Press Releases - Regulating Co-operative Banking - ఆర్బిఐ - Reserve Bank of India
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సెప్టెం 30, 2015
Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) Brahmawart Commercial Co-operative Bank Ltd., Kanpur, Uttar Pradesh - Modification
The Reserve Bank of India has notified that in partial modification of its directive it has, vide directive dated September 23, 2015, relaxed the directions imposed on the Brahmawart Commercial Co-operative Bank Ltd., Kanpur Now, depositor will be allowed to withdraw up to ₹ 40,000/- (Rupees Forty Thousand only) per depositor (including ₹ 1,000/- wherever already allowed) subject to the conditions specified in the modified directive. All other provisions of the earlie
The Reserve Bank of India has notified that in partial modification of its directive it has, vide directive dated September 23, 2015, relaxed the directions imposed on the Brahmawart Commercial Co-operative Bank Ltd., Kanpur Now, depositor will be allowed to withdraw up to ₹ 40,000/- (Rupees Forty Thousand only) per depositor (including ₹ 1,000/- wherever already allowed) subject to the conditions specified in the modified directive. All other provisions of the earlie
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సెప్టెం 29, 2015
RBI further extends Directions issued to Shree Ganesh Sahakari Bank Ltd., Nashik, Maharashtra
The Reserve Bank of India notified that Shree Ganesh Sahakari Bank Ltd., Nashik was placed under directions for a period of six months vide directive No. UBD.CO.BSD-I/D-39/12.22.435/2012-13 dated April 01, 2013 under Section 35A of the Banking Regulation Act, 1949 (AACS). The validity of the aforesaid directive was extended four times for a period of six months each vide our directives dated September 23, 2013, March 27, 2014, September 17, 2014 and March 19, 2015 res
The Reserve Bank of India notified that Shree Ganesh Sahakari Bank Ltd., Nashik was placed under directions for a period of six months vide directive No. UBD.CO.BSD-I/D-39/12.22.435/2012-13 dated April 01, 2013 under Section 35A of the Banking Regulation Act, 1949 (AACS). The validity of the aforesaid directive was extended four times for a period of six months each vide our directives dated September 23, 2013, March 27, 2014, September 17, 2014 and March 19, 2015 res
సెప్టెం 23, 2015
RBI extends Directions issued to the Pioneer Urban Co-operative Bank Ltd., Lucknow, Uttar Pradesh till March 23, 2016
The Reserve Bank of India has extended Directions issued to the Pioneer Urban Co-operative Bank Ltd., Lucknow for a further period of six months from September 24, 2015 to March 23, 2016, subject to review. The bank has been under directions since March 24, 2015. According to the Directions, Pioneer Urban Co-operative Bank Ltd., Lucknow cannot and without prior approval of the Reserve Bank in writing grant or renew any loans and advances, make any investment, incur an
The Reserve Bank of India has extended Directions issued to the Pioneer Urban Co-operative Bank Ltd., Lucknow for a further period of six months from September 24, 2015 to March 23, 2016, subject to review. The bank has been under directions since March 24, 2015. According to the Directions, Pioneer Urban Co-operative Bank Ltd., Lucknow cannot and without prior approval of the Reserve Bank in writing grant or renew any loans and advances, make any investment, incur an
సెప్టెం 18, 2015
RBI imposes Monetary Penalty on The Kurmanchal Nagar Sahkari Bank Ltd., Nainital, Uttarakhand
The Reserve Bank of India has imposed a monetary penalty of ₹5.00 lakh (Rupees Five Lakh Only) on The Kurmanchal Nagar Sahkari Bank Ltd., Nainital, Uttarakhand, in exercise of the powers vested in it, under the provisions of Section 47-A (1) (b) read with Section 46 (4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of the directive/ guideline of the Reserve Bank of India on loans and advances to directors/their relatives/
The Reserve Bank of India has imposed a monetary penalty of ₹5.00 lakh (Rupees Five Lakh Only) on The Kurmanchal Nagar Sahkari Bank Ltd., Nainital, Uttarakhand, in exercise of the powers vested in it, under the provisions of Section 47-A (1) (b) read with Section 46 (4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of the directive/ guideline of the Reserve Bank of India on loans and advances to directors/their relatives/
సెప్టెం 14, 2015
RBI releases Primary (Urban) Co-operative Banks’ Outlook
The Reserve Bank of India today released the first volume of the annual publication titled ‘Primary (Urban) Co-operative Banks’ Outlook 2013-14’. It can be accessed at http://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications#!13. The publication has been brought out by the ‘Department of Co-operative Bank Supervision’ of the Reserve Bank of India. The publication covers the financial accounts of Scheduled and Non-Scheduled Primary (Urban) Co-operative Banks for the fina
The Reserve Bank of India today released the first volume of the annual publication titled ‘Primary (Urban) Co-operative Banks’ Outlook 2013-14’. It can be accessed at http://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications#!13. The publication has been brought out by the ‘Department of Co-operative Bank Supervision’ of the Reserve Bank of India. The publication covers the financial accounts of Scheduled and Non-Scheduled Primary (Urban) Co-operative Banks for the fina
సెప్టెం 10, 2015
RBI extends Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow, Uttar Pradesh till December 11, 2015
The Reserve Bank of India has extended the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow for a further period of three months from September 12, 2015 to December 11, 2015, subject to review. The bank has been under directions since June 12, 2014. According to the Directions, the Indian Mercantile Co-operative Bank Ltd., Lucknow cannot and without prior approval of the Reserve Bank in writing grant or renew any loans and advances, make any
The Reserve Bank of India has extended the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow for a further period of three months from September 12, 2015 to December 11, 2015, subject to review. The bank has been under directions since June 12, 2014. According to the Directions, the Indian Mercantile Co-operative Bank Ltd., Lucknow cannot and without prior approval of the Reserve Bank in writing grant or renew any loans and advances, make any
సెప్టెం 10, 2015
RBI further extends Directions issued to Shri Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, District - Pune, Maharashtra
Shri Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, District - Pune, Maharashtra was placed under directions for a period of six months vide directive UBD.CO.BSD-1 No./D-09/12.22.460/2014-15 dated September 10, 2014 from the close of business on September 12, 2014. The validity of the aforesaid directive was further extended for a period of six months vide directive dated March 04, 2015 from the close of business on March 11, 2015. It is hereby notified for
Shri Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, District - Pune, Maharashtra was placed under directions for a period of six months vide directive UBD.CO.BSD-1 No./D-09/12.22.460/2014-15 dated September 10, 2014 from the close of business on September 12, 2014. The validity of the aforesaid directive was further extended for a period of six months vide directive dated March 04, 2015 from the close of business on March 11, 2015. It is hereby notified for
సెప్టెం 09, 2015
RBI issues Directions to Shree Govardhansinghji Raghuvanshi Sahakari Bank Ltd., Nandurbar, Maharashtra
The Reserve Bank of India notified that in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India has issued certain Directions to Shree Govardhansinghji Raghuvanshi Sahakari Bank Ltd., Nandurbar, Maharashtra, whereby, as from the close of business on September 9, 2015, the aforesaid bank shall
The Reserve Bank of India notified that in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India has issued certain Directions to Shree Govardhansinghji Raghuvanshi Sahakari Bank Ltd., Nandurbar, Maharashtra, whereby, as from the close of business on September 9, 2015, the aforesaid bank shall
సెప్టెం 09, 2015
RBI issues Directions to Nashik Jilha Girna Sahakari Bank Ltd., Nashik, Maharashtra
The Reserve Bank of India notified that in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India has issued certain Directions to Nashik Jilha Girna Sahakari Bank Ltd., Nashik, Maharashtra, whereby, as from the close of business on September 9, 2015, the aforesaid bank shall not, without prior
The Reserve Bank of India notified that in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India has issued certain Directions to Nashik Jilha Girna Sahakari Bank Ltd., Nashik, Maharashtra, whereby, as from the close of business on September 9, 2015, the aforesaid bank shall not, without prior
సెప్టెం 09, 2015
RBI imposes Monetary Penalty on Sree Chaitanya Co-operative Bank Ltd., Nadia (West Bengal)
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000 (Rupees Fifty Thousand only) on Sree Chaitanya Co-operative Bank Ltd., Nadia (West Bengal), in exercise of powers vested in it under the provisions of Section 47A (1) (b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violation pertaining to non-publication/ non-submission of accounts and balance sheet. The Reserve Bank of India had issued a
The Reserve Bank of India has imposed a monetary penalty of ₹ 50,000 (Rupees Fifty Thousand only) on Sree Chaitanya Co-operative Bank Ltd., Nadia (West Bengal), in exercise of powers vested in it under the provisions of Section 47A (1) (b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violation pertaining to non-publication/ non-submission of accounts and balance sheet. The Reserve Bank of India had issued a
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