Press Releases - Regulating Co-operative Banking - ਆਰਬੀਆਈ - Reserve Bank of India
ਪ੍ਰੈਸ ਰਿਲੀਜ਼
ਸਤੰ 06, 2023
Directions under Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Sumerpur Mercantile Urban Co-operative Bank Limited, Sumerpur, Rajasthan - Extension of Validity
Sumerpur Mercantile Urban Co-operative Bank Limited, Sumerpur, Rajasthan was placed under All-Inclusive Directions from close of business on December 06, 2022 for a period of six months, subject to review, vide Directive dated December 05, 2022. The validity of the directions was last extended vide Directive dated June 06, 2023 for three months up to September 06, 2023, subject to review.
Sumerpur Mercantile Urban Co-operative Bank Limited, Sumerpur, Rajasthan was placed under All-Inclusive Directions from close of business on December 06, 2022 for a period of six months, subject to review, vide Directive dated December 05, 2022. The validity of the directions was last extended vide Directive dated June 06, 2023 for three months up to September 06, 2023, subject to review.
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ਸਤੰ 01, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 –The Faiz Mercantile Cooperative Bank Ltd., Nashik– Extension of Period
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Faiz Mercantile Cooperative Bank Ltd., Nashik vide Directive NGP.DOS.SSM 4.No.S1412/15-03-552/2022-2023 dated March 2, 2023, for a period of six months up to September 3, 2023. The Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of the Directive beyond September 3, 2023.
2. Accordingly, the Reserve Bank of India, in exercise of the powers vested in it under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949, hereby extends the Directive for a further period of three months from September 4, 2023 to December 3, 2023, subject to review.
3. All other terms and conditions of the Directives under reference shall remain unchanged.
(Yogesh Dayal)
Chief General Manager
Press Release: 2023-2024/857
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Faiz Mercantile Cooperative Bank Ltd., Nashik vide Directive NGP.DOS.SSM 4.No.S1412/15-03-552/2022-2023 dated March 2, 2023, for a period of six months up to September 3, 2023. The Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of the Directive beyond September 3, 2023.
2. Accordingly, the Reserve Bank of India, in exercise of the powers vested in it under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949, hereby extends the Directive for a further period of three months from September 4, 2023 to December 3, 2023, subject to review.
3. All other terms and conditions of the Directives under reference shall remain unchanged.
(Yogesh Dayal)
Chief General Manager
Press Release: 2023-2024/857
ਅਗ 31, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Shree Mahalaxmi Mercantile Co-operative Bank Ltd., Dabhoi (Gujarat)
The Reserve Bank of India issued Directions to Shree Mahalaxmi Mercantile Co-operative Bank Ltd., Dabhoi (Gujarat), under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS), vide Directive AMD.DOS.SSM.No.S1561/11-03-203/2022-2023 dated March 02, 2023, for a period of six months up to September 03, 2023. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Direct
The Reserve Bank of India issued Directions to Shree Mahalaxmi Mercantile Co-operative Bank Ltd., Dabhoi (Gujarat), under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS), vide Directive AMD.DOS.SSM.No.S1561/11-03-203/2022-2023 dated March 02, 2023, for a period of six months up to September 03, 2023. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Direct
ਅਗ 31, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Musiri Urban Co-operative Bank Limited, Musiri – Extension of Period
The Reserve Bank of India issued Directions to Musiri Urban Co-operative Bank Limited, Musiri under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive No. CHN.DoS.UCBs.No.S1135/12-01-849/2022-23 dated March 02, 2023, for a period of six months up to September 02, 2023. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond September 02, 20
The Reserve Bank of India issued Directions to Musiri Urban Co-operative Bank Limited, Musiri under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive No. CHN.DoS.UCBs.No.S1135/12-01-849/2022-23 dated March 02, 2023, for a period of six months up to September 02, 2023. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond September 02, 20
ਅਗ 30, 2023
Extension of validity of Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Application to Co-operative Societies) - Banaras Merchantile Co-operative Bank Ltd., Varanasi (U.P)
The Reserve Bank of India, vide Directive LKO.DOS.SED.No.S850/10-03-030/2022-2023 dated March 02, 2023, issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), had placed the Banaras Merchantile Co-operative Bank Ltd., Varanasi (U.P) under Directions from the close of business on March 03, 2023. The validity of the Directions was up to September 03, 2023. 2. It is hereby notified for the information
The Reserve Bank of India, vide Directive LKO.DOS.SED.No.S850/10-03-030/2022-2023 dated March 02, 2023, issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), had placed the Banaras Merchantile Co-operative Bank Ltd., Varanasi (U.P) under Directions from the close of business on March 03, 2023. The validity of the Directions was up to September 03, 2023. 2. It is hereby notified for the information
ਅਗ 29, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Purvanchal Co-operative Bank Limited, Ghazipur
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. LKO.DoS.SED.No.S-381/10.12.359/2023-24 dated August 28, 2023, has issued certain Directions to Purvanchal Co-operative Bank Limited, Ghazipur, whereby, as from the close of business on August
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. LKO.DoS.SED.No.S-381/10.12.359/2023-24 dated August 28, 2023, has issued certain Directions to Purvanchal Co-operative Bank Limited, Ghazipur, whereby, as from the close of business on August
ਅਗ 29, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Ajantha Urban Co-operative Bank Maryadit, Aurangabad
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. NGP.DoS.SSM 3.No.S675/15.03.302/2023-2024 dated August 28, 2023, has issued certain Directions to Ajantha Urban Co-operative Bank Maryadit, Aurangabad, whereby, as from the close of business
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. NGP.DoS.SSM 3.No.S675/15.03.302/2023-2024 dated August 28, 2023, has issued certain Directions to Ajantha Urban Co-operative Bank Maryadit, Aurangabad, whereby, as from the close of business
ਅਗ 25, 2023
RBI approves the voluntary amalgamation of Akola Merchant Co-operative Bank Ltd., Akola (Maharashtra) with The Jalgaon Peoples Co-operative Bank Ltd., Jalgaon (Maharashtra)
The Reserve Bank of India has sanctioned the Scheme of Amalgamation of Akola Merchant Co-operative Bank Ltd., Akola, Maharashtra with The Jalgaon Peoples Co-operative Bank Ltd., Jalgaon, Maharashtra. The Scheme has been sanctioned in exercise of the powers conferred under Sub-Section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949. The Scheme will come into force with effect from August 28, 2023. The branches of Akola Merchant Co-operative
The Reserve Bank of India has sanctioned the Scheme of Amalgamation of Akola Merchant Co-operative Bank Ltd., Akola, Maharashtra with The Jalgaon Peoples Co-operative Bank Ltd., Jalgaon, Maharashtra. The Scheme has been sanctioned in exercise of the powers conferred under Sub-Section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949. The Scheme will come into force with effect from August 28, 2023. The branches of Akola Merchant Co-operative
ਅਗ 24, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Adarsh Mahila Nagari Sahakari Bank Maryadit, Aurangabad, Maharashtra – Extension of Period
The Reserve Bank of India issued Directions to Adarsh Mahila Nagari Sahakari Bank Maryadit, Aurangabad, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive NGP.DOS.SSM 3.No.S1391/15-04-301/2022-23 dated February 23, 2023, for a period of six months up to August 24, 2023. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyo
The Reserve Bank of India issued Directions to Adarsh Mahila Nagari Sahakari Bank Maryadit, Aurangabad, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive NGP.DOS.SSM 3.No.S1391/15-04-301/2022-23 dated February 23, 2023, for a period of six months up to August 24, 2023. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyo
ਅਗ 23, 2023
Directions under Section 35A read with Section 56 of the BR Act 1949 (AACS) - Thodupuzha Urban Co-operative Bank Ltd, Kerala - Extension of period
The Reserve Bank of India issued Directions to Thodupuzha Urban Co-operative Urban Bank Ltd, Kerala under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS), vide Directive No. CO.DOS.SED.No.S3361/12.07.005/2022-23 dated August 23, 2022, from close of business on August 23, 2022, for a period of six months, which were extended from time to time, last being up to August 23, 2023, vide Directive No. DOR.MON.D-25/12.16.051/2023-24 dated May 23, 2
The Reserve Bank of India issued Directions to Thodupuzha Urban Co-operative Urban Bank Ltd, Kerala under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS), vide Directive No. CO.DOS.SED.No.S3361/12.07.005/2022-23 dated August 23, 2022, from close of business on August 23, 2022, for a period of six months, which were extended from time to time, last being up to August 23, 2023, vide Directive No. DOR.MON.D-25/12.16.051/2023-24 dated May 23, 2
ਅਗ 22, 2023
RBI approves the voluntary amalgamation of Twin Cities Co-operative Urban Bank Ltd., Hyderabad (Telangana) with Kranti Co-operative Urban Bank Ltd., Hyderabad (Telangana)
The Reserve Bank of India has sanctioned the Scheme of Amalgamation of Twin Cities Co-operative Urban Bank Ltd., Hyderabad, Telangana with Kranti Co-operative Urban Bank Ltd., Hyderabad, Telangana. The Scheme has been sanctioned in exercise of the powers conferred under Sub-Section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949. The Scheme will come into force with effect from August 23, 2023. The branch of Twin Cities Co-operative Urban B
The Reserve Bank of India has sanctioned the Scheme of Amalgamation of Twin Cities Co-operative Urban Bank Ltd., Hyderabad, Telangana with Kranti Co-operative Urban Bank Ltd., Hyderabad, Telangana. The Scheme has been sanctioned in exercise of the powers conferred under Sub-Section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949. The Scheme will come into force with effect from August 23, 2023. The branch of Twin Cities Co-operative Urban B
ਅਗ 22, 2023
Extension of validity of Directions under Section 35A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - HCBL Co-operative Bank Ltd., Lucknow (U.P.)
The Reserve Bank of India, vide Directive LKO.DOS.SED.No.S842/10-12-133/2022-2023 dated February 23, 2023 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS), had placed the HCBL Co-operative Bank Ltd., Lucknow (U.P.) under Directions from the close of business on February 24, 2023. The validity of the Directions was up to August 24, 2023. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, i
The Reserve Bank of India, vide Directive LKO.DOS.SED.No.S842/10-12-133/2022-2023 dated February 23, 2023 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS), had placed the HCBL Co-operative Bank Ltd., Lucknow (U.P.) under Directions from the close of business on February 24, 2023. The validity of the Directions was up to August 24, 2023. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, i
ਅਗ 17, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Limited, Nashik, Maharashtra – Extension of Period
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Limited, Nashik, Maharashtra vide Directive DCBS.CO.BSD-I/D-7/12.22.395/2017-18 dated May 18, 2018, for a period of six months up to November 18, 2018 as modified from time to time, which were last extended up to August 17, 2023 vide Directive DOR.MON.D-24/12.22.395/2023-24 dated May 16, 2023. T
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Limited, Nashik, Maharashtra vide Directive DCBS.CO.BSD-I/D-7/12.22.395/2017-18 dated May 18, 2018, for a period of six months up to November 18, 2018 as modified from time to time, which were last extended up to August 17, 2023 vide Directive DOR.MON.D-24/12.22.395/2023-24 dated May 16, 2023. T
ਅਗ 17, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Uravakonda Co-operative Town Bank Ltd., Uravakonda (Anantapaur District) – Extension of Period
It is hereby informed that the Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Uravakonda Co-operative Town Bank Ltd., Uravakonda (Anantapaur District) vide Directive No. AP.DOS.INSP1.No.S89/03-02-097/2022-2023 dated February 23, 2023, for a period of six months upto August 24, 2023. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of o
It is hereby informed that the Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Uravakonda Co-operative Town Bank Ltd., Uravakonda (Anantapaur District) vide Directive No. AP.DOS.INSP1.No.S89/03-02-097/2022-2023 dated February 23, 2023, for a period of six months upto August 24, 2023. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of o
ਅਗ 12, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Shankarrao Pujari Nutan Nagari Sahakari Bank Ltd., Ichalkaranji, Kolhapur – Extension of Period
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S782/12-07-005/2022-23 dated May 13, 2022, had placed Shankarrao Pujari Nutan Nagari Sahakari Bank Ltd., Ichalkaranji, Kolhapur under Directions from the close of business on May 13, 2022 for a period of six months, i.e., till November 12, 2022. The validity of the directions was extended from time-to-time, the last being up to August 12, 2023. 2. It is hereby notified for the information of the public that, the
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S782/12-07-005/2022-23 dated May 13, 2022, had placed Shankarrao Pujari Nutan Nagari Sahakari Bank Ltd., Ichalkaranji, Kolhapur under Directions from the close of business on May 13, 2022 for a period of six months, i.e., till November 12, 2022. The validity of the directions was extended from time-to-time, the last being up to August 12, 2023. 2. It is hereby notified for the information of the public that, the
ਅਗ 11, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949– Shankarrao Mohite-Patil Sahakari Bank Limited, Akluj, District- Solapur, Maharashtra – Extension of Period
The Reserve Bank of India issued Directions to Shankarrao Mohite Patil Sahakari Bank Ltd., Akluj under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive NGP.DOS.SSM 2.No.S1389/15-04-616/2022-23 dated February 23, 2023, for a period of six months up to August 24, 2023. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond August 24, 2023.
The Reserve Bank of India issued Directions to Shankarrao Mohite Patil Sahakari Bank Ltd., Akluj under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive NGP.DOS.SSM 2.No.S1389/15-04-616/2022-23 dated February 23, 2023, for a period of six months up to August 24, 2023. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond August 24, 2023.
ਅਗ 10, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Shimsha Sahakara Bank Niyamitha, Maddur, - Extension of Period
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Shimsha Sahakara Bank Niyamitha, Maddur, Karnataka vide Directive BLR.DOS.SSMS.No.S2174/12-08-295/2022-23 dated February 23, 2023 for a period of six months up to August 24, 2023. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond August 24, 2023. 2.
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Shimsha Sahakara Bank Niyamitha, Maddur, Karnataka vide Directive BLR.DOS.SSMS.No.S2174/12-08-295/2022-23 dated February 23, 2023 for a period of six months up to August 24, 2023. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond August 24, 2023. 2.
ਅਗ 04, 2023
Directions u/s 35A 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 35A 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-22/12.23.283/2023-24 dated May 04, 2023 up to August 10, 2023. 2. The Reserve Bank of India is satisfied that in t
The Reserve Bank of India issued Directions to Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka under Section 35A 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-22/12.23.283/2023-24 dated May 04, 2023 up to August 10, 2023. 2. The Reserve Bank of India is satisfied that in t
ਅਗ 02, 2023
RBI approves the voluntary amalgamation of The Navanirman Co-operative Urban Bank Ltd., Hyderabad (Telangana) with Rajadhani Co-op. Urban Bank Ltd., Hyderabad (Telangana)
The Reserve Bank of India has sanctioned the Scheme of Amalgamation of The Navanirman Co-operative Urban Bank Ltd., Hyderabad, Telangana with Rajadhani Co-op. Urban Bank Ltd., Hyderabad, Telangana. The Scheme has been sanctioned in exercise of the powers conferred under Sub-Section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949. The Scheme will come into force with effect from August 03, 2023. The branch of The Navanirman Co-operative Urba
The Reserve Bank of India has sanctioned the Scheme of Amalgamation of The Navanirman Co-operative Urban Bank Ltd., Hyderabad, Telangana with Rajadhani Co-op. Urban Bank Ltd., Hyderabad, Telangana. The Scheme has been sanctioned in exercise of the powers conferred under Sub-Section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949. The Scheme will come into force with effect from August 03, 2023. The branch of The Navanirman Co-operative Urba
ਜੁਲਾ 31, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – 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 July 31, 2023. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it
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 July 31, 2023. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it
ਜੁਲਾ 28, 2023
Extension of validity of Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Urban Co-operative Bank Ltd., Sitapur (U.P)
The Reserve Bank of India, vide Directive LKO.DOS.SED.No. S257/10-12-414/2022-23 dated July 27, 2022, had placed the Urban Co-operative Bank Ltd., Sitapur (U.P) under Directions from the close of business on July 28, 2022. The validity of the Directions was extended from time-to-time, the last being up to July 28, 2023. 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) o
The Reserve Bank of India, vide Directive LKO.DOS.SED.No. S257/10-12-414/2022-23 dated July 27, 2022, had placed the Urban Co-operative Bank Ltd., Sitapur (U.P) under Directions from the close of business on July 28, 2022. The validity of the Directions was extended from time-to-time, the last being up to July 28, 2023. 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) o
ਜੁਲਾ 28, 2023
Extension of validity of Directions under Section 35A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Lucknow Urban Co-operative Bank Ltd., Lucknow (U.P.)
The Reserve Bank of India (RBI) has extended the directions issued to the Lucknow Urban Co-operative Bank Ltd., Lucknow (U.P.) for a period of three (03) months from July 29, 2023 to October 28, 2023, subject to review. The bank has been under direction from the close of business of July 28, 2022 vide directive order LKO.DOS.SED.No.S256/10-03-556/2022-2023 dated July 27, 2022 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS). The
The Reserve Bank of India (RBI) has extended the directions issued to the Lucknow Urban Co-operative Bank Ltd., Lucknow (U.P.) for a period of three (03) months from July 29, 2023 to October 28, 2023, subject to review. The bank has been under direction from the close of business of July 28, 2022 vide directive order LKO.DOS.SED.No.S256/10-03-556/2022-2023 dated July 27, 2022 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS). The
ਜੁਲਾ 28, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Karmala Urban Co-operative Bank Limited, Solapur, Maharashtra – Extension of Period
The Reserve Bank of India issued Directions to The Karmala Urban Co-operative Bank Limited, Solapur, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.SED.No.S2729/12-07-005/2022-2023 dated July 29, 2022, for a period of six months up to January 29, 2023, as modified from time to time which were extended up to July 29, 2023 vide Directive DOR.MON.No.D-19/12.22.130/2023-24 dated April 28, 2023. 2. The Reserve B
The Reserve Bank of India issued Directions to The Karmala Urban Co-operative Bank Limited, Solapur, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.SED.No.S2729/12-07-005/2022-2023 dated July 29, 2022, for a period of six months up to January 29, 2023, as modified from time to time which were extended up to July 29, 2023 vide Directive DOR.MON.No.D-19/12.22.130/2023-24 dated April 28, 2023. 2. The Reserve B
ਜੁਲਾ 28, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Jaiprakash Narayan Nagari Sahakari Bank Ltd., Basmatnagar – Extension of Period
The Reserve Bank of India issued Directions to Jaiprakash Narayan Nagari Sahakari Bank Ltd., Basmatnagar under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.SED.No.S2723/12-07-005/2022-2023 dated July 28, 2022, for a period of six months up to January 29, 2023, as modified from time to time, which were last extended up to July 29, 2023 vide Directive DOR.MON.D-18/12.22.663/2023-24 dated April 27, 2023. 2. The Reserve Bank o
The Reserve Bank of India issued Directions to Jaiprakash Narayan Nagari Sahakari Bank Ltd., Basmatnagar under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.SED.No.S2723/12-07-005/2022-2023 dated July 28, 2022, for a period of six months up to January 29, 2023, as modified from time to time, which were last extended up to July 29, 2023 vide Directive DOR.MON.D-18/12.22.663/2023-24 dated April 27, 2023. 2. The Reserve Bank o
ਜੁਲਾ 28, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Anjangaon Surji Nagari Sahakari Bank Ltd., Amravati, Maharashtra – Extension of Period
The Reserve Bank of India issued Directions to The Anjangaon Surji Nagari Sahakari Bank Ltd., Amravati, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive No.CO.DOS.SED.No.S2698/12-07-005/2022-2023 dated July 27, 2022 for a period of six months up to January 28, 2023, as modified from time to time, which were last extended up to July 28, 2023 vide Directive DOR.MON.D-20/12.22.603/2023-24 dated April 27, 2023. 2. The R
The Reserve Bank of India issued Directions to The Anjangaon Surji Nagari Sahakari Bank Ltd., Amravati, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive No.CO.DOS.SED.No.S2698/12-07-005/2022-2023 dated July 27, 2022 for a period of six months up to January 28, 2023, as modified from time to time, which were last extended up to July 28, 2023 vide Directive DOR.MON.D-20/12.22.603/2023-24 dated April 27, 2023. 2. The R
ਜੁਲਾ 27, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Durga Co-operative Urban Bank Ltd., Vijayawada – Extension of Period
It is hereby informed that the Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Durga Co-operative Urban Bank Ltd., Vijayawada vide Directive No. HYD.DOS.INSP4.No.S241/15-36-070/2022-2023 dated July 28, 2022 for a period of six months upto January 29, 2023 as modified from time to time, which were last extended upto July 29, 2023 vide Directive No. DOR.MON/D-15/12.24.020/2023-24 dated April 26, 2023.
It is hereby informed that the Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Durga Co-operative Urban Bank Ltd., Vijayawada vide Directive No. HYD.DOS.INSP4.No.S241/15-36-070/2022-2023 dated July 28, 2022 for a period of six months upto January 29, 2023 as modified from time to time, which were last extended upto July 29, 2023 vide Directive No. DOR.MON/D-15/12.24.020/2023-24 dated April 26, 2023.
ਜੁਲਾ 26, 2023
Extension of validity of Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P)
The Reserve Bank of India, vide Directive DOS.CO.OCCD/185569/12.28.007/2021-22 dated January 28, 2022, had placed the Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P) under Directions from the close of business on January 28, 2022. The validity of the Directions was extended from time-to-time, the last being up to July 27, 2023. 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 s
The Reserve Bank of India, vide Directive DOS.CO.OCCD/185569/12.28.007/2021-22 dated January 28, 2022, had placed the Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P) under Directions from the close of business on January 28, 2022. The validity of the Directions was extended from time-to-time, the last being up to July 27, 2023. 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 s
ਜੁਲਾ 24, 2023
Directions under Section 35A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – The National Co-operative Bank Ltd., 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 BLR.DOS.SSMS.No.S836/09-01-112/2023-2024 dated July 24, 2023, has issued certain Directions to The National Co-operative Bank Ltd., Bangalore, whereby, as from the close of business on July 24
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 BLR.DOS.SSMS.No.S836/09-01-112/2023-2024 dated July 24, 2023, has issued certain Directions to The National Co-operative Bank Ltd., Bangalore, whereby, as from the close of business on July 24
ਜੁਲਾ 21, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949–Saibaba Janata Sahakari Bank Limited, Latur, Maharashtra – Extension of Period
The Reserve Bank of India issued Directions to Saibaba Janata Sahakari Bank Limited, Latur, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.SED.No.S2598/12-07-005/2022-2023 dated July 21, 2022, for a period of six months up to January 22, 2023, as modified from time to time, which was last extended up to July 22, 2023 vide Directive DOR.MON.D-07/12.22.705/2023-24 dated April 18, 2023. 2. The Reserve Bank of
The Reserve Bank of India issued Directions to Saibaba Janata Sahakari Bank Limited, Latur, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.SED.No.S2598/12-07-005/2022-2023 dated July 21, 2022, for a period of six months up to January 22, 2023, as modified from time to time, which was last extended up to July 22, 2023 vide Directive DOR.MON.D-07/12.22.705/2023-24 dated April 18, 2023. 2. The Reserve Bank of
ਜੁਲਾ 21, 2023
Extension of validity of Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – The Suri Friends’ Union Co-operative Bank Ltd, Suri, West Bengal
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Suri Friends' Union Co-operative Bank Limited, Suri (West Bengal) vide Directive No. CO. DOS. SED. No. S-2574/12-07-005/2O22-23 dated July 21, 2022 for a period of six months up to January 22, 2023, as modified from time to time, which were last extended up to July 22, 2023, vide Directive DOR.MON.D-12/12.29-046/2023-24 dated April 20, 2023. Th
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Suri Friends' Union Co-operative Bank Limited, Suri (West Bengal) vide Directive No. CO. DOS. SED. No. S-2574/12-07-005/2O22-23 dated July 21, 2022 for a period of six months up to January 22, 2023, as modified from time to time, which were last extended up to July 22, 2023, vide Directive DOR.MON.D-12/12.29-046/2023-24 dated April 20, 2023. Th
ਜੁਲਾ 20, 2023
Extension of validity of Directions under Section 35A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – National Urban Co-operative Bank Ltd., Bahraich (U.P.)
The Reserve Bank of India (RBI) has extended the directions issued to the National Urban Co-operative Bank Ltd., Bahraich (U.P.) for a period of three (03) months from July 23, 2023 to October 22, 2023, subject to review. The bank has been under direction from the close of business of July 22, 2022 vide directive order CO.DOS.SED.No.S2575/12-07-005/2022-2023 dated July 21, 2022 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS). T
The Reserve Bank of India (RBI) has extended the directions issued to the National Urban Co-operative Bank Ltd., Bahraich (U.P.) for a period of three (03) months from July 23, 2023 to October 22, 2023, subject to review. The bank has been under direction from the close of business of July 22, 2022 vide directive order CO.DOS.SED.No.S2575/12-07-005/2022-2023 dated July 21, 2022 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS). T
ਜੁਲਾ 19, 2023
Reserve Bank of India cancels the licence of United India Co-operative Bank Limited, Nagina, Bijnor, Uttar Pradesh
Today, the Reserve Bank of India (RBI), vide order dated July 14, 2023, has cancelled the licence of “United India Co-operative Bank Limited, Nagina, Bijnor, Uttar Pradesh”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on July 19, 2023. The Commissioner and Registrar of Cooperative, Uttar Pradesh has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Ban
Today, the Reserve Bank of India (RBI), vide order dated July 14, 2023, has cancelled the licence of “United India Co-operative Bank Limited, Nagina, Bijnor, Uttar Pradesh”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on July 19, 2023. The Commissioner and Registrar of Cooperative, Uttar Pradesh has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Ban
ਜੁਲਾ 18, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Raigad Sahakari Bank Limited, Mumbai, Maharashtra– Extension of Period
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S2469/12-07-005/2022-23 dated July 15, 2022, had placed Raigad Sahakari Bank Limited, Mumbai, Maharashtra under Directions from the close of business on July 18, 2022, for a period of six months. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in the exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act,
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S2469/12-07-005/2022-23 dated July 15, 2022, had placed Raigad Sahakari Bank Limited, Mumbai, Maharashtra under Directions from the close of business on July 18, 2022, for a period of six months. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in the exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act,
ਜੁਲਾ 18, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Sri Mallikarjuna Pattana Sahakari Bank Niyamitha, Maski, Karnataka – Extension of period
The Reserve Bank of India issued Directions to Sri Mallikarjuna Pattana Sahakari Bank Niyamitha, Maski, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive BLR.DOS.SSMS. No. S558/13-03-225/2022-23 dated July 15, 2022. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of the Directive BLR.DOS.SSMS. No. S558/13-03-225/2022-23 dated July 15, 2022 as modi
The Reserve Bank of India issued Directions to Sri Mallikarjuna Pattana Sahakari Bank Niyamitha, Maski, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive BLR.DOS.SSMS. No. S558/13-03-225/2022-23 dated July 15, 2022. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of the Directive BLR.DOS.SSMS. No. S558/13-03-225/2022-23 dated July 15, 2022 as modi
ਜੁਲਾ 18, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Nashik Zilla Girna Sahakari Bank Limited, Nashik, Maharashtra – Extension of Period
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Nashik Zilla Girna Sahakari Bank Limited, Nashik, Maharashtra vide Directive CO.DoS.DSD.No.S2470/12-07-005/2022-2023 dated July 15, 2022, the validity of which was extended up to July 18, 2023 vide Directive DOR.MON.D-10/12.22.412/2023-24 dated April 17, 2023. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Nashik Zilla Girna Sahakari Bank Limited, Nashik, Maharashtra vide Directive CO.DoS.DSD.No.S2470/12-07-005/2022-2023 dated July 15, 2022, the validity of which was extended up to July 18, 2023 vide Directive DOR.MON.D-10/12.22.412/2023-24 dated April 17, 2023. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to
ਜੁਲਾ 14, 2023
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 July 16, 2023. 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 July 16, 2023. 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
ਜੁਲਾ 11, 2023
RBI cancels the licence of Sri Sharada Mahila Co-operative Bank Ltd., Tumkur, Karnataka
Today, the Reserve Bank of India (RBI), vide order dated July 11, 2023, has cancelled the licence of “Sri Sharada Mahila Co-operative Bank Ltd., Tumkur, Karnataka”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on July 11, 2023. The Registrar of Cooperative Societies, Karnataka 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 lice
Today, the Reserve Bank of India (RBI), vide order dated July 11, 2023, has cancelled the licence of “Sri Sharada Mahila Co-operative Bank Ltd., Tumkur, Karnataka”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on July 11, 2023. The Registrar of Cooperative Societies, Karnataka 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 lice
ਜੁਲਾ 11, 2023
RBI cancels the licence of Harihareshwar Sahakari Bank Ltd., Wai, Satara
Today, the Reserve Bank of India (RBI), vide order dated July 11, 2023, has cancelled the licence of “Harihareshwar Sahakari Bank Ltd., Wai, Satara”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on July 11, 2023. The Commissioner for Co-operation 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 Reserve Ba
Today, the Reserve Bank of India (RBI), vide order dated July 11, 2023, has cancelled the licence of “Harihareshwar Sahakari Bank Ltd., Wai, Satara”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on July 11, 2023. The Commissioner for Co-operation 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 Reserve Ba
ਜੁਲਾ 07, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Sri Sharada Mahila Co-operative Bank Limited, Tumkur, Karnataka - Extension of period
The Reserve Bank of India issued Directions to Sri Sharada Mahila Co-operative Bank Limited, Tumkur, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive BLR.DOS.SSMS.No.S530/13-04-179/2022-23 dated July 07, 2022. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of the Directive BLR.DOS.SSMS.No.S530/13-04-179/2022-23 dated July 07, 2022 issued to Sri
The Reserve Bank of India issued Directions to Sri Sharada Mahila Co-operative Bank Limited, Tumkur, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive BLR.DOS.SSMS.No.S530/13-04-179/2022-23 dated July 07, 2022. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of the Directive BLR.DOS.SSMS.No.S530/13-04-179/2022-23 dated July 07, 2022 issued to Sri
ਜੁਲਾ 07, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Sangli Sahakari Bank Limited, Mumbai, Maharashtra - Extension of Period
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S2322/12-07-005/2022-23 dated July 07, 2022., had placed Sangli Sahakari Bank Limited, Mumbai, Maharashtra under Directions from the close of business on July 08, 2022, for a period of six months. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in the exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S2322/12-07-005/2022-23 dated July 07, 2022., had placed Sangli Sahakari Bank Limited, Mumbai, Maharashtra under Directions from the close of business on July 08, 2022, for a period of six months. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in the exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act
ਜੁਲਾ 07, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Sahebrao Deshmukh Co-operative Bank Limited, Mumbai, Maharashtra - Extension of Period
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S2323/12-07-005/2022-23 dated July 07, 2022., had placed Sahebrao Deshmukh Co-operative Bank Limited, Mumbai, Maharashtra under Directions from the close of business on July 08, 2022, for a period of six months. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in the exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S2323/12-07-005/2022-23 dated July 07, 2022., had placed Sahebrao Deshmukh Co-operative Bank Limited, Mumbai, Maharashtra under Directions from the close of business on July 08, 2022, for a period of six months. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in the exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking
ਜੁਲਾ 07, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Ramgarhia Co-operative Bank Ltd, New Delhi - Extension of Period
The Reserve Bank of India, vide directive DEL.DOS.EXG_SSM No.S515/12-10- 013/2022-23 dated July 07, 2022, had placed Ramgarhia Co-operative Bank Ltd, New Delhi – under Directions from the close of business on July 08, 2022, for a period of six months up to January 08, 2023, the validity of which was extended up to July 08, 2023 vide directive DOR.MON.D-03/12.28.115/2023-24 dated April 06, 2023. 2. The Reserve Bank of India, in exercise of the powers vested in it under
The Reserve Bank of India, vide directive DEL.DOS.EXG_SSM No.S515/12-10- 013/2022-23 dated July 07, 2022, had placed Ramgarhia Co-operative Bank Ltd, New Delhi – under Directions from the close of business on July 08, 2022, for a period of six months up to January 08, 2023, the validity of which was extended up to July 08, 2023 vide directive DOR.MON.D-03/12.28.115/2023-24 dated April 06, 2023. 2. The Reserve Bank of India, in exercise of the powers vested in it under
ਜੁਲਾ 05, 2023
RBI cancels the license of The Malkapur Urban Co-operative Bank Limited, Buldhana, Maharashtra
Today, the Reserve Bank of India (RBI), vide order dated July 04, 2023, has cancelled the license of “The Malkapur Urban Co-operative Bank Limited, Buldhana, Maharashtra”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on July 05, 2023. 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
Today, the Reserve Bank of India (RBI), vide order dated July 04, 2023, has cancelled the license of “The Malkapur Urban Co-operative Bank Limited, Buldhana, Maharashtra”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on July 05, 2023. 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
ਜੁਲਾ 05, 2023
RBI cancels the license of Shushruti Souharda Sahakara Bank Niyamita, Bengaluru (Revised)
Today, the Reserve Bank of India (RBI), vide order dated July 04, 2023, has cancelled the license of “Shushruti Souharda Sahakara Bank Niyamita, Bengaluru”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on July 05, 2023. The Registrar of Cooperative Societies, Bengaluru 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 t
Today, the Reserve Bank of India (RBI), vide order dated July 04, 2023, has cancelled the license of “Shushruti Souharda Sahakara Bank Niyamita, Bengaluru”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on July 05, 2023. The Registrar of Cooperative Societies, Bengaluru 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 t
ਜੂਨ 27, 2023
RBI cancels the licence granted to Mahalaxmi Cooperative Bank Ltd., Dharwad, Karnataka and allows it to function as non-banking institution
Reserve Bank of India (RBI) is satisfied to notify Mahalaxmi Cooperative Bank Ltd., Dharwad, Karnataka as a non-banking institution under Section 36A(2) read with Section 56 of the Banking Regulation Act, 1949. Accordingly, RBI has cancelled the licence dated March 23, 1994, granted to Mahalaxmi Cooperative Bank Ltd., Dharwad, Karnataka to carry on banking business in India under Section 22 read with Section 56 of the Banking Regulation Act,1949 with effect from the close of business on June 27, 2023. This makes it obligatory on the part of Mahalaxmi Cooperative Bank Ltd., Dharwad, Karnataka to stop conducting the business of ‘banking’ within the meaning of section 5(b) of the Act ibid, including acceptance of deposits from non-members with immediate effect. Further, Mahalaxmi Cooperative Bank Ltd., Dharwad, Karnataka shall ensure to repay unpaid and unclaimed deposits of non-members held by it, whenever demanded, even after being notified as non-banking Institution.
Reserve Bank of India (RBI) is satisfied to notify Mahalaxmi Cooperative Bank Ltd., Dharwad, Karnataka as a non-banking institution under Section 36A(2) read with Section 56 of the Banking Regulation Act, 1949. Accordingly, RBI has cancelled the licence dated March 23, 1994, granted to Mahalaxmi Cooperative Bank Ltd., Dharwad, Karnataka to carry on banking business in India under Section 22 read with Section 56 of the Banking Regulation Act,1949 with effect from the close of business on June 27, 2023. This makes it obligatory on the part of Mahalaxmi Cooperative Bank Ltd., Dharwad, Karnataka to stop conducting the business of ‘banking’ within the meaning of section 5(b) of the Act ibid, including acceptance of deposits from non-members with immediate effect. Further, Mahalaxmi Cooperative Bank Ltd., Dharwad, Karnataka shall ensure to repay unpaid and unclaimed deposits of non-members held by it, whenever demanded, even after being notified as non-banking Institution.
ਜੂਨ 14, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - The Rajapur Sahakari Bank Ltd., Mumbai
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.SED.No.S1917/12-22-212/2023-2024 dated June 13, 2023, has issued certain Directions to The Rajapur Sahakari Bank Ltd., Mumbai, whereby, as from the close of business on June 14, 2023,
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.SED.No.S1917/12-22-212/2023-2024 dated June 13, 2023, has issued certain Directions to The Rajapur Sahakari Bank Ltd., Mumbai, whereby, as from the close of business on June 14, 2023,
ਜੂਨ 14, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - The Vaishali Shahari Vikas Co-operative Bank Ltd., Hajipur, Bihar
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(Patna).Co-op.Bk./No. S50/04.01.009/2023-24 dated June 13, 2023, has issued certain Directions to The Vaishali Shahari Vikas Co-operative Bank Ltd. Hajipur, Bihar whereby, as from the clos
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(Patna).Co-op.Bk./No. S50/04.01.009/2023-24 dated June 13, 2023, has issued certain Directions to The Vaishali Shahari Vikas Co-operative Bank Ltd. Hajipur, Bihar whereby, as from the clos
ਜੂਨ 14, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Sawantwadi Urban Co-operative Bank Ltd., Sawantwadi
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.SED.No.S1918/12-22-283/2023-2024 dated June 13, 2023, has issued certain Directions to Sawantwadi Urban Co-operative Bank Ltd., Sawantwadi, whereby, as from the close of business on Ju
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.SED.No.S1918/12-22-283/2023-2024 dated June 13, 2023, has issued certain Directions to Sawantwadi Urban Co-operative Bank Ltd., Sawantwadi, whereby, as from the close of business on Ju
ਜੂਨ 09, 2023
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 March 08, 2023 for three months up to June 09, 2023, subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of p
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 March 08, 2023 for three months up to June 09, 2023, subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of p
ਜੂਨ 09, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Dwarkadas Mantri Nagari Sahakari Bank Ltd., Beed, Maharashtra - Extension of Period
The Reserve Bank of India issued Directions to Dwarkadas Mantri Nagari Sahakari Bank Ltd., Beed, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DoS.CO.NSUCBs-West/D-4/S3706/12.07.005/2021-22 dated March 9, 2022 which were extended from time to time, last being up to June 9, 2023, vide Directive DOR.MON/D-84/12.22.613/2022-23 dated March 8, 2023. 2. The Reserve Bank of India is satisfied that in the public interest
The Reserve Bank of India issued Directions to Dwarkadas Mantri Nagari Sahakari Bank Ltd., Beed, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DoS.CO.NSUCBs-West/D-4/S3706/12.07.005/2021-22 dated March 9, 2022 which were extended from time to time, last being up to June 9, 2023, vide Directive DOR.MON/D-84/12.22.613/2022-23 dated March 8, 2023. 2. The Reserve Bank of India is satisfied that in the public interest
ਜੂਨ 06, 2023
Directions under Section 35A 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
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 extended from time-to-time, the last being up to June 06, 2023. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers veste
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 extended from time-to-time, the last being up to June 06, 2023. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers veste
ਜੂਨ 06, 2023
Directions under Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Sumerpur Mercantile Urban Co-operative Bank Ltd, Sumerpur, Rajasthan- Extension of Validity
Sumerpur Mercantile Urban Co-operative Bank Limited, Sumerpur, Rajasthan was placed under All-Inclusive Directions from close of business on December 06, 2022 for a period of six months, subject to review, vide Directive dated December 05, 2022. 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 35A of Banking Regulation Act, 1949 (AACS) read with Section 56 of th
Sumerpur Mercantile Urban Co-operative Bank Limited, Sumerpur, Rajasthan was placed under All-Inclusive Directions from close of business on December 06, 2022 for a period of six months, subject to review, vide Directive dated December 05, 2022. 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 35A of Banking Regulation Act, 1949 (AACS) read with Section 56 of th
ਮਈ 31, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Harihareshwar Sahakari Bank Limited, Wai, Satara - Extension of period
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S1012/12-07-005/2022-2023 dated May 31, 2022, had placed Harihareshwar Sahakari Bank Limited, Wai, Satara under Directions from the close of business on May 31, 2022. The validity of the directions was extended from time-to-time, the last being up to May 31, 2023. 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
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S1012/12-07-005/2022-2023 dated May 31, 2022, had placed Harihareshwar Sahakari Bank Limited, Wai, Satara under Directions from the close of business on May 31, 2022. The validity of the directions was extended from time-to-time, the last being up to May 31, 2023. 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
ਮਈ 26, 2023
RBI approves the voluntary amalgamation of Maratha Sahakari Bank Ltd., Mumbai (Maharashtra) with The Cosmos Co-operative Bank Limited, Pune (Maharashtra)
The Reserve Bank of India has sanctioned the Scheme of Amalgamation of Maratha Sahakari Bank Ltd., Mumbai, Maharashtra with The Cosmos Co-operative Bank Limited, Pune, Maharashtra. The Scheme has been sanctioned in exercise of the powers conferred under Sub-Section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949. The Scheme will come into force with effect from May 29, 2023. All the branches of Maratha Sahakari Bank Ltd., Mumbai (Maharashtr
The Reserve Bank of India has sanctioned the Scheme of Amalgamation of Maratha Sahakari Bank Ltd., Mumbai, Maharashtra with The Cosmos Co-operative Bank Limited, Pune, Maharashtra. The Scheme has been sanctioned in exercise of the powers conferred under Sub-Section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949. The Scheme will come into force with effect from May 29, 2023. All the branches of Maratha Sahakari Bank Ltd., Mumbai (Maharashtr
ਮਈ 25, 2023
Designating a Senior Officer as Nodal Officer for all policy issues related to Primary (Urban) Co-operative Banks (UCBs)
The Governor, Reserve Bank of India (RBI) had held a meeting with the National Federation of Urban Co-operative Banks and Credit Societies Limited (NAFCUB), Federations of UCBs from certain states and the CEOs of select UCBs on May 12, 2023. As indicated in the meeting, and with a view to bringing about closer coordination and focused interaction with the federations in respect of policy/ regulatory issues concerning the UCB sector, it has been decided to designate th
The Governor, Reserve Bank of India (RBI) had held a meeting with the National Federation of Urban Co-operative Banks and Credit Societies Limited (NAFCUB), Federations of UCBs from certain states and the CEOs of select UCBs on May 12, 2023. As indicated in the meeting, and with a view to bringing about closer coordination and focused interaction with the federations in respect of policy/ regulatory issues concerning the UCB sector, it has been decided to designate th
ਮਈ 24, 2023
Directions under Section 35A read with Section 56 of the BR Act 1949 (AACS)- Thodupuzha Urban Co-operative Bank Ltd, Kerala- Extension of period (Revised)
The Reserve Bank of India issued Directions to Thodupuzha Urban Co-operative Urban Bank Ltd, Kerala under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS), vide Directive No. CO.DOS.SED.No.S3361/12.07.005/2022-23 dated August 23, 2022, from close of business on August 23, 2022, for a period of six months, which was last extended vide the Directive DOR.MON/D-77/12.16.051/2022-23 dated February 23, 2023 for a further period of three months, i.
The Reserve Bank of India issued Directions to Thodupuzha Urban Co-operative Urban Bank Ltd, Kerala under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS), vide Directive No. CO.DOS.SED.No.S3361/12.07.005/2022-23 dated August 23, 2022, from close of business on August 23, 2022, for a period of six months, which was last extended vide the Directive DOR.MON/D-77/12.16.051/2022-23 dated February 23, 2023 for a further period of three months, i.
ਮਈ 24, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - The Malkapur Urban Cooperative Bank Ltd, Buldhana, Maharashtra - Extension of Period
The Reserve Bank of India issued Directions to The Malkapur Urban Co-operative Bank Ltd., Buldhana, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DOS.CO.NSUCBs-West/D-3/S2050/12.07.005/2021-22 dated November 24, 2021 as modified from time to time, which were last extended up to May 24, 2023, vide Directive DOR.MON.D-78/12.22.638/2022-23 dated February 23, 2023. 2. The Reserve Bank of India is satisfied that in th
The Reserve Bank of India issued Directions to The Malkapur Urban Co-operative Bank Ltd., Buldhana, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DOS.CO.NSUCBs-West/D-3/S2050/12.07.005/2021-22 dated November 24, 2021 as modified from time to time, which were last extended up to May 24, 2023, vide Directive DOR.MON.D-78/12.22.638/2022-23 dated February 23, 2023. 2. The Reserve Bank of India is satisfied that in th
ਮਈ 17, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Limited, Nashik, Maharashtra - Extension of Period
The Reserve Bank of India issued Directions to Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Limited, Nashik, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DCBS.CO.BSD-I/D-7/12.22.395/2017-18 dated May 18, 2018 for a period of six months, the validity of which was extended up to May 17, 2023 vide Directive DOR.MON.D-76/12.22.395/2022-23 dated February 16, 2023. 2. The Reserve Bank of India is satisfied th
The Reserve Bank of India issued Directions to Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Limited, Nashik, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DCBS.CO.BSD-I/D-7/12.22.395/2017-18 dated May 18, 2018 for a period of six months, the validity of which was extended up to May 17, 2023 vide Directive DOR.MON.D-76/12.22.395/2022-23 dated February 16, 2023. 2. The Reserve Bank of India is satisfied th
ਮਈ 12, 2023
Governor, Reserve Bank of India meets heads of Federations of UCBs of States and CEOs of Primary (Urban) Co-operative Banks (UCBs)
The Governor, Reserve Bank of India (RBI) today held a meeting with the National Federation of Urban Co-operative Banks and Credit Societies Limited (NAFCUB), select Federations of UCBs from various States and the CEOs of select UCBs. The meeting was also attended by Shri M Rajeshwar Rao, Deputy Governor, Executive Directors Shri S C Murmu, Shri Saurav Sinha, Shri Jayant Kumar Dash, Shri Neeraj Nigam along with a few senior officials of the RBI. The Governor, in his i
The Governor, Reserve Bank of India (RBI) today held a meeting with the National Federation of Urban Co-operative Banks and Credit Societies Limited (NAFCUB), select Federations of UCBs from various States and the CEOs of select UCBs. The meeting was also attended by Shri M Rajeshwar Rao, Deputy Governor, Executive Directors Shri S C Murmu, Shri Saurav Sinha, Shri Jayant Kumar Dash, Shri Neeraj Nigam along with a few senior officials of the RBI. The Governor, in his i
ਮਈ 12, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Shankarrao Pujari Nutan Nagari Sahakari Bank Ltd., Ichalkaranji, Kolhapur - Extension of Period
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S782/12-07-005/2022-23 dated May 13, 2022, had placed Shankarrao Pujari Nutan Nagari Sahakari Bank Ltd., Ichalkaranji, Kolhapur under Directions from the close of business on May 13, 2022 for a period of six months, i.e., till November 12, 2022. The validity of the directions was extended from time-to-time, the last being up to May 12, 2023. 2. It is hereby notified for the information of the public that, the Res
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S782/12-07-005/2022-23 dated May 13, 2022, had placed Shankarrao Pujari Nutan Nagari Sahakari Bank Ltd., Ichalkaranji, Kolhapur under Directions from the close of business on May 13, 2022 for a period of six months, i.e., till November 12, 2022. The validity of the directions was extended from time-to-time, the last being up to May 12, 2023. 2. It is hereby notified for the information of the public that, the Res
ਮਈ 10, 2023
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-73/12.23.283/2022-23 dated February 08, 2023 up to May 10, 2023. 2. The Reserve Bank of India is satisfied that i
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-73/12.23.283/2022-23 dated February 08, 2023 up to May 10, 2023. 2. The Reserve Bank of India is satisfied that i
ਅਪ੍ਰੈ 28, 2023
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - The Anjangaon Surji Nagari Sahakari Bank Ltd., Amravati, Maharashtra - Extension of Period
The Reserve Bank of India issued Directions to The Anjangaon Surji Nagari Sahakari Bank Ltd., Amravati, Maharashtra under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.SED.No.S2698/12-07-005/2022-2023 dated July 27, 2022 for a period of six months up to January 28, 2023, the validity of which was extended up to April 28, 2023 vide Directive DOR.MON.D-70/12.22.603/2022-23 dated January 25, 2023. 2. The Reserve Bank of India
The Reserve Bank of India issued Directions to The Anjangaon Surji Nagari Sahakari Bank Ltd., Amravati, Maharashtra under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.SED.No.S2698/12-07-005/2022-2023 dated July 27, 2022 for a period of six months up to January 28, 2023, the validity of which was extended up to April 28, 2023 vide Directive DOR.MON.D-70/12.22.603/2022-23 dated January 25, 2023. 2. The Reserve Bank of India
ਅਪ੍ਰੈ 28, 2023
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - The Karmala Urban Co-operative Bank Limited, Solapur - Extension of Period
The Reserve Bank of India issued Directions to The Karmala Urban Co-operative Bank Limited, Solapur under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.SED.No.S2729/12-07-005/2022-2023 dated July 29, 2022 for a period of six months up to January 29, 2023, the validity of which was extended up to April 29, 2023 vide Directive DOR.MON.No.D-68/12.22.130/2022-23 dated January 25, 2023. 2. The Reserve Bank of India is satisfied
The Reserve Bank of India issued Directions to The Karmala Urban Co-operative Bank Limited, Solapur under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.SED.No.S2729/12-07-005/2022-2023 dated July 29, 2022 for a period of six months up to January 29, 2023, the validity of which was extended up to April 29, 2023 vide Directive DOR.MON.No.D-68/12.22.130/2022-23 dated January 25, 2023. 2. The Reserve Bank of India is satisfied
ਅਪ੍ਰੈ 28, 2023
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - Jaiprakash Narayan Nagari Sahakari Bank Ltd., Basmatnagar, Hingoli, Maharashtra - Extension of Period
The Reserve Bank of India issued Directions to Jaiprakash Narayan Nagari Sahakari Bank Ltd., Basmatnagar, Hingoli, Maharashtra under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.SED. No. S2723/12-07-005/2022-2023 dated July 28, 2022 for a period of six months up to January 29, 2023, the validity of which was extended up to April 29, 2023 vide Directive DOR.MON.D-71/12.22.663/2022-23 dated January 25, 2023. 2. The Reserve
The Reserve Bank of India issued Directions to Jaiprakash Narayan Nagari Sahakari Bank Ltd., Basmatnagar, Hingoli, Maharashtra under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.SED. No. S2723/12-07-005/2022-2023 dated July 28, 2022 for a period of six months up to January 29, 2023, the validity of which was extended up to April 29, 2023 vide Directive DOR.MON.D-71/12.22.663/2022-23 dated January 25, 2023. 2. The Reserve
ਅਪ੍ਰੈ 28, 2023
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - Durga Co-operative Urban Bank Ltd., Vijayawada - Extension of Period
The Reserve Bank of India issued Directions to Durga Co-operative Urban Bank Ltd., Vijayawada under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive No. HYD.DOS.INSP4.No.S241/15-36-070/2022-2023 dated July 28, 2022 for a period of six months upto January 29, 2023 which were further extended vide Directive No. DOR.MON/D-69/12.24.020/2022-23 dated January 25, 2023 for a period of three months upto April 29, 2023. 2. The Reserve Bank o
The Reserve Bank of India issued Directions to Durga Co-operative Urban Bank Ltd., Vijayawada under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive No. HYD.DOS.INSP4.No.S241/15-36-070/2022-2023 dated July 28, 2022 for a period of six months upto January 29, 2023 which were further extended vide Directive No. DOR.MON/D-69/12.24.020/2022-23 dated January 25, 2023 for a period of three months upto April 29, 2023. 2. The Reserve Bank o
ਅਪ੍ਰੈ 28, 2023
Extension of validity of Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Lucknow Urban Co-operative Bank Ltd., Lucknow (U.P.)
The Reserve Bank of India (RBI) has extended the directions issued to the Lucknow Urban Co-operative Bank Ltd., Lucknow (U.P.) for a period of three (03) months from April 29, 2023 to July 28, 2023, subject to review. The bank has been under direction from the close of business of July 28, 2022 vide directive order LKO.DOS.SED.No.S256/10-03-556/2022-2023 dated July 27, 2022 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS). The s
The Reserve Bank of India (RBI) has extended the directions issued to the Lucknow Urban Co-operative Bank Ltd., Lucknow (U.P.) for a period of three (03) months from April 29, 2023 to July 28, 2023, subject to review. The bank has been under direction from the close of business of July 28, 2022 vide directive order LKO.DOS.SED.No.S256/10-03-556/2022-2023 dated July 27, 2022 issued under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS). The s
ਅਪ੍ਰੈ 28, 2023
Extension of validity of Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Urban Co-operative Bank Ltd., Sitapur (U.P.)
The Reserve Bank of India (RBI) has extended the directions issued to the Urban Co-operative Bank Ltd., Sitapur (U.P.) for a period of three (03) months from April 29, 2023 to July 28, 2023, subject to review. The bank has been under direction from the close of business on July 28, 2022 vide directive order LKO.DOS.SED.No.S257/10-12-414/2022-23 dated July 27, 2022 issued under section 35 A read with section 56 of the Banking Regulation Act, 1949 (AACS). The said direc
The Reserve Bank of India (RBI) has extended the directions issued to the Urban Co-operative Bank Ltd., Sitapur (U.P.) for a period of three (03) months from April 29, 2023 to July 28, 2023, subject to review. The bank has been under direction from the close of business on July 28, 2022 vide directive order LKO.DOS.SED.No.S257/10-12-414/2022-23 dated July 27, 2022 issued under section 35 A read with section 56 of the Banking Regulation Act, 1949 (AACS). The said direc
ਅਪ੍ਰੈ 28, 2023
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - 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, 2023. 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, 2023. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in i
ਅਪ੍ਰੈ 27, 2023
Extension of validity of Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS)- Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P)
The Reserve Bank of India (RBI) has extended the directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P) for a period of three (03) months from April 28, 2023 to July 27, 2023, subject to review. The bank has been under direction since January 28, 2022 vide directive order DOS.CO.OCCD/185569/12.28.007/2021-22 dated January 28, 2022 issued under section 35 A read with section 56 of the Banking Regulation Act, 1949 (AACS). The validity of the di
The Reserve Bank of India (RBI) has extended the directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P) for a period of three (03) months from April 28, 2023 to July 27, 2023, subject to review. The bank has been under direction since January 28, 2022 vide directive order DOS.CO.OCCD/185569/12.28.007/2021-22 dated January 28, 2022 issued under section 35 A read with section 56 of the Banking Regulation Act, 1949 (AACS). The validity of the di
ਅਪ੍ਰੈ 25, 2023
Reserve Bank cancels the banking licence granted to The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala and allows it to function as non-banking institution
Reserve Bank of India (RBI) is satisfied to notify The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala as a non-banking Institution under Section 36 A(2) read with section 56 of the Banking Regulation Act, 1949. Accordingly, RBI has cancelled the banking licence dated January 03, 1987 granted to The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala to carry on banking business in India under Section 22 read with section 56 of the Banking Regulation Act,1949 with effec
Reserve Bank of India (RBI) is satisfied to notify The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala as a non-banking Institution under Section 36 A(2) read with section 56 of the Banking Regulation Act, 1949. Accordingly, RBI has cancelled the banking licence dated January 03, 1987 granted to The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala to carry on banking business in India under Section 22 read with section 56 of the Banking Regulation Act,1949 with effec
ਅਪ੍ਰੈ 21, 2023
Extension of validity of Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - United India Co-operative Bank Limited, Nagina, Bijnor (U.P.)
The Reserve Bank of India (RBI) has extended the directions issued to United India Co-operative Bank Limited, Nagina, Bijnor (U.P.) for a period of three (03) months from April 23, 2023 to July 22, 2023 subject to review. The bank has been under directions from the close of business of July 22, 2022 vide directive order CO.DOS.SED.No.S2573/12-07-005/2022-23 dated July 21, 2022 issued under section 35 A read with section 56 of the Banking Regulation Act, 1949 (AACS). T
The Reserve Bank of India (RBI) has extended the directions issued to United India Co-operative Bank Limited, Nagina, Bijnor (U.P.) for a period of three (03) months from April 23, 2023 to July 22, 2023 subject to review. The bank has been under directions from the close of business of July 22, 2022 vide directive order CO.DOS.SED.No.S2573/12-07-005/2022-23 dated July 21, 2022 issued under section 35 A read with section 56 of the Banking Regulation Act, 1949 (AACS). T
ਅਪ੍ਰੈ 21, 2023
Extension of validity of Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - The Suri Friends’ Union Co-operative Bank Ltd, Suri, West Bengal
The Reserve Bank of India issued Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 to The Suri Friends' Union Co-operative Bank Limited, Suri (West Bengal) vide Directive No.CO.DOS.SED.No.S-2574/12-07-005/2O22-23 dated July 21, 2022 for a period of six months up to January 22, 2023. The Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of the Directive No.CO.DOS.SED.No
The Reserve Bank of India issued Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 to The Suri Friends' Union Co-operative Bank Limited, Suri (West Bengal) vide Directive No.CO.DOS.SED.No.S-2574/12-07-005/2O22-23 dated July 21, 2022 for a period of six months up to January 22, 2023. The Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of the Directive No.CO.DOS.SED.No
ਅਪ੍ਰੈ 21, 2023
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - Saibaba Janata Sahakari Bank Limited, Latur, Maharashtra - Extension of Period
The Reserve Bank of India issued Directions to Saibaba Janata Sahakari Bank Limited, Latur, Maharashtra under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) vide Directive CO.DoS.SED.No.S2598/12-07-005/2022-2023 dated July 21, 2022 for a period of six months up to January 22,2023, the validity of which was extended up to April 22, 2023 vide Directive DOR.MON.D-62/12.22.705/2022-23 dated January 20, 2023. 2. The Reserve Bank of India is sa
The Reserve Bank of India issued Directions to Saibaba Janata Sahakari Bank Limited, Latur, Maharashtra under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) vide Directive CO.DoS.SED.No.S2598/12-07-005/2022-2023 dated July 21, 2022 for a period of six months up to January 22,2023, the validity of which was extended up to April 22, 2023 vide Directive DOR.MON.D-62/12.22.705/2022-23 dated January 20, 2023. 2. The Reserve Bank of India is sa
ਅਪ੍ਰੈ 20, 2023
Extension of validity of Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - National Urban Co-operative Bank Ltd., Bahraich (U.P.)
The Reserve Bank of India (RBI) has extended the directions issued to the National Urban Co-operative Bank Ltd., Bahraich (U.P.) for a period of three months from April 23, 2023 to July 22, 2023, subject to review. The bank has been under direction from the close of business of July 22, 2022 vide directive order CO.DOS.SED.No.S2575/12-07-005/2022-2023 dated July 21, 2022 issued under section 35 A read with section 56 of the Banking Regulation Act, 1949 (AACS). The sai
The Reserve Bank of India (RBI) has extended the directions issued to the National Urban Co-operative Bank Ltd., Bahraich (U.P.) for a period of three months from April 23, 2023 to July 22, 2023, subject to review. The bank has been under direction from the close of business of July 22, 2022 vide directive order CO.DOS.SED.No.S2575/12-07-005/2022-2023 dated July 21, 2022 issued under section 35 A read with section 56 of the Banking Regulation Act, 1949 (AACS). The sai
ਅਪ੍ਰੈ 19, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Sri Mallikarjuna Pattana Sahakari Bank Niyamitha, Maski, Karnataka - Extension of period
The Reserve Bank of India issued Directions to Sri Mallikarjuna Pattana Sahakari Bank Niyamitha, Maski, Karnataka under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive BLR.DOS.SSMS.No.S558/13-03-225/2022-23 dated July 15, 2022. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of the Directive BLR.DOS.SSMS.No.S558/13-03-225/2022-23 dated July 15, 2022 as modifie
The Reserve Bank of India issued Directions to Sri Mallikarjuna Pattana Sahakari Bank Niyamitha, Maski, Karnataka under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive BLR.DOS.SSMS.No.S558/13-03-225/2022-23 dated July 15, 2022. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of the Directive BLR.DOS.SSMS.No.S558/13-03-225/2022-23 dated July 15, 2022 as modifie
ਅਪ੍ਰੈ 18, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Nashik Zilla Girna Sahakari Bank Limited, Nashik, Maharashtra - Extension of Period
The Reserve Bank of India issued Directions to Nashik Zilla Girna Sahakari Bank Limited, Nashik, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) vide Directive CO.DoS.DSD.No.S2470/12-07-005/2022-2023 dated July 15, 2022 for a period of six months up to January 18, 2023, the validity of which was extended up to April 18, 2023 vide Directive DOR.MON.D-59/12.22.412/2022-23 dated January 18, 2023. 2. The Reserve Bank of India
The Reserve Bank of India issued Directions to Nashik Zilla Girna Sahakari Bank Limited, Nashik, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) vide Directive CO.DoS.DSD.No.S2470/12-07-005/2022-2023 dated July 15, 2022 for a period of six months up to January 18, 2023, the validity of which was extended up to April 18, 2023 vide Directive DOR.MON.D-59/12.22.412/2022-23 dated January 18, 2023. 2. The Reserve Bank of India
ਅਪ੍ਰੈ 18, 2023
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - Raigad Sahakari Bank Limited, Mumbai, Maharashtra - Extension of Period
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S2469/12-07-005/2022-23 dated July 15, 2022, had placed Raigad Sahakari Bank Limited, Mumbai, Maharashtra under Directions from the close of business on July 18, 2022. The validity of the directions was extended from time-to-time, the last being up to April 18, 2023. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in the exercise of powers vested in it under sub-section
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S2469/12-07-005/2022-23 dated July 15, 2022, had placed Raigad Sahakari Bank Limited, Mumbai, Maharashtra under Directions from the close of business on July 18, 2022. The validity of the directions was extended from time-to-time, the last being up to April 18, 2023. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in the exercise of powers vested in it under sub-section
ਅਪ੍ਰੈ 13, 2023
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 April 16, 2023. 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, 2023. 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
ਅਪ੍ਰੈ 10, 2023
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 April 09, 2023, vide Directive DOR.MON/D-83/12.26.004/2022-23 dated March 08, 2023. Th
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 April 09, 2023, vide Directive DOR.MON/D-83/12.26.004/2022-23 dated March 08, 2023. Th
ਅਪ੍ਰੈ 09, 2023
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - Sri Sharada Mahila Co-operative Bank Limited, Tumkur, Karnataka - Extension of period
The Reserve Bank of India issued Directions to Sri Sharada Mahila Co-operative Bank Limited, Tumkur, Karnataka under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive BLR.DOS.SSMS.No.S530/13-04-179/2022-23 dated July 07, 2022. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of the Directive BLR.DOS.SSMS.No.S530/13-04-179/2022-23 dated July 07, 2022 issued to Sri
The Reserve Bank of India issued Directions to Sri Sharada Mahila Co-operative Bank Limited, Tumkur, Karnataka under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive BLR.DOS.SSMS.No.S530/13-04-179/2022-23 dated July 07, 2022. 2. The Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of the Directive BLR.DOS.SSMS.No.S530/13-04-179/2022-23 dated July 07, 2022 issued to Sri
ਅਪ੍ਰੈ 08, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Shushruti Souharda Sahakara Bank Niyamita, Bengaluru, Karnataka - Extension of period
The Reserve Bank of India issued Directions to Shushruti Souharda Sahakara Bank Niyamita, Bengaluru under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.DSD.No.S98/10-01-23/2022-23 dated April 07, 2022, which were extended from time to time, last being up to April 07, 2023, vide Directive DOR.MON/D-55/10.01.023/2022-23 dated January 06, 2023. 2. The Reserve Bank of India is satisfied that in the public interest, it is necess
The Reserve Bank of India issued Directions to Shushruti Souharda Sahakara Bank Niyamita, Bengaluru under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive CO.DOS.DSD.No.S98/10-01-23/2022-23 dated April 07, 2022, which were extended from time to time, last being up to April 07, 2023, vide Directive DOR.MON/D-55/10.01.023/2022-23 dated January 06, 2023. 2. The Reserve Bank of India is satisfied that in the public interest, it is necess
ਅਪ੍ਰੈ 06, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Sahebrao Deshmukh Co-operative Bank Limited, Mumbai, Maharashtra - Extension of Period
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S2323/12-07-005/2022-23 dated July 07, 2022., had placed Sahebrao Deshmukh Co-operative Bank Limited, Mumbai, Maharashtra under Directions from the close of business on July 08, 2022, for a period of six months. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in the exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S2323/12-07-005/2022-23 dated July 07, 2022., had placed Sahebrao Deshmukh Co-operative Bank Limited, Mumbai, Maharashtra under Directions from the close of business on July 08, 2022, for a period of six months. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in the exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking
ਅਪ੍ਰੈ 06, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Sangli Sahakari Bank Limited, Mumbai, Maharashtra - Extension of Period
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S2322/12-07-005/2022-23 dated July 07, 2022., had placed Sangli Sahakari Bank Limited, Mumbai, Maharashtra under Directions from the close of business on July 08, 2022, for a period of six months. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in the exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S2322/12-07-005/2022-23 dated July 07, 2022., had placed Sangli Sahakari Bank Limited, Mumbai, Maharashtra under Directions from the close of business on July 08, 2022, for a period of six months. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in the exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act
ਅਪ੍ਰੈ 06, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Ramgarhia Co-operative Bank Ltd, New Delhi - Extension of Period
The Reserve Bank of India, vide directive DEL.DOS.EXG_SSM No. S515/12-10-013/2022-23 dated July 07, 2022., had placed Ramgarhia Co-operative Bank Ltd, New Delhi – under Directions from the close of business on July 08, 2022, for a period of six months up to January 08, 2023, the validity of which was extended up to April 08, 2023 vide directive DOR.MON.D-54/12.28.115/2022-23 dated January 06, 2023. 2. The Reserve Bank of India, in exercise of the powers vested in it u
The Reserve Bank of India, vide directive DEL.DOS.EXG_SSM No. S515/12-10-013/2022-23 dated July 07, 2022., had placed Ramgarhia Co-operative Bank Ltd, New Delhi – under Directions from the close of business on July 08, 2022, for a period of six months up to January 08, 2023, the validity of which was extended up to April 08, 2023 vide directive DOR.MON.D-54/12.28.115/2022-23 dated January 06, 2023. 2. The Reserve Bank of India, in exercise of the powers vested in it u
ਮਾਰਚ 10, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Pune Sahakari Bank Ltd., Shivajinagar, Pune
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.SED.No.S8240/12-22-493/2022-2023 dated March 09, 2023, has issued certain Directions to Pune Sahakari Bank Ltd., Shivajinagar, Pune, whereby, as from the close of business on March 10, 2
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.SED.No.S8240/12-22-493/2022-2023 dated March 09, 2023, has issued certain Directions to Pune Sahakari Bank Ltd., Shivajinagar, Pune, whereby, as from the close of business on March 10, 2
ਮਾਰਚ 10, 2023
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 08, 2022 for three months up to March 09, 2023, subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise
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 08, 2022 for three months up to March 09, 2023, subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise
ਮਾਰਚ 10, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Defence Accounts Co-operative Bank Ltd., Pune
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.SED.No.S8241/12-22-316/2022-2023 dated March 09, 2023, has issued certain Directions to Defence Accounts Co-operative Bank Ltd., Pune, whereby, as from the close of business on March 10,
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.SED.No.S8241/12-22-316/2022-2023 dated March 09, 2023, has issued certain Directions to Defence Accounts Co-operative Bank Ltd., Pune, whereby, as from the close of business on March 10,
ਮਾਰਚ 10, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) -Imperial Urban Co-operative Bank Limited, Jalandhar, Punjab
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.CDG.DOS.RSG.No.S1645/16-03-46/2022-23 dated March 09, 2023, has issued certain Directions to Imperial Urban Cooperative Bank Ltd., Jalandhar, whereby, as from the close of business on March 10,
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.CDG.DOS.RSG.No.S1645/16-03-46/2022-23 dated March 09, 2023, has issued certain Directions to Imperial Urban Cooperative Bank Ltd., Jalandhar, whereby, as from the close of business on March 10,
ਮਾਰਚ 10, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - The Hiriyur Urban Co-operative Bank Ltd., Hiriyur, Chitradurga District
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.BLR.DOS.SSMS.No.S2333/12-14-075/2022-2023 dated March 09, 2023, has issued certain Directions to The Hiriyur Urban Co-operative Bank Ltd., Hiriyur, Chitradurga District, whereby, as from the cl
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.BLR.DOS.SSMS.No.S2333/12-14-075/2022-2023 dated March 09, 2023, has issued certain Directions to The Hiriyur Urban Co-operative Bank Ltd., Hiriyur, Chitradurga District, whereby, as from the cl
ਮਾਰਚ 10, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - National Mercantile Co-operative Bank Ltd., Lucknow (U.P)
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. LKO.DOS.SED.No.S875/10-03-759/2022-2023 dated March 09, 2023, has issued certain Directions to National Mercantile Co-operative Bank Ltd, Lucknow, whereby, as from the close of business on Ma
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. LKO.DOS.SED.No.S875/10-03-759/2022-2023 dated March 09, 2023, has issued certain Directions to National Mercantile Co-operative Bank Ltd, Lucknow, whereby, as from the close of business on Ma
ਮਾਰਚ 09, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Dwarkadas Mantri Nagari Sahakari Bank Ltd., Beed, Maharashtra - Extension of Period
The Reserve Bank of India issued Directions to Dwarkadas Mantri Nagari Sahakari Bank Ltd., Beed, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DoS.CO.NSUCBs-West/D-4/S3706/12.07.005/2021-22 dated March 9, 2022 which were extended from time to time, last being up to March 9, 2023, vide Directive DOR.MON/D-48/12.22.613/2022-23 dated December 8, 2022. 2. The Reserve Bank of India is satisfied that in the public inte
The Reserve Bank of India issued Directions to Dwarkadas Mantri Nagari Sahakari Bank Ltd., Beed, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DoS.CO.NSUCBs-West/D-4/S3706/12.07.005/2021-22 dated March 9, 2022 which were extended from time to time, last being up to March 9, 2023, vide Directive DOR.MON/D-48/12.22.613/2022-23 dated December 8, 2022. 2. The Reserve Bank of India is satisfied that in the public inte
ਮਾਰਚ 09, 2023
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 35A 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, 2023 for a period of one month, vide Directive DOR.MON/D-74/12.26.004/2022-23
The Reserve Bank of India issued Directions to The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala under section 35A 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, 2023 for a period of one month, vide Directive DOR.MON/D-74/12.26.004/2022-23
ਮਾਰਚ 06, 2023
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
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 extended from time-to-time, the last being up to March 06, 2023. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vest
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 extended from time-to-time, the last being up to March 06, 2023. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vest
ਮਾਰਚ 03, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - The Faiz Mercantile Cooperative Bank Ltd., Nasik
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. NGP.DOS.SSM 4.No.S1412/15-03-552/2022-2023 dated March 02, 2023, has issued certain Directions to The Faiz Mercantile Cooperative Bank Ltd., Nasik, whereby, as from the close of business on M
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. NGP.DOS.SSM 4.No.S1412/15-03-552/2022-2023 dated March 02, 2023, has issued certain Directions to The Faiz Mercantile Cooperative Bank Ltd., Nasik, whereby, as from the close of business on M
ਮਾਰਚ 03, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Banaras Merchantile Co-operative Bank Ltd., Varanasi (U.P)
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. LKO.DOS.SED.No.S850/10-03-030/2022-2023 dated March 02, 2023, has issued certain Directions to Banaras Merchantile Co-operative Bank Ltd., Varanasi, whereby, as from the close of business on
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. LKO.DOS.SED.No.S850/10-03-030/2022-2023 dated March 02, 2023, has issued certain Directions to Banaras Merchantile Co-operative Bank Ltd., Varanasi, whereby, as from the close of business on
ਮਾਰਚ 03, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Shree Mahalaxmi Mercantile Co-operative Bank Ltd., Dabhoi (Gujrat)
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. AMD.DOS.SSM.No.S1561/11-03-203/2022-2023 dated March 02, 2023, has issued certain Directions to Shree Mahalaxmi Mercantile Co-operative Bank Ltd., Dabhoi, 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. AMD.DOS.SSM.No.S1561/11-03-203/2022-2023 dated March 02, 2023, has issued certain Directions to Shree Mahalaxmi Mercantile Co-operative Bank Ltd., Dabhoi, whereby, as from the close of busine
ਮਾਰਚ 03, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Musiri Urban Co-operative Bank Ltd., Musiri
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. CHN.DOS.UCBs.No.S1135/12-01-849/2022-2023 dated March 02, 2023, has issued certain Directions to Musiri Urban Co-operative Bank Ltd., Musiri, whereby, as from the close of business on March 0
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. CHN.DOS.UCBs.No.S1135/12-01-849/2022-2023 dated March 02, 2023, has issued certain Directions to Musiri Urban Co-operative Bank Ltd., Musiri, whereby, as from the close of business on March 0
ਫ਼ਰ 28, 2023
Directions under Section 35A 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, 2023. 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, 2023. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers v
ਫ਼ਰ 28, 2023
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Harihareshwar Sahakari Bank Limited, Wai, Satara - Extension of period
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S1012/12-07-005/2022-2023 dated May 31, 2022, had placed Harihareshwar Sahakari Bank Limited, Wai, Satara under Directions from the close of business on 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 in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949, hereby directs that the af
The Reserve Bank of India, vide directive CO.DOS.DSD.No.S1012/12-07-005/2022-2023 dated May 31, 2022, had placed Harihareshwar Sahakari Bank Limited, Wai, Satara under Directions from the close of business on 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 in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949, hereby directs that the af
ਫ਼ਰ 24, 2023
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - HCBL Co-operative Bank Ltd., Lucknow (U.P)
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. LKO.DOS.SED.No.S842/10-12-133/2022-2023 dated February 23, 2023, has issued certain Directions to HCBL- Co-operative Bank Ltd, Lucknow, whereby, as from the close of business on February 24,
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. LKO.DOS.SED.No.S842/10-12-133/2022-2023 dated February 23, 2023, has issued certain Directions to HCBL- Co-operative Bank Ltd, Lucknow, whereby, as from the close of business on February 24,
ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਮੋਬਾਈਲ ਐਪਲੀਕੇਸ਼ਨ ਇੰਸਟਾਲ ਕਰੋ ਅਤੇ ਨਵੀਨਤਮ ਖਬਰਾਂ ਤੱਕ ਤੇਜ਼ ਐਕਸੈਸ ਪ੍ਰਾਪਤ ਕਰੋ!
ਪੇਜ ਅੰਤਿਮ ਅੱਪਡੇਟ ਦੀ ਤਾਰੀਖ: ਦਸੰਬਰ 03, 2024
