Press Releases - Consumer Education and Protection - ஆர்பிஐ - Reserve Bank of India
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மே 23, 2019
United India Co-operative Bank Ltd., Nagina, (U.P.) - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000/- (Rupees Fifty Thousand Only) on United India Co-operative Bank Ltd., Nagina, (U.P.) in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on Know Your Customer and submission of compliance to RBI Inspection Report. The Reserve Ban
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000/- (Rupees Fifty Thousand Only) on United India Co-operative Bank Ltd., Nagina, (U.P.) in exercise of powers vested in it under the provisions of Section 47A(1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of RBI Instructions/Guidelines on Know Your Customer and submission of compliance to RBI Inspection Report. The Reserve Ban
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மே 23, 2019
Marginal Cost of Funds Based Lending Rate (MCLR) for the month April 2019
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of April 2019. Ajit Prasad Assistant Adviser Press Release: 2018-2019/2746
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of April 2019. Ajit Prasad Assistant Adviser Press Release: 2018-2019/2746
மே 20, 2019
Directions issued to the Shivam Sahakari Bank Ltd., Ichalkaranji, Dist. - Kolhapur, Maharashtra - Extension of Period
The Reserve Bank of India (vide directive dated May 18, 2018) had placed the Shivam Sahakari Bank Ltd., Ichalkaranji, Dist : Kolhapur, Maharashtra, under Directions from the close of business on May 19, 2018. 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 of the Banking Regulation Act, 1949 read with Section 56 of the said Act, hereby directs that the afo
The Reserve Bank of India (vide directive dated May 18, 2018) had placed the Shivam Sahakari Bank Ltd., Ichalkaranji, Dist : Kolhapur, Maharashtra, under Directions from the close of business on May 19, 2018. 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 of the Banking Regulation Act, 1949 read with Section 56 of the said Act, hereby directs that the afo
மே 20, 2019
Issue of ₹10 Denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, Governor
The Reserve Bank of India will shortly issue ₹10 denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, Governor. The design of these notes is similar in all respects to ₹10 banknotes in Mahatma Gandhi (New) Series. All banknotes in the denomination of ₹10 issued by the Reserve Bank in the past will continue to be legal tender. Yogesh Dayal Chief General Manager Press Release : 2018-2019/2717
The Reserve Bank of India will shortly issue ₹10 denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, Governor. The design of these notes is similar in all respects to ₹10 banknotes in Mahatma Gandhi (New) Series. All banknotes in the denomination of ₹10 issued by the Reserve Bank in the past will continue to be legal tender. Yogesh Dayal Chief General Manager Press Release : 2018-2019/2717
மே 17, 2019
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Padmashri Dr. Vitthalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra - Extension of Period
Reserve Bank of India, in the public interest, had issued directions to Padmashri Dr. Vitthalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on May 19, 2018. Reserve Bank of India has now further extended the directions for a period of four months from May 19, 2019 to September 17, 2019, subject
Reserve Bank of India, in the public interest, had issued directions to Padmashri Dr. Vitthalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS) from the close of business on May 19, 2018. Reserve Bank of India has now further extended the directions for a period of four months from May 19, 2019 to September 17, 2019, subject
மே 14, 2019
The Jampeta Co-operative Town Bank Ltd., Jampeta, Rajamahendravaram, Andhra Pradesh - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000/- (Rupees Fifty Thousand only) on the Jampeta Co-operative Town Bank Ltd., Jampeta, Rajamahendravaram, Andhra Pradesh, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of Reserve Bank of India Directives/Instructions/Guidelines with regard to exchange
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000/- (Rupees Fifty Thousand only) on the Jampeta Co-operative Town Bank Ltd., Jampeta, Rajamahendravaram, Andhra Pradesh, in exercise of the powers vested in it under the provisions of Section 47A (1) (c) read with Section 46 (4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of Reserve Bank of India Directives/Instructions/Guidelines with regard to exchange
மே 13, 2019
Reserve Bank of India imposes monetary penalty on The Nainital Bank Limited
The Reserve Bank of India (RBI) has, by an order dated May 06, 2019, imposed a monetary penalty of ₹10 million on The Nainital Bank Limited (the bank) for its failure to fully automate NPA identification process despite specific direction issued by RBI in this regard. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, taking into account the failure
The Reserve Bank of India (RBI) has, by an order dated May 06, 2019, imposed a monetary penalty of ₹10 million on The Nainital Bank Limited (the bank) for its failure to fully automate NPA identification process despite specific direction issued by RBI in this regard. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, taking into account the failure
மே 13, 2019
Gomti Nagariya Sahkari Bank Ltd., Jaunpur, Uttar Pradesh -Withdrawal of Directions issued by the Reserve Bank of India
The Reserve Bank of India (RBI) had issued directions under Section 35A of the Banking Regulation Act, 1949 (as applicable to co-operative societies) to Gomti Nagariya Sahkari Bank Ltd., Jaunpur, Uttar Pradesh vide directive dated July 03, 2017. Directions imposed were extended and modified from time to time, last being up to May 10, 2019 vide Directive dated October 30, 2018. Reserve Bank, on being satisfied that in the public interest it is necessary to do so, in ex
The Reserve Bank of India (RBI) had issued directions under Section 35A of the Banking Regulation Act, 1949 (as applicable to co-operative societies) to Gomti Nagariya Sahkari Bank Ltd., Jaunpur, Uttar Pradesh vide directive dated July 03, 2017. Directions imposed were extended and modified from time to time, last being up to May 10, 2019 vide Directive dated October 30, 2018. Reserve Bank, on being satisfied that in the public interest it is necessary to do so, in ex
மே 10, 2019
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Millath Co-operative Bank Ltd., Davangere District, Karnataka
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act, 1949 read with Section 56 of the Banking Regulation Act, 1949 (AACS), the Reserve Bank of India has issued certain Directions to Millath Co-operative Bank Ltd, Davangere District, Karnataka whereby, as from the close of business on May 08, 2019, the aforesaid bank shall not, without prior approval of RBI in wri
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act, 1949 read with Section 56 of the Banking Regulation Act, 1949 (AACS), the Reserve Bank of India has issued certain Directions to Millath Co-operative Bank Ltd, Davangere District, Karnataka whereby, as from the close of business on May 08, 2019, the aforesaid bank shall not, without prior approval of RBI in wri
மே 10, 2019
RBI extends Directions issued to The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala for further 6 months
The Reserve Bank of India issued Directions to Adoor Co-operative Urban Bank Limited, Adoor under section 35A read with Section 56 of Banking Regulation Act,1949 vide Directive dated November 02, 2018 which were valid upto May 09, 2019. According to the Directions, depositors will be allowed to withdraw a sum not exceeding ₹ 2000 (Rupees Two Thousand only) of the total balance held in every savings bank or current account or any other deposit account by whatever name
The Reserve Bank of India issued Directions to Adoor Co-operative Urban Bank Limited, Adoor under section 35A read with Section 56 of Banking Regulation Act,1949 vide Directive dated November 02, 2018 which were valid upto May 09, 2019. According to the Directions, depositors will be allowed to withdraw a sum not exceeding ₹ 2000 (Rupees Two Thousand only) of the total balance held in every savings bank or current account or any other deposit account by whatever name
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