|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
321
|
|
URBAN CO-OPERATIVE BANK LTD.,MAINPURI
|
|
|
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.5,00,000 FROM 30-JUL-2024
30-JUL-2024
|
|
|
322
|
|
|
URBAN CO-OPERATIVE BANK LTD.,SITAPUR
|
|
|
DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1949
|
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 28-JUL-2022 TO 27-JAN-2023
28-JUL-2022
|
RBI VIDE ITS ORDER DATED 27/01/2023, DIRECTED TO CONTINUE DIRECTIVE DATED 28/07/2022 FOR FURTHER THREE MONTHS FROM 29/01/2023 TO 28/04/2023
RBI VIDE ITS ORDER DATED 27/04/2023, DIRECTED TO CONTINUE DIRECTIVE DATED 27/07/2022 FOR FURTHER THREE MONTHS FROM 29/04/2023 TO 28/07/2023
RBI VIDE ITS ORDER DATED 27/07/2023, DIRECTED TO CONTINUE ITS DIRECTIONS DATED 27/07/2022 APPLY TO BANK TILL 28/10/2023
RBI VIDE ITS ORDER DATED 27/10/2023, DIRECTED TO CONTINUE ITS DIRECTIONS DATED 27/07/2022 APPLY TO BANK TILL 28/01/2024
|
|
323
|
|
|
URBAN CO-OPERATIVE BANK LTD.,THE,ANANTNAG
|
|
|
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.5,00,000 FROM 12-SEP-2024
12-SEP-2024
|
|
|
324
|
|
|
URBAN CO-OPERATIVE BANK LTD.,THE,ANANTNAG
|
|
|
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 08-DEC-2021
08-DEC-2021
|
|
|
325
|
|
|
URBAN CO-OPERATIVE BANK LTD.,THE,BHUBANESHWAR
|
|
|
VIOLATED PROVISIONS OF SECTION 31 OF BANKING REGULATION, ACT 1949 RELATING TO PUBLICATION/SUBMISSION OF ACCOUNTS AND BALANCE SHEET
|
IMPOSED PENALTY RS.1,00,000 FROM 01-NOV-2012
01-NOV-2012
|
|
|
326
|
|
|
URBAN CO-OPERATIVE BANK LTD.,THE,CUTTACK
|
|
|
DELAY IN UPLOADING KNOW YOUR CLIENTS (KYC) RECORDS OF CERTAIN CUSTOMERS’ ACCOUNTS ON CENTRAL KNOW YOUR CLIENTS (KYC) RECORDS REGISTRY
|
IMPOSED PENALTY RS.4,50,000 FROM 01-SEP-2025
01-SEP-2025
|
|
|
327
|
|
|
URBAN CO-OPERATIVE BANK LTD.,THE,DHARANGAON
|
|
|
INCURRED CAPITAL EXPENDITURE WITHOUT PRIOR APPROVAL OF RBI
|
IMPOSED PENALTY RS.50,000 FROM 07-OCT-2024
07-OCT-2024
|
|
|
328
|
|
|
URBAN CO-OPERATIVE BANK LTD.,THE,DIMAPUR
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 15-NOV-2006
15-NOV-2006
|
|
|
329
|
|
|
URBAN CO-OPERATIVE BANK LTD.,THE,MAUNATH BHANJAN
|
|
|
OFFERED INTEREST RATES ON DEPOSITS FOR VARIOUS DURATIONS HIGHER THAN THAT OFFERED BY STATE BANK OF INDIA IN NON-COMPLIANCE WITH THE SAF DIRECTIONS
|
IMPOSED PENALTY RS.5,00,000 FROM 29-MAR-2024
29-MAR-2024
|
|
|
330
|
|
|
URBAN CO-OPERATIVE BANK LTD.,THE,ROURKELA
|
|
|
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 ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI PERTAINING TO ISSUE OF CHEQUE BOOKS
DID NOT CONDUCT ANNUAL REVIEW OF INOPERATIVE AND/OR DORMANT ACCOUNTS
|
IMPOSED PENALTY RS.6,00,000 FROM 09-JUN-2023
09-JUN-2023
|
|
|
331
|
|
|
URBAN CO-OPERATIVE BANK LTD.,THE,ROURKELA
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON DEPOSITOR EDUCATION AND AWARENESS FUND SCHEME, 2014
|
IMPOSED PENALTY RS.10,000 FROM 01-SEP-2022
01-SEP-2022
|
|
|
332
|
|
|
URBAN CO-OPERATIVE BANK LTD.,THE,SIDDAPUR
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 27-OCT-2007
27-OCT-2007
|
|
|
333
|
|
|
URBAN INDUSTRIAL CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 01-MAR-2000
01-MAR-2000
|
|
|
334
|
|
|
VAIDYANATH URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO INSTRUCTIONS OF RBI ON SUPERVISORY ACTION FRAMEWORK (SAF)
|
IMPOSED PENALTY RS.1,50,000 FROM 07-FEB-2023
07-FEB-2023
|
|
|
335
|
|
|
VAIDYANATH URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RISK CATEGORIZATION OF ACCOUNTS
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.2,50,000 FROM 05-DEC-2022
05-DEC-2022
|
|
|
336
|
|
|
VAISHALI URBAN CO-OPERATIVE BANK LTD.
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 12-JUN-2013
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 12-JUN-2013
12-JUN-2013
|
|
|
337
|
|
|
VALPARAI 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.1,00,000 FROM 23-OCT-2025
23-OCT-2025
|
|
|
338
|
|
|
VASAVI CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
IRRETRIEVABLE AND WEAK FINANCIAL CONDITION
|
PLACED UNDER DIRECTIONS FROM 07-MAR-2003
07-MAR-2003
|
RELAXED EARLIER DIRECTIONS ISSUED BY RBI
|
|
339
|
|
|
VASUNDARA CO-OPERATIVE URBAN BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 13-SEP-2003
13-SEP-2003
|
|
|
340
|
|
|
VIDARBHA URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 22-APR-2010
22-APR-2010
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
|
|
|
|
|
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