of India (RBI) has, vide order dated June 30, 2016 cancelled the licence of Jijamata Mahila Sahakari Bank Ltd., Satara, Maharashtra to carry on banking business. The order was made effective from the close of business on July 4, 2016. The Registrar of Co-operative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Bank cancelled the licence of the bank as: The ban
The Reserve Bank of India (RBI) has, vide order dated June 30, 2016 cancelled the licence of Jijamata Mahila Sahakari Bank Ltd., Satara, Maharashtra to carry on banking business. The order was made effective from the close of business on July 4, 2016. The Registrar of Co-operative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Bank cancelled the licence of the bank as: The ban
ਅਗ 05, 2016
RBI cancels the Licence of the Pioneer Urban Co-operative Bank Ltd., Lucknow, Uttar Pradesh
The Reserve Bank of India (RBI) has, vide order dated July 15, 2016 cancelled the licence of Pioneer Urban Co-operative Bank Ltd., Lucknow, Uttar Pradesh to carry on banking business. The order was made effective from the close of business on July 25, 2016. The Registrar of Co-operative Societies Uttar Pradesh has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Bank cancelled the licence of the bank as:
The Reserve Bank of India (RBI) has, vide order dated July 15, 2016 cancelled the licence of Pioneer Urban Co-operative Bank Ltd., Lucknow, Uttar Pradesh to carry on banking business. The order was made effective from the close of business on July 25, 2016. The Registrar of Co-operative Societies Uttar Pradesh has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Bank cancelled the licence of the bank as:
ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਮੋਬਾਈਲ ਐਪਲੀਕੇਸ਼ਨ ਇੰਸਟਾਲ ਕਰੋ ਅਤੇ ਨਵੀਨਤਮ ਖਬਰਾਂ ਤੱਕ ਤੇਜ਼ ਐਕਸੈਸ ਪ੍ਰਾਪਤ ਕਰੋ!
ਪੇਜ ਅੰਤਿਮ ਅੱਪਡੇਟ ਦੀ ਤਾਰੀਖ: ਜਨਵਰੀ 23, 2025
