Press Releases - Regulating Co-operative Banking - ਆਰਬੀਆਈ - Reserve Bank of India
ਪ੍ਰੈਸ ਰਿਲੀਜ਼
ਫ਼ਰ 05, 2008
Reserve Bank Cancels the Licence of Shree Janata Sahakara Bank Ltd., Radhanpur (Gujarat)
In view of the fact that Shree Janata Sahakara Bank Ltd., Radhanpur (Gujarat) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on January 31, 2008. The Registrar of Co-operative Societies, Gujarat has also been req
In view of the fact that Shree Janata Sahakara Bank Ltd., Radhanpur (Gujarat) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on January 31, 2008. The Registrar of Co-operative Societies, Gujarat has also been req
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ਜਨ 31, 2008
Reserve Bank Cancels the Licence of the
Maratha Co-operative Bank Ltd., Hubli, Karnataka
Maratha Co-operative Bank Ltd., Hubli, Karnataka
In view of the fact that The Maratha Co-operative Bank Ltd., Hubli, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on January 29, 2008. The Registrar of Co-operative Societies, Karnataka has also bee
In view of the fact that The Maratha Co-operative Bank Ltd., Hubli, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on January 29, 2008. The Registrar of Co-operative Societies, Karnataka has also bee
ਜਨ 02, 2008
Reserve Bank Cancels the Licence of The Ravi Co-operative Bank Ltd., Kolhapur,Maharashtra
In view of the fact that The Ravi Co-operative Bank Ltd., Kolhapur, 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 delivered the order canceling its licence to the bank after the close of business on December 27, 2007. The Registrar of Co-operative Societies, Maharashtra has also been requ
In view of the fact that The Ravi Co-operative Bank Ltd., Kolhapur, 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 delivered the order canceling its licence to the bank after the close of business on December 27, 2007. The Registrar of Co-operative Societies, Maharashtra has also been requ
ਦਸੰ 31, 2007
Reserve Bank Cancels the Licence of the Dakor Mahila Nagarik Sahakari Bank Ltd., Dakor (Gujarat)
In view of the fact that the Dakor Mahila Nagarik Sahakari Bank Ltd., Dakor Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank on December 29,2007. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for wind
In view of the fact that the Dakor Mahila Nagarik Sahakari Bank Ltd., Dakor Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank on December 29,2007. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for wind
ਦਸੰ 28, 2007
Reserve Bank Cancels the Licence of the Talod Janata Sahakara Bank Ltd., Talod (Gujarat)
In view of the fact that The Talod Janata Sahakara Bank Ltd, Talod (Gujarat) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on December 27, 2007. The Registrar of Co-operative Societies, Gujarat has also been req
In view of the fact that The Talod Janata Sahakara Bank Ltd, Talod (Gujarat) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on December 27, 2007. The Registrar of Co-operative Societies, Gujarat has also been req
ਦਸੰ 11, 2007
Shri Parola Urban Co-operative Bank Ltd.,Jalgaon, Maharashtra - Penalised
The Reserve Bank of India has imposed a monetary penalty of Rs.1.00 lakh (Rupees one lakh only) on Shri Parola Urban Co-operative Bank Ltd., Jalgaon, Maharashtra for violation of Reserve Bank of India's directive on credit exposure limits for individual/group borrowers and loans and advances to directors and their relatives respectively. The penalty was imposed in exercise of powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the
The Reserve Bank of India has imposed a monetary penalty of Rs.1.00 lakh (Rupees one lakh only) on Shri Parola Urban Co-operative Bank Ltd., Jalgaon, Maharashtra for violation of Reserve Bank of India's directive on credit exposure limits for individual/group borrowers and loans and advances to directors and their relatives respectively. The penalty was imposed in exercise of powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the
ਨਵੰ 07, 2007
Reserve Bank Cancels the Licence of The Hirekerur Urban Co-operative Bank Ltd, Hirekerur (Karnataka)
In view of the fact that The Hirekerur Urban Co-operative Bank Ltd., Hirekerur, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on November 07, 2007. The Registrar of Co-operative Societies, Karnataka
In view of the fact that The Hirekerur Urban Co-operative Bank Ltd., Hirekerur, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on November 07, 2007. The Registrar of Co-operative Societies, Karnataka
ਅਕਤੂ 30, 2007
Reserve Bank Cancels the Licence of The Urban Co-operative Bank Ltd.,
Siddapur, Dist. Uttara Kannada (Karnataka)
Siddapur, Dist. Uttara Kannada (Karnataka)
In view of the fact that The Urban Co-operative Bank Ltd., Siddapur, Dist. Uttara Kannada (Karnataka), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank on October 27, 2007. The Commissioner for Co-operation and Registrar of Co-operative Societies, Karna
In view of the fact that The Urban Co-operative Bank Ltd., Siddapur, Dist. Uttara Kannada (Karnataka), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank on October 27, 2007. The Commissioner for Co-operation and Registrar of Co-operative Societies, Karna
ਅਕਤੂ 08, 2007
Reserve Bank Cancels the Licence of the Indira Priyadarshini Mahila Nagrik Sahakari Bank Mydt., Chhattisgarh State
In view of the fact that the Indira Priyadarshini Mahila Nagrik Sahakari Bank Mydt., Chhattisgarh State, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Madhya Pradesh had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on October 3, 2007. The Registrar of Co-operative Societies,
In view of the fact that the Indira Priyadarshini Mahila Nagrik Sahakari Bank Mydt., Chhattisgarh State, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Madhya Pradesh had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on October 3, 2007. The Registrar of Co-operative Societies,
ਸਤੰ 18, 2007
Indira Sahakari Bank Ltd., Dhule, Maharastra - Penalised
The Reserve Bank of India has imposed a monetary penalty of Rs. 5.00 lakh (Rs. five lakh only) on the Indira Sahakari bank Ltd., Dhule, Maharastra for violation of Reserve bank of India's directive on credit exposure limits for individual/ group borrower. The penalty was imposed in exercise of 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). The Reserv
The Reserve Bank of India has imposed a monetary penalty of Rs. 5.00 lakh (Rs. five lakh only) on the Indira Sahakari bank Ltd., Dhule, Maharastra for violation of Reserve bank of India's directive on credit exposure limits for individual/ group borrower. The penalty was imposed in exercise of 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). The Reserv
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