|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
201
|
|
BIRDEV SAHAKARI BANK LTD.
|
|
|
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 DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON INTER-BANK (GROSS) EXPOSURE LIMIT, INTER-BANK COUNTER PARTY LIMIT AND UNSECURED ADVANCES LIMIT
|
IMPOSED PENALTY RS.5,00,000 FROM 26-MAY-2016
26-MAY-2016
|
|
|
202
|
|
|
BISHNUPUR TOWN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON CARRYING OUT PERIODIC UPDATION OF “KNOW YOUR CLIENTS” OF CUSTOMERS AS PER RISK CATEGORISATION OF CUSTOMERS AND/OR ACCOUNTS
|
IMPOSED PENALTY RS.1,00,000 FROM 03-APR-2024
03-APR-2024
|
|
|
203
|
|
|
BODELI URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON LOANS & ADVANCES TO DIRECTORS ETC AS SURETY/GUARANTORS CLASSIFICATION OF UCBS
|
IMPOSED PENALTY RS.2,25,000 FROM 16-DEC-2022
16-DEC-2022
|
|
|
204
|
|
|
BOMBAY MERCANTILE CO-OPERATIVE BANK LTD.
|
|
|
ENGAGED AND EARNED INCOME FROM BUSINESS, NOT PERMISSIBLE UNDER BANKING REGULATION ACT, 1949
|
IMPOSED PENALTY RS.33,30,000 FROM 17-FEB-2025
17-FEB-2025
|
|
|
205
|
|
|
BOMBAY MERCANTILE CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI PERTAINING TO LOANS BEYOND CEILING OF RS.1 LAKH TO NOMINAL MEMBERS
SANCTIONED LOANS ON BULLET REPAYMENT BASIS AGAINST GOLD/SILVER ORNAMENTS BEYOND PRESCRIBED CEILING LIMIT
RECOVERED CHARGES FOR ACTIVATION OF INOPERATIVE ACCOUNTS, CLAIMING
TO BE REIMBURSEMENT OF EXPENSES FOR SUCH ACTIVATION
|
IMPOSED PENALTY RS.63,30,000 FROM 06-FEB-2024
06-FEB-2024
|
|
|
206
|
|
|
BOMBAY MERCANTILE CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON TRANSFER OF ELIGIBLE FUNDS TO DEPOSITOR EDUCATION AND AWARENESS FUND
|
IMPOSED PENALTY RS.13,00,000 FROM 21-APR-2023
21-APR-2023
|
|
|
207
|
|
|
BOMBAY MERCANTILE CO-OPERATIVE BANK LTD.
|
|
|
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 INSTRUCTIONS OF RBI ON SUPERVISORY ACTION FRAMEWORK (SAF)
|
IMPOSED PENALTY RS.50,00,000 FROM 02-SEP-2021
02-SEP-2021
|
|
|
208
|
|
|
BOMBAY MERCANTILE CO-OPERATIVE BANK LTD.
|
|
|
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
|
IMPOSED PENALTY RS.75,00,000 FROM 19-JAN-2017
19-JAN-2017
|
|
|
209
|
|
|
BOMBAY MERCANTILE CO-OPERATIVE BANK LTD.
|
|
|
ALLOWED LIMITS BEYOND EXPOSURE CEILING
|
IMPOSED PENALTY RS.5,00,000 FROM 31-DEC-2010
31-DEC-2010
|
|
|
210
|
|
|
BORAL UNION CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES AND STATUTORY/OTHER RESTRICTIONS
|
IMPOSED PENALTY RS.2,00,000 FROM 03-DEC-2020
03-DEC-2020
|
|
|
211
|
|
|
BORIAVI PEOPLE'S CO-OPERATIVE BANK LTD.
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 19-NOV-2010
19-NOV-2010
|
|
|
212
|
|
|
BOTAD PEOPLES CO-OPERATIVE BANK LTD.,THE
|
|
|
NOT AVAILABLE
|
CANCELLED BANKING LICENSE FROM 29-DEC-2023
29-DEC-2023
|
|
|
213
|
|
|
BOTAD PEOPLES CO-OPERATIVE BANK LTD.,THE
|
|
|
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
|
IMPOSED PENALTY RS.1,00,000 FROM 15-APR-2011
15-APR-2011
|
|
|
214
|
|
|
BOUDH CO-OPERATIVE CENTRAL BANK LTD.,THE
|
|
|
DID NOT SUBMIT DATA (INCLUDING HISTORIC DATA) TO THREE CREDIT INFORMATION COMPANIES (CICS)
|
IMPOSED PENALTY RS.10,000 FROM 26-SEP-2025
26-SEP-2025
|
|
|
215
|
|
|
BOUDH CO-OPERATIVE CENTRAL BANK LTD.,THE
|
|
|
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
|
IMPOSED PENALTY RS.5,00,000 FROM 31-MAR-2015
31-MAR-2015
|
|
|
216
|
|
|
BRAHMADEODADA MANE SAHAKARI BANK LTD.
|
|
|
DID NOT ADHERE TO ANTI MONEY LAUNDERING (AML) DIRECTIVES/INSTRUCTIONS/GUIDELINES
VIOLATED DIRECTIVES/INSTRUCTIONS/GUIDELINES FOR GRANTING UNSECURED CREDIT FACILITIES
ALLOWED REMISSION OF DEBT IN VARIOUS BORROWAL ACCOUNTS
WAIVED BANK GUARANTEE COMMISSION TO CHAIRMAN/DIRECTOR/RELATIVES OR TO FIRMS/COMPANIES IN WHICH ANY OF ITS DIRECTORS IS INTERESTED
SUBMITTED INACCURATE INFORMATION TO RBI REGARDING CREDIT FACILITIES TO DIRECTORS AND RELATIVES
GRANTED CREDIT FACILITIES TO PRIMARY CO-OPERATIVE SOCIETIES
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
DONATED IN EXCESS OF THE PRUDENTIAL LIMIT
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
|
IMPOSED PENALTY RS.5,00,000 FROM 11-AUG-2010
11-AUG-2010
|
|
|
217
|
|
|
BRAHMAWART COMMERCIAL CO-OPERATIVE BANK LTD.
|
|
|
VIOLATED DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI
|
RESTRAINED FROM GRANTING OR RENEWING ANY LOAN /ADVANCES, MAKE INVESTMENT, INCUR LIABILITIES, BORROW, DEAL IN PROPERTIES ETC. WITHOUT APPROVAL OF RBI IN WRITING FROM 07-JUL-2015
07-JUL-2015
|
RBI VIDE ITS ORDER DATED 05/01/2016, EXTENDED DIRECTIONS FOR A FURTHER PERIOD OF THREE MONTHS FROM 06/01/2016 TO 06/04/2016
RBI VIDE ITS ORDER DATED 23/09/2015 RELAXED THE DIRECTIONS IMPOSED ON BRAHMAWART COMMERCIAL CO-OPERATIVE BANK LTD. NOW DEPOSITOR WILL BE ALLOWED TO WITHDRAW UP TO RS.40,000
RBI VIDE ITS ORDER DATED 05/04/2016, AGAIN EXTENDED DIRECTIONS FOR A FURTHER PERIOD OF THREE MONTHS FROM 07/04/2016 TO 06/07/2016
RBI VIDE ITS ORDER DATED 05/07/2016, AGAIN EXTENDED DIRECTIONS FOR A FURTHER PERIOD OF SIX MONTHS FROM 07/07/2016 TO 06/01/2017
RBI VIDE ITS ORDER DATED 30/12/2016, AGAIN EXTENDED DIRECTIONS FOR A FURTHER PERIOD OF SIX MONTHS FROM 07/01/2017 TO 06/07/2017
RBI VIDE ITS ORDER DATED 29/06/2017, AGAIN EXTENDED DIRECTIONS FOR A FURTHER PERIOD OF FOUR MONTHS FROM 07/07/2017 TO 06/11/2017
RBI VIDE ITS ORDER DATED 06/11/2014, AGAIN EXTENDED DIRECTIONS FOR A FURTHER PERIOD OF FOUR MONTHS FROM 07/11/2017 TO 06/03/2018
RBI VIDE ITS ORDER DATED 01/03/2018, AGAIN EXTENDED DIRECTIONS FOR A FURTHER PERIOD OF FOUR MONTHS FROM 07/03/2018 TO 06/07/2018
|
|
218
|
|
|
BUDGE BUDGE NANGI CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON PRUDENTIAL INTER-BANK (GROSS) EXPOSURE LIMITS AND/OR INTER-BANK COUNTER PARTY EXPOSURE LIMITS
|
IMPOSED PENALTY RS.10,000 FROM 22-SEP-2022
22-SEP-2022
|
|
|
219
|
|
|
BUDGE BUDGE NANGI CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES AND STATUTORY/OTHER RESTRICTIONS
VIOLATED SECTION 20 OF BANKING REGULATION ACT, 1949
|
IMPOSED PENALTY RS.1,00,000 FROM 16-OCT-2019
16-OCT-2019
|
|
|
220
|
|
|
BULDANA DISTRICT CENTRAL CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO RELAXED LICENSING CONDITIONS SET BY RBI IN CONSULTATION WITH NABARD
|
REJECTION OF APPLICATION FOR BANKING LICENSE FROM 15-MAY-2014
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 15-MAY-2014
PROHIBITED FROM CARRYING ON `BANKING BUSINESS` INCLUDING ACCEPTANCE AND REPAYMENT OF DEPOSIT FROM 15-MAY-2014
15-MAY-2014
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
|
|
|
|
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82
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