|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
301
|
|
SIVAKASI CO-OPERATIVE URBAN 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
|
|
|
302
|
|
|
SREE HARIHARESHWARA URBAN CO-OPERATIVE BANK LTD.
|
|
|
DELAY IN SUBMITTING STATUTORY RETURNS TO RBI
|
IMPOSED PENALTY RS.50,000 FROM 06-MAY-2025
06-MAY-2025
|
|
|
303
|
|
|
SREE SWAMY GNANANANDA YOGEESWARA MAHILA COOPERATIVE URBAN BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 05-MAR-2004
05-MAR-2004
|
|
|
304
|
|
|
SREENIVASA PADMAVATHI CO-OPERATIVE URBAN BANK LTD.
|
|
|
DID NOT DEPOSIT PRESCRIBED AMOUNT TO MSE REFINANCE FUND MAINTAIN WITH SIDBI AGAINST SHORTFALL IN ACHIEVEMENT OF PSL TARGET FOR FY 2022-23 WITHIN PRESCRIBED TIME EVEN AFTER ISSUANCE OF CAUTIONARY LETTER
|
IMPOSED PENALTY RS.1,20,000 FROM 18-MAR-2025
18-MAR-2025
|
|
|
305
|
|
|
SRI BHARATHI CO-OPERATIVE URBAN BANK LTD.
|
|
|
VIOLATED RBI’S DIRECTIVES ON LOANS TO DIRECTORS
DID NOT ENSURE THAT SMALL VALUE LOANS COMPRISED AT LEAST 40% OF ITS AGGREGATE LOANS AND ADVANCES
|
IMPOSED PENALTY RS.1,50,000 FROM 25-JUN-2026
25-JUN-2026
|
|
|
306
|
|
|
SRI KALAHASTI CO-OPERATIVE TOWN BANK LTD.
|
|
|
IRRETRIEVABLE AND WEAK FINANCIAL CONDITION
|
PLACED UNDER DIRECTIONS FROM 21-DEC-2004
21-DEC-2004
|
RELAXED EARLIER DIRECTIONS ISSUED BY RBI
|
|
307
|
|
|
SRI KALMESHWAR URBAN CO-OPERATIVE BANK LTD.
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 28-FEB-2007
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 28-FEB-2007
28-FEB-2007
|
|
|
308
|
|
|
SRI LAXMI MAHILA CO-OPERATIVE URBAN BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 19-JUL-2000
19-JUL-2000
|
|
|
309
|
|
|
SRI SAMPIGE SIDDESWARA URBAN CO-OPERATIVE BANK LTD.
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 26-JUL-2006
26-JUL-2006
|
|
|
310
|
|
|
SRI SATYASAI CO-OPERATIVE URBAN BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 21-JUN-2004
21-JUN-2004
|
|
|
311
|
|
|
SRIGANGANAGAR URBAN CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 04-SEP-2004
04-SEP-2004
|
|
|
312
|
|
|
SRINIVASA PADMAVATHI COOPERATIVE URBAN BANK LTD.,THE
|
|
|
EXTREMELY UNSATISFACTORY FINANCIAL POSITION
|
PLACED UNDER DIRECTIONS FROM 08-AUG-2003
08-AUG-2003
|
RELAXED EARLIER DIRECTIONS ISSUED BY RBI
|
|
313
|
|
|
SRIRANGAM CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
SANCTIONED LOAN TO A RELATIVE OF ONE OF ITS DIRECTORS
SANCTIONED CREDIT FACILITIES TO SECTORS HAVING HIGH PROPORTION OF NON-PERFORMING ASSETS AND FRESH LOANS & ADVANCES CARRYING RISK WEIGHTS MORE THAN 100% VIOLATING DIRECTIONS ISSUED UNDER SUPERVISORY ACTION FRAMEWORK (SAF)
|
IMPOSED PENALTY RS.1,50,000 FROM 05-NOV-2024
05-NOV-2024
|
|
|
314
|
|
|
STAMBHADRI CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
EXTENDED LOANS TO ITS DIRECTORS AND/OR RELATIVE OF THE DIRECTORS
|
IMPOSED PENALTY RS.50,000 FROM 19-DEC-2023
19-DEC-2023
|
|
|
315
|
|
|
STANDARD URBAN CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON TRANSFER OF ELIGIBLE UNCLAIMED FUNDS TO DEPOSITOR EDUCATION AND AWARENESS FUND WITHIN PRESCRIBED PERIOD
|
IMPOSED PENALTY RS.50,000 FROM 19-MAR-2024
19-MAR-2024
|
|
|
316
|
|
|
STAR CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 16-JAN-2003
16-JAN-2003
|
|
|
317
|
|
|
STERLING 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
|
IMPOSED PENALTY RS.2,00,000 FROM 23-JUL-2012
23-JUL-2012
|
|
|
318
|
|
|
SUBRAMANIANAGAR CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
EXTENDED LOANS TO ITS DIRECTORS AND/OR RELATIVE OF THE DIRECTORS
|
IMPOSED PENALTY RS.25,000 FROM 19-DEC-2023
19-DEC-2023
|
|
|
319
|
|
|
SUDHA CO-OPERATIVE URBAN BANK LTD.
|
|
|
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
|
IMPOSED PENALTY RS.2,00,000 FROM 15-FEB-2023
15-FEB-2023
|
|
|
320
|
|
|
SULTAN’S BATTERY CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
VIOLATED RBI’S DIRECTIVES ON LOANS TO DIRECTORS
|
IMPOSED PENALTY RS.1,00,000 FROM 25-SEP-2025
25-SEP-2025
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
|
|
|
|
|
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