Press Releases - Consumer Education and Protection - ఆర్బిఐ - Reserve Bank of India
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జూన్ 04, 2019
Marginal Cost of Funds Based Lending Rate (MCLR) for the month May 2019
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of May 2019. Ajit Prasad Assistant Adviser Press Release : 2018-2019/2859
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of May 2019. Ajit Prasad Assistant Adviser Press Release : 2018-2019/2859
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మే 31, 2019
Financial Literacy Week 2019
The Financial Literacy Week is an initiative of RBI to promote awareness on key topics every year through a focused campaign. Financial Literacy Week 2019 will be observed from June 3-7 on the theme of “Farmers” and how they benefit by being a part of the formal banking system. Growth in agriculture is necessary for the overall economic growth & finance is an essential enabler for the same. RBI is actively involved in formulating policies that enhance the flow of
The Financial Literacy Week is an initiative of RBI to promote awareness on key topics every year through a focused campaign. Financial Literacy Week 2019 will be observed from June 3-7 on the theme of “Farmers” and how they benefit by being a part of the formal banking system. Growth in agriculture is necessary for the overall economic growth & finance is an essential enabler for the same. RBI is actively involved in formulating policies that enhance the flow of
మే 31, 2019
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - The CKP Co-operative Bank Ltd, Mumbai, Maharashtra
The CKP Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions vide directive dated April 30, 2014, from close of business on May 2, 2014. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive dated February 26, 2019 and was valid upto May 31, 2019 subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it un
The CKP Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions vide directive dated April 30, 2014, from close of business on May 2, 2014. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive dated February 26, 2019 and was valid upto May 31, 2019 subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in it un
మే 31, 2019
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Rupee Co-operative Bank Ltd, Pune, Maharashtra
Rupee Co-operative Bank Ltd, Pune, Maharashtra, was placed under directions vide directive dated February 21, 2013 from close of business on February 22, 2013. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive dated February 25, 2019 and was valid upto May 31, 2019, subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in
Rupee Co-operative Bank Ltd, Pune, Maharashtra, was placed under directions vide directive dated February 21, 2013 from close of business on February 22, 2013. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive dated February 25, 2019 and was valid upto May 31, 2019, subject to review. It is hereby notified for the information of the public that, the Reserve Bank of India, in exercise of powers vested in
మే 31, 2019
Ordnance Equipment Factory Prarambhik Sahkari Bank Ltd., Kanpur, (U.P.) - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 2,00,000/- (Rupees Two Lakh Only) on Ordnance Equipment Factory Prarambhik Sahkari Bank Ltd., Kanpur, (U.P.) in exercise of powers vested 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 relating to Prudential Norms on Inter-bank Gross and Counter Party Exposure Limits
The Reserve Bank of India has imposed a monetary penalty of ₹ 2,00,000/- (Rupees Two Lakh Only) on Ordnance Equipment Factory Prarambhik Sahkari Bank Ltd., Kanpur, (U.P.) in exercise of powers vested 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 relating to Prudential Norms on Inter-bank Gross and Counter Party Exposure Limits
మే 28, 2019
RBI cancels Certificate of Registration of 12 NBFCs
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Garnet Finance Limited Plot No. 1, Tirumala Enclave, Tirumalgherry, Secunderabad, Telangana-500 017 B-09.00162 May 24, 2003 April 04, 2019 2.
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sl. No. Name of the Company Registered Office address of the Company CoR No Date of issue of CoR Date of Cancellation of CoR 1. Garnet Finance Limited Plot No. 1, Tirumala Enclave, Tirumalgherry, Secunderabad, Telangana-500 017 B-09.00162 May 24, 2003 April 04, 2019 2.
మే 28, 2019
5 NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. Geera Finance Limited 302, Shaswat Complex, Near Hotel Kanak, Opp. Gujarat Colleg
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. Geera Finance Limited 302, Shaswat Complex, Near Hotel Kanak, Opp. Gujarat Colleg
మే 24, 2019
Sri Basaveshwar Co-operative Bank Ltd., Basavan Bagewadi, Bijapur, Karnataka - Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹ 1,00,000/- (Rupees one lakh only) on Sri Basaveshwar Co-operative Bank Ltd., Basavan Bagewadi, Bijapur, in exercise of the powers vested in it under the provisions of Section 47A read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violating RBI directives/guidelines by sanctioning loans to the director/relative of director of the bank. The Reserve Bank o
The Reserve Bank of India has imposed a monetary penalty of ₹ 1,00,000/- (Rupees one lakh only) on Sri Basaveshwar Co-operative Bank Ltd., Basavan Bagewadi, Bijapur, in exercise of the powers vested in it under the provisions of Section 47A read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violating RBI directives/guidelines by sanctioning loans to the director/relative of director of the bank. The Reserve Bank o
మే 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
మే 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
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