Press Releases - Regulating Co-operative Banking - ஆர்பிஐ - Reserve Bank of India
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செப். 26, 2019
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Punjab and Maharashtra Cooperative Bank Limited, Mumbai, Maharashtra - Relaxation in withdrawal limit of Deposit Accounts
Punjab and Maharashtra Cooperative Bank Ltd., Mumbai, Maharashtra, a Multi-State Urban Cooperative Bank has been placed under All-Inclusive Directions under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949 with effect from close of business on September 23, 2019 vide Directive DCBS.CO.BSD-1/D-1/12.22.183/19-20 dated September 23, 2019, in the interest of depositor protection. The Directions were necessitated on account of major f
Punjab and Maharashtra Cooperative Bank Ltd., Mumbai, Maharashtra, a Multi-State Urban Cooperative Bank has been placed under All-Inclusive Directions under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949 with effect from close of business on September 23, 2019 vide Directive DCBS.CO.BSD-1/D-1/12.22.183/19-20 dated September 23, 2019, in the interest of depositor protection. The Directions were necessitated on account of major f
செப். 25, 2019
RBI extends validity of the Directions issued to the U.P. Civil Secretariat Primary Co-operative Bank Ltd., Lucknow (Uttar Pradesh)
The Reserve Bank of India (RBI) has extended the Directions issued to the U.P. Civil Secretariat Primary Co-operative Bank Ltd., Lucknow for a period of six months from September 26, 2019 to March 25, 2020, subject to review. The bank has been under directions since September 25, 2018 vide directive dated September 19, 2018 issued under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). The validity of the directive, which was issued up to Sept
The Reserve Bank of India (RBI) has extended the Directions issued to the U.P. Civil Secretariat Primary Co-operative Bank Ltd., Lucknow for a period of six months from September 26, 2019 to March 25, 2020, subject to review. The bank has been under directions since September 25, 2018 vide directive dated September 19, 2018 issued under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). The validity of the directive, which was issued up to Sept
செப். 24, 2019
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Punjab and Maharashtra Cooperative Bank Limited, Mumbai, Maharashtra
The Reserve Bank of India (vide Directive dated September 23, 2019) has placed the Punjab and Maharashtra Cooperative Bank Limited, Mumbai, Maharashtra, under Directions. According to the Directions, depositors will be allowed to withdraw a sum not exceeding ₹ 1,000 (Rupees one thousand only) of the total balance in every savings bank account or current account or any other deposit account by whatever name called, subject to conditions stipulated in the RBI Directions
The Reserve Bank of India (vide Directive dated September 23, 2019) has placed the Punjab and Maharashtra Cooperative Bank Limited, Mumbai, Maharashtra, under Directions. According to the Directions, depositors will be allowed to withdraw a sum not exceeding ₹ 1,000 (Rupees one thousand only) of the total balance in every savings bank account or current account or any other deposit account by whatever name called, subject to conditions stipulated in the RBI Directions
செப். 18, 2019
Extension of Directions imposed on Vasantdada Nagari Sahakari Bank Limited, Osmanabad, Maharashtra
Reserve Bank of India, in the public interest, had issued directions to Vasantdada Nagari Sahakari Bank Ltd, Osmanabad, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS) from the close of business on November 13, 2017 which were subsequently extended up to September 13, 2019. Reserve Bank of India has now further extended the directions for one month from September 14, 2019 to October 13, 201
Reserve Bank of India, in the public interest, had issued directions to Vasantdada Nagari Sahakari Bank Ltd, Osmanabad, Maharashtra in exercise of powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS) from the close of business on November 13, 2017 which were subsequently extended up to September 13, 2019. Reserve Bank of India has now further extended the directions for one month from September 14, 2019 to October 13, 201
செப். 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 six months from September 18, 2019 to March 17, 2020, 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 six months from September 18, 2019 to March 17, 2020, subject
செப். 13, 2019
Reserve Bank of India imposes monetary penalty on The Goa Urban Co-operative Bank Ltd., Panaji (Goa)
The Reserve Bank of India (RBI) has imposed, by order dated September 11, 2019, monetary penalty of ₹5 lakh on The Goa Urban Co-operative Bank Ltd., Panaji (the bank) for non-compliance with directions issued by RBI with respect to Supervisory Action Framework (SAF). The 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) and Section 56 of the Banking Regulation Act, 1949, taking into accoun
The Reserve Bank of India (RBI) has imposed, by order dated September 11, 2019, monetary penalty of ₹5 lakh on The Goa Urban Co-operative Bank Ltd., Panaji (the bank) for non-compliance with directions issued by RBI with respect to Supervisory Action Framework (SAF). The 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) and Section 56 of the Banking Regulation Act, 1949, taking into accoun
செப். 13, 2019
Reserve Bank of India imposes monetary penalty on The Mehmadabad Urban Peoples Co-operative Bank Ltd., Mehmadabad
The Reserve Bank of India (RBI) has imposed, by order dated September 11, 2019, monetary penalty of ₹2 lakh on the Mehmadabad Urban Peoples Co-operative Bank Ltd., Mehmadabad (the Bank) for non-compliance with directions issued by RBI on sanction of loans and advances to directors and KYC norms/ AML standards. The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Reg
The Reserve Bank of India (RBI) has imposed, by order dated September 11, 2019, monetary penalty of ₹2 lakh on the Mehmadabad Urban Peoples Co-operative Bank Ltd., Mehmadabad (the Bank) for non-compliance with directions issued by RBI on sanction of loans and advances to directors and KYC norms/ AML standards. The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Reg
செப். 11, 2019
Indian Mercantile Co-operative Bank Ltd., Lucknow, Uttar Pradesh Withdrawal of Directions issued by the Reserve Bank of India
The Reserve Bank of India had issued directions under Section 35A of the Banking Regulation Act, 1949 (as applicable to co-operative societies) to Indian Mercantile Co-operative Bank Ltd., Lucknow, Uttar Pradesh vide directive dated June 04, 2014. Directions imposed were extended and modified from time to time, last such extension being up to September 11, 2019 vide Directive dated March 05, 2019. Reserve Bank, on being satisfied that in the public interest it is nece
The Reserve Bank of India had issued directions under Section 35A of the Banking Regulation Act, 1949 (as applicable to co-operative societies) to Indian Mercantile Co-operative Bank Ltd., Lucknow, Uttar Pradesh vide directive dated June 04, 2014. Directions imposed were extended and modified from time to time, last such extension being up to September 11, 2019 vide Directive dated March 05, 2019. Reserve Bank, on being satisfied that in the public interest it is nece
செப். 10, 2019
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS)-The Karad Janata Sahakari Bank Ltd., Karad, Maharashtra - Extension of period
The Karad Janata Sahakari Bank Ltd., Karad was placed under directions vide directive DCBS.CO.BSD-1/D-4/12.22.126/2017-18 dated November 7, 2017 from the close of business on November 9, 2017 for a period of six months. The validity of the above directions were extended from time to time last being vide Directive DCBR.CO.AID/No.D-36/12.22.126/2018-19 dated March 07, 2019 up to September 09, 2019. 2. It is hereby notified for the information of the public that, the Res
The Karad Janata Sahakari Bank Ltd., Karad was placed under directions vide directive DCBS.CO.BSD-1/D-4/12.22.126/2017-18 dated November 7, 2017 from the close of business on November 9, 2017 for a period of six months. The validity of the above directions were extended from time to time last being vide Directive DCBR.CO.AID/No.D-36/12.22.126/2018-19 dated March 07, 2019 up to September 09, 2019. 2. It is hereby notified for the information of the public that, the Res
செப். 03, 2019
Bidar Mahila Urban Co-operative Bank Ltd., Bidar - Extension of All Inclusive Directions under Section 35A of the Banking Regulation Act, 1949(AACS)
It is hereby notified for information of public that the Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of Directive dated February 21, 2019, issued to Bidar Mahila Urban Co-operative Bank Ltd., Bidar, Karnataka. Accordingly, the Reserve Bank of India, in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act,1949 (As Applicable to Cooperative Societies), her
It is hereby notified for information of public that the Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of Directive dated February 21, 2019, issued to Bidar Mahila Urban Co-operative Bank Ltd., Bidar, Karnataka. Accordingly, the Reserve Bank of India, in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act,1949 (As Applicable to Cooperative Societies), her
கடைசியாக புதுப்பிக்கப்பட்ட பக்கம்: நவம்பர் 22, 2024