|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
281
|
|
CO-OPERATIVE CITY 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 PROVISIONS OF CIRCULAR ON CASH TRANSACTIONS
DID NOT ADHERE TO REQUIREMENTS IN RELATION TO IDENTIFICATION AND REPORTING OF SUSPICIOUS TRANSACTIONS
|
IMPOSED PENALTY RS.5,00,000 FROM 16-AUG-2016
16-AUG-2016
|
|
|
282
|
|
|
CO-OPERATIVE URBAN BANK LTD.,PARLAKHEMUNDI,THE
|
|
|
DID NOT UPLOAD CREDIT INFORMATION TO CREDIT INFORMATION COMPANIES (CICS)
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.1,50,000 FROM 07-DEC-2023
07-DEC-2023
|
|
|
283
|
|
|
CO-OPERATIVE URBAN BANK LTD.,PARLAKHEMUNDI,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES AND STATUTORY/OTHER RESTRICTIONS
|
IMPOSED PENALTY RS.1,00,000 FROM 10-AUG-2020
10-AUG-2020
|
|
|
284
|
|
|
CORDITE FACTORY CO-OPERATIVE BANK LTD.,THE
|
|
|
DELAY IN UPLOADING KNOW YOUR CLIENTS (KYC) RECORDS OF CERTAIN CUSTOMERS’ ACCOUNTS ON CENTRAL KNOW YOUR CLIENTS (KYC) RECORDS REGISTRY
|
IMPOSED PENALTY RS.50,000 FROM 03-JAN-2025
03-JAN-2025
|
|
|
285
|
|
|
COSMOS CO-OPERATIVE BANK LTD.,THE
|
|
|
LEVIED FORECLOSURE CHARGES ON FLOATING RATE TERM LOANS, SANCTIONED TO CERTAIN INDIVIDUAL BORROWERS
|
IMPOSED PENALTY RS.8,30,000 FROM 31-DEC-2024
31-DEC-2024
|
|
|
286
|
|
|
COSMOS CO-OPERATIVE BANK LTD.,THE
|
|
|
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
|
IMPOSED PENALTY RS.5,00,000 FROM 16-NOV-2010
16-NOV-2010
|
|
|
287
|
|
|
CUDDALORE & VILLUPURAM DISTRICT CENTRAL CO-OPERATIVE BANK'S EMPLOYEES COOPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1949
|
CANCELLED BANKING LICENSE FROM 06-FEB-2025
06-FEB-2025
|
|
|
288
|
|
|
CUMBUM CO-OPERATIVE TOWN BANK LTD.,THE
|
|
|
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 CLASSIFICATION AND REPORTING OF FRAUDS
|
IMPOSED PENALTY RS.3,00,000 FROM 25-NOV-2022
25-NOV-2022
|
|
|
289
|
|
|
CUTTACK CENTRAL 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.5,00,000 FROM 31-MAR-2015
31-MAR-2015
|
|
|
290
|
|
|
DADAR JANATA SAHAKARI BANK LTD.
|
|
|
EXTREMELY UNSATISFACTORY FINANCIAL POSITION
|
CANCELLED BANKING LICENSE FROM 16-DEC-1997
16-DEC-1997
|
|
|
291
|
|
|
DAHANU ROAD JANATA CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT REDUCE BOTH SINGLE AND GROUP BORROWER EXPOSURE LIMITS FOR CERTAIN FRESH LOANS AND ADVANCES BY 25% OF THE APPLICABLE REGULATORY LIMIT
|
IMPOSED PENALTY RS.1,00,000 FROM 01-SEP-2025
01-SEP-2025
|
|
|
292
|
|
|
DAHANU ROAD JANATA CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO INSTRUCTIONS OF RBI ON SUPERVISORY ACTION FRAMEWORK (SAF)
|
IMPOSED PENALTY RS.1,00,000 FROM 10-AUG-2023
10-AUG-2023
|
|
|
293
|
|
|
DAHOD MERCANTILE CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO THE CEILING AS PRESCRIBED BY RBI ON DONATION
|
IMPOSED PENALTY RS.1,00,000 FROM 20-SEP-2012
20-SEP-2012
|
|
|
294
|
|
|
DAKOR MAHILA NAGRIK SAHAKARI BANK LTD.,THE
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 29-DEC-2007
29-DEC-2007
|
|
|
295
|
|
|
DAKSHIN DINAJPUR DISTRICT CENTRAL 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
DELAY IN UPLOADING KNOW YOUR CLIENTS (KYC) RECORDS OF CERTAIN CUSTOMERS’ ACCOUNTS ON CENTRAL KNOW YOUR CLIENTS (KYC) RECORDS REGISTRY
|
IMPOSED PENALTY RS.5,50,000 FROM 02-SEP-2025
02-SEP-2025
|
|
|
296
|
|
|
DATTATRAYA MAHARAJ KALAMBE JAOLI SAHAKARI BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES AND STATUTORY/OTHER RESTRICTIONS
|
IMPOSED PENALTY RS.1,00,000 FROM 20-DEC-2021
20-DEC-2021
|
|
|
297
|
|
|
DAUSA URBAN 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
DID NOT ADHERE TO DIRECTIVES ON RISK CATEGORIZATION AND FIXATION OF THRESHOLD LIMITS
DID NOT PLACE APPROPRIATE SYSTEM FOR GENERATING ALERTS FOR IDENTIFICATION OF SUSPICIOUS TRANSACTIONS
|
IMPOSED PENALTY RS.1,00,000 FROM 05-AUG-2015
05-AUG-2015
|
|
|
298
|
|
|
DAVANAGERE DISTRICT CENTRAL CO-OPERATIVE BANK LTD.,THE
|
|
|
HELD SHARES IN OTHER CO-OPERATIVE SOCIETY IN CONTRAVENTION OF BANKING REGULATION ACT, 1949
ALLOTTED MULTIPLE CUSTOMER IDENTIFICATION CODES TO SAME CUSTOMERS
DELAY IN UPLOADING KNOW YOUR CLIENTS (KYC) RECORDS OF CERTAIN CUSTOMERS’ ACCOUNTS ON CENTRAL KNOW YOUR CLIENTS (KYC) RECORDS REGISTRY
|
IMPOSED PENALTY RS.1,50,000 FROM 24-MAR-2026
24-MAR-2026
|
|
|
299
|
|
|
DECCAN MERCHANTS CO-OPERATIVE BANK LTD.,THE
|
|
|
VIOLATED RBI’S DIRECTIVES ON LOANS TO DIRECTORS
|
IMPOSED PENALTY RS.2,00,000 FROM 25-APR-2025
25-APR-2025
|
|
|
300
|
|
|
DECCAN URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
VIOLATED DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI
|
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 FROM 19-FEB-2021
19-FEB-2021
|
RBI VIDE ITS ORDER DATED 20/08/2021, DIRECTED TO CONTINUE DIRECTIVE DATED 18/02/2021 APPLY TO BANK FOR FURTHER PERIOD OF SIX MONTHS FROM 20/08/2021 TO 19/02/2022
RBI VIDE ITS ORDER DATED 20/02/2022, DIRECTED TO CONTINUE DIRECTIVE DATED 18/02/2021 FOR FURTHER PERIOD OF THREE MONTHS TILL 19/05/2022
RBI VIDE ITS ORDER DATED 20/05/2022, DIRECTED TO CONTINUE DIRECTIVE DATED 18/02/2021 FOR FURTHER PERIOD OF THREE MONTHS FROM 20/05/2022 TO 19/08/2022
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
|
|
|
|
|
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