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Regulatory Actions Covered By This Website

RESERVE BANK OF INDIA

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 PERIOD COVERED
FROMTO/UPTIL
Asset Reconstruction Co. 01/08/1996 22/04/2024
Actions by RBI
Cancelled certificate of registration  
Reasons for Action
Surrendered certificate of registration  
Company/person 01/08/1996 22/04/2024
Actions by RBI
Designated as terrorists  
Reasons for Action
Involved in terrorism under unlawful activities (prevention) act, 1967  
Co-operative Banks 01/08/1996 22/04/2024
Actions by RBI
Cancelled banking license  
Cautioned public that RBI has not granted permission to carry out banking activities  
Directed not to be entered into any compromise or arrangement and sell, transfer or otherwise dispose of any of its properties or assets  
Directed not to disburse or agreed to disburse any payment whether in discharge of its liabilities and obligations or otherwise  
Directed registrar of co-operative societies to issue order for winding up of bank and appoint liquidator  
Entered into any compromise or arrangement and sell, transfer or otherwise dispose of any of its properties or assets except as notified in RBI directions dated 28/08/2014  
Imposed penalty  
Issued stay order to stop all transactions  
Placed under directions  
Placed under directions & inspection ordered  
Prohibited from accepting deposits  
Prohibited from carrying on 'banking business' including acceptance and repayment of deposit  
Prohibited from conducting banking business in under section 5(B) of the banking regulation act, 1949  
Prohibited from disbursing any payments (except to small depositors)  
Prohibited from granting/renewing any loans/advances  
Prohibited from incurring any liability including borrowal of funds/fresh deposits  
Prohibited from making any investment  
Prohibited from repaying deposits  
Prohibited from selling/transferring any properties/assets  
Rejection of application for banking license  
Restrained from granting or renewing any loan /advances, make any investment, incur any liabilities including borrowal of funds and acceptance of fresh deposits, disburse or agree to disburse any payment whether in discharge of its liabilities and obligations or otherwise, enter into any compromise or arrangement and sell, transfer or otherwise dispose of any of its properties or assets  
Restrained from granting or renewing any loan /advances, make investment, incur liabilities, borrow, deal in properties etc. without approval of RBI in writing  
Superseded board of directors  
Winding up of bank  
Reasons for Action
Accepted interest-free deposits accounts other than current account  
Allotted multiple customer identification codes to same customers  
Allowed intra-day overdrawals in several accounts  
Allowed limits beyond exposure ceiling  
Allowed operations and did not close several accounts open using otp based e-kyc in non-face-to-face mode, even after expiry of one year without conducting customer due diligence procedure  
Allowed premature withdrawal of fixed deposits despite directives/instructions/guidelines imposed by RBI u/s 36 (1) of the banking regulations act, 1949  
Allowed remission of debt in various borrowal accounts  
Allowed withdrawal from depositors more than prescribed limit  
Appointed a member on its board of management, who did not satisfy fit & proper criteria and did not reconstitute board of management within specified time despite specific direction issued by RBI  
Bought insurance policy for its employees from one of its directors who was also agent of insurance company  
Breached individual housing loan limit  
Breached limit of its investments included under htm category  
Breached limit on loans for repair for house  
Breached limit on unsecured advances and unsecured overdraft facilities  
Ceased to be solvent  
Collected fix penalty for shortfall in maintenance of minimum balance in saving bank accounts instead of proportionate to the extent of shortfall  
Conducted operations in a manner detrimental to the interest of present and future depositors and of public violating sections 22(3) (a) to 22(3)(E) and 24 of banking regulation act, 1949  
Conducted operations in a manner detrimental to the interest of present and future depositors violating section 11 and 22 (3) of banking regulation act, 1949  
Created floating charges on standard assets without prior approval of RBI  
Declared dividend without obtaining prior permission from RBI  
Default in maintenance of statutory liquidity ratio (slr)  
Defaulted in maintenance of Cash Reserve Ratio  
Deficiencies in regulatory compliance  
Delay in reporting cyber security incident  
Delay in reporting of credit information pertaining to certain eligible loan accounts to crilc reporting platform of RBI  
Delay in reporting of frauds to RBI and/or nabard  
Delay in submission of statutory/off-site surveillance system (oss) returns to RBI and/or nabard within prescribed timelines  
Delay in transfer of eligible funds to depositor education & awareness fund  
Delayed compliance of deficiencies as per RBI inspection  
Delayed filing of first information report (fir)  
Delayed submission of compliance to inspection report of RBI  
Did not adhere to “know your customer” directives/instructions/guidelines in opening and/or operating the accounts  
Did not adhere to anti money laundering (aml) directives/instructions/guidelines  
Did not adhere to certain directives/instructions/guidelines issued by RBI contained in reserve bank of india (interest rate on deposits) directives/instructions/guidelines, 2016  
Did not adhere to certain directives/instructions/guidelines issued by RBI under supervisory action framewark  
Did not adhere to clean note policy  
Did not adhere to deaf scheme  
Did not adhere to direction issued by RBI on transfer to reserve funds violating section 17(1) and 11(2)(B)(II) of banking regulation act, 1949  
Did not adhere to direction issued by RBI violating section 27 read with section 56 of banking regulation act, 1949  
Did not adhere to directives on risk categorization and fixation of threshold limits  
Did not adhere to directives pertaining to collection of third party account payee cheques  
Did not adhere to directives/instructions/guidelines for gold loan with bullet repayment option  
Did not adhere to directives/instructions/guidelines issued by RBI on atm-cum-debit cards to certain cash credit accounts holders  
Did not adhere to directives/instructions/guidelines issued by RBI on board of directors of urban co-operative banks (ucbs)  
Did not adhere to directives/instructions/guidelines issued by RBI on board of directors of urban co-operative banks (ucbs) in relation to director related loans  
Did not adhere to directives/instructions/guidelines issued by RBI on frauds monitoring and reporting mechanism  
Did not adhere to directives/instructions/guidelines issued by RBI on interest rate on deposits  
Did not adhere to directives/instructions/guidelines issued by RBI on lending for purchase of land for construction of commercial property  
Did not adhere to directives/instructions/guidelines issued by RBI on placement of deposits with other banks by primary (urban) co-operative banks (ucbs)  
Did not adhere to directives/instructions/guidelines issued by RBI on urban co-operative banks (ucbs)  
Did not adhere to directives/instructions/guidelines issued by RBI to grant of loans against security of gold jewellery  
Did not adhere to directives/instructions/guidelines issued by RBI/nabard on frauds monitoring and reporting mechanism within prescribed timeline  
Did not adhere to directives/instructions/guidelines of facility for generating alert report for cash transaction report (ctr)/suspicious transaction report (str)  
Did not adhere to directives/instructions/guidelines of RBI by allowing cash withdrawal of Rs.20 lakh after banking hours without approval of board of directors  
Did not adhere to directives/instructions/guidelines of RBI in relation to income recognition, asset classification and provisioning directives/instructions/guidelines  
Did not adhere to directives/instructions/guidelines of RBI in relation to income recognition, asset classification and provisioning recognition of loan impairment by state/central co-operative banks  
Did not adhere to directives/instructions/guidelines of RBI on “reserve bank of india (fraud classification and reporting by commercial banks and select fis) directives/instructions/guidelines, 2016”  
Did not adhere to directives/instructions/guidelines of RBI on acquisition of non-banking asset  
Did not adhere to directives/instructions/guidelines of RBI on audit committee of board  
Did not adhere to directives/instructions/guidelines of RBI on bank finance against shares and debentures of ucbs  
Did not adhere to directives/instructions/guidelines of RBI on bank’s total exposure to housing finance  
Did not adhere to directives/instructions/guidelines of RBI on basic cyber security framework and/or comprehensive cyber security framework for primary (urban) co-operative banks  
Did not adhere to directives/instructions/guidelines of RBI on breach of prescribed individual borrower exposure limit  
Did not adhere to directives/instructions/guidelines of RBI on carring out periodic review of risk categorisation of customers and/or accounts  
Did not adhere to directives/instructions/guidelines of RBI on carrying out periodic updation of “know your clients” of customers as per risk  
Did not adhere to directives/instructions/guidelines of RBI on carrying out periodic updation of “know your clients” of customers as per risk categorisation  
Did not adhere to directives/instructions/guidelines of RBI on ceiling on inter-bank deposits  
Did not adhere to directives/instructions/guidelines of RBI on classification and reporting of frauds  
Did not adhere to directives/instructions/guidelines of RBI on classification of investments into htm/afs/hft categories  
Did not adhere to directives/instructions/guidelines of RBI on creation of floating charges on assets without prior permission of RBI  
Did not adhere to directives/instructions/guidelines of RBI on credit exposure directives/instructions/guidelines on loans & advances  
Did not adhere to directives/instructions/guidelines of RBI on credit information companies (regulation) act, 2005  
Did not adhere to directives/instructions/guidelines of RBI on customer protection–limiting liability of customers in unauthorised electronic banking transactions  
Did not adhere to directives/instructions/guidelines of RBI on declaration and payment of dividend  
Did not adhere to directives/instructions/guidelines of RBI on declaration of dividend  
Did not adhere to directives/instructions/guidelines of RBI on delay in submission of compliance  
Did not adhere to directives/instructions/guidelines of RBI on delayed/non-submission of compliance to various irregularities  
Did not adhere to directives/instructions/guidelines of RBI on depositor education and awareness fund scheme, 2014  
Did not adhere to directives/instructions/guidelines of RBI on disclosure of monetary penalty in public domain  
Did not adhere to directives/instructions/guidelines of RBI on discounting/rediscounting of bills  
Did not adhere to directives/instructions/guidelines of RBI on disposal of non-banking assets  
Did not adhere to directives/instructions/guidelines of RBI on donations to trusts and institutions where directors and relatives hold position or interested  
Did not adhere to directives/instructions/guidelines of RBI on donations/contributions for public/charitable purposes out of profit of urban co-operative banks  
Did not adhere to directives/instructions/guidelines of RBI on exchange/acceptance of specified bank notes (sbns)  
Did not adhere to directives/instructions/guidelines of RBI on exposure directives/instructions/guidelines  
Did not adhere to directives/instructions/guidelines of RBI on exposure directives/instructions/guidelines and statutory/other restrictions  
Did not adhere to directives/instructions/guidelines of RBI on extension of fresh loans and advances carrying risk weights of 100% and above  
Did not adhere to directives/instructions/guidelines of RBI on finance against properties situated in unauthorized colonies  
Did not adhere to directives/instructions/guidelines of RBI on finance for housing schemes (ucbs)  
Did not adhere to directives/instructions/guidelines of RBI on giving donation exceeding prescribed limit  
Did not adhere to directives/instructions/guidelines of RBI on grant of unsecured loan and allowed frequent od in cc account beyond prescribed limit  
Did not adhere to directives/instructions/guidelines of RBI on granting loans for real estate purposes  
Did not adhere to directives/instructions/guidelines of RBI on group borrower limits  
Did not adhere to directives/instructions/guidelines of RBI on housing finance  
Did not adhere to directives/instructions/guidelines of RBI on housing, real estate & commercial real estate sector  
Did not adhere to directives/instructions/guidelines of RBI on income recognition and asset classification (irac) norms and frauds  
Did not adhere to directives/instructions/guidelines of RBI on individual shareholding ceiling of 5% of paid-up capital  
Did not adhere to directives/instructions/guidelines of RBI on individual unsecured advances exposure limit, group borrower limit and submission of compliance to RBI  
Did not adhere to directives/instructions/guidelines of RBI on individual unsecured exposure limit of Rs.2 lakh and non-remission of funds to depositor education and awareness fund  
Did not adhere to directives/instructions/guidelines of RBI on inspection & audit system in ucbs  
Did not adhere to directives/instructions/guidelines of RBI on inspection & other related matters  
Did not adhere to directives/instructions/guidelines of RBI on inspection compliance  
Did not adhere to directives/instructions/guidelines of RBI on installation of automated teller machine (atm)  
Did not adhere to directives/instructions/guidelines of RBI on inter-bank (gross) exposure limits  
Did not adhere to directives/instructions/guidelines of RBI on inter-bank (gross) exposure limit, inter-bank counter party limit and unsecured advances limit  
Did not adhere to directives/instructions/guidelines of RBI on investment and prudential limit on non-slr investment  
Did not adhere to directives/instructions/guidelines of RBI on lending to nominal members  
Did not adhere to directives/instructions/guidelines of RBI on levy of penal charges on non-maintenance of minimum balances in savings bank accounts  
Did not adhere to directives/instructions/guidelines of RBI on limiting quantum of housing loan that can be granted to individual borrower by a district central co-operative bank  
Did not adhere to directives/instructions/guidelines of RBI on linking of share capital to borrowings  
Did not adhere to directives/instructions/guidelines of RBI on loans & advances to directors etc as surety/guarantors classification of ucbs  
Did not adhere to directives/instructions/guidelines of RBI on loans and/or advances to directors and their relatives  
Did not adhere to directives/instructions/guidelines of RBI on maintenance of deposit accounts  
Did not adhere to directives/instructions/guidelines of RBI on making donation despite accumulated loss during previous year  
Did not adhere to directives/instructions/guidelines of RBI on management of advances  
Did not adhere to directives/instructions/guidelines of RBI on maximum limits on unsecured advances/loans  
Did not adhere to directives/instructions/guidelines of RBI on members holding paid up share capital limit in excess of stipulated limit  
Did not adhere to directives/instructions/guidelines of RBI on non-transfer of eligible funds to depositor education and awareness fund within prescribed period  
Did not adhere to directives/instructions/guidelines of RBI on non-transfer of eligible unclaimed deposits to depositor education & awareness fund within due date  
Did not adhere to directives/instructions/guidelines of RBI on offering of interest on deposits for various tenors at rates higher than reference rates  
Did not adhere to directives/instructions/guidelines of RBI on opening of new branch  
Did not adhere to directives/instructions/guidelines of RBI on opening of savings bank accounts  
Did not adhere to directives/instructions/guidelines of RBI on operational matters  
Did not adhere to directives/instructions/guidelines of RBI on operations, branch authorisation policy, opening/up-gradation of extension counters, atms and shifting/splitting/closure of offices  
Did not adhere to directives/instructions/guidelines of RBI on outstanding unsecured exposure limit of 10%  
Did not adhere to directives/instructions/guidelines of RBI on payment of interest on balance amounts lying in current accounts of deceased individual depositors/sole proprietorship concerns while making payments to claimants  
Did not adhere to directives/instructions/guidelines of RBI on payment of interests on term deposits, single and group borrower exposure limits and grant of unsecured advances  
Did not adhere to directives/instructions/guidelines of RBI on period of preservation of records rules, 1985  
Did not adhere to directives/instructions/guidelines of RBI on policy & practices regarding nominal membership  
Did not adhere to directives/instructions/guidelines of RBI on prescribed exposure limits towards real estate, commercial real estate & housing loans  
Did not adhere to directives/instructions/guidelines of RBI on professional director  
Did not adhere to directives/instructions/guidelines of RBI on prohibiting acceptance of fresh deposits  
Did not adhere to directives/instructions/guidelines of RBI on prohibiting loans & advances to directors & their relatives and firms/companies/concerns in which they are interested  
Did not adhere to directives/instructions/guidelines of RBI on prudential accounting directives/instructions/guidelines related to provisioning against non-performing investments  
Did not adhere to directives/instructions/guidelines of RBI on prudential inter-bank (gross) exposure limits and/or inter-bank counter party exposure limits  
Did not adhere to directives/instructions/guidelines of RBI on prudential inter-bank counter party limit with multiple banks  
Did not adhere to directives/instructions/guidelines of RBI on prudential inter-bank single & gross exposure limit  
Did not adhere to directives/instructions/guidelines of RBI on restriction on holding shares in other co-operative societies u/s 19 of the ibid act  
Did not adhere to directives/instructions/guidelines of RBI on risk categorization/risk profiling of the customers and updation of the old accounts  
Did not adhere to directives/instructions/guidelines of RBI on robust software to throw alerts as part of effective identification of accounts and reporting of suspicious transactions  
Did not adhere to directives/instructions/guidelines of RBI on shifting of its branch without obtaining prior approval of RBI  
Did not adhere to directives/instructions/guidelines of RBI on single borrower exposure limit and unsecured individual borrower limit  
Did not adhere to directives/instructions/guidelines of RBI on submission of compliance report  
Did not adhere to directives/instructions/guidelines of RBI on submission of documentary proof for transfer of funds to depositor education & awareness fund (deaf)  
Did not adhere to directives/instructions/guidelines of RBI on submission of proper compliance of RBI inspection report 2013 and sustenance thereof  
Did not adhere to directives/instructions/guidelines of RBI on supervisory under section 36(1) of banking regulation act, 1949  
Did not adhere to directives/instructions/guidelines of RBI on transfer of eligible funds to depositor education and awareness fund  
Did not adhere to directives/instructions/guidelines of RBI on unsecured personal loans  
Did not adhere to directives/instructions/guidelines of RBI on vehicle loans/staff loans  
Did not adhere to directives/instructions/guidelines of RBI on video based customer identification process (v-cip) infrastructure to prevent connections from ip addresses outside india  
Did not adhere to directives/instructions/guidelines of RBI pertaining to customer identification to allow transactions in accounts without confirming local address of constituents  
Did not adhere to directives/instructions/guidelines of RBI pertaining to loans beyond ceiling of Rs.1 lakh to nominal members  
Did not adhere to directives/instructions/guidelines of RBI pertaining to sanction/renewal of loans & advances  
Did not adhere to directives/instructions/guidelines of RBI to carry out concurrent audit of investment portfolio  
Did not adhere to directives/instructions/guidelines of RBI u/s 36 (1) of the banking regulations act, 1949  
Did not adhere to directives/instructions/guidelines of RBI under section 25(1) (iii) read with section 23 (4) of credit information companies (regulation) act, 2005  
Did not adhere to directives/instructions/guidelines of RBI under section 35A of the banking regulation act, 1949  
Did not adhere to directives/instructions/guidelines of RBI under sections 23 and 35A read with section 56 of the banking regulation act, 1949  
Did not adhere to directives/instructions/guidelines of risk categorization of accounts  
Did not adhere to directives/instructions/guidelines on classify certain loans and credit facilities as non-performing assets in accordance with the irac norms  
Did not adhere to directives/instructions/guidelines on combating of financing of terrorism (cft)/obligations of banks under prevention of money laundering act (pmla), 2002  
Did not adhere to directives/instructions/guidelines on compliance in time  
Did not adhere to directives/instructions/guidelines on granting of donations  
Did not adhere to directives/instructions/guidelines on prudential directives/instructions/guidelines  
Did not adhere to directives/instructions/guidelines on share linking directives/instructions/guidelines  
Did not adhere to directives/instructions/guidelines on specifying the extent and conditions subject to which co-operative banks permitted to hold shares in any other co-operative society  
Did not adhere to inspection report of RBI  
Did not adhere to instructions of RBI in respect of declaration/disbursal of dividend to shareholders  
Did not adhere to instructions of RBI on supervisory action framework (saf)  
Did not adhere to instructions of RBI relating to temporary overdraft  
Did not adhere to instructions of RBI to make overseas investments without obtaining no objection certificate from bank  
Did not adhere to instructions of RBI to seek prior permission of the bank before approaching roc for change of name  
Did not adhere to instructions to file strs  
Did not adhere to provisions of circular on cash transactions  
Did not adhere to provisions of RBI act, 1949  
Did not adhere to provisions of sections 11(1), 22(3)(A) and 22(3)(B) of the banking regulation act, 1949 (as applicable to co-operative societies)  
Did not adhere to provisions of sections 11(1), 22(3)(A) to 22(3)(E) read with section 56 of the banking regulation act, 1949  
Did not adhere to provisions of sections 6(1)(G) and 6(1)(K) read with section 56 of banking regulation act, 1949  
Did not adhere to provisions relating to granting loans against property owned by directors  
Did not adhere to provisions under sections 11(1) and 18 of banking regulation act, 1949  
Did not adhere to provisions under sections 11(1) read with section 56 of banking regulation act, 1949  
Did not adhere to RBI circulars dated 29/04/2003 and 24/06/2003  
Did not adhere to RBI directives/instructions/guidelines on credit information companies rules, 2006  
Did not adhere to RBI directives/instructions/guidelines on maximum limit on advances to trusts managing colleges in excess of single borrowing norm  
Did not adhere to RBI directives/instructions/guidelines on membership of credit information companies (cics)  
Did not adhere to RBI regulations  
Did not adhere to regulatory directives/instructions/guidelines issued by nabard contained in review of frauds-directives/instructions/guidelines on monitoring and reporting system  
Did not adhere to relaxed licensing conditions set by RBI in consultation with nabard  
Did not adhere to requirements in relation to identification and reporting of suspicious transactions  
Did not adhere to requirements of minimum capital and reserves  
Did not adhere to section 35(2) of banking regulation act, 1949  
Did not adhere to the ceiling as prescribed by RBI on donation  
Did not adhere to the directives/instructions/guidelines of RBI on monitoring of end use of funds  
Did not adhere to the do’s and don’ts prescribed for board of directors  
Did not adhere to unique customer identification code (ucic) related directives/instructions/guidelines  
Did not adhere to various directives/instructions/guidelines of RBI relating to issuance of demand draft/pay order  
Did not adhere to various regulations of RBI in assessment of non-performing assets (npas)  
Did not allocate unique customer identification code (ucic)  
Did not carry out audit of investment portfolio and depositor education & awareness fund  
Did not carry out periodical review of risk categorization  
Did not categorize customers as low, medium or high risk category  
Did not complete risk categorization and unique customer identification code (ucic) of its customers  
Did not conduct annual review of inoperative and/or dormant accounts  
Did not conduct concurrent auditing of investment portfolio  
Did not conduct migration audit  
Did not constitute board of management within extended timeline granted by RBI  
Did not credit (shadow reversal) amounts involved in certain unauthorized electronic transactions into accounts of customers within ten working days from the dates of notification by the customers  
Did not credit interest to inoperative saving bank accounts  
Did not display its name properly in its stationery and advertisements  
Did not dispose of immovable property, which was not being used for own purposes within maximum period stipulated under banking regulation act, 1949  
Did not dispose off non-banking asset within statutory timeline from the date of its acquisition  
Did not do risk categorisation of its customers  
Did not enable customers to instantly respond by “reply” to sms and e-mail alert sent by the bank  
Did not file first information report  
Did not file suspicious transaction report (str)  
Did not furnish any credit information to even credit information company (cic) of which it was a member  
Did not furnish correct information to inspecting officer of RBI  
Did not have adequate assets to meet its outside liabilities  
Did not have adequate capital structure & earning prospects and not in a position to pay its present and/or future depositors in full  
Did not have system for effective identification & reporting of suspicious transactions to fiu-ind  
Did not identify non-performing assets (npa) on on-going basis  
Did not implement core banking solution  
Did not implement device binding control measure related to ‘sms delivery receipt check’  
Did not implement risk categorisation of customers  
Did not intend to pronounce upon validity of any transaction or agreement entered into by bank with its customers  
Did not introduce concurrent audit system  
Did not maintain adequate balance with clearing house  
Did not maintain minimum 25% of net demand and time liabilities (ndtl) in government & other approved securities  
Did not maintain records of cash transactions for value of more than Rs.10 lakh  
Did not make disclosure of bank guarantee issued and violated directives issued by RBI on guarantees, co-acceptance and letter of credit  
Did not make disclosure of penalty levied in its balance sheet  
Did not make minimum mandatory transfer equivalent to 25% of its disclosed profit for the year 2020-21 to its reserve fund  
Did not monitor cash transactions  
Did not obtain membership of credit information companies (cics)  
Did not obtain membership of three out of four credit information companies (cics)  
Did not obtain RBI approval for computation of its prudential exposure limit  
Did not pay any interest on deposits accepted under daily deposit scheme and prematurely withdrawn within twenty four months of opening of accounts  
Did not pay eligible interest at the time of repayment on matured unpaid term deposits for the period they remained unclaimed with bank  
Did not pay eligible interest at the time of repayment on term deposits maturing on sunday/holiday/non-business working day and paid on succeeding working days  
Did not pay interest on balances lying in current account standing in name of deceased individual depositors or sole proprietorship concerns  
Did not pay interest on deposits withdrawn before maturity for the period deposits remained with the bank  
Did not pay interest on matured term deposits from the date of maturity till date of repayment at the applicable rate  
Did not pay interest on term deposits maturing on sunday/holiday/non-business working day at originally contracted rate  
Did not pay interest rate on deposits accept from senior citizens as per schedule of interest rates disclose in advance  
Did not pay interest rates strictly as per schedule of interest rates disclosed in advance in several term deposit accounts  
Did not pay interest to overdue recurring and/or term deposits from the date of maturity till the date of repayment  
Did not place appropriate system for generating alerts for identification of suspicious transactions  
Did not place appropriate system for identification of suspicious transactions  
Did not place system to generate alerts when transactions inconsistent with risk categorisation & customer profile  
Did not prepare balance sheet in the format as prescribed for co-operative banks under banking regulation act, 1949  
Did not prepare risk profiles of all customers and did not fix threshold limit  
Did not prepare/submit/publish balance sheet, profit & loss account and auditor's report as required under sections 29 and 31 of banking regulation (co-operative societies) RULES,1966  
Did not produce audited balance sheets  
Did not produce books of accounts before investigating officer  
Did not provide 24X7 access through multiple channels to reportunauthorised electronic transactions that had taken place and/or loss or theft of payment instrument such as card etc.  
Did not provide direct link to lodge complaints with specific option to report unauthorised electronic transactions on home page of website  
Did not publish annual accounts for position  
Did not publish correct amount of loans outstanding in the name of directors/relatives/firms in which they were interested in ‘notes on account’ to balance sheet in annual reports  
Did not publish correct information of loans outstanding in name of directors/relatives/firms in which they were interested in proforma i & ii to RBI  
Did not publish/submit accounts and balance sheet with auditor’s report u/s 31 of the ibid act  
Did not put in place a system of risk categorisation of accounts  
Did not put in to use any robust software as a part of effective identification and reporting of suspicious transactions  
Did not reckon accumulated loss for computation of capital fund to arrive at exposure limit  
Did not report cash transactions reports (ctr) to financial intelligence unit-india (fiu-ind)  
Did not report cash transactions reports (ctr) to financial intelligence unit-india (fiu-ind) including director related accounts  
Did not report frauds to RBI  
Did not report grant of loans/advances/any other financial accommodation to relatives of its directors in OSS-6 returns to reserve bank of india  
Did not submit compliance of inspection report 2017  
Did not submit correct certificate of transfer to depositor education & awareness fund  
Did not submit ctr/str in respect of cash transactions in excess of Rs.10 lakh  
Did not submit data (including historic data) to three credit information companies (cics)  
Did not submit data to all four credit information companies (at monthly or shortly intervals)  
Did not submit off-site surveillance (oss) returns violating section 27 of RBI act, 1934  
Did not submit quarterly certificate of holding of government securities  
Did not submit reply to show cause notice/s  
Did not submit returns u/s 27 of the ibid act  
Did not submit returns u/s 27(2) of banking regulation act, 1949  
Did not submit statutory returns violating section 27 of RBI act, 1949  
Did not submit statutory returns within prescribed timelines  
Did not submit various returns  
Did not submit/wrongly submitted compliance report  
Did not take positive steps for capital augmentation and financial restructuring  
Did not undertake ongoing customer due diligence and put into use robust software for generating alerts when transactions were inconsistent with customer profile  
Did not upload credit information to credit information companies (cics)  
Directors involved in day-to-day affairs of the bank  
Disbursed fresh loans violating directions issued under supervisory action framework (saf)  
Disbursed loans to individuals for purchase of land for more than Rs.25 lakh violating directives/instructions/guidelines  
Displayed short name of the bank  
Diverted loans for purpose of plot/land  
Donated in excess of the prudential limit  
Enrolled co-operative societies as members  
Entered into one time settlement (ots) scheme with borrowers without prior written permission of RBI  
Exceeded exposure to housing and real estate sectors  
Exceeded individual/single exposure ceilings for lending operations  
Exceeded maximum limit on unsecured advances  
Exceeded prescribed individual borrower exposure limit  
Exposed to unsecured loans  
Extended bill discounting facilities to non-constituents and walk-in customers  
Extended credit facilities to units outside its area of operations  
Extended donation to trust where director of the bank was administrator violating RBI circular UBD.BPD.(PCB).CIR.NO.7/09.72.000/2013-14 dated 30/08/2013  
Extended loans to its directors and/or relative of the directors  
Extremely unsatisfactory financial position  
Failed to repay depositors  
Financed borrowers outside area of operations  
Floated trust for general public in violation of rules  
Furnished incorrect credit information in respect of a number of expired credit cards with no dues to all four credit information companies  
Generated suspicious transactions report and submitted to financial intelligence unit-india (fiu-ind)  
Granted credit facilities to primary co-operative societies  
Granted housing loans of more than Rs.70 lakh violating RBI circular NO.UBD.BPD.(PCB).CIR.NO.7/09.22.10/2011-12 dated 31/10/2011  
Granted interest relief in a loan account of its ex-director  
Granted loans to individuals and diversion of amount thereof to concerns in which directors were interested  
Granted unsecured advances in excess of prudential individual limit  
Granted unsecured advances to director related firm  
Granted unsecured loans to director and/or their proprietorship firm  
Granted/renewed loans, accepted fresh deposits and allowed withdrawal of deposits exceeding rs. 1000 violating directives/instructions/guidelines issued by RBI  
Incurred capital expenditure without prior approval of RBI  
Incurred operating expenses on gifting silver coins to shareholders violating specific directions issued by RBI under saf to curtail operating and administrative expenses to the maximum extent possible  
Indulged in activities related to travel agent  
Indulged in concentration of deposits  
Indulged in destruction of records of banking transactions  
Indulged in exposure to housing, real estate & commercial real estate and single and group exposure  
Inordinate delay in reporting of securities transaction reports (strs) without any cogent reason  
Irregular submission of various xbrl returns  
Irretrievable and weak financial condition  
Issued bank guarantee to entity not banking with the bank  
Issued incorrect compliance certificate for earlier inspection report  
Issued large number of 'at par' cheques to single party on same day in cash for value just below Rs.50,000 in circumvention of RBI directives/instructions/guidelines  
Kept bank’s name without the word “co-operative”  
Let out its premises to shops, doll museum etc  
Levied atm card issuance charges and atm card annual maintenance charges in basic savings bank deposit (bsbd) accounts  
Levied penal charges for non-maintenance of minimum balance in sb accounts without notifying customers  
Levied penal charges for non-maintenance of minimum balance in sb accounts without notifying customers and providing them with one month notice for restoration of minimum balances  
Levied penal charges for non-maintenance of minimum balances in dormant/inoperative saving bank accounts and/or current deposit accounts  
Major lapses in operations of the bank in terms of lending to sugar sector  
Misreported under xbrl reporting system  
Not available  
Not in a position to pay its present and future depositors in full as and when their claims accrue  
Observed poor governance standards  
Offered interest rates on deposits for various durations higher than that offered by state bank of india in non-compliance with the saf directions  
Opened 4 collection counters without prior approval of RBI  
Opened and allowed transactions in current accounts of a company without undertaking customer due diligence procedure  
Opened benami accounts and allowed huge deposits in such accounts  
Opened branches without obtaining prior permission of RBI  
Opened savings deposit accounts of trust whose entire income not exempt from payment of income-tax under the income tax act, 1961  
Opened several savings deposit accounts in the name of ineligible entities  
Opened/renewed term deposits at interest rates, higher than those offered by state bank of india for the same tenor  
Persisting irregularities pointed out in previous inspection report  
Planning to open bank in the name of "Indian commercial coop bank ltd." without obtaining licence from RBI  
Planning to open bank in the name of "Rajadhani bank ltd." without obtaining licence from RBI  
Prohibited from carrying on banking business in india under section 22 of the banking regulation act, 1949  
Provided locker facility at its extension counter without obtaining prior approval of RBI  
Purchased/discounted cheques beyond ceiling of Rs.25000 in current accounts  
Recovered charges for activation of inoperative accounts, claiming to be reimbursement of expenses for such activation  
Remissed debt due to the bank by jalgaon starch factory in which then directors of the bank had interest, without obtaining prior permission from RBI  
Renewed advances to a company in which relative of a director of the bank was interested, being major shareholder in company  
Reported incorrect information in form i relating to crr/slr and incorrect computation of dtl  
Resorted to evergreening of accounts by closing non-performing loans violating RBI’s directives/instructions/guidelines on income recognition and asset classification (irac) and other related matters  
Restructured credit facilities without establishing the financial viability and reasonable certainty of repayment by the borrowers  
Sanctioned and/or renewed loan to a relative of one of its directors  
Sanctioned credit facilities to individuals where relatives of its directors stood as guarantors  
Sanctioned fresh loans and advances and allowed cash credit facilities to be overdrawn violating specific directions issued under supervisory action framework (saf)  
Sanctioned fresh loans and renewed cash credit limits of borrowers despite supervisory action framework (saf) restrictions  
Sanctioned gold loans  
Sanctioned loan to a relative of one of its directors  
Sanctioned loans on bullet repayment basis against gold/silver ornaments beyond prescribed ceiling limit  
Sanctioned loans to nominal members beyond prescribed regulatory limit  
Sanctioned loans to nominal members where loan amount in each case exceeded the applicable ceiling  
Sanctioned overdraft against third party fixed deposits to one of its directors  
Sanctioned uncollateralised fresh loans and advances  
Sanctioned unsecured loan and renewed secured cash credit limit to directors  
Sanctioned unsecured loans to directors  
Sanctioned unsecured loans/advances to individuals wherein directors of bank stood as guarantors  
Submitted false compliance to RBI inspection report violating provisions of banking regulation, act 1949  
Submitted inaccurate information to reserve bank of india regarding credit facilities to directors and relatives  
Submitted wrong/unsatisfactory/delayed compliance to RBI inspection report  
Transited to small finance bank as per scheme of voluntary transition of primary (urban) co-operative banks (ucbs) into small finance banks (sbfs) of RBI  
Unauthorised use of word 'bank' without prior permission/licence from RBI  
Used abridged form of its name in social media posts on multiple occasions wherein full name of bank as appearing in banking license was not displayed prominently and also font size used for full name was smaller than one used for abbreviated name  
Violated directives/instructions/guidelines by sanctioning fresh loans & advances  
Violated directives/instructions/guidelines for granting unsecured credit facilities  
Violated directives/instructions/guidelines for unsecured financial guarantees  
Violated directives/instructions/guidelines issued by RBI  
Violated directives/instructions/guidelines of by RBI on submission of false compliance regarding closure of npa accounts by indulging in ever greening of loans  
Violated directives/instructions/guidelines of RBI for conducting banking business  
Violated directives/instructions/guidelines of RBI on diversion of funds  
Violated directives/instructions/guidelines of RBI on individual and group exposure limits  
Violated directives/instructions/guidelines of RBI on investment by primary (urban) co-operative banks  
Violated directives/instructions/guidelines of RBI on non-transfer of unclaimed deposits to depositor education and awareness fund under section 26(A) of banking regulation, act 1949 ibid  
Violated directives/instructions/guidelines of RBI on opening of on-site atms  
Violated directives/instructions/guidelines on advances to builders and contractors against security of land  
Violated directives/instructions/guidelines on charging of interest on loan and advances  
Violated directives/instructions/guidelines on limit of non-slr investment, individual and group exposure ceilings for lending operations  
Violated directives/instructions/guidelines pertaining to ceiling on unsecured advances applicable to urban co-operative banks (ucbs)  
Violated directives/instructions/guidelines relating to membership to co-operative credit societies  
Violated directives/instructions/guidelines/rules on non-publication/submission of accounts and balance sheet  
Violated instructions for irregularities in cheque discounting and overdrawal in od loan accounts etc  
Violated instructions of RBI on opening of account and monitoring of cash transactions  
Violated instructions on disposal of non-banking assets,donations and purchasing of cheques beyond ceiling of Rs.20 lakh per instr  
Violated instructions on persistence of irregularities of previous inspection report and requirement of reporting of cash transactions in excess of Rs.10 lakh to fiu-ind,as required under aml directives/instructions/guidelines  
Violated provisions of section 31 of banking regulation, act 1949 relating to publication/submission of accounts and balance sheet  
Violated provisions related to prohibition of banks from granting any loan or advance to any of its directors  
Violated RBI’s directives on loans to directors  
Violated section 20 and section 20 a of the banking regulation act, 1949  
Violated section 20 of banking regulation act, 1949  
Violated section 26A of banking regulation act, 1949  
Violated section 27 of banking regulation act, 1949  
Violated section 27(2) of ibid act  
Violated various directives/instructions/guidelines of RBI on issuance of at par cheques/pay orders against receipt of cash  
Waived bank guarantee commission to chairman/director/relatives or to firms/companies in which any of its directors is interested  
Credit Information Company 01/08/1996 22/04/2024
Actions by RBI
Imposed penalty  
Reasons for Action
Did not have wholetime managing director/director violating sections 9(1) and 9(2) of credit information companies (regulation) act, 2005  
Did not maintain accurate and complete data of credit information  
Neither updated credit information nor informed the steps taken for correction of discrepancies and reasons for inability to comply with timeframe to provide correct information, within thirty days of receipt of such complaints,on receipt of complaints from some borrowers  
Credit Rating Agencies 01/08/1996 22/04/2024
Actions by RBI
Cancelled certificate of registration  
Directed not to take new clients/fresh  
Directed to wind down its operations within six months  
Reasons for Action
Delay in recognition of defaults in relation to issuers  
Did not address issue of conflict of interest  
Did not document meetings with management/undertake site visits  
Did not make correct disclosure of material event in press release  
Did not undertake independent analysis of projection provided by issuer  
Electronic Trading Platforms 01/08/1996 22/04/2024
Actions by RBI
Cautioned public not to undertake forex transactions on unauthorized electronic trading platforms  
Reasons for Action
Did not authorize to operate electronic trading platforms (etps) for forex transactions  
Foreign Banks 01/08/1996 22/04/2024
Actions by RBI
Ceased to be a banking co.  
Imposed penalty  
Reasons for Action
Allotted multiple customer identification codes to same customers  
Allowed operations and did not close several accounts open using otp based e-kyc in non-face-to-face mode, even after expiry of one year without conducting customer due diligence procedure  
Deficiencies in compliance with RBI instructions on 'fit and proper' criteria for directors of banks  
Delay in reporting cyber security incident  
Did not adhere to anti money laundering (aml) directives/instructions/guidelines  
Did not adhere to certain directives/instructions/guidelines issued by RBI contained in reserve bank of india (interest rate on deposits) directives/instructions/guidelines, 2016  
Did not adhere to directives/instructions/guidelines issued by RBI on granting non-fund based facilities to non-constituent borrowers  
Did not adhere to directives/instructions/guidelines issued by RBI on interest rate on deposits  
Did not adhere to directives/instructions/guidelines issued by RBI on obtaining declaration from customers about credit facilities enjoyed with other banks  
Did not adhere to directives/instructions/guidelines issued by RBI on payment of remuneration to employees in form of commission  
Did not adhere to directives/instructions/guidelines of RBI on “reserve bank of india (fraud classification and reporting by commercial banks and select fis) directives/instructions/guidelines, 2016”  
Did not adhere to directives/instructions/guidelines of RBI on bank finance to NBFCs  
Did not adhere to directives/instructions/guidelines of RBI on customer protection–limiting liability of customers in unauthorised electronic banking transactions  
Did not adhere to directives/instructions/guidelines of RBI on cyber security framework in banks  
Did not adhere to directives/instructions/guidelines of RBI on direct creation of payment messages in swift environment  
Did not adhere to directives/instructions/guidelines of RBI on implementation of straight through processing (stp) between cbs/accounting system and swift system  
Did not adhere to directives/instructions/guidelines of RBI on income recognition and asset classification (irac) norms and frauds  
Did not adhere to directives/instructions/guidelines of RBI on independent reconciliation of logs generated from swift with corresponding entry passed in cbs/accounting system  
Did not adhere to directives/instructions/guidelines of RBI on introduction of additional layer of approval for all payment messages exceeding particular threshold  
Did not adhere to directives/instructions/guidelines of RBI on lending to NBFCs  
Did not adhere to directives/instructions/guidelines of RBI on loans and advances–statutory and other restrictions  
Did not adhere to directives/instructions/guidelines of RBI on non-transfer of eligible funds to depositor education and awareness fund within prescribed period  
Did not adhere to directives/instructions/guidelines of RBI on nostro reconciliation on T+1/T+5 basis  
Did not adhere to directives/instructions/guidelines of RBI on operating guidelines for small finance banks  
Did not adhere to directives/instructions/guidelines of RBI on reporting of data on central repository of information on large credits (crils)  
Did not adhere to directives/instructions/guidelines of RBI on reporting requirements under liberalised remittance scheme of FEMA,1999  
Did not adhere to directives/instructions/guidelines of RBI to ensure that the users entering/passing/authorizing transactions in cbs different from those operating in swift environment  
Did not adhere to directives/instructions/guidelines on kyc compliance for walk-in customers including for sale of third party products  
Did not adhere to directives/instructions/guidelines on specifying the extent and conditions subject to which co-operative banks permitted to hold shares in any other co-operative society  
Did not adhere to instructions of RBI on derivatives, such as failure to carry out due diligence in regard to suitability of products, selling derivative products to users not having risk management policies and not verifying underlying/adequacy of underlying and eligible limits under past performance route  
Did not adhere to instructions of RBI on reporting requirements of foreign exchange management act, 1999 (fema)  
Did not adhere to instructions of RBI on risk management & inter bank dealings and compliance functions  
Did not adhere to instructions on classification of accounts as ‘in-operative’/dormant and lapses in monitoring of transactions in dormant accounts  
Did not adhere to instructions on import of gold on consignment basis  
Did not adhere to instructions on monitoring of transactions in customer accounts  
Did not adhere to instructions on upper limit for remittances under liberalised remittance scheme  
Did not adhere to instructions on upper limit for repatriation of funds from non resident ordinary (nro) accounts  
Did not adhere to instructions which prohibits acceptance of cash above Rs.50, 000 for sale of gold coins and issue of demand drafts etc.  
Did not adhere to RBI directives on derivatives  
Did not adhere to section 10B of banking regulation act, 1949  
Did not adhere to the directives/instructions/guidelines issued by RBI on managing risks and code of conduct in outsourcing of financial services by NBFCs and/or banks  
Did not adhere to various directives/instructions/guidelines of RBI on time bound implementation and strengthening of swift related operational controls  
Did not disallow administrative rights on end points  
Did not enable audit logs for database and operating system of servers  
Did not file cash transaction reports (ctrs) in respect of some cash transactions, sale of gold coins for cash beyond rs. 50,000  
Did not furnish information to RBI in stipulated time pertaining to a foreign currency loan facility to an offshore special purpose vehicle (spv)  
Did not have cyber crisis management plan  
Did not implement appropriate systems and controls to allow, manage and monitor access to critical servers  
Did not implement multi factor authentication to access critical servers  
Did not implement security operations centre to obtain real-time/near-real time information and insight into security posture of the bank  
Did not implement system to generate alerts on real time basis, integrate logs with centralized monitoring solution and review alerts/logs  
Did not implement systems to detect unusual and unauthorized, internal of external activities in database  
Did not obtain no-objection certificate (noc) from lending banks at the time of opening current accounts  
Did not upload credit information to credit information companies (cics)  
Did not verify data available in crilc database  
Not available  
Not submit compliance to risk assessment findings  
Outsourced monitoring and disposal/closure (decision making function) of aml (anti-money laundering) alerts to a group company  
Provided host of services and earned fees from its outsourcing agency violating section 6(1) of the banking regulation act, 1949  
Full-fledged Money Changer 01/08/1996 22/04/2024
Actions by RBI
Licence revoked  
Reasons for Action
Did not apply for renewal of licence before expiry of validity period and/or voluntary surrender of licence  
Housing Finance Companies 01/08/1996 22/04/2024
Actions by RBI
Cancelled certificate of registration  
Imposed penalty  
Reasons for Action
Charged pre-payment penalty in housing loans on (a) floating rate basis which were pre-closed from any sourceand (b) fixed rate basis which were pre-closed from borrower’s own sources  
Did not adhere to directives/instructions/guidelines of RBI on creation of floating charges in favour of its depositors on a portion of assets invested by it in terms of section 29 of nhb act, 1987  
Did not adhere to directives/instructions/guidelines of RBI on registration of charge with registrar of companies  
Did not adhere to provisions of national housing bank act (nhb), 1987  
Did not make disclosure to retail borrowers, gradation of risk and rationale for charging different interest rates to different categories of borrowers in loan application form/sanction letter  
Did not obtain prior written permission of RBI for change in shareholding due to progressive increases over time, resulting in acquisition of shareholding beyond permitted limit  
Did not transfer matured deposits of certain depositors to designated bank accounts  
Surrendered certificate of registration  
Local Area Banks 01/08/1996 22/04/2024
Actions by RBI
Cancelled banking license  
Merger with another bank  
Ordered of moratorium  
Withdrawn in-principle approval given for setting up of local area banks  
Reasons for Action
Breached minimum net worth requirement for two quarters in financial year  
Delayed setting up of local area banks  
Extremely unsatisfactory financial position  
General character of management was prejudicial to interest of its present and future depositors  
Multi Level Marketing Schemes 14/01/2010 22/04/2024
Actions by RBI
Make investors aware of the dangers of investing in such schemes and they must verify before enrolling in any such scheme whether the said scheme is a money circulation scheme as defined in section 2 (c ) of the prize chits and money circulation (banning) act, 1978.  
Reasons for Action
Widespread scam in multi level marketing schemes noticed by RBI in various states; under section 3 of prize chits and money circulation schemes (banking) act, 1978, enrolling members to such schemes is a punishable offence  
Nationalised Banks 01/08/1996 22/04/2024
Actions by RBI
Directed to suspended onboarding of customers on “bob world” mobile application  
Imposed penalty  
Reasons for Action
Allowed operations and did not close several accounts open using otp based e-kyc in non-face-to-face mode, even after expiry of one year without conducting customer due diligence procedure  
Classified borrowed accounts as npas, leading to significant divergence between reported and assessed npas  
Deficiencies in regulatory compliance  
Delay in reporting cyber security incident  
Delay in reporting of credit information pertaining to certain eligible loan accounts to crilc reporting platform of RBI  
Delayed detecting & reporting of fraud in accounts  
Delayed reporting of fraud in certain accounts  
Did not adhere to anti money laundering (aml) directives/instructions/guidelines  
Did not adhere to code of conduct for opening and operating current accounts  
Did not adhere to directives pertaining to collection of third party account payee cheques  
Did not adhere to directives/instructions/guidelines issued by RBI on credit card operations of banks read with guidelines on managing risks and code of conduct in outsourcing of financial services by banks  
Did not adhere to directives/instructions/guidelines issued by RBI on interest rate on deposits  
Did not adhere to directives/instructions/guidelines issued by RBI on payment of remuneration to employees in form of commission  
Did not adhere to directives/instructions/guidelines issued by RBI on systemically important non-deposit taking company and deposit taking company reserve bank of india directives/instructions/guidelines, 2016  
Did not adhere to directives/instructions/guidelines issued by RBI to concurrent audit system in commercial bank  
Did not adhere to directives/instructions/guidelines of fema  
Did not adhere to directives/instructions/guidelines of RBI in matter of deccan chronicle holdings ltd.  
Did not adhere to directives/instructions/guidelines of RBI on “reserve bank of india (fraud classification and reporting by commercial banks and select fis) directives/instructions/guidelines, 2016”  
Did not adhere to directives/instructions/guidelines of RBI on bank finance to NBFCs  
Did not adhere to directives/instructions/guidelines of RBI on carrying out periodic updation of “know your clients” of customers as per risk  
Did not adhere to directives/instructions/guidelines of RBI on carrying out periodic updation of “know your clients” of customers as per risk categorisation  
Did not adhere to directives/instructions/guidelines of RBI on circular instructions on compliance function in banks  
Did not adhere to directives/instructions/guidelines of RBI on classification and reporting of frauds  
Did not adhere to directives/instructions/guidelines of RBI on creation of central repository of large common exposures - across banks read with central repository of information on large credits (crilc) – revision in reporting  
Did not adhere to directives/instructions/guidelines of RBI on customer protection–limiting liability of customers in unauthorised electronic banking transactions  
Did not adhere to directives/instructions/guidelines of RBI on depositor education and awareness fund scheme, 2014  
Did not adhere to directives/instructions/guidelines of RBI on direct creation of payment messages in swift environment  
Did not adhere to directives/instructions/guidelines of RBI on discounting/rediscounting of bills  
Did not adhere to directives/instructions/guidelines of RBI on end use of funds-monitoring and deposits on balance sheet date  
Did not adhere to directives/instructions/guidelines of RBI on external benchmark based lending  
Did not adhere to directives/instructions/guidelines of RBI on framework to revitalise the distressed assets in the economy-rectification and restructuring  
Did not adhere to directives/instructions/guidelines of RBI on fraud risk management and classification & reporting of frauds  
Did not adhere to directives/instructions/guidelines of RBI on implementation of straight through processing (stp) between cbs/accounting system and swift system  
Did not adhere to directives/instructions/guidelines of RBI on income recognition and asset classification (irac) norms and frauds  
Did not adhere to directives/instructions/guidelines of RBI on independent reconciliation of logs generated from swift with corresponding entry passed in cbs/accounting system  
Did not adhere to directives/instructions/guidelines of RBI on intra-group exposure limit and did not consider intra-day limit sanctioned to group entity for purpose of computing intra-group exposure limit  
Did not adhere to directives/instructions/guidelines of RBI on introduction of additional layer of approval for all payment messages exceeding particular threshold  
Did not adhere to directives/instructions/guidelines of RBI on lending to NBFCs  
Did not adhere to directives/instructions/guidelines of RBI on loans and advances–statutory and other restrictions  
Did not adhere to directives/instructions/guidelines of RBI on non-transfer of eligible funds to depositor education and awareness fund within prescribed period  
Did not adhere to directives/instructions/guidelines of RBI on nostro reconciliation on T+1/T+5 basis  
Did not adhere to directives/instructions/guidelines of RBI on opening of savings bank accounts  
Did not adhere to directives/instructions/guidelines of RBI on operating guidelines for small finance banks  
Did not adhere to directives/instructions/guidelines of RBI on preservation of records of identification of customers and/or their address (modified)  
Did not adhere to directives/instructions/guidelines of RBI on prudential directives/instructions/guidelines for classification, valuation and operation of investment portfolio by banks  
Did not adhere to directives/instructions/guidelines of RBI on prudential framework for resolution of stressed assets  
Did not adhere to directives/instructions/guidelines of RBI on reporting of data on central repository of information on large credits (crils)  
Did not adhere to directives/instructions/guidelines of RBI on risk management systems in banks  
Did not adhere to directives/instructions/guidelines of RBI on sale of stressed assets by banks  
Did not adhere to directives/instructions/guidelines of RBI on upfront disbursal of housing loans  
Did not adhere to directives/instructions/guidelines of RBI on window-dressing of balance sheet classification and reporting of frauds  
Did not adhere to directives/instructions/guidelines of RBI to ensure that the users entering/passing/authorizing transactions in cbs different from those operating in swift environment  
Did not adhere to directives/instructions/guidelines of risk categorization of accounts  
Did not adhere to directives/instructions/guidelines on combating of financing of terrorism (cft)/obligations of banks under prevention of money laundering act (pmla), 2002  
Did not adhere to directives/instructions/guidelines on kyc compliance for walk-in customers including for sale of third party products  
Did not adhere to instructions on classification of accounts as ‘in-operative’/dormant and lapses in monitoring of transactions in dormant accounts  
Did not adhere to instructions on import of gold on consignment basis  
Did not adhere to instructions on monitoring of transactions in customer accounts  
Did not adhere to instructions on permitted credits to non-resident accounts  
Did not adhere to instructions on upper limit for remittances under liberalised remittance scheme  
Did not adhere to instructions on upper limit for repatriation of funds from non resident ordinary (nro) accounts  
Did not adhere to instructions to file strs  
Did not adhere to instructions which prohibits acceptance of cash above Rs.50, 000 for sale of gold coins and issue of demand drafts etc.  
Did not adhere to prudential directives/instructions/guidelines of RBI on income recognition and asset classification (irac) and provisioning pertaining to advances-divergence in npa accounts  
Did not adhere to regulatory requirements issued by RBI  
Did not adhere to terms of agreement with reserve bank of india for opening & maintaining currency chests  
Did not adhere to the directives/instructions/guidelines issued by RBI on disclosure of customer complaint and unreconciled balance on account of atm transactions and msme sector reconstruction of advances  
Did not adhere to the directives/instructions/guidelines of RBI for opening of current accounts  
Did not adhere to the directives/instructions/guidelines of RBI on detection & impounding of counterfeit notes  
Did not adhere to the directives/instructions/guidelines of RBI on exchange of information with other banks  
Did not adhere to the directives/instructions/guidelines of RBI on monitoring of end use of funds  
Did not adhere to the directives/instructions/guidelines of RBI on restructuring of accounts  
Did not adhere to various directives/instructions/guidelines of RBI on time bound implementation and strengthening of swift related operational controls  
Did not benchmark interest on certain floating rate retail loans and floating rate loans to msme, to external benchmark lending rate  
Did not constitute customer service committee of board, put in place a customer grievance redressal policy duly approved by the and maintain any register for complaints from customers/constituents in its branches  
Did not credit eligible amount to depositor education and awareness fund within the period prescribed  
Did not enable customers to instantly respond by “reply” to sms and e-mail alert sent by the bank  
Did not file cash transaction reports (ctrs) in respect of some cash transactions, sale of gold coins for cash beyond rs. 50,000  
Did not furnish accurate information to credit information companies (cics)  
Did not implement control measures for atms relating to end to end encryption of communication between atm terminal/pc and atm switch, within the timelines prescribed  
Did not implement device binding control measure related to ‘sms delivery receipt check’  
Did not link interest on floating rate retail loans and loans to msme to external benchmark  
Did not link interest on floating rate rupee loans sanctioned and renewed during financial year 2020-21 to its marginal cost of lending rate (mclr)  
Did not monitor payout transactions and carry out risk profiling of entities availing payout services  
Did not obtain no objection certificate (noc) from banks which had sanctioned regular credit facilities to beneficiaries  
Did not pay eligible interest at the time of repayment on matured unpaid term deposits for the period they remained unclaimed with bank  
Did not pay interest rates strictly as per schedule of interest rates disclosed in advance in several term deposit accounts  
Did not rectify rejected data and upload the same with credit information companies (cics) within seven days of receipt of such rejection report from cics  
Did not report and/or inaccurately report data pertaining to certain large borrowers to crilc  
Did not report RBI about fraud accounts within seven days of decision of joint lenders forum to declare accounts as fraud  
Did not reset interest rates in mclr and external benchmark linked advances at prescribed periodicity  
Did not specify interest reset date in mclr-linked loans  
Did not submit ctr/str in respect of cash transactions in excess of Rs.10 lakh  
Did not submit revised returns on grounds of absence of data  
Extended term loans to a corporation (a) without undertaking due diligence on the viability and bankability of the projects to ensure that revenue streams from the projects are sufficient to take care of the debt servicing obligations (b) failed to ensure that the repayment/servicingof the term loans was not made out of budgetary resources  
Held shares as pledgee of amount exceeding 30% of paid-up share capital of certain companies  
Involved in fake onboarding to increase bank customers on bob world mobile application  
Levied interest from disbursement due date instead of actual date of disbursement  
Levied sms alert charges from customers based on invalid mobile numbers and not on actual usage basis  
Levied sms charges in certain accounts despite maintaining junk mobile numbers in core banking solution (cbs)  
Netted the items representing internal and external liabilities in inter-branch accounts,resulting in under-estimation of outside liabilities  
Opened current account and provided bill discounting facilities to account holders without having any borrowing facility with the bank resulting in siphoning of funds  
Opened savings deposit accounts in the name of co-operative bank  
Restructured certain accounts which were not standard assets as on 31/03/2021 under the extant directions  
Sanctioned term loan to a corporation (i) in lieu of or to substitute budgetary resources envisaged for certain projects (ii) without undertaking due diligence on the viability and bankability of the projects to ensure that revenue streams from the projects were sufficient to take care of the debt servicing obligations and (iii) the repayment/servicing of which was made out of budgetary resources  
Sanctioned working capital demand loan to a corporation against amounts receivable from government by way of subsidies  
Violated banking regulation act, 1949  
Violated instructions of RBI on opening of account and monitoring of cash transactions  
NBFC 01/08/1996 22/04/2024
Actions by RBI
Appointed special officer to take charge of assets of the company  
Cancelled certificate of registration  
Cautioned public about unauthorised companies collecting deposits  
Cautioned public against misuse of certificate of registration  
Ceased and desist from doing any form of financing against shares & debentures, including sanction & disbursal of loans against initial public offering (ipo) of shares and subscription to debentures  
Ceased and desist from sanctioning or disbursing gold loans or assigning/securitising/selling any of gold loan  
Directed company to inform depositors regarding rejection of application for certificate of registration and plan of action for repayment of deposits  
Directed to cease carrying out any recovery or repossession activity through outsourcing arrangements  
Directed to stop allowing use of premises/branches or officials in any manner for accepting deposits from public  
Directed to stop sanction and disbursal of loans under two lending products ‘ecom’ and ‘insta emi card’  
Filed petition for winding up of company with high court  
Imposed penalty  
Ordered to repay public deposits  
Prohibited from accepting deposits  
Prohibited from alienating its assets  
Prohibited to commence/carry on business as NBFC  
Rejection of application for certificate of registration as NBFC  
Superseded board of directors  
Reasons for Action
Allowed basic savings bank deposit (bsbd) account holders to open savings bank deposit account  
Allowed operations and did not close several accounts open using otp based e-kyc in non-face-to-face mode, even after expiry of one year without conducting customer due diligence procedure  
Applied for cancellation of NBFC certificate as company never engaged in nor has plans to be in NBFC activities  
Ceased to be a legal entity due to amalgamation/merger/dissolution/voluntary strike-off etc.  
Ceased to be non-banking financial institution  
Collected deposits from public in contravention of provisions of RBI ACT,1934  
Collected money from public in money circulation schemes by making tall promises of high returns  
Defaulted in payment of various payment obligations  
Delay in reporting of frauds to RBI and/or nabard  
Delay in submission of several returns on xbrl platform  
Did not adhere to “know your customer” directives/instructions/guidelines in opening and/or operating the accounts  
Did not adhere to certain directives/instructions/guidelines issued by RBI on issuance and operation of ppis in india  
Did not adhere to directives/instructions/guidelines issued by RBI by changing its management without prior approval of reserve bank of india  
Did not adhere to directives/instructions/guidelines issued by RBI on credit card operations of banks read with guidelines on managing risks and code of conduct in outsourcing of financial services by banks  
Did not adhere to directives/instructions/guidelines issued by RBI on data format for furnishing of credit information to credit information companies and other regulatory measures  
Did not adhere to directives/instructions/guidelines issued by RBI on disclosure of annualized rate of interest charged on loans to the borrowers at the time of sanction and did not give notice of change in terms and conditions of loan to borrowers when it charged higher rate of interest than what was communicated at the time of sanction  
Did not adhere to directives/instructions/guidelines issued by RBI on frauds monitoring and reporting mechanism  
Did not adhere to directives/instructions/guidelines issued by RBI on non-banking financial company-acceptance of public deposits (reserve bank) directives/instructions/guidelines, 1998  
Did not adhere to directives/instructions/guidelines issued by RBI on non-issuance of key fact statements to borrowers under two lending products and deficiencies in key fact statements issued in respect of other digital loans sanctioned by the company  
Did not adhere to directives/instructions/guidelines issued by RBI on outsourcing and fair practices code in digital lending operations undertaken through third party apps  
Did not adhere to directives/instructions/guidelines issued by RBI on payment to certain borrowers the surplus amounts realised by auction of gold articles pledged by those borrowers  
Did not adhere to directives/instructions/guidelines issued by RBI on raising money through private placement of non-convertible debentures (ncds) by NBFCs  
Did not adhere to directives/instructions/guidelines issued by RBI on reporting of frauds contained in monitoring of frauds in NBFCs reserve bank of inda directives/instructions/guidelines, 2016  
Did not adhere to directives/instructions/guidelines issued by RBI on statutory requirements of transfer of 20% of net profit as disclosed in its profit and loss account to reserve fund  
Did not adhere to directives/instructions/guidelines issued by RBI on verification of ownership of gold jewellery contained in NBFC reserve bank of inda directives/instructions/guidelines, 2016  
Did not adhere to directives/instructions/guidelines issued by RBI vide non-banking financial company-returns (reserve bank) directives/instructions/guidelines, 2016  
Did not adhere to directives/instructions/guidelines of RBI on appointment of independent directors/chief information officer/chief technology officer on it strategy committee  
Did not adhere to directives/instructions/guidelines of RBI on carring out periodic review of risk categorisation of customers and/or accounts  
Did not adhere to directives/instructions/guidelines of RBI on carrying out periodic updation of “know your clients” of customers as per risk  
Did not adhere to directives/instructions/guidelines of RBI on carrying out periodic updation of “know your clients” of customers as per risk categorisation  
Did not adhere to directives/instructions/guidelines of RBI on exposure limits on lending/investments in respect of single borrowers and single group of borrowers  
Did not adhere to directives/instructions/guidelines of RBI on monitoring of frauds in NBFCs  
Did not adhere to directives/instructions/guidelines of RBI on non-transfer of eligible funds to depositor education and awareness fund within prescribed period  
Did not adhere to directives/instructions/guidelines of RBI on outsourcing  
Did not adhere to directives/instructions/guidelines of RBI on outsourcing and fair practices code in digital lending operations undertaken through third party apps  
Did not adhere to directives/instructions/guidelines of RBI on prepaid payment instrument issuers (ppis)  
Did not adhere to directives/instructions/guidelines of RBI on prudential inter-bank (gross) exposure limits and/or inter-bank counter party exposure limits  
Did not adhere to directives/instructions/guidelines of RBI on robust software to throw alerts as part of effective identification of accounts and reporting of suspicious transactions  
Did not adhere to directives/instructions/guidelines of RBI on serious governance  
Did not adhere to directives/instructions/guidelines of RBI on trade receivables discounting system (treds)  
Did not adhere to directives/instructions/guidelines on classify certain loans and credit facilities as non-performing assets in accordance with the irac norms  
Did not adhere to directives/instructions/guidelines on issuance and renewal of non-convertible debentures (ncds) and loan against ncds  
Did not adhere to directives/instructions/guidelines on loan to value (ltv) ratio pertaining to gold loans  
Did not adhere to fair practices code (fpc) and disclosures in the balance sheet etc.  
Did not adhere to instructions of RBI and reported wrongly  
Did not adhere to instructions of RBI to change the name without obtaining prior approval of RBI  
Did not adhere to provisions of RBI act, 1934  
Did not adhere to provisions on issuance of non-convertible debentures (reserve bank) directives/instructions/guidelines, 2010  
Did not adhere to RBI commercial paper directives/instructions/guidelines, 2017  
Did not adhere to RBI directives/instructions/guidelines on membership of credit information companies (cics)  
Did not adhere to the specific direction of RBI to ensure full compliance with fair practices code (fpc) in letter and spirit  
Did not adhere to various directives/instructions/guidelines/orders of RBI in respect of assignment transaction  
Did not allot unique customer identification code (ucic) to individuals customers  
Did not classify certain gold loan accounts with overdues of more than ninety days as non-performing assets (npas)  
Did not close savings bank deposit accounts within thirty days from the date of opening of basic savings bank deposit (bsbd) accounts  
Did not constitute various committees of the board  
Did not create contingent provision against standard assets and had high leverage ratio  
Did not do risk categorisation of its customers  
Did not give notice of change in terms and conditions of loan to borrowers when it charged annualized rate of interest higher than what communicated at the time of sanction  
Did not identify beneficial owner in respect of entities onboarded by it to provide payout services  
Did not intend to pronounce upon validity of any transaction or agreement entered into by NBFC with customers  
Did not maintain loan-to-value (ltv) ratio of 75% in certain loan accounts  
Did not maintain prescribed liquidity coverage ratio (lcr) of 60% as a result of inclusion of ineligible assets as high quality liquid assets (hqla) for computation of liquidity coverage ratio (lcr)  
Did not make disclosure of components of adjusted net worth and other related information in its annual financial statements  
Did not make disclosure to retail borrowers, gradation of risk and rationale for charging different interest rates to different categories of borrowers in loan application form/sanction letter  
Did not make good shortfall in ltv ratio of 50% for loans granted against collateral within seven working days  
Did not notify change in penal interest rate to borrowers, when it charged penal interest rate higher than what was communicated at the time of sanction  
Did not obtain membership of credit information companies (cics)  
Did not obtain membership of three out of four credit information companies (cics)  
Did not obtain permanent account number (pan) card while granting gold loans in excess of Rs.5.00 lacs  
Did not obtain prior approval of RBI for appointment of directors  
Did not obtain prior written permission of RBI for change in management resulting in change in more than 30% of the directors, excluding independent directors  
Did not obtain prior written permission of RBI for change in shareholding due to progressive increases over time, resulting in acquisition of shareholding beyond permitted limit  
Did not put in place system of internal audit of all outsourced activities  
Did not put in to use any robust software as a part of effective identification and reporting of suspicious transactions  
Did not submit applicable returns and statutory auditor’s certificate to RBI  
Did not submit credit information pertaining to gold loan accounts to credit information companies  
Did not submit data to all four credit information companies (at monthly or shortly intervals)  
Did not surrender certificate of registration  
Failed to repay depositors  
Indulged in certain serious deficiencies in respect of loans sanctioned for ipo financing and subscription to non-convertible debentures (ncds)  
Not available  
Not-traceable non-banking financial institution  
Observed certain material supervisory concerns in the gold loan portfolio, did not adhere to standard auction process and lack of transparency in charges being levied to customer accounts  
Offered interest on deposits of non-individual constituents at rates applicable to senior/super senior citizens  
Opted to exit from business of non banking financial institution  
Partnership firm with the name of muthoot estate investments in which promoters of muthoot fincorp ltd. were partners, collected deposits in form of fixed deposits, cumulative deposits and special public deposits from public  
Persistent/repeat complaints about harassment of customers due to recovery and collection methods a adopted by the company  
Recovery agents did not report to harassment or intimidation of customers as part of its debt collection efforts  
Surrendered certificate of registration  
Violated directives/instructions/guidelines issued by RBI  
Violated fair practices code of master direction DNBR.PD.008/03.10.119/2016-17 dated 01/09/2016  
Payment System Operators (non-bank) 01/08/1996 22/04/2024
Actions by RBI
Cancelled certificate of authorisation  
Certificate of authorisation revoked  
Directed not to further deposits or credit transactions or top ups allowin any customer accounts, prepaid instruments, wallets, fastags, national common mobility cards etc.  
Directed to appoint it audit firm to conduct comprehensive system audit of it system  
Directed to permit without any restrictions, withdraw or utilize balances from their accounts including savings bank accounts, current accounts, prepaid instruments, fastags, national common mobility cards etc. up to available balance  
Directed to stop onboarding of new customers  
Imposed penalty  
Restrained from onboarding new domestic customers onto their card networks  
Reasons for Action
Deficiencies in regulatory compliance  
Did not adhere to directives/instructions/guidelines of RBI on master direction on money transfer service scheme (mtss) directions, 2017  
Did not adhere to directives/instructions/guidelines of RBI on storage of payment system data  
Did not adhere to instructions of RBI on material supervisory concerns  
Did not adhere to instructions of RBI on supervisory action framework (saf)  
Did not adhere to payment and settlement systems act, 2007  
Did not adhere to regulatory requirements issued by RBI  
Did not comply with directives/instructions/guidelines of RBI on comprehensive system audit report and subsequent compliance validation report of external auditors  
Did not obtain necessary documents regarding nature and proof of business  
Did not put in place mechanism to ensure integrity of critical file of applications, databases and operating systems  
Did not renew certificate of registraton  
Did not take live photographs of customers capturing water-mark in readable form, caf number, gps coordinates, authorized official’s name, unique employee code (assigned by re), date and time stamp while carrying out digital kyc  
Issued demand drafts each for value of rupees fifty thousand and above without incorporating name of the purchaser on the face of it  
Made persistent calls to some of the customers  
Recovered sms alert charges from customers, not on actual usage basis  
Surrendered certificate of registration  
Voluntarily surrendered certificate of authorisation  
Persons 01/08/1996 22/04/2024
Actions by RBI
Designated as terrorists  
Reasons for Action
Involved in terrorism under unlawful activities (prevention) act, 1967  
Prepaid Payment Instrument Issuers (non-bank) 01/08/1996 22/04/2024
Actions by RBI
Cancelled certificate of authorisation  
Imposed penalty  
Reasons for Action
Allowed operations and did not close several accounts open using otp based e-kyc in non-face-to-face mode, even after expiry of one year without conducting customer due diligence procedure  
Did not adhere to certain directives/instructions/guidelines issued by RBI on issuance and operation of ppis in india  
Did not adhere to directives/instructions/guidelines of RBI on net-worth requirement  
Did not adhere to directives/instructions/guidelines of RBI on prepaid payment instrument issuers (ppis)  
Did not adhere to payment and settlement systems act, 2007  
Did not adhere to regulatory requirements issued by RBI  
Voluntarily surrendered certificate of authorisation  
Primary Dealer 01/08/1996 22/04/2024
Actions by RBI
Cancelled certificate of registration  
Rejection of application for renewal of registration  
Withdrawn authorization as primary dealer  
Reasons for Action
Did not adhere to provisions of RBI act, 1934  
Did not fulfil minimum eligibility criteria  
Surrendered certificate of registration  
Private Banks 01/08/1996 22/04/2024
Actions by RBI
Directed to stop all transactions under liberalized remittance scheme  
Imposed penalty  
Merger with another bank  
Ordered of moratorium  
Superseded board of directors  
Reasons for Action
Adopted multiple benchmarks within same loan category  
Allowed operations and did not close several accounts open using otp based e-kyc in non-face-to-face mode, even after expiry of one year without conducting customer due diligence procedure  
Bank’s control systems failed in detecting irregularities  
Classified borrowed accounts as npas, leading to significant divergence between reported and assessed npas  
Created financial/non-financial messages in swift without first ensuring that the underlying transactions have been duly reflected in cbs  
Deficiencies in regulatory compliance  
Delay in reporting cyber security incident  
Deleted records in bank’s it systems  
Did not adhere to anti money laundering (aml) directives/instructions/guidelines  
Did not adhere to directives on composition of board of directors violating section 10A(2)(B) of RBI act.  
Did not adhere to directives pertaining to collection of third party account payee cheques  
Did not adhere to directives/instructions/guidelines issued by RBI on acceptance of deposits from non-residents  
Did not adhere to directives/instructions/guidelines issued by RBI on educational loan scheme and credit flow to agriculture – agricultural loans – waiver of margin/security requirements  
Did not adhere to directives/instructions/guidelines issued by RBI on financial inclusion - access to banking services - basic savings bank deposit account dated 10/08/2012  
Did not adhere to directives/instructions/guidelines issued by RBI on financial services provided by banks  
Did not adhere to directives/instructions/guidelines issued by RBI on strengthening the controls of payment ecosystem between sponsor banks and scbs/ucbs as corporate customer dated 09/05/2019  
Did not adhere to directives/instructions/guidelines of fema  
Did not adhere to directives/instructions/guidelines of RBI in matter of deccan chronicle holdings ltd.  
Did not adhere to directives/instructions/guidelines of RBI in relation to income recognition, asset classification and provisioning directives/instructions/guidelines  
Did not adhere to directives/instructions/guidelines of RBI on “reserve bank of india (fraud classification and reporting by commercial banks and select fis) directives/instructions/guidelines, 2016”  
Did not adhere to directives/instructions/guidelines of RBI on bank finance to NBFCs  
Did not adhere to directives/instructions/guidelines of RBI on carring out periodic review of risk categorisation of customers and/or accounts  
Did not adhere to directives/instructions/guidelines of RBI on classification and reporting of frauds  
Did not adhere to directives/instructions/guidelines of RBI on creation of central repository of large common exposures - across banks read with central repository of information on large credits (crilc) – revision in reporting  
Did not adhere to directives/instructions/guidelines of RBI on customer protection–limiting liability of customers in unauthorised electronic banking transactions  
Did not adhere to directives/instructions/guidelines of RBI on depositor education and awareness fund scheme, 2014  
Did not adhere to directives/instructions/guidelines of RBI on direct creation of payment messages in swift environment  
Did not adhere to directives/instructions/guidelines of RBI on direct sale of securities from its htm portfolio and specified disclosure in this regard  
Did not adhere to directives/instructions/guidelines of RBI on fully automate npa identification process  
Did not adhere to directives/instructions/guidelines of RBI on guarantees and co-acceptances  
Did not adhere to directives/instructions/guidelines of RBI on implementation of straight through processing (stp) between cbs/accounting system and swift system  
Did not adhere to directives/instructions/guidelines of RBI on income recognition and asset classification (irac) norms and frauds  
Did not adhere to directives/instructions/guidelines of RBI on independent reconciliation of logs generated from swift with corresponding entry passed in cbs/accounting system  
Did not adhere to directives/instructions/guidelines of RBI on installation of notes sorting machines  
Did not adhere to directives/instructions/guidelines of RBI on introduction of additional layer of approval for all payment messages exceeding particular threshold  
Did not adhere to directives/instructions/guidelines of RBI on issuance of bonus shares to non-resident entities  
Did not adhere to directives/instructions/guidelines of RBI on lending to NBFCs  
Did not adhere to directives/instructions/guidelines of RBI on levy of penal charges on non-maintenance of minimum balances in savings bank accounts  
Did not adhere to directives/instructions/guidelines of RBI on loans and advances–statutory and other restrictions  
Did not adhere to directives/instructions/guidelines of RBI on no incentive (cash or non-cash) to be paid to its staff engaged in insurance broking/corporate agency services by insurance co.  
Did not adhere to directives/instructions/guidelines of RBI on nostro reconciliation on T+1/T+5 basis  
Did not adhere to directives/instructions/guidelines of RBI on operating guidelines for small finance banks  
Did not adhere to directives/instructions/guidelines of RBI on operational guidelines, 2014  
Did not adhere to directives/instructions/guidelines of RBI on payment of interest on balance amounts lying in current accounts of deceased individual depositors/sole proprietorship concerns while making payments to claimants  
Did not adhere to directives/instructions/guidelines of RBI on preservation of records of identification of customers and/or their address (modified)  
Did not adhere to directives/instructions/guidelines of RBI on promoter holding  
Did not adhere to directives/instructions/guidelines of RBI on prudential directives/instructions/guidelines for classification, valuation and operation of investment portfolio by banks  
Did not adhere to directives/instructions/guidelines of RBI on reporting of data on central repository of information on large credits (crils)  
Did not adhere to directives/instructions/guidelines of RBI on treasury function and deficiencies in its compliance function & compliance culture  
Did not adhere to directives/instructions/guidelines of RBI to ensure that the users entering/passing/authorizing transactions in cbs different from those operating in swift environment  
Did not adhere to directives/instructions/guidelines of risk categorization of accounts  
Did not adhere to directives/instructions/guidelines on kyc compliance for walk-in customers including for sale of third party products  
Did not adhere to instructions of RBI on derivatives, such as failure to carry out due diligence in regard to suitability of products, selling derivative products to users not having risk management policies and not verifying underlying/adequacy of underlying and eligible limits under past performance route  
Did not adhere to instructions of RBI on material supervisory concerns  
Did not adhere to instructions of RBI on reporting requirements of foreign exchange management act, 1999 (fema)  
Did not adhere to instructions on classification of accounts as ‘in-operative’/dormant and lapses in monitoring of transactions in dormant accounts  
Did not adhere to instructions on import of gold on consignment basis  
Did not adhere to instructions on monitoring of transactions in customer accounts  
Did not adhere to instructions on upper limit for remittances under liberalised remittance scheme  
Did not adhere to instructions on upper limit for repatriation of funds from non resident ordinary (nro) accounts  
Did not adhere to instructions to file strs  
Did not adhere to instructions which prohibits acceptance of cash above Rs.50, 000 for sale of gold coins and issue of demand drafts etc.  
Did not adhere to one of the licensing conditions stipulated by RBI  
Did not adhere to provisions of RBI act, 1934  
Did not adhere to prudential directives/instructions/guidelines of RBI on income recognition and asset classification (irac) and provisioning pertaining to advances-divergence in npa accounts  
Did not adhere to RBI directives on derivatives  
Did not adhere to RBI lending to micro, small & medium enterprises (msme) sector directives/instructions/guidelines, 2017  
Did not adhere to RBI regulations  
Did not adhere to regulatory restrictions pertaining to non-fund based facilities  
Did not adhere to the directives/instructions/guidelines of RBI for opening of current accounts  
Did not adhere to the directives/instructions/guidelines of RBI on detection & impounding of counterfeit notes  
Did not adhere to the directives/instructions/guidelines of RBI on payment of compensation for delay in resolution of atm-related customer complaints  
Did not adhere to the directives/instructions/guidelines of RBI on reporting of assessment under rbs  
Did not adhere to various regulations of RBI in assessment of non-performing assets (npas)  
Did not allocate unique customer identification code (ucic)  
Did not benchmark interest on certain floating rate retail loans and floating rate loans to msme, to external benchmark lending rate  
Did not carry out annual review/due diligence of service provider  
Did not communicate decision of its internal ombudsman (io) properly  
Did not ensure adequate & effective arrangements by constituent to meet commitment while granting letter of credit facility  
Did not ensure appropriate behavior of recovery agents with some of delinquent borrowers and did not ensure a tape recording of the content/text of the calls made by the recovery agents  
Did not ensure integrity and quality of data submitted to crilc  
Did not ensure that customers are not contacted after 7 pm and before 7 am  
Did not ensure that the pre-employment police verification was carried out for recovery agents engaged by it  
Did not ensure that the recovery agents engaged by bank either directly or through recovery agencies had completed training course for direct recovery agents and obtained certificate from indian institute of banking & finance  
Did not file cash transaction reports (ctrs) in respect of some cash transactions, sale of gold coins for cash beyond rs. 50,000  
Did not observe certain safeguards in respect of arrangement of “at par” payment of cheques drawn by co-operative banks  
Did not obtain annual declaration in form b from one of major shareholders  
Did not obtain declarations from customers at the time of opening of current accounts  
Did not obtain permanent account number (pan) card details or form 60/61  
Did not pay interest to overdue term deposits from the date of maturity till the date of repayment  
Did not price certain floating rate loans with reference to actual benchmark rate applicable to those loans  
Did not provide certain documents sought by RBI and misrepresented that such documents were not available  
Did not re-designate few accounts as nro accounts  
Did not report frauds to RBI  
Did not report to RBI about cyber-security incident involving atms of the bank within prescribed timeframe  
Did not reset interest rates in mclr and external benchmark linked advances at prescribed periodicity  
Did not submit details of shareholding of promoters & proposed course of action/plans/strategy to comply with permitted timeline for dilution of promoter shareholding  
Did not verify source of funds credited to few non-resident ordinary (nro) accounts  
Extended term loans to a corporation (a) without undertaking due diligence on the viability and bankability of the projects to ensure that revenue streams from the projects are sufficient to take care of the debt servicing obligations (b) failed to ensure that the repayment/servicingof the term loans was not made out of budgetary resources  
Extremely unsatisfactory financial position  
Furnished certificates to RBI regarding continuance of 'fit and proper’ status of one of major shareholder  
Irregularities in conduct of accounts of a corporate group  
Levied foreclosure charges despite there was no clause in loan agreement for levy of prepayment penalty on loans recalled/foreclosure initiated by bank  
Levied penal charges in certain accounts for late payment of credit card dues though customers had paid dues by due date through third party platforms  
Made persistent calls to some of the customers  
Made pillar 3 disclosures in its annual report and website  
Marketed and engaged in sale of non-financial product  
Offered interest rate applicable to normal term deposits on certain senior citizen term deposits instead of higher rate of interest applicable to such deposits  
Opened and allowed transactions in current accounts of a company without undertaking customer due diligence procedure  
Opened several savings deposit accounts in the name of ineligible entities  
Persistent/repeat complaints about harassment of customers due to recovery and collection methods a adopted by the company  
Sanctioned loan to a relative of one of its directors  
Sanctioned loans to certain borrowers against pledge of gold ornaments and jewellery for non-agricultural purposes exceeding 75% of value of gold ornaments and jewellery  
Sanctioned term loan to a psu for financing infrastructure projects (i) without undertaking due diligence on the viability and bankability of the projects to ensure that revenue streams from the projects were sufficient to take care of the debt servicing obligations and (ii) repayment/servicing of term loans was made out of budgetary resources  
Violated directives/instructions/guidelines of RBI on ipo financing  
Violated directives/instructions/guidelines of RBI on non-transfer of unclaimed deposits to depositor education and awareness fund under section 26(A) of banking regulation, act 1949 ibid  
Violated directives/instructions/guidelines of RBI on opening of accounts including joint accounts  
Violated regulations of RBI on ensuring end-use of bank's funds lent to borrowers  
Violated sub-section (1) of section 35A of banking regulation act, 1949  
Wrongly reported external rating of certain borrowers to central repository of information on large credits (crilc)  
Private Banks (payments Banks) 01/08/1996 22/04/2024
Actions by RBI
Imposed penalty  
Reasons for Action
Allowed operations and did not close several accounts open using otp based e-kyc in non-face-to-face mode, even after expiry of one year without conducting customer due diligence procedure  
Did not adhere to the directives/instructions/guidelines issued by RBI on timely submission of application of reappointment of managing director and chief executive officer  
Public Sector Banks 01/08/1996 22/04/2024
Actions by RBI
Imposed penalty  
Reasons for Action
Allowed operations and did not close several accounts open using otp based e-kyc in non-face-to-face mode, even after expiry of one year without conducting customer due diligence procedure  
Did not adhere to anti money laundering (aml) directives/instructions/guidelines  
Did not adhere to certain provisions of directives/instructions/guidelines issued by RBI contained in the circular dated 16/11/2019 on marketing/distribution of mutual fund/insurance etc., products by banks  
Did not adhere to directives/instructions/guidelines of RBI in matter of deccan chronicle holdings ltd.  
Did not adhere to directives/instructions/guidelines of RBI on cheque purchase/discounting and bill discounting etc.  
Did not adhere to directives/instructions/guidelines of RBI on direct creation of payment messages in swift environment  
Did not adhere to directives/instructions/guidelines of RBI on implementation of straight through processing (stp) between cbs/accounting system and swift system  
Did not adhere to directives/instructions/guidelines of RBI on independent reconciliation of logs generated from swift with corresponding entry passed in cbs/accounting system  
Did not adhere to directives/instructions/guidelines of RBI on introduction of additional layer of approval for all payment messages exceeding particular threshold  
Did not adhere to directives/instructions/guidelines of RBI on nostro reconciliation on T+1/T+5 basis  
Did not adhere to directives/instructions/guidelines of RBI pertaining to sanction/renewal of loans & advances  
Did not adhere to directives/instructions/guidelines of RBI to ensure that the users entering/passing/authorizing transactions in cbs different from those operating in swift environment  
Did not adhere to instructions of RBI on derivatives, such as failure to carry out due diligence in regard to suitability of products, selling derivative products to users not having risk management policies and not verifying underlying/adequacy of underlying and eligible limits under past performance route  
Did not adhere to instructions on funds received through real time gross settlement system (rtgs)  
Did not adhere to instructions on monitoring of transactions in customer accounts  
Did not exercise due diligence in opening of fixed deposit accounts & granting of overdrafts  
Middlemen/intermediaries involved in opening of accounts and also subsequent operations in those accounts  
Violated directives/instructions/guidelines issued by RBI  
Weaknesses in internal control systems, management oversight and used internal accounts for parking customer funds etc.  
Regional Rural Banks 01/08/1996 22/04/2024
Actions by RBI
Imposed penalty  
Reasons for Action
Allowed operations and did not close several accounts open using otp based e-kyc in non-face-to-face mode, even after expiry of one year without conducting customer due diligence procedure  
Defaulted in maintenance of Cash Reserve Ratio  
Delay in transfer of eligible unclaimed deposits to depositor education & awareness fund  
Did not adhere to directives/instructions/guidelines of RBI in relation to income recognition, asset classification and provisioning directives/instructions/guidelines  
Did not adhere to directives/instructions/guidelines on classify certain loans and credit facilities as non-performing assets in accordance with the irac norms  
Did not adhere to directives/instructions/guidelines on exposure limits for single investment  
Did not adhere to directives/instructions/guidelines on prudential directives/instructions/guidelines  
Violated branch licensing directives/instructions/guidelines  
Residuary Non-banking Co. 01/08/1996 22/04/2024
Actions by RBI
Ordered to lodge all securities held in custody with the designated bank for custody  
Ordered to repay public deposits  
Prohibited from accepting deposits  
Reasons for Action
Violated directives/instructions/guidelines issued by RBI  
Satellite Dealer 01/08/1996 22/04/2024
Actions by RBI
Cancelled certificate of registration  
Reasons for Action
Business taken over by another company  
Scheduled Co-operative Banks 01/08/1996 22/04/2024
Actions by RBI
Cancelled banking license  
Directed registrar of co-operative societies to issue order for winding up of bank and appoint liquidator  
Imposed penalty  
Prohibited from disbursing any payments (except to small depositors)  
Prohibited from entering into any arrangements  
Prohibited from granting/renewing any loans/advances  
Prohibited from incurring any liability including borrowal of funds/fresh deposits  
Prohibited from making any investment  
Prohibited from selling/transferring any properties/assets  
Rejection of application for banking license  
Winding up of bank  
Reasons for Action
Did not adhere to directives/instructions/guidelines of RBI on income recognition and asset classification (irac) norms and frauds  
Did not adhere to provisions of sections 11(1), 22(3)(A) and 22(3)(B) of the banking regulation act, 1949 (as applicable to co-operative societies)  
Did not adhere to RBI regulations  
Extremely unsatisfactory financial position  
Failed to pay debts  
Irretrievable and weak financial condition  
Urban Co-operative Banks 01/08/1996 22/04/2024
Actions by RBI
Cancelled banking license  
Cautioned public that RBI has not granted permission to carry out banking activities  
Directed registrar of co-operative societies to issue order for winding up of bank and appoint liquidator  
Imposed penalty  
Liquidator appointed by state government  
Ordered to repay public deposits  
Placed under directions  
Prohibited from carrying on 'banking business' including acceptance and repayment of deposit  
Prohibited from disbursing any payments (except to small depositors)  
Prohibited from entering into any arrangements  
Prohibited from granting secured loans against certain securities  
Prohibited from granting/renewing any loans/advances  
Prohibited from incurring any liability including borrowal of funds/fresh deposits  
Prohibited from making any investment  
Prohibited from selling/transferring any properties/assets  
Rejection of application for banking license  
Restrained from granting or renewing any loan /advances, make any investment, incur any liabilities including borrowal of funds and acceptance of fresh deposits, disburse or agree to disburse any payment whether in discharge of its liabilities and obligations or otherwise, enter into any compromise or arrangement and sell, transfer or otherwise dispose of any of its properties or assets  
Restrained from granting or renewing any loan /advances, make investment, incur liabilities, borrow, deal in properties etc. without approval of RBI in writing  
Reasons for Action
Allotted multiple customer identification codes to same customers  
Allowed limits beyond exposure ceiling  
Allowed operations and did not close several accounts open using otp based e-kyc in non-face-to-face mode, even after expiry of one year without conducting customer due diligence procedure  
Ceased to be solvent  
Collected fix penalty for shortfall in maintenance of minimum balance in saving bank accounts instead of proportionate to the extent of shortfall  
Default in maintenance of statutory liquidity ratio (slr)  
Defaulted in maintenance of Cash Reserve Ratio  
Delay in reporting cyber security incident  
Delay in reporting of frauds to RBI and/or nabard  
Did not adhere to “know your customer” directives/instructions/guidelines in opening and/or operating the accounts  
Did not adhere to anti money laundering (aml) directives/instructions/guidelines  
Did not adhere to certain directives/instructions/guidelines issued by RBI under supervisory action framewark  
Did not adhere to directives/instructions/guidelines for gold loan with bullet repayment option  
Did not adhere to directives/instructions/guidelines issued by RBI on board of directors of urban co-operative banks (ucbs)  
Did not adhere to directives/instructions/guidelines issued by RBI on interest rate on deposits  
Did not adhere to directives/instructions/guidelines of RBI in relation to income recognition, asset classification and provisioning directives/instructions/guidelines  
Did not adhere to directives/instructions/guidelines of RBI on basic cyber security framework and/or comprehensive cyber security framework for primary (urban) co-operative banks  
Did not adhere to directives/instructions/guidelines of RBI on carring out periodic review of risk categorisation of customers and/or accounts  
Did not adhere to directives/instructions/guidelines of RBI on carrying out periodic updation of “know your clients” of customers as per risk  
Did not adhere to directives/instructions/guidelines of RBI on classification and reporting of frauds  
Did not adhere to directives/instructions/guidelines of RBI on customer protection–limiting liability of customers in unauthorised electronic banking transactions  
Did not adhere to directives/instructions/guidelines of RBI on depositor education and awareness fund scheme, 2014  
Did not adhere to directives/instructions/guidelines of RBI on exposure directives/instructions/guidelines and statutory/other restrictions  
Did not adhere to directives/instructions/guidelines of RBI on extended loans to directors, resorted to ever-greening of director related loans and breached single borrower exposure limits  
Did not adhere to directives/instructions/guidelines of RBI on granting loans for real estate purposes  
Did not adhere to directives/instructions/guidelines of RBI on income recognition and asset classification (irac) norms and frauds  
Did not adhere to directives/instructions/guidelines of RBI on levy of penal charges on non-maintenance of minimum balances in savings bank accounts  
Did not adhere to directives/instructions/guidelines of RBI on loans and/or advances to directors and their relatives  
Did not adhere to directives/instructions/guidelines of RBI on maintenance of deposit accounts  
Did not adhere to directives/instructions/guidelines of RBI on management of advances  
Did not adhere to directives/instructions/guidelines of RBI on maximum limits on unsecured advances/loans  
Did not adhere to directives/instructions/guidelines of RBI on non-transfer of eligible funds to depositor education and awareness fund within prescribed period  
Did not adhere to directives/instructions/guidelines of RBI on prohibiting loans & advances to directors & their relatives and firms/companies/concerns in which they are interested  
Did not adhere to directives/instructions/guidelines of RBI on prudential inter-bank (gross) exposure limits and/or inter-bank counter party exposure limits  
Did not adhere to directives/instructions/guidelines of RBI on prudential inter-bank counter party limit with multiple banks  
Did not adhere to directives/instructions/guidelines of RBI on prudential inter-bank single & gross exposure limit  
Did not adhere to directives/instructions/guidelines of RBI on requirements on is audit and internal audit compliance  
Did not adhere to directives/instructions/guidelines of RBI on robust software to throw alerts as part of effective identification of accounts and reporting of suspicious transactions  
Did not adhere to directives/instructions/guidelines of RBI on transfer of balances lying in certain accounts remaining unclaimed for more than years  
Did not adhere to directives/instructions/guidelines of RBI on transfer of eligible funds to depositor education and awareness fund  
Did not adhere to directives/instructions/guidelines of RBI pertaining to issue of cheque books  
Did not adhere to directives/instructions/guidelines of risk categorization of accounts  
Did not adhere to directives/instructions/guidelines on admission of co-operative societies as nominal members  
Did not adhere to directives/instructions/guidelines on classify certain loans and credit facilities as non-performing assets in accordance with the irac norms  
Did not adhere to directives/instructions/guidelines on prudential directives/instructions/guidelines  
Did not adhere to directives/instructions/guidelines on share linking directives/instructions/guidelines  
Did not adhere to instructions of RBI on supervisory action framework (saf)  
Did not adhere to provisions of RBI act, 1934  
Did not adhere to provisions of RBI act, 1949  
Did not adhere to RBI regulations  
Did not adhere to the ceiling as prescribed by RBI on donation  
Did not adhere to the ceiling as prescribed by RBI on levy of service charges on customers  
Did not conduct annual review of inoperative and/or dormant accounts  
Did not constitute customer service committee of board, put in place a customer grievance redressal policy duly approved by the and maintain any register for complaints from customers/constituents in its branches  
Did not have adequate capital structure & earning prospects and not in a position to pay its present and/or future depositors in full  
Did not pay eligible interest at the time of repayment on term deposits maturing on sunday/holiday/non-business working day and paid on succeeding working days  
Did not pay interest on matured term deposits from the date of maturity till date of repayment at the applicable rate  
Did not pay interest on term deposits which were withdrawn prematurely  
Did not provide records/information/statements of accounts of various heads and vouchers with supporting documents etc. for verification  
Extended loans to its directors and/or relative of the directors  
Extremely unsatisfactory financial position  
Granted unsecured loans to director and/or their proprietorship firm  
Irretrievable and weak financial condition  
Levied foreclosure charges despite there was no clause in loan agreement for levy of prepayment penalty on loans recalled/foreclosure initiated by bank  
Offered interest rates on deposits for various durations higher than that offered by state bank of india in non-compliance with the saf directions  
Paid dividend, sanctioned/renewed loans exceeding 50% of applicable regulatory limit for single borrower exposure, incurred capital expenditure exceeding prescribed limit and incurred operating expenditure by granting gifts  
Sanctioned credit facilities to individuals where relatives of its directors stood as guarantors  
Sanctioned fresh loans and advances and allowed cash credit facilities to be overdrawn violating specific directions issued under supervisory action framework (saf)  
Sanctioned fresh loans and advances to single borrowers in excess of 50% of applicable regularity limits  
Sanctioned loan to a relative of one of its directors  
Sanctioned loans to nominal members where loan amount in each case exceeded the applicable ceiling  
Submitted inaccurate information to reserve bank of india regarding credit facilities to directors and relatives  
Unauthorised use of word 'bank' without prior permission/licence from RBI  
Violated directives/instructions/guidelines by sanctioning fresh loans & advances  
Violated directives/instructions/guidelines for granting unsecured credit facilities  
Violated directives/instructions/guidelines issued by RBI  
Violated directives/instructions/guidelines of RBI for conducting banking business  
Violated directives/instructions/guidelines of RBI on individual and group exposure limits  
Violated directives/instructions/guidelines pertaining to ceiling on unsecured advances applicable to urban co-operative banks (ucbs)  
Violated instructions of RBI on membership of co-operative societies,conduct of non-banking business,use of word”bank”in the name of another institution and share linking directives/instructions/guidelines  
Violated instructions on persistence of irregularities of previous inspection report and requirement of reporting of cash transactions in excess of Rs.10 lakh to fiu-ind,as required under aml directives/instructions/guidelines  
Violated provisions of section 31 of banking regulation, act 1949 relating to publication/submission of accounts and balance sheet  
Violated sub-section (1) of section 35A of banking regulation act, 1949  
Waived interest on advance which was related to a director of the bank  
White Label Atm Operators (non-bank) 01/08/1996 22/04/2024
Actions by RBI
Cancelled certificate of authorisation  
Imposed penalty  
Reasons for Action
Did not adhere to certain directives/instructions/guidelines issued by RBI on white label atms in india guidelines, 2012  
Did not comply with the directions issued by RBI on atm deployment targets  
Voluntarily surrendered certificate of authorisation  
REGULATORY ACTIONS PRESENTLY COVERED BY THIS WEBSITEPERIOD COVERED
FROMTO/UPTIL
ACE DERIVATIVES & COMMODITY STOCK EXCHANGE LTD. (since closed)
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 19/05/2011  31/12/2019
ASSOCIATION OF MUTUAL FUNDS OF INDIA,THE
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 30/09/2013  31/03/2024
BANKS
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 29/03/2000  05/04/2024
BOARD FOR INDUSTRIAL & FINANCIAL RECONSTRUCTION (since dissolved)
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 31/12/1987  31/10/2005
BSE LTD.
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 05/06/1995  22/04/2024
CENTRAL BOARD OF INDIRECT TAXES & CUSTOMS
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 01/04/2003  31/03/2024
CENTRAL BUREAU OF INVESTIGATION
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 05/04/2001  22/04/2024
CENTRAL DEPOSITORY SERVICES (INDIA) LTD.
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 15/03/2004  15/04/2024
COMPANY LAW BOARD
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 01/04/2000  30/06/2008
DEBT RECOVERY TRIBUNALS
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 16/08/2000  03/04/2024
DELHI STOCK EXCHANGE LTD. (since dissolved)
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 31/03/2002  30/09/2020
DEPARTMENT OF INCOME TAX
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 15/04/2015  31/03/2024
EMPLOYEES' PROVIDENT FUND ORGANISATION
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 31/03/2005  23/09/2021
INDIAN CLEARING CORP.LTD.
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 25/09/2012  31/03/2024
INDIAN COMMODITY EXCHANGE LTD.
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 10/06/2006  22/04/2024
INSOLVENCY & BANKRUPTCY BOARD OF INDIA - NATIONAL COMPANY LAW TRIBUNAL
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 17/01/2017  22/04/2024
INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
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 28/10/2004  31/03/2024
INSURANCE REGULATORY & DEVELOPMENT AUTHORITY OF INDIA
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 16/08/2002  22/04/2024
INTER-CONNECTED STOCK EXCHANGE
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 17/04/2004  31/03/2024
METROPOLITAN STOCK EXCHANGE OF INDIA LTD.
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 20/05/2010  22/04/2024
MINISTRY OF CORPORATE AFFAIRS, EASY EXIT SCHEME
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 15/12/2010  03/08/2014
MINISTRY OF CORPORATE AFFAIRS, OFFICIAL LIQUIDATORS
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 27/04/1946  31/03/2018
MINISTRY OF CORPORATE AFFAIRS, PERSONS DISQUALIFIED FROM DIRECTORSHIP
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 31/08/2017  31/03/2024
MINISTRY OF CORPORATE AFFAIRS, REGISTRARS OF COMPANIES
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 27/01/2001  04/09/2015
MINISTRY OF CORPORATE AFFAIRS, SERIOUS FRAUD INVESTIGATION OFFICE
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MINISTRY OF CORPORATE AFFAIRS, SIMPLIFIED EXIT SCHEME
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MINISTRY OF CORPORATE AFFAIRS, VANISHING COMPANIES
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 30/01/2006  31/03/2024
MINISTRY OF FINANCE - FINANCIAL INTELLIGENCE UNIT
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 14/02/2013  31/03/2024
MINISTRY OF FINANCE - FORWARD MARKETS COMMISSION (since merged with SEBI)
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 23/07/2011  22/04/2024
MULTI COMMODITY EXCHANGE CLEARING CORP.LTD.
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 09/11/2018  22/04/2024
MULTI COMMODITY EXCHANGE OF INDIA LTD.
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 08/04/2011  22/04/2024
NATIONAL COMMODITY & DERIVATIVES EXCHANGE LTD.
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 30/03/2011  22/04/2024
NATIONAL COMMODITY CLEARING LTD.
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 14/05/2008  22/04/2024
NATIONAL FINANCIAL REPORTING AUTHORITY
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 22/07/2020  18/04/2024
NATIONAL HOUSING BANK
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 01/03/2006  31/03/2024
NATIONAL SECURITIES DEPOSITORY LTD.
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 19/11/2004  05/04/2024
NATIONAL SPOT EXCHANGE LTD.
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 22/08/2013  31/03/2024
NATIONAL STOCK EXCHANGE OF INDIA LTD.
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 01/01/2000  22/04/2024
NSE CLEARING LTD.
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 19/09/2013  22/04/2024
RESERVE BANK OF INDIA
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 01/08/1996  22/04/2024
SECURITIES AND EXCHANGE BOARD OF INDIA (For only consent orders click here)
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 01/01/1997  22/04/2024
UNITED NATIONS SECURITY COUNCIL
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 02/04/2018  31/03/2024
OTHER SOURCES IN THE OFFING
CREDIT INFORMATION BUREAU (INDIA) LTD.
ECONOMIC OFFENCES WING
ENFORCEMENT DIRECTORATE
ENVIRONMENT POLLUTION BOARD
FINANCIAL INSTITUTIONS
INSTITUTE OF COMPANY SECRETARIES OF INDIA,THE
INSTITUTE OF COST AND WORKS ACCOUNTANTS OF INDIA
LABOUR DEPARTMENT
RATING AGENCIES
SERVICE TAX
STATE FINANCIAL CORPORATIONS
STATE INDUSTRIAL DEVELOPMENT CORPORATIONS
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