Press Releases - Regulating Co-operative Banking - ఆర్బిఐ - Reserve Bank of India
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ఆగ 17, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949, (AACS) - Padmashri Dr. Vithalrao Vikhe Patil Co-op. Bank Ltd., Nashik, Maharashtra - Extension of period
The Reserve Bank of India, in the public interest, had issued directions to the Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra 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 (AACS) from the close of business on May 19, 2018. These directions were modified from time to time, the validity of which was last extended up to August 17, 2022. These directions s
The Reserve Bank of India, in the public interest, had issued directions to the Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra 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 (AACS) from the close of business on May 19, 2018. These directions were modified from time to time, the validity of which was last extended up to August 17, 2022. These directions s
ఆగ 12, 2022
Outsourcing of Financial Services - Responsibilities of regulated entities employing Recovery Agents
The Reserve Bank of India has been addressing the issues relating to recovery agents (RAs) engaged by the Regulated Entities (REs), viz., Scheduled Commercial Banks, Non-Banking Financial Companies, etc., and the methods and practices being followed by these agents while undertaking loan recovery activities. The Reserve Bank of India, as part of guidelines on Fair Practices Code (FPC), has already advised REs that they should not resort to intimidation or harassment o
The Reserve Bank of India has been addressing the issues relating to recovery agents (RAs) engaged by the Regulated Entities (REs), viz., Scheduled Commercial Banks, Non-Banking Financial Companies, etc., and the methods and practices being followed by these agents while undertaking loan recovery activities. The Reserve Bank of India, as part of guidelines on Fair Practices Code (FPC), has already advised REs that they should not resort to intimidation or harassment o
ఆగ 10, 2022
RBI cancels the licence of Rupee Co-operative Bank Ltd, Pune
Today, the Reserve Bank of India (RBI), vide order dated August 08, 2022, has cancelled the licence of “Rupee Co-operative Bank Ltd, Pune”. In compliance to the Hon’ble High Court of Bombay order dated September 12, 2017 in Writ Petition No. 2938 of 2014 (Bank Employees Union, Pune vs. The State of Maharashtra & Ors.) with Writ Petition No. 9286 of 2017 (Naresh Vasant Raut & Ors. Vs. The State of Maharashtra & Ors), the order shall become effective after s
Today, the Reserve Bank of India (RBI), vide order dated August 08, 2022, has cancelled the licence of “Rupee Co-operative Bank Ltd, Pune”. In compliance to the Hon’ble High Court of Bombay order dated September 12, 2017 in Writ Petition No. 2938 of 2014 (Bank Employees Union, Pune vs. The State of Maharashtra & Ors.) with Writ Petition No. 9286 of 2017 (Naresh Vasant Raut & Ors. Vs. The State of Maharashtra & Ors), the order shall become effective after s
ఆగ 10, 2022
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - The Laxmi Co-operative Bank Limited, Solapur, Maharashtra - Extension of Period
The Reserve Bank of India, in the public interest, had issued directions to The Laxmi Co-operative Bank Limited, Solapur, Maharashtra 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 (AACS) vide Directive Dos.Co.UCBs-West/S1910/12.07.005/2021-22 dated November 12, 2021 as modified from time to time, last being vide Directive DOR.MON/D-08/12.22.134/2022-23 dated May 10, 2022 in terms of wh
The Reserve Bank of India, in the public interest, had issued directions to The Laxmi Co-operative Bank Limited, Solapur, Maharashtra 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 (AACS) vide Directive Dos.Co.UCBs-West/S1910/12.07.005/2021-22 dated November 12, 2021 as modified from time to time, last being vide Directive DOR.MON/D-08/12.22.134/2022-23 dated May 10, 2022 in terms of wh
ఆగ 05, 2022
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Babaji Date Mahila Sahakari Bank Limited, Yavatmal, Maharashtra - Extension of Period
The Reserve Bank of India, in the public interest, had issued directions to Babaji Date Mahila Sahakari Bank Limited, Yavatmal, Maharashtra 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 (AACS) vide Directive NGP.DOS.SSM-2NO.S-817/15.04.168/2021-22 dated November 8, 2021 as modified from time to time, last being vide Directive DOR.MON/D-06/12.28.088 dated May 6, 2022 in terms of which,
The Reserve Bank of India, in the public interest, had issued directions to Babaji Date Mahila Sahakari Bank Limited, Yavatmal, Maharashtra 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 (AACS) vide Directive NGP.DOS.SSM-2NO.S-817/15.04.168/2021-22 dated November 8, 2021 as modified from time to time, last being vide Directive DOR.MON/D-06/12.28.088 dated May 6, 2022 in terms of which,
జులై 29, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Durga Co-operative Urban Bank Ltd., Vijayawada
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. HYD.DOS.INSP4.No.S241/15-36-070/2022-2023 dated July 28, 2022, has issued certain Directions to Durga Co-operative Urban Bank Ltd., Vijayawada, whereby, as from the close of business on July
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. HYD.DOS.INSP4.No.S241/15-36-070/2022-2023 dated July 28, 2022, has issued certain Directions to Durga Co-operative Urban Bank Ltd., Vijayawada, whereby, as from the close of business on July
జులై 29, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Jaiprakash Narayan Nagari Sahakari Bank Ltd., Basmatnagar
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.S2723/12-07-005/2022-2023 dated July 28, 2022, has issued certain Directions to Jaiprakash Narayan Nagari Sahakari Bank Ltd., Basmatnagar, 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. CO.DOS.SED.No.S2723/12-07-005/2022-2023 dated July 28, 2022, has issued certain Directions to Jaiprakash Narayan Nagari Sahakari Bank Ltd., Basmatnagar, whereby, as from the close of business
జులై 29, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - The Karmala Urban Co-operative Bank Ltd., Solapur
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.S2729/12-07-005/2022-2023 dated July 29, 2022, has issued certain Directions to The Karmala Urban Co-operative Bank Ltd., Solapur, whereby, as from the close of business on July
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.S2729/12-07-005/2022-2023 dated July 29, 2022, has issued certain Directions to The Karmala Urban Co-operative Bank Ltd., Solapur, whereby, as from the close of business on July
జులై 28, 2022
Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Anjangaon Surji Nagari Sahakari Bank Ltd., Amravati
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.S2698/12-07-005/2022-2023 dated July 27, 2022, has issued certain Directions to Anjangaon Surji Nagari Sahakari Bank Ltd., Amravati (“the bank”), whereby, as from the close of b
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.S2698/12-07-005/2022-2023 dated July 27, 2022, has issued certain Directions to Anjangaon Surji Nagari Sahakari Bank Ltd., Amravati (“the bank”), whereby, as from the close of b
జులై 28, 2022
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 Limited, Sitapur
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.S257/10-12-414/2022-2023 dated July 27, 2022, has issued certain Directions to Urban Co-operative Bank Limited, Sitapur (“the bank”), 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.S257/10-12-414/2022-2023 dated July 27, 2022, has issued certain Directions to Urban Co-operative Bank Limited, Sitapur (“the bank”), whereby, as from the close of business on
పేజీ చివరిగా అప్డేట్ చేయబడిన తేదీ: ఆగస్టు 16, 2024