Press Releases - Regulating Co-operative Banking - ربی - Reserve Bank of India
پریس اعلانیہ
فروری 16, 2010
Reserve Bank Cancels the Licence of the Chadchan Shree Sangameshwar Urban Co-operative Bank Ltd., Chadchan, Karnataka
In view of the fact that the Chadchan Shree Sangameshwar Urban Co-operative Bank Ltd., Chadchan (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on February 13, 2010. The Registrar of Co-operative Soci
In view of the fact that the Chadchan Shree Sangameshwar Urban Co-operative Bank Ltd., Chadchan (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on February 13, 2010. The Registrar of Co-operative Soci
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فروری 10, 2010
RBI Releases Draft Circular on Base Rate for Banks
The Reserve Bank of India today released on its website, Draft Circular on the Base Rate system for comments and feedback. Comments/feedback on the proposals contained in the draft circular may please be sent by February 17, 2010 by email or by fax to 022-22610430 or to the Adviser-in-Charge, Monetary Policy Department, Reserve Bank of India, Central Office Building, 24th Floor, S.B. Singh Marg, Mumbai-400001. It may be recalled that the Reserve Bank had constituted a
The Reserve Bank of India today released on its website, Draft Circular on the Base Rate system for comments and feedback. Comments/feedback on the proposals contained in the draft circular may please be sent by February 17, 2010 by email or by fax to 022-22610430 or to the Adviser-in-Charge, Monetary Policy Department, Reserve Bank of India, Central Office Building, 24th Floor, S.B. Singh Marg, Mumbai-400001. It may be recalled that the Reserve Bank had constituted a
فروری 10, 2010
Reserve Bank Rejects application for Licence of Rajwade Mandal Peoples' Co- operative Bank Ltd., Dhule, District Dhule, Maharashtra
In view of the fact that The Rajwade Mandal People's Co-operative Bank Ltd., Dhule, District Dhule, Maharashtra had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order of rejecting application for licence to the bank after the close of business on 27 January, 2010. The Registrar of Co-operat
In view of the fact that The Rajwade Mandal People's Co-operative Bank Ltd., Dhule, District Dhule, Maharashtra had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order of rejecting application for licence to the bank after the close of business on 27 January, 2010. The Registrar of Co-operat
فروری 04, 2010
Reserve Bank Cancels the Licence of the Raichur Zilla Mahila Pattana Sahakara Bank Niyamitha, Raichur, Karnataka
In view of the fact that the Raichur Zilla Mahila Pattana Sahakara Bank Niyamitha, Raichur (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on January 29, 2010. The Registrar of Co-operative Societies,
In view of the fact that the Raichur Zilla Mahila Pattana Sahakara Bank Niyamitha, Raichur (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on January 29, 2010. The Registrar of Co-operative Societies,
جنوری 11, 2010
Reserve Bank Cancels the Licence of The Ahmedabad Peoples’ Co-operative Bank Ltd., Ahmedabad (Gujarat)
In view of the fact that The Ahmedabad Peoples’ Co-operative Bank Ltd., Ahmedabad (Gujarat), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on January 08, 2010. The Registrar of Co-operative Societies, Gujarat has also been
In view of the fact that The Ahmedabad Peoples’ Co-operative Bank Ltd., Ahmedabad (Gujarat), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on January 08, 2010. The Registrar of Co-operative Societies, Gujarat has also been
جنوری 11, 2010
Reserve Bank Cancels the Licence of Shri Laxmi Sahakari Bank Ltd., Sangamnagar (Khed),Satara.
In view of the fact that Shri Laxmi Sahakari Bank Ltd., Sangamnagar (Khed), Satara, (Maharashtra) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on January 5, 2010. The Registrar of Co-operative Societies, Maharashtra St
In view of the fact that Shri Laxmi Sahakari Bank Ltd., Sangamnagar (Khed), Satara, (Maharashtra) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on January 5, 2010. The Registrar of Co-operative Societies, Maharashtra St
جنوری 08, 2010
Reserve Bank Cancels the Licence of Shree Sinnar Vyapari Sahakari Bank Ltd., Sinnar (Maharashtra)
In view of the fact that Shree Sinnar Vyapari Sahakari Bank Ltd., Sinnar (Maharashtra), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on December 31, 2009. The Registrar of Co-operative Societies, Maharashtra State has
In view of the fact that Shree Sinnar Vyapari Sahakari Bank Ltd., Sinnar (Maharashtra), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on December 31, 2009. The Registrar of Co-operative Societies, Maharashtra State has
جنوری 04, 2010
Reserve Bank Cancels the Licence of The Cambay Hindu Merchants Co-operative Bank Ltd., Khambhat (Gujarat)
In view of the fact that The Cambay Hindu Merchants Co-operative Bank Ltd., Khambhat (Gujarat), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on December 30, 2009. The Registrar of Co-operative Societies, Gujarat has also b
In view of the fact that The Cambay Hindu Merchants Co-operative Bank Ltd., Khambhat (Gujarat), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on December 30, 2009. The Registrar of Co-operative Societies, Gujarat has also b
نومبر 17, 2009
RBI places Report of Working Group on Umbrella Organisation and Constitution of Revival Fund for Urban Cooperative Banks for comments
The Reserve Bank of India has today placed on its website, the report of the Working Group on Umbrella Organisation and Constitution of Revival Fund for Urban Cooperative Banks (UCBs). The Working Group (Chairman: Shri V.S. Das, Executive Director) had been constituted in July 2008 to study the structure of umbrella organisations of financial cooperative institutions / banks, as prevalent in other parts of the world, to examine the need and scope for a federated struc
The Reserve Bank of India has today placed on its website, the report of the Working Group on Umbrella Organisation and Constitution of Revival Fund for Urban Cooperative Banks (UCBs). The Working Group (Chairman: Shri V.S. Das, Executive Director) had been constituted in July 2008 to study the structure of umbrella organisations of financial cooperative institutions / banks, as prevalent in other parts of the world, to examine the need and scope for a federated struc
نومبر 13, 2009
Reserve Bank Cancels the Licence of Rajlaxmi Nagari Sahakari Bank Ltd., Dhule, District Dhule, Maharashtra
In view of the fact that Rajlaxmi Nagari Sahakari Bank Ltd., Dhule, District Dhule Maharashtra had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on October 27, 2009. The Registrar of Co-operative Societies, Maharashtra has
In view of the fact that Rajlaxmi Nagari Sahakari Bank Ltd., Dhule, District Dhule Maharashtra had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on October 27, 2009. The Registrar of Co-operative Societies, Maharashtra has
نومبر 12, 2009
Reserve Bank Cancels the Licence of Shri Kamdar Sahakari Bank Ltd., Bhavnagar
In view of the fact that Shri Kamdar Sahakari Bank Ltd., Bhavnagar, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on November 06, 2009. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an or
In view of the fact that Shri Kamdar Sahakari Bank Ltd., Bhavnagar, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on November 06, 2009. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an or
اکتوبر 26, 2009
Reserve Bank Cancels the Licence of Suvidha Mahila Nagrik Sahakari Bank Maryadit, Hoshangabad (M.P)
In view of the fact that Suvidha Mahila Nagrik Sahakari Bank Maryadit, Hoshangabad (M.P), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Madhya Pradesh had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on October 21, 2009. The Registrar of Co-operative Societies, Madhya Pradesh Stat
In view of the fact that Suvidha Mahila Nagrik Sahakari Bank Maryadit, Hoshangabad (M.P), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Madhya Pradesh had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on October 21, 2009. The Registrar of Co-operative Societies, Madhya Pradesh Stat
اکتوبر 22, 2009
Reserve Bank cancels the Licence of The Surat Mahila Nagrik Sahakari Bank Ltd., Surat (Gujarat)
In view of the fact that The Surat Mahila Nagrik Sahakari Bank Ltd., Surat had ceased to be solvent, the affairs of the bank were being conducted in a manner detrimental to the interests of the depositors and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on October 20,2009. The Registrar of Co-operative Societies, Gujarat has also been requ
In view of the fact that The Surat Mahila Nagrik Sahakari Bank Ltd., Surat had ceased to be solvent, the affairs of the bank were being conducted in a manner detrimental to the interests of the depositors and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on October 20,2009. The Registrar of Co-operative Societies, Gujarat has also been requ
ستمبر 16, 2009
Reserve Bank Cancels the Licence of The Nagpur Mahila Nagari Sahakari Bank Ltd, Nagpur (Maharashtra)
In view of the fact that The Nagpur Mahila Nagari Sahakari Bank Ltd, Nagpur, (Maharashtra) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on September 8, 2009. The Registrar of Co-operative Societies, Maharas
In view of the fact that The Nagpur Mahila Nagari Sahakari Bank Ltd, Nagpur, (Maharashtra) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on September 8, 2009. The Registrar of Co-operative Societies, Maharas
ستمبر 08, 2009
Reserve Bank Cancels the Licence of Surendranagar Peoples Co-operative Bank Ltd., Surendranagar (Gujarat)
In view of the fact that the Surendranagar Peoples Co-operative Bank Ltd., Surendranagar had ceased to be solvent, the affairs of the bank were being conducted in a manner detrimental to the interests of the depositors and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on September 4, 2009. The Registrar of Co-operative Societies, Gujarat ha
In view of the fact that the Surendranagar Peoples Co-operative Bank Ltd., Surendranagar had ceased to be solvent, the affairs of the bank were being conducted in a manner detrimental to the interests of the depositors and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on September 4, 2009. The Registrar of Co-operative Societies, Gujarat ha
اگست 06, 2009
The Arunachal Pradesh State Co-operative Apex Bank Ltd. - Penalised
The Reserve Bank of India has imposed a monetary penalty of Rs.5.00 lakh (Rupees Five Lakh only) on The Arunachal Pradesh State Co-operative Apex Bank Ltd., Arunachal Pradesh 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 granting unsecured loans to the bank's directors and their relatives, in contravention of Section 20(1)(b) of the
The Reserve Bank of India has imposed a monetary penalty of Rs.5.00 lakh (Rupees Five Lakh only) on The Arunachal Pradesh State Co-operative Apex Bank Ltd., Arunachal Pradesh 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 granting unsecured loans to the bank's directors and their relatives, in contravention of Section 20(1)(b) of the
جولائی 29, 2009
Reserve Bank Cancels the Licence of Yashwant Sahakari Bank Limited, Miraj, Dist. Sangli, Maharashtra
In view of the fact that Yashwant Sahakari Bank Limited, Miraj, Sangli, Maharashtra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on July 23, 2009. The Registrar of Co-operative Societies, Maharashtra has also been requ
In view of the fact that Yashwant Sahakari Bank Limited, Miraj, Sangli, Maharashtra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on July 23, 2009. The Registrar of Co-operative Societies, Maharashtra has also been requ
جولائی 22, 2009
Reserve Bank Cancels the Licence of Shri Parola Urban Co operative Bank Ltd., Parola, District Jalgaon, Maharashtra
In view of the fact that Shri Parola Urban Co operative Bank Ltd., Parola, District Jalgaon Maharashtra had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on July 10, 2009. The Registrar of Co-operative Societies, Maharashtr
In view of the fact that Shri Parola Urban Co operative Bank Ltd., Parola, District Jalgaon Maharashtra had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on July 10, 2009. The Registrar of Co-operative Societies, Maharashtr
جولائی 10, 2009
Reserve Bank Cancels the Licence of The Katkol Co-operative Bank Ltd., Katkol, Karnataka
In view of the fact that the Katkol Co-operative Bank Ltd., Katkol, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on July 03, 2009. The Registrar of Co-operative Societies, Karnataka has also been r
In view of the fact that the Katkol Co-operative Bank Ltd., Katkol, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on July 03, 2009. The Registrar of Co-operative Societies, Karnataka has also been r
جولائی 07, 2009
Reserve Bank Cancels the Licence of Prantij Nagrik Sahakari Bank Ltd., Prantij (Gujarat)
In view of the fact that the Prantij Nagrik Sahakari Bank Ltd., Prantij had ceased to be solvent, the affairs of the bank were being conducted in a manner detrimental to the interests of the depositors and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on June 30, 2009. The Registrar of Co-operative Societies, Gujarat has also been requested
In view of the fact that the Prantij Nagrik Sahakari Bank Ltd., Prantij had ceased to be solvent, the affairs of the bank were being conducted in a manner detrimental to the interests of the depositors and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on June 30, 2009. The Registrar of Co-operative Societies, Gujarat has also been requested
جون 22, 2009
Reserve Bank Cancels the Licence of The Akot Urban Co-operative Bank Ltd., Akot. (Maharashtra)
In view of the fact that The Akot Urban Co-operative Bank Ltd., Akot, (Maharashtra) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on June 20, 2009. The Registrar of Co-operative Societies, Maharashtra has al
In view of the fact that The Akot Urban Co-operative Bank Ltd., Akot, (Maharashtra) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on June 20, 2009. The Registrar of Co-operative Societies, Maharashtra has al
مئی 29, 2009
Reserve Bank Cancels the Licence of Citizen Co-operative Bank Ltd., Burhanpur
In view of the fact that Citizen Co-operative Bank Ltd., Burhanpur, (M.P), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Madhya Pradesh had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on May 27, 2009. The Registrar of Co-operative Societies, Madhya Pradesh State has also been re
In view of the fact that Citizen Co-operative Bank Ltd., Burhanpur, (M.P), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Madhya Pradesh had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on May 27, 2009. The Registrar of Co-operative Societies, Madhya Pradesh State has also been re
اپریل 20, 2009
Reserve Bank Cancels the Licence of Yashwant Urban Co-operative Bank Ltd., Parbhani, (Maharashtra)
In view of the fact that Yashwant Urban Co-operative Bank Ltd., Parbhani, (Maharashtra) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on April 18, 2009. The Registrar of Co-operative Societies, Maharashtra h
In view of the fact that Yashwant Urban Co-operative Bank Ltd., Parbhani, (Maharashtra) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on April 18, 2009. The Registrar of Co-operative Societies, Maharashtra h
مارچ 09, 2009
Reserve Bank Cancels the Licence of Deendayal Nagrik Sahakari Bank Maryadit, Khandwa, (M.P)
In view of the fact that Deendayal Nagrik Sahakari Bank Maryadit, Khandwa, (M.P) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Madhya Pradesh had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on March 4, 2009. The Registrar of Co-operative Societies, Madhya Pradesh State has also
In view of the fact that Deendayal Nagrik Sahakari Bank Maryadit, Khandwa, (M.P) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Madhya Pradesh had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on March 4, 2009. The Registrar of Co-operative Societies, Madhya Pradesh State has also
مارچ 05, 2009
Reserve Bank Cancels the Licence of The Haliyal Urban Co-operative Bank Ltd., Haliyal, Karnataka
In view of the fact that The Haliyal, Urban Co-operative Bank Ltd., Haliyal, Karnataka had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order rejecting its licence application to the bank after the close of business on February 26, 2009. The Registrar of Co-operative Societies, Karnataka has
In view of the fact that The Haliyal, Urban Co-operative Bank Ltd., Haliyal, Karnataka had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order rejecting its licence application to the bank after the close of business on February 26, 2009. The Registrar of Co-operative Societies, Karnataka has
مارچ 03, 2009
Mapusa Urban Co-operative Bank of Goa Ltd., Mapusa, Goa - Penalised
The Reserve Bank of India has imposed a monetary penalty of Rs.5.00 lakh (Rupees Five Lakh only) on Mapusa Urban Co-operative Bank of Goa Ltd., Mapusa, Goa 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 of the Reserve Bank of India's directives relating to maximum limits on unsecured advances and directions on lending operat
The Reserve Bank of India has imposed a monetary penalty of Rs.5.00 lakh (Rupees Five Lakh only) on Mapusa Urban Co-operative Bank of Goa Ltd., Mapusa, Goa 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 of the Reserve Bank of India's directives relating to maximum limits on unsecured advances and directions on lending operat
مارچ 02, 2009
Shahada Peoples Co-operative Bank Ltd., Near Dondaicha Road, Shahada, District Nandurbar - Penalised
The Reserve Bank of India has imposed a monetary penalty of Rs.1.00 lakh (Rupees One Lakh only) on Shahada Peoples Co-operative Bank Ltd., Near Dondaicha Road, Shahada, District Nandurbar 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 of the Reserve Bank of India's directives/guidelines. The bank had exceeded individual expo
The Reserve Bank of India has imposed a monetary penalty of Rs.1.00 lakh (Rupees One Lakh only) on Shahada Peoples Co-operative Bank Ltd., Near Dondaicha Road, Shahada, District Nandurbar 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 of the Reserve Bank of India's directives/guidelines. The bank had exceeded individual expo
فروری 25, 2009
Reserve Bank Cancels the Licence of Suvarna Nagari Sahakari Bank Ltd., Parbhani
In view of the fact that Suvarna Nagari Sahakari Bank Ltd., Parbhani, (Maharashtra) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on February 20, 2009 The Registrar of Co-operative Societies, Maharashtra has
In view of the fact that Suvarna Nagari Sahakari Bank Ltd., Parbhani, (Maharashtra) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on February 20, 2009 The Registrar of Co-operative Societies, Maharashtra has
فروری 24, 2009
Reserve Bank Cancels the Licence of Indira Sahakari Bank Ltd., Dhule, Maharashtra
In view of the fact that Indira Sahakari Bank Ltd., Dhule, Maharashtra had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on February 17, 2009. The Registrar of Co-operative Societies, Maharashtra has also been requested to
In view of the fact that Indira Sahakari Bank Ltd., Dhule, Maharashtra had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on February 17, 2009. The Registrar of Co-operative Societies, Maharashtra has also been requested to
فروری 04, 2009
RBI cancels Licence of Ajit Sahakari Bank Limited, Pune
In view of the fact that Ajit Sahakari Bank Limited, Pune, Maharashtra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence, to the bank after the close of business on January 28, 2009. The Registrar of Co-operative Societies, Maharashtra has also been requested to
In view of the fact that Ajit Sahakari Bank Limited, Pune, Maharashtra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence, to the bank after the close of business on January 28, 2009. The Registrar of Co-operative Societies, Maharashtra has also been requested to
فروری 03, 2009
RBI cancels the Licence of Sadhana Co-operative Bank Ltd., Maharashtra
The Reserve Bank of India has on January 22, 2009 cancelled the licence of Sadhana Co-operative Bank Ltd., Ichalkaranji, District Kolhapur, Maharashtra. The licence has been cancelled as the bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty. The Reserve Bank requested the Registrar of Co-operative Societies, Maharashtra to iss
The Reserve Bank of India has on January 22, 2009 cancelled the licence of Sadhana Co-operative Bank Ltd., Ichalkaranji, District Kolhapur, Maharashtra. The licence has been cancelled as the bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty. The Reserve Bank requested the Registrar of Co-operative Societies, Maharashtra to iss
جنوری 12, 2009
RBI cancels the Licence of Vasantdada Shetkari Sahakari Bank Limited, Maharashtra
The Reserve Bank of India has on January 7, 2009 cancelled the licence of Vasantdada Shetkari Sahakari Bank Limited, Sangli, Maharashtra. The licence has ben cancelled as the bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty. The Reserve Bank has requested the Registrar of Co-operative Societies, Maharashtra to issue an order
The Reserve Bank of India has on January 7, 2009 cancelled the licence of Vasantdada Shetkari Sahakari Bank Limited, Sangli, Maharashtra. The licence has ben cancelled as the bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty. The Reserve Bank has requested the Registrar of Co-operative Societies, Maharashtra to issue an order
جنوری 01, 2009
RBI cancels Licence of Shri P.K. Anna Patil Janata Sahakari Bank Ltd., Maharashtra
The Reserve Bank of India (RBI) has, on December 29, 2008, cancelled the licence of Shri P.K.Anna Patil Janata Sahakari Bank Ltd., District Nandurbar, Maharashtra. The licence has been cancelled as the bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty. The Reserve Bank has requested the Registrar of Co-operative Societies, Mah
The Reserve Bank of India (RBI) has, on December 29, 2008, cancelled the licence of Shri P.K.Anna Patil Janata Sahakari Bank Ltd., District Nandurbar, Maharashtra. The licence has been cancelled as the bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty. The Reserve Bank has requested the Registrar of Co-operative Societies, Mah
دسمبر 18, 2008
Reserve Bank Cancels the Licence of Goregaon Co-operative Urban Bank Ltd., Goregaon, District Raigad, Maharashtra
In view of the fact that the Goregaon Co-operative Urban Bank Ltd., Goregaon, District Raigad, Maharashtra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on December 2, 2008. The Registrar of Co-operative Societies, Mah
In view of the fact that the Goregaon Co-operative Urban Bank Ltd., Goregaon, District Raigad, Maharashtra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on December 2, 2008. The Registrar of Co-operative Societies, Mah
دسمبر 17, 2008
Reserve Bank Cancels the Licence of Shri Siddhi Venkatesh Sahakari Bank Ltd., Jalgaon, Maharashtra
In view of the fact that Shri Siddhi Venkatesh Sahakari Bank Ltd., Jalgaon, Maharashtra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on December 06, 2008. The Registrar of Co-operative Societies, Maharashtra has also b
In view of the fact that Shri Siddhi Venkatesh Sahakari Bank Ltd., Jalgaon, Maharashtra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on December 06, 2008. The Registrar of Co-operative Societies, Maharashtra has also b
دسمبر 16, 2008
Reserve Bank Cancels the Licence of Chalisgaon People's Co-operative Bank Ltd.,
Chalisgaon, District Jalgaon, Maharashtra
Chalisgaon, District Jalgaon, Maharashtra
In view of the fact that Chalisgaon People's Co-operaftive Bank Ltd., Chalisgaon, District Jalgaon, Maharashtra had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on December 03, 2008. The Registrar of Co-operative Societies
In view of the fact that Chalisgaon People's Co-operaftive Bank Ltd., Chalisgaon, District Jalgaon, Maharashtra had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on December 03, 2008. The Registrar of Co-operative Societies
دسمبر 16, 2008
Reserve Bank Cancels the Licence of Faizpur Janata Sahakari Bank Ltd., Faizpur, District Jalgaon, Maharashtra
In view of the fact that Faizpur Janata Sahakari Bank Ltd., Faizpur, District Jalgaon, Maharashtra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on December 02, 2008. The Registrar of Co-operative Societies, Maharashtra
In view of the fact that Faizpur Janata Sahakari Bank Ltd., Faizpur, District Jalgaon, Maharashtra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on December 02, 2008. The Registrar of Co-operative Societies, Maharashtra
دسمبر 11, 2008
Licence of Siddhpur Commercial Co-operative Bank Ltd., Siddhpur - Cancelled
The Reserve Bank of India delivered the order cancelling the licence of Siddhpur Commercial Co-operative Bank Ltd., Siddhpur after the close of business on December 10, 2008. The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for winding
The Reserve Bank of India delivered the order cancelling the licence of Siddhpur Commercial Co-operative Bank Ltd., Siddhpur after the close of business on December 10, 2008. The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for winding
دسمبر 11, 2008
Licence of Bhavnagar Mercantile Co-operative Bank Ltd., Bhavnagar - Cancelled
The Reserve Bank of India delivered the order cancelling the licence of Bhavnagar Mercantile Co-operative Bank Ltd. Bhavnagar, after the close of business on December 10, 2008. The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors of the bank were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an ord
The Reserve Bank of India delivered the order cancelling the licence of Bhavnagar Mercantile Co-operative Bank Ltd. Bhavnagar, after the close of business on December 10, 2008. The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors of the bank were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an ord
نومبر 21, 2008
Licence of Shree Vardhaman Co-operative Bank Ltd., Bhavnagar - Cancelled
The Reserve Bank of India delivered the order cancelling the licence of the Shree Vardhaman Co-operative Bank Ltd., Bhavnagar after the close of business on November 20, 2008.The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for winding
The Reserve Bank of India delivered the order cancelling the licence of the Shree Vardhaman Co-operative Bank Ltd., Bhavnagar after the close of business on November 20, 2008.The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for winding
نومبر 20, 2008
Licence of The Ankleshwar Nagarik Sahakari Bank Ltd., Ankleshwar - Cancelled
The Reserve Bank of India delivered the order cancelling the licence of The Ankleshwar Nagarik Sahakari Bank Ltd., Ankleshwar, after the close of business on November 18, 2008. The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors of the bank were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an ord
The Reserve Bank of India delivered the order cancelling the licence of The Ankleshwar Nagarik Sahakari Bank Ltd., Ankleshwar, after the close of business on November 18, 2008. The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors of the bank were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an ord
نومبر 11, 2008
Reserve Bank Cancels the Licence of The Achalpur Urban Co-operative Bank Ltd, Amravati, (Maharashtra)
In view of the fact that The Achalpur Urban Co-operative Bank Ltd, Amravati, (Maharashtra) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on November 4, 2008. The Registrar of Co-operative Societies, Maharash
In view of the fact that The Achalpur Urban Co-operative Bank Ltd, Amravati, (Maharashtra) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on November 4, 2008. The Registrar of Co-operative Societies, Maharash
نومبر 07, 2008
Reserve Bank Cancels the Licence of Nutan Sahakari Bank Ltd., Vadodra
In view of the fact that Nutan Sahakari Bank Ltd., Vadodra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on November 05, 2008. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for
In view of the fact that Nutan Sahakari Bank Ltd., Vadodra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on November 05, 2008. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for
اکتوبر 27, 2008
Licence of Shri S.K.Patil Co-operative Bank Ltd., Kurundwad - Cancelled
The Reserve Bank of India delivered the order cancelling the licence of the Shri S.K.Patil Co-operative Bank Ltd., Kurundwad, District Kolhapur, Maharashtra after the close of business on October 25, 2008. The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors of the bank were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies (RCS), Maharash
The Reserve Bank of India delivered the order cancelling the licence of the Shri S.K.Patil Co-operative Bank Ltd., Kurundwad, District Kolhapur, Maharashtra after the close of business on October 25, 2008. The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors of the bank were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies (RCS), Maharash
اکتوبر 03, 2008
Licence application of The Bhadrak Co-op. Urban Bank Ltd. Bhadrak - Rejected
In view of the fact that The Bhadrak Co-op. Urban Bank Ltd, Bhadrak, Orissa had ceased to be solvent, all efforts to revive it had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order rejecting its application for issue of licence to carry on banking business after the close of business on September 25, 2008. The Registrar of Co-operative Societies, Orissa has also been requested to issue an order
In view of the fact that The Bhadrak Co-op. Urban Bank Ltd, Bhadrak, Orissa had ceased to be solvent, all efforts to revive it had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order rejecting its application for issue of licence to carry on banking business after the close of business on September 25, 2008. The Registrar of Co-operative Societies, Orissa has also been requested to issue an order
ستمبر 24, 2008
Licence of Rohe Ashtami Sahakari Urban Bank Ltd., Roha, Dist. Raigad Cancelled
The Reserve Bank of India cancelled the licence of The Rohe Ashtami Sahakari Urban Bank Ltd., Roha, Dist. Raigad, Maharashtra on September 9, 2008. The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies has also been requested to issue an order for winding up the bank and appoint a liqui
The Reserve Bank of India cancelled the licence of The Rohe Ashtami Sahakari Urban Bank Ltd., Roha, Dist. Raigad, Maharashtra on September 9, 2008. The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty. The Registrar of Co-operative Societies has also been requested to issue an order for winding up the bank and appoint a liqui
ستمبر 17, 2008
Licence of Sant Janabai Nagari Sahakari Bank Ltd, Gangakhed, Parbhani Cancelled
The Reserve Bank of India cancelled the licence of Sant Janabai Nagari Sahakari Bank Ltd, Gangakhed, Parbhani, Maharashtra, on September 5, 2008. The bank had ceased to be solvent and all efforts to revive it in close consultation with the Government of Maharashtra, had failed and the depositors were being inconvenienced by continued uncertainty. The Commissioner for Co-operation and Registrar of Co-operative Societies, Maharashtra, has also been requisitioned to issu
The Reserve Bank of India cancelled the licence of Sant Janabai Nagari Sahakari Bank Ltd, Gangakhed, Parbhani, Maharashtra, on September 5, 2008. The bank had ceased to be solvent and all efforts to revive it in close consultation with the Government of Maharashtra, had failed and the depositors were being inconvenienced by continued uncertainty. The Commissioner for Co-operation and Registrar of Co-operative Societies, Maharashtra, has also been requisitioned to issu
ستمبر 12, 2008
Licence of Dyanopasak Urban Co-operative Bank Ltd., Parbhani Cancelled
The Reserve Bank of India cancelled the licence of Dyanopasak Urban Co-operative Bank Ltd., Parbhani, Maharashtra on August 12, 2008. The bank had ceased to be solvent and all efforts to revive it in close consultation with the Government of Maharashtra, had failed and the depositors were being inconvenienced by continued uncertainty. The Commissioner for Co-operation and Registrar of Co-operative Societies, Maharashtra, has also been requisitioned to issue an order f
The Reserve Bank of India cancelled the licence of Dyanopasak Urban Co-operative Bank Ltd., Parbhani, Maharashtra on August 12, 2008. The bank had ceased to be solvent and all efforts to revive it in close consultation with the Government of Maharashtra, had failed and the depositors were being inconvenienced by continued uncertainty. The Commissioner for Co-operation and Registrar of Co-operative Societies, Maharashtra, has also been requisitioned to issue an order f
اگست 29, 2008
Reserve Bank Cancels the Licence of
Miraj Urban Co-operative Bank Limited, Miraj, Maharashtra
Miraj Urban Co-operative Bank Limited, Miraj, Maharashtra
In view of the fact that Miraj Urban Co-operative Bank Limited, Miraj, Maharashtra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on August 26, 2008. The Registrar of Co-operative Societies, Maharashtra has also been re
In view of the fact that Miraj Urban Co-operative Bank Limited, Miraj, Maharashtra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on August 26, 2008. The Registrar of Co-operative Societies, Maharashtra has also been re
اگست 20, 2008
Reserve Bank Cancels the Licence of The Anubhav Co-operative Bank Ltd., Basavakalyan, Karnataka
In view of the fact that the Anubhav Co-operative Bank Ltd., Basavakalyan, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on August 14, 2008. The Registrar of Co-operative Societies, Karnataka has al
In view of the fact that the Anubhav Co-operative Bank Ltd., Basavakalyan, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on August 14, 2008. The Registrar of Co-operative Societies, Karnataka has al
اگست 13, 2008
RBI places Reports of three Working Groups on its website for comments
The Reserve Bank of India has today placed on its website for public comments, reports of three Working Groups. These are : (i) Defraying Costs of ICT Solutions for Regional Rural Banks (RRBs); (ii) Technology Upgradation of Regional Rural Banks; and (iii) IT support for Urban Co-operative Banks. The setting up of the Working Groups was announced in the Mid-Term Review of the Annual Policy for 2007-08. The Working Group on Defraying Costs of ICT Solutions for Regional
The Reserve Bank of India has today placed on its website for public comments, reports of three Working Groups. These are : (i) Defraying Costs of ICT Solutions for Regional Rural Banks (RRBs); (ii) Technology Upgradation of Regional Rural Banks; and (iii) IT support for Urban Co-operative Banks. The setting up of the Working Groups was announced in the Mid-Term Review of the Annual Policy for 2007-08. The Working Group on Defraying Costs of ICT Solutions for Regional
جولائی 25, 2008
Licence of The Priyadarshini Mahila Sahakari Bank Ltd., Latur, Cancelled
The Reserve Bank of India cancelled the licence of The Priyadarshini Mahila Sahakari Bank Ltd., Latur, Maharashtra, which had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra, had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank on July 23, 2008. The Commissioner for Co-operation and Registrar of Co-operati
The Reserve Bank of India cancelled the licence of The Priyadarshini Mahila Sahakari Bank Ltd., Latur, Maharashtra, which had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra, had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank on July 23, 2008. The Commissioner for Co-operation and Registrar of Co-operati
جولائی 23, 2008
RBI Constitutes Working Group on Umbrella Organisation and Constitution of Revival Fund for UCBs
The Reserve Bank of India has constituted a working group under the Chairmanship of its Executive Director, Shri V.S Das, to suggest measures, including the appropriate regulatory and supervisory framework, to facilitate emergence of umbrella organisation(s) for the urban cooperative banking sector in each state. Further, and as opined by the Standing Advisory Committee for UCBs, the working group may also look into the issues concerning creation of Revival Fund for t
The Reserve Bank of India has constituted a working group under the Chairmanship of its Executive Director, Shri V.S Das, to suggest measures, including the appropriate regulatory and supervisory framework, to facilitate emergence of umbrella organisation(s) for the urban cooperative banking sector in each state. Further, and as opined by the Standing Advisory Committee for UCBs, the working group may also look into the issues concerning creation of Revival Fund for t
جون 25, 2008
Licence of Shri B.J.Khatal Janata Sahakari Bank Ltd., Sangamner, Cancelled
The Reserve Bank of India cancelled the licence of Shri B.J.Khatal Janata Sahakari Bank Ltd., Sangamner, Maharashtra after the close of business on June 11, 2008. The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertaintyThe Registrar of Co-operative Societies, Maharashtra has also been requested to issue an order for winding up th
The Reserve Bank of India cancelled the licence of Shri B.J.Khatal Janata Sahakari Bank Ltd., Sangamner, Maharashtra after the close of business on June 11, 2008. The bank had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertaintyThe Registrar of Co-operative Societies, Maharashtra has also been requested to issue an order for winding up th
فروری 26, 2008
Reserve Bank Cancels the Licence of The Bharuch Nagarik Sahakari Bank Ltd., Bharuch (Gujarat)
In view of the fact that the Bharuch Nagarik Sahakari Bank Ltd., Bharuch Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank on February 22, 2008. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for windin
In view of the fact that the Bharuch Nagarik Sahakari Bank Ltd., Bharuch Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank on February 22, 2008. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for windin
فروری 07, 2008
Reserve Bank Cancels the Licence of the Laxmeshwar Urban Co-operative Credit Bank Ltd, Laxmeshwar, Karnataka
In view of the fact that The Laxmeshwar Urban Co-operative Credit Bank Ltd, Laxmeshwar, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on February 05, 2008. The Registrar of Co-operative Societies, K
In view of the fact that The Laxmeshwar Urban Co-operative Credit Bank Ltd, Laxmeshwar, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on February 05, 2008. The Registrar of Co-operative Societies, K
فروری 05, 2008
Reserve Bank Cancels the Licence of Shree Janata Sahakara Bank Ltd., Radhanpur (Gujarat)
In view of the fact that Shree Janata Sahakara Bank Ltd., Radhanpur (Gujarat) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on January 31, 2008. The Registrar of Co-operative Societies, Gujarat has also been req
In view of the fact that Shree Janata Sahakara Bank Ltd., Radhanpur (Gujarat) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on January 31, 2008. The Registrar of Co-operative Societies, Gujarat has also been req
جنوری 31, 2008
Reserve Bank Cancels the Licence of the
Maratha Co-operative Bank Ltd., Hubli, Karnataka
Maratha Co-operative Bank Ltd., Hubli, Karnataka
In view of the fact that The Maratha Co-operative Bank Ltd., Hubli, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on January 29, 2008. The Registrar of Co-operative Societies, Karnataka has also bee
In view of the fact that The Maratha Co-operative Bank Ltd., Hubli, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on January 29, 2008. The Registrar of Co-operative Societies, Karnataka has also bee
جنوری 02, 2008
Reserve Bank Cancels the Licence of The Ravi Co-operative Bank Ltd., Kolhapur,Maharashtra
In view of the fact that The Ravi Co-operative Bank Ltd., Kolhapur, Maharashtra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on December 27, 2007. The Registrar of Co-operative Societies, Maharashtra has also been requ
In view of the fact that The Ravi Co-operative Bank Ltd., Kolhapur, Maharashtra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on December 27, 2007. The Registrar of Co-operative Societies, Maharashtra has also been requ
دسمبر 31, 2007
Reserve Bank Cancels the Licence of the Dakor Mahila Nagarik Sahakari Bank Ltd., Dakor (Gujarat)
In view of the fact that the Dakor Mahila Nagarik Sahakari Bank Ltd., Dakor Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank on December 29,2007. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for wind
In view of the fact that the Dakor Mahila Nagarik Sahakari Bank Ltd., Dakor Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank on December 29,2007. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for wind
دسمبر 28, 2007
Reserve Bank Cancels the Licence of the Talod Janata Sahakara Bank Ltd., Talod (Gujarat)
In view of the fact that The Talod Janata Sahakara Bank Ltd, Talod (Gujarat) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on December 27, 2007. The Registrar of Co-operative Societies, Gujarat has also been req
In view of the fact that The Talod Janata Sahakara Bank Ltd, Talod (Gujarat) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on December 27, 2007. The Registrar of Co-operative Societies, Gujarat has also been req
دسمبر 11, 2007
Shri Parola Urban Co-operative Bank Ltd.,Jalgaon, Maharashtra - Penalised
The Reserve Bank of India has imposed a monetary penalty of Rs.1.00 lakh (Rupees one lakh only) on Shri Parola Urban Co-operative Bank Ltd., Jalgaon, Maharashtra for violation of Reserve Bank of India's directive on credit exposure limits for individual/group borrowers and loans and advances to directors and their relatives respectively. The penalty was imposed in exercise of powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the
The Reserve Bank of India has imposed a monetary penalty of Rs.1.00 lakh (Rupees one lakh only) on Shri Parola Urban Co-operative Bank Ltd., Jalgaon, Maharashtra for violation of Reserve Bank of India's directive on credit exposure limits for individual/group borrowers and loans and advances to directors and their relatives respectively. The penalty was imposed in exercise of powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the
نومبر 07, 2007
Reserve Bank Cancels the Licence of The Hirekerur Urban Co-operative Bank Ltd, Hirekerur (Karnataka)
In view of the fact that The Hirekerur Urban Co-operative Bank Ltd., Hirekerur, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on November 07, 2007. The Registrar of Co-operative Societies, Karnataka
In view of the fact that The Hirekerur Urban Co-operative Bank Ltd., Hirekerur, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on November 07, 2007. The Registrar of Co-operative Societies, Karnataka
اکتوبر 30, 2007
Reserve Bank Cancels the Licence of The Urban Co-operative Bank Ltd.,
Siddapur, Dist. Uttara Kannada (Karnataka)
Siddapur, Dist. Uttara Kannada (Karnataka)
In view of the fact that The Urban Co-operative Bank Ltd., Siddapur, Dist. Uttara Kannada (Karnataka), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank on October 27, 2007. The Commissioner for Co-operation and Registrar of Co-operative Societies, Karna
In view of the fact that The Urban Co-operative Bank Ltd., Siddapur, Dist. Uttara Kannada (Karnataka), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank on October 27, 2007. The Commissioner for Co-operation and Registrar of Co-operative Societies, Karna
اکتوبر 08, 2007
Reserve Bank Cancels the Licence of the Indira Priyadarshini Mahila Nagrik Sahakari Bank Mydt., Chhattisgarh State
In view of the fact that the Indira Priyadarshini Mahila Nagrik Sahakari Bank Mydt., Chhattisgarh State, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Madhya Pradesh had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on October 3, 2007. The Registrar of Co-operative Societies,
In view of the fact that the Indira Priyadarshini Mahila Nagrik Sahakari Bank Mydt., Chhattisgarh State, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Madhya Pradesh had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on October 3, 2007. The Registrar of Co-operative Societies,
ستمبر 18, 2007
Indira Sahakari Bank Ltd., Dhule, Maharastra - Penalised
The Reserve Bank of India has imposed a monetary penalty of Rs. 5.00 lakh (Rs. five lakh only) on the Indira Sahakari bank Ltd., Dhule, Maharastra for violation of Reserve bank of India's directive on credit exposure limits for individual/ group borrower. The penalty was imposed 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). The Reserv
The Reserve Bank of India has imposed a monetary penalty of Rs. 5.00 lakh (Rs. five lakh only) on the Indira Sahakari bank Ltd., Dhule, Maharastra for violation of Reserve bank of India's directive on credit exposure limits for individual/ group borrower. The penalty was imposed 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). The Reserv
جولائی 26, 2007
Reserve Bank imposes Penalty on Catholic Syrian Bank Ltd. for KYC Violations
The Reserve Bank of India has imposed a penalty of Rs.10 lakh (Rupees ten lakh only) on Catholic Syrian Bank Ltd. in exercise of the powers vested in RBI under the provisions of Section 47A(1)(b) of the Banking Regulation Act, 1949. Penalty of Rs.5 lakh (Rupees five lakh only) each has been imposed for the following violations:(i) non-adherence to KYC norms and AML standards while opening and operating certain accounts; and(ii) failure of bank's internal control syste
The Reserve Bank of India has imposed a penalty of Rs.10 lakh (Rupees ten lakh only) on Catholic Syrian Bank Ltd. in exercise of the powers vested in RBI under the provisions of Section 47A(1)(b) of the Banking Regulation Act, 1949. Penalty of Rs.5 lakh (Rupees five lakh only) each has been imposed for the following violations:(i) non-adherence to KYC norms and AML standards while opening and operating certain accounts; and(ii) failure of bank's internal control syste
جولائی 25, 2007
Reserve Bank Cancels the Licence of The Kittur Rani Channamma Mahila Pattana Sahakari Bank Niyamita, Hubli, Karnataka
In view of the fact that The Kittur Rani Channamma Mahila Pattana Sahakari Bank Niyamita, Hubli, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on July 19, 2007. The Registrar of Co-operative Societi
In view of the fact that The Kittur Rani Channamma Mahila Pattana Sahakari Bank Niyamita, Hubli, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on July 19, 2007. The Registrar of Co-operative Societi
جولائی 06, 2007
Shri P. K. Anna Patil Janata Sahakari Bank Ltd., Nandurbar, Maharashtra - Penalised
The Reserve Bank of India has imposed a monetary penalty of Rs. 5.00 lakh (Rs. five lakh only) on Shri P. K. Anna Patil Janata Sahakari Bank Ltd., Nandurbar, Maharashtra for violation of Reserve Bank of India's directive on limits on credit exposure to individual borrowers on unsecured advances to single borrower/connected group. The penalty was imposed in exercise of powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking
The Reserve Bank of India has imposed a monetary penalty of Rs. 5.00 lakh (Rs. five lakh only) on Shri P. K. Anna Patil Janata Sahakari Bank Ltd., Nandurbar, Maharashtra for violation of Reserve Bank of India's directive on limits on credit exposure to individual borrowers on unsecured advances to single borrower/connected group. The penalty was imposed in exercise of powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking
جون 21, 2007
Shri B.J.Khatal Janata Sahakari Bank Ltd., Sangamner, Maharashtra - Penalised
The Reserve Bank of India has imposed a monetary penalty of Rs.5.00 lakh (rupees five lakh only) on the Shri B.J.Khatal Janata Sahakari Bank Ltd., Sangamner, Maharashtra for violation of the Reserve Bank of India’s directives prohibiting loans and advances to directors and their relatives and the firms/companies/concerns in which they are interested with effect from the October 1, 2003. The penalty was imposed in exercise of powers vested
The Reserve Bank of India has imposed a monetary penalty of Rs.5.00 lakh (rupees five lakh only) on the Shri B.J.Khatal Janata Sahakari Bank Ltd., Sangamner, Maharashtra for violation of the Reserve Bank of India’s directives prohibiting loans and advances to directors and their relatives and the firms/companies/concerns in which they are interested with effect from the October 1, 2003. The penalty was imposed in exercise of powers vested
جون 19, 2007
The Kokan Mercantile Co-operative Bank Ltd., Mumbai, penalised
The Reserve Bank of India has, imposed a monetary penalty of Rs.1.00 lakh (Rupees One Lakh only) on the Kokan Mercantile Co-operative Bank Ltd., Mumbai, Maharashtra, for violating RBI directive on limits on credit exposure to single borrower/group of borrowers. The penalty was imposed 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).The Res
The Reserve Bank of India has, imposed a monetary penalty of Rs.1.00 lakh (Rupees One Lakh only) on the Kokan Mercantile Co-operative Bank Ltd., Mumbai, Maharashtra, for violating RBI directive on limits on credit exposure to single borrower/group of borrowers. The penalty was imposed 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).The Res
جون 05, 2007
Reserve Bank Cancels the Licence of the Parivartan Co-operative Bank Ltd., Mumbai (Maharashtra)
In view of the fact that Parivartan Co-operative Bank Ltd., Mumbai, Maharashtra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on June 4, 2007, delivered the order canceling its licence. The Registrar of Co-operative Societies, Maharashtra has also been requested to issue an order for winding up the
In view of the fact that Parivartan Co-operative Bank Ltd., Mumbai, Maharashtra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on June 4, 2007, delivered the order canceling its licence. The Registrar of Co-operative Societies, Maharashtra has also been requested to issue an order for winding up the
جون 01, 2007
RBI to shortly release Technical Paper on Differentiated Bank Licences
The Reserve Bank of India today stated that it will shortly place the Technical Paper on Differentiated Bank Licences on the RBI website for comments/suggestions. It may be recalled that on April 24, 2007, in the Annual Policy Statement for 2007-2008, the Governor, Reserve Bank of India announced (paragraph 185) that a technical paper on 'Differentiated Bank Licences' would be placed on the website by May 31, 2007. Alpana Killawala Chief General ManagerPress Release :
The Reserve Bank of India today stated that it will shortly place the Technical Paper on Differentiated Bank Licences on the RBI website for comments/suggestions. It may be recalled that on April 24, 2007, in the Annual Policy Statement for 2007-2008, the Governor, Reserve Bank of India announced (paragraph 185) that a technical paper on 'Differentiated Bank Licences' would be placed on the website by May 31, 2007. Alpana Killawala Chief General ManagerPress Release :
مئی 24, 2007
Reserve Bank Cancels the Licence of The Chetak Urban Co-operative Bank Ltd, Parbhani, (Maharashtra)
In view of the fact that The Chetak Urban Co-operative Bank Ltd, Parbhanl, (Maharashtra) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on May 19, 2007. The Registrar of Co-operative Societies, Maharashtra ha
In view of the fact that The Chetak Urban Co-operative Bank Ltd, Parbhanl, (Maharashtra) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on May 19, 2007. The Registrar of Co-operative Societies, Maharashtra ha
مئی 24, 2007
Deposits with Primary Agricultural Credit Societies not insured
Instances have come to the notice of the Reserve Bank of India where Primary Agricultural Credit Societies (PACS) in some States are engaged in banking business and using the word 'bank' in their names. The Reserve Bank of India clarifies in the public interest that it does not regulate the activities of the PACS, as they are not covered by the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), and that the deposits maintained with PACS are not in
Instances have come to the notice of the Reserve Bank of India where Primary Agricultural Credit Societies (PACS) in some States are engaged in banking business and using the word 'bank' in their names. The Reserve Bank of India clarifies in the public interest that it does not regulate the activities of the PACS, as they are not covered by the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), and that the deposits maintained with PACS are not in
اپریل 25, 2007
Reserve Bank imposes Penalty on SBICI Bank Ltd for KYC Violations
The Reserve Bank of India has imposed a penalty of Rs. 10 lakh (Rupees ten lakh only) on SBI Commercial and International Bank Ltd. in exercise of the powers vested in RBI under the provisions of Section 47A (1) (b) of the Banking Regulation Act, 1949. Penalty of Rs. 5 lakh (Rupees five lakh only) each has been imposed for the following two violations:(i) non adherence to KYC norms while opening and operating IPO related accounts and not completing KYC procedure for e
The Reserve Bank of India has imposed a penalty of Rs. 10 lakh (Rupees ten lakh only) on SBI Commercial and International Bank Ltd. in exercise of the powers vested in RBI under the provisions of Section 47A (1) (b) of the Banking Regulation Act, 1949. Penalty of Rs. 5 lakh (Rupees five lakh only) each has been imposed for the following two violations:(i) non adherence to KYC norms while opening and operating IPO related accounts and not completing KYC procedure for e
اپریل 24, 2007
Reserve Bank rejects the licence application of Varada Co-operative Bank Ltd., Karajagi, Haveri, Karnataka
In view of the fact that there is no improvement in the financial position of the Varada Co-operative Bank Ltd., Karajagi, Haveri, Karnataka and the affairs of the bank are being conducted in a manner detrimental to the interests of the depositors, the Reserve Bank of India is satisfied that the application dated March 31, 1998 of the bank for issue of licence to carry on banking business deserves to be rejected. The Reserve Bank of India delivered the order rejecting
In view of the fact that there is no improvement in the financial position of the Varada Co-operative Bank Ltd., Karajagi, Haveri, Karnataka and the affairs of the bank are being conducted in a manner detrimental to the interests of the depositors, the Reserve Bank of India is satisfied that the application dated March 31, 1998 of the bank for issue of licence to carry on banking business deserves to be rejected. The Reserve Bank of India delivered the order rejecting
اپریل 19, 2007
Reserve Bank Cancels the Licence of The Rahuta Union Co-operative Bank Ltd., 24 Parganas (North), West Bengal
In view of the fact that the Rahuta Union Co-operative Bank Ltd., 24 Parganas (North), West Bengal, had ceased to be solvent, all efforts to revive it in consultation with the Government of West Bengal had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank on April 16, 2007. The Registrar of Co-operative Societies, West Bengal has also been requested to issue an
In view of the fact that the Rahuta Union Co-operative Bank Ltd., 24 Parganas (North), West Bengal, had ceased to be solvent, all efforts to revive it in consultation with the Government of West Bengal had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank on April 16, 2007. The Registrar of Co-operative Societies, West Bengal has also been requested to issue an
اپریل 18, 2007
Sangli Bank Branches to function as ICICI Bank Branches
Consequent to the amalgamation of the Sangli Bank Ltd. with the ICICI Bank Ltd., all the branches of The Sangli Bank Ltd. shall function as branches of the ICICI Bank Ltd. from April 19, 2007. The Scheme of Amalgamation of The Sangli Bank Ltd. with the ICICI Bank Ltd. was sanctioned by the Reserve Bank of India In exercise of the powers contained in Sub-section (4) of Section 44A of the Banking Regulation Act, 1949 G. Raghuraj Deputy General ManagerPress Release : 200
Consequent to the amalgamation of the Sangli Bank Ltd. with the ICICI Bank Ltd., all the branches of The Sangli Bank Ltd. shall function as branches of the ICICI Bank Ltd. from April 19, 2007. The Scheme of Amalgamation of The Sangli Bank Ltd. with the ICICI Bank Ltd. was sanctioned by the Reserve Bank of India In exercise of the powers contained in Sub-section (4) of Section 44A of the Banking Regulation Act, 1949 G. Raghuraj Deputy General ManagerPress Release : 200
مارچ 30, 2007
Reserve Bank Cancels the Licence of Shri Balasheb Satbhai Merchants Co-operative Bank Ltd., Kopergaon, Ahmednagar (erstwhile The Kopergaon Taluka Merchants Co-operative Bank Ltd., Kopergaon)
In view of the fact that Shri Balasheb Satbhai Merchants Co-operative Bank Ltd., Kopergaon, Ahmednagar, Maharashtra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on March 29,2007, delivered the order canceling its licence. The Registrar of Co-operative Societies, Maharashtra has also been requested
In view of the fact that Shri Balasheb Satbhai Merchants Co-operative Bank Ltd., Kopergaon, Ahmednagar, Maharashtra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on March 29,2007, delivered the order canceling its licence. The Registrar of Co-operative Societies, Maharashtra has also been requested
مارچ 30, 2007
The Bharat Overseas Bank Ltd branches to operate as Indian Overseas Bank branches from April 3, 2007
The Government of India had, approved the Scheme of Transfer of Undertaking of The Bharat Overseas Bank Ltd to Indian Overseas Bank and the scheme of Transfer of Undertaking shall be effective as at the close of business on March 31, 2007. All the branches of The Bharat Overseas Bank Ltd will function as branches of Indian Overseas Bank thereafter. Customers, including depositors of The Bharat Overseas Bank Ltd., will be able to operate their accounts as customers of
The Government of India had, approved the Scheme of Transfer of Undertaking of The Bharat Overseas Bank Ltd to Indian Overseas Bank and the scheme of Transfer of Undertaking shall be effective as at the close of business on March 31, 2007. All the branches of The Bharat Overseas Bank Ltd will function as branches of Indian Overseas Bank thereafter. Customers, including depositors of The Bharat Overseas Bank Ltd., will be able to operate their accounts as customers of
مارچ 28, 2007
Reserve Bank cancels the Licence of The Anand Urban Co-operative Bank Ltd., Anand Gujarat
In view of the fact that the Anand Urban Co-operative Bank Ltd., Anand, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on March 27, 2007 delivered the Order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for winding u
In view of the fact that the Anand Urban Co-operative Bank Ltd., Anand, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on March 27, 2007 delivered the Order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for winding u
مارچ 07, 2007
Reserve Bank rejects the Licence Application of The Umreth Peoples Co-operative Bank Ltd., Umreth, Gujarat
In view of the fact that the Umreth Peoples Co-operative Bank Ltd., Umreth, Kheda, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on March 06, 2007 delivered the order rejecting its licence application to the bank for conducting banking business in India. The Registrar of Co-operative Societies,
In view of the fact that the Umreth Peoples Co-operative Bank Ltd., Umreth, Kheda, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on March 06, 2007 delivered the order rejecting its licence application to the bank for conducting banking business in India. The Registrar of Co-operative Societies,
مارچ 07, 2007
Reserve Bank Cancels the Licence of The Basavakalyan Pattana Sahakara Bank Niyamith, Basavakalyan, (Karnataka)
In view of the fact that The Basavakalyan Pattana Sahakara Bank Niyamith, Basavakalyan, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on March 5, 2007. The Registrar of Co-operative Societies, Karn
In view of the fact that The Basavakalyan Pattana Sahakara Bank Niyamith, Basavakalyan, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on March 5, 2007. The Registrar of Co-operative Societies, Karn
فروری 15, 2007
Reserve Bank cancels the Licence of The Adarsh Mahila Co-operative Bank Ltd, Mehsana, Gujarat
In view of the fact that the Adarsh Mahila Co-operative Bank Ltd., Mehsana, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on February 15, 2007 delivered the Order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for wi
In view of the fact that the Adarsh Mahila Co-operative Bank Ltd., Mehsana, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on February 15, 2007 delivered the Order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for wi
فروری 07, 2007
Reserve Bank cancels the Licence of The Sarvodaya Nagrik Sahakari Bank Ltd, Visnagar, Gujarat
In view of the fact that the Sarvodaya Nagrik Sahakari Bank Ltd., Visnagar, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on February 02, 2007 delivered the Order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for wi
In view of the fact that the Sarvodaya Nagrik Sahakari Bank Ltd., Visnagar, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on February 02, 2007 delivered the Order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for wi
فروری 06, 2007
Reserve Bank Cancels the Licence of The Rajkot Mahila Nagrik Sahakari Bank Ltd., Rajkot, Gujarat
In view of the fact that the Rajkot Mahila Nagrik Sahakari Bank Ltd., Rajkot, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on January 31, 2007 delivered the order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for w
In view of the fact that the Rajkot Mahila Nagrik Sahakari Bank Ltd., Rajkot, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on January 31, 2007 delivered the order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for w
فروری 05, 2007
Reserve Bank Cancels the Licence of The Harugeri Urban Co-operative Credit Bank Ltd., Harugeri, Karnataka
In view of the fact that the Harugeri Urban Co-operative Credit Bank Ltd., Harugeri, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on January 22, 2007. The Registrar of Co-operative Societies, Karna
In view of the fact that the Harugeri Urban Co-operative Credit Bank Ltd., Harugeri, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on January 22, 2007. The Registrar of Co-operative Societies, Karna
جنوری 19, 2007
Ministry of Agriculture, Government of India signs MoU with RBI for Multi-State Urban Co-operative Banks
Ministry of Agriculture, Government of India and the Reserve Bank of India, on January 16, 2007, signed a Memorandum of Understanding (MoU) with regard to Multi State Urban Co-operative Banks in the country. Consequent upon this, a Central level Task Force on Multi State Urban Co-operative Banks (TAFCUB) has been constituted. Shri N.S.Vishwanathan, Chief General Manager-in-Charge, Reserve Bank of India, Urban Banks Department, Central Office, Mumbai is the Chairman of
Ministry of Agriculture, Government of India and the Reserve Bank of India, on January 16, 2007, signed a Memorandum of Understanding (MoU) with regard to Multi State Urban Co-operative Banks in the country. Consequent upon this, a Central level Task Force on Multi State Urban Co-operative Banks (TAFCUB) has been constituted. Shri N.S.Vishwanathan, Chief General Manager-in-Charge, Reserve Bank of India, Urban Banks Department, Central Office, Mumbai is the Chairman of
دسمبر 11, 2006
Reserve Bank Cancels the Licence of The Karamsad Urban Co-operative Bank Ltd., Karamsad (Gujarat)
In view of the fact that the Karamsad Urban Co-operative Bank Ltd., Karamsad Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank on December 09, 2006. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for wi
In view of the fact that the Karamsad Urban Co-operative Bank Ltd., Karamsad Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank on December 09, 2006. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for wi
دسمبر 06, 2006
Reserve Bank Cancels the Licence of the Sindh Mercantile Co-op. Bank Ltd., Ahmedabad (Gujarat State)
In view of the fact that the Sindh Mercantile Co-op. Bank Ltd. (Gujarat) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on November 28, 2006. The Registrar of Co-operative Societies, Gujarat State has also been requested to
In view of the fact that the Sindh Mercantile Co-op. Bank Ltd. (Gujarat) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on November 28, 2006. The Registrar of Co-operative Societies, Gujarat State has also been requested to
نومبر 24, 2006
Reserve Bank Penalises Jamkhed Merchants Co-op.Bank Ltd., Jamkhed, Dist.Ahmednagar
The Reserve Bank of India has, 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) imposed a monetary penalty of Rs.5.00 lakh (rupees five lakh only) on the Jamkhed Merchants Co-operative Bank Ltd., Jamkhed, Dist. Ahmednagar for violation of the Reserve Bank of India’s directives dated October 1, 2003 prohibiting loans and advances to director
The Reserve Bank of India has, 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) imposed a monetary penalty of Rs.5.00 lakh (rupees five lakh only) on the Jamkhed Merchants Co-operative Bank Ltd., Jamkhed, Dist. Ahmednagar for violation of the Reserve Bank of India’s directives dated October 1, 2003 prohibiting loans and advances to director
نومبر 22, 2006
Report of the Working Group to examine issues relating to augmenting capital of UCBs
The Reserve Bank of India (RBI) today placed on its website (www.rbi.org.in) Report of the and to identify alternate instruments / avenues for augmenting their capital funds.The feedback can also be faxed to 91-22-24974030. The Group has identified four new instruments to enable the UCBs to raise long term capital/quasi capital funds. These are: (i) Unsecured, subordinated, non-convertible redeemable debentures/bonds, (ii) Special shares which are non-voting in nature
The Reserve Bank of India (RBI) today placed on its website (www.rbi.org.in) Report of the and to identify alternate instruments / avenues for augmenting their capital funds.The feedback can also be faxed to 91-22-24974030. The Group has identified four new instruments to enable the UCBs to raise long term capital/quasi capital funds. These are: (i) Unsecured, subordinated, non-convertible redeemable debentures/bonds, (ii) Special shares which are non-voting in nature
نومبر 21, 2006
Reserve Bank Cancels the Licence of The Urban Co-operative Bank Ltd., Dimapur (Nagaland)
In view of the fact that the Urban Co-operative Bank Ltd., Dimapur (Nagaland) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Nagaland had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on November 15, 2006. The Registrar of Co-operative Societies, Nagaland has also been requested to
In view of the fact that the Urban Co-operative Bank Ltd., Dimapur (Nagaland) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Nagaland had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on November 15, 2006. The Registrar of Co-operative Societies, Nagaland has also been requested to
اکتوبر 19, 2006
Reserve Bank Cancels the Licence of The Bharat Mercantile Co-operative Urban Bank Limited, Hyderabad (Andhra Pradesh
In view of the fact that the The Bharat Mercantile Co-operative Urban Bank Limited, Hyderabad (Andhra Pradesh) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Andhra Pradesh had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India (RBI) delivered the order, cancelling its licence to the bank after the close of business on October 17,2006. The Registrar of Co-
In view of the fact that the The Bharat Mercantile Co-operative Urban Bank Limited, Hyderabad (Andhra Pradesh) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Andhra Pradesh had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India (RBI) delivered the order, cancelling its licence to the bank after the close of business on October 17,2006. The Registrar of Co-
ستمبر 30, 2006
The United Western Bank Ltd. branches to operate as Industrial Development Bank of India Ltd. branches from October 3, 2006
The Government of India has today sanctioned the Scheme for the amalgamation of The United Western Bank Ltd. with Industrial Development Bank of India Ltd. The amalgamation will come into force on October 3, 2006. All the branches of The United Western Bank Ltd. will function as branches of Industrial Development Bank of India Ltd. with effect from this date. Customers, including depositors of The United Western Bank Ltd., will be able to operate their accounts as cus
The Government of India has today sanctioned the Scheme for the amalgamation of The United Western Bank Ltd. with Industrial Development Bank of India Ltd. The amalgamation will come into force on October 3, 2006. All the branches of The United Western Bank Ltd. will function as branches of Industrial Development Bank of India Ltd. with effect from this date. Customers, including depositors of The United Western Bank Ltd., will be able to operate their accounts as cus
ستمبر 01, 2006
The Ganesh Bank of Kurundwad Ltd. branches to operate as The Federal Bank Ltd. branches from September 2, 2006
The Government of India had, on January 24, 2006, sanctioned the Scheme of Amalgamation of The Ganesh Bank of Kurundwad Ltd. with The Federal Bank Ltd. However, the implementation of the Scheme of Amalgamation had been stayed in terms of the Bombay High Court orders dated January 27, 2006 and April 5, 2006 and the Supreme Court order dated May 1, 2006. The Supreme Court’s order dated August 28, 2006 has brought into force the said Scheme of Amalgamation. Accordingly,
The Government of India had, on January 24, 2006, sanctioned the Scheme of Amalgamation of The Ganesh Bank of Kurundwad Ltd. with The Federal Bank Ltd. However, the implementation of the Scheme of Amalgamation had been stayed in terms of the Bombay High Court orders dated January 27, 2006 and April 5, 2006 and the Supreme Court order dated May 1, 2006. The Supreme Court’s order dated August 28, 2006 has brought into force the said Scheme of Amalgamation. Accordingly,
اگست 17, 2006
Reserve Bank Cancels the Licence of The Kanyaka Parameshwari Mutually Aided Co-operative Urban Bank Ltd., Andhra Pradesh
In view of the fact that the The Kanyaka Parameshwari Mutually Aided Co-operative Urban Bank Ltd., Kukatpally, R.R. District, Andhra Pradesh had ceased to be solvent, all efforts to revive it in close consultation with the Government of Andhra Pradesh had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on August 16, 200
In view of the fact that the The Kanyaka Parameshwari Mutually Aided Co-operative Urban Bank Ltd., Kukatpally, R.R. District, Andhra Pradesh had ceased to be solvent, all efforts to revive it in close consultation with the Government of Andhra Pradesh had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on August 16, 200
اگست 03, 2006
Reserve Bank Cancels the Licence of the Challakere Urban Co-operative Bank Ltd., Challakere (Karnataka)
In view of the fact that the The Challakere Urban Co-operative Bank Ltd., Challakere (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on August 02, 2006. The Registrar of Co-operative Societies, Karna
In view of the fact that the The Challakere Urban Co-operative Bank Ltd., Challakere (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on August 02, 2006. The Registrar of Co-operative Societies, Karna
جولائی 28, 2006
Reserve Bank Cancels the Licence of Sri Sampige Siddeswara Urban Co-operative Bank Ltd., Chitradurga, (Karnataka)
In view of the fact that the Sri Sampige Siddeswara Urban Co-operative Bank Ltd., Chitradurga, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on July 26, 2006. The Registrar of Co-operative Societie
In view of the fact that the Sri Sampige Siddeswara Urban Co-operative Bank Ltd., Chitradurga, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order, canceling its licence to the bank after the close of business on July 26, 2006. The Registrar of Co-operative Societie
بھارت موبائل ایپلی کیشن کے ریزرو بینک کو انسٹال کریں اور تازہ ترین خبروں تک فوری رسائی حاصل کریں!
صفحے پر آخری اپ ڈیٹ: جون 07, 2025
