|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
381
|
|
GARHA CO-OPERATIVE BANK LTD.
|
|
|
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 23-FEB-2021
23-FEB-2021
|
RBI VIDE ITS ORDER DATED 24/08/2021, DIRECTED TO CONTINUE DIRECTIVE DATED 23/02/2021 APPLY TO BANK FOR FURTHER PERIOD OF THREE MONTHS FROM 25/08/2021 TO 24/11/2021
RBI VIDE ITS ORDER DATED 24/11/2021, DIRECTED TO CONTINUE DIRECTIVE DATED 23/02/2021 TO APPLY TO BANK FOR FURTHER PERIOD OF THREE MONTHS FROM 25/11/2021 TO 24/02/2022
RBI VIDE ITS ORDER DATED 24/02/2022, DIRECTED TO CONTINUE DIRECTIVE DATED 24/02/2021 FURTHER EXTENDED FOR THREE MONTHS TILL 24/05/2022
RBI VIDE ITS ORDER DATED 24/05/2022, DIRECTED TO CONTINUE DIRECTIVE DATED 24/02/2021 EXTENDED DIRECTIONS FOR FURTHER PERIOD OF THREE MONTHS TILL 24/08/2022
RBI VIDE ITS ORDER DATED 23/08/2022, DIRECTED TO CONTINUE DIRECTIVE DATED 28/02/2022 EXTENDED DIRECTIONS FOR FURTHER THREE MONTHS FROM 25/08/2022 TO 24/11/2022
RBI VIDE ITS ORDER DATED 23/11/2022, DIRECTED TO CONTINUE DIRECTIVE DATED 28/02/2021 EXTENDED DIRECTIONS FOR FURTHER THREE MONTHS FROM 25/11/2022 TO 24/02/2023
|
|
382
|
|
|
GAUHATI CO-OPERATIVE URBAN 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
DID NOT ADHERE TO PROVISIONS OF CIRCULAR ON CASH TRANSACTIONS
|
IMPOSED PENALTY RS.1,00,000 FROM 16-SEP-2016
16-SEP-2016
|
|
|
383
|
|
|
GHANDHIDHAM CO-OPERATIVE 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
|
IMPOSED PENALTY RS.5,00,000 FROM 12-JAN-2012
12-JAN-2012
|
|
|
384
|
|
|
GHATAL PEOPLES 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 26-SEP-2025
26-SEP-2025
|
|
|
385
|
|
|
GHATAL PEOPLES CO-OPERATIVE BANK LTD.,THE
|
|
|
FURNISHED INCORRECT CREDIT INFORMATION IN RESPECT OF A NUMBER OF EXPIRED CREDIT CARDS WITH NO DUES TO ALL FOUR CREDIT INFORMATION COMPANIES
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 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 OF RBI ON TRANSFER OF ELIGIBLE FUNDS TO DEPOSITOR EDUCATION AND AWARENESS FUND
|
IMPOSED PENALTY RS.1,50,000 FROM 21-SEP-2023
21-SEP-2023
|
|
|
386
|
|
|
GHOGHAMBA VIBHAG NAGARIK SAHAKARI BANK LTD.
|
|
|
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 04-FEB-2011
04-FEB-2011
|
|
|
387
|
|
|
GOA STATE CO-OPERATIVE BANK LTD.
|
|
|
DID NOT DISPOSE OFF NON-BANKING ASSET WITHIN STATUTORY TIMELINE FROM THE DATE OF ITS ACQUISITION
|
IMPOSED PENALTY RS.2,51,000 FROM 01-AUG-2022
01-AUG-2022
|
|
|
388
|
|
|
GOA URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO INSTRUCTIONS OF RBI ON SUPERVISORY ACTION FRAMEWORK (SAF)
|
IMPOSED PENALTY RS.5,00,000 FROM 11-SEP-2019
11-SEP-2019
|
|
|
389
|
|
|
GODHRA URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
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
|
IMPOSED PENALTY RS.1,00,000 FROM 05-MAY-2016
05-MAY-2016
|
|
|
390
|
|
|
GOKUL CO-OPERATIVE URBAN 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 12-APR-2016
12-APR-2016
|
RBI VIDE ITS ORDER DATED 03/04/2017, AGAIN EXTENDED DIRECTIONS TILL 30/06/2017
RBI VIDE ITS ORDER DATED 30/09/2016, EXTENDED DIRECTIONS FOR A FURTHER PERIOD OF SIX MONTHS FROM 05/10/2016 TO 04/04/2017
|
|
391
|
|
|
GOLAGHAT URBAN CO-OPERATIVE BANK LTD.
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 16-DEC-2010
16-DEC-2010
|
|
|
392
|
|
|
GOMTI NAGARIYA SAHKARI BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXTENSION OF FRESH LOANS AND ADVANCES CARRYING RISK WEIGHTS OF 100% AND ABOVE
OFFERED HIGHER INTEREST RATES ON DEPOSITS HIGHER THAN THOSE OFFERED BY STATE BANK OF INDIA
|
IMPOSED PENALTY RS.2,00,000 FROM 30-JUL-2025
30-JUL-2025
|
|
|
393
|
|
|
GOMTI NAGARIYA SAHKARI BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON INSPECTION & OTHER RELATED MATTERS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON INCOME RECOGNITION AND ASSET CLASSIFICATION (IRAC) NORMS AND FRAUDS
EXCEEDED MAXIMUM LIMIT ON UNSECURED ADVANCES
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 26-JUN-2019
26-JUN-2019
|
|
|
394
|
|
|
GOMTI NAGARIYA SAHKARI 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 10-JUL-2017
DIRECTED NOT TO DISBURSE OR AGREED TO DISBURSE ANY PAYMENT WHETHER IN DISCHARGE OF ITS LIABILITIES AND OBLIGATIONS OR OTHERWISE FROM 10-JUL-2017
DIRECTED NOT TO BE ENTERED INTO ANY COMPROMISE OR ARRANGEMENT AND SELL, TRANSFER OR OTHERWISE DISPOSE OF ANY OF ITS PROPERTIES OR ASSETS FROM 10-JUL-2017
10-JUL-2017
|
RBI VIDE ITS ORDER DATED 03/07/2018, EXTENDED DIRECTIONS FOR A FURTHER PERIOD OF FOUR MONTHS FROM 11/07/2018 TO 10/11/2018
RBI VIDE ITS ORDER DATED 30/10/2018, EXTENDED PERIOD OF DIRECTIONS FOR A FURTHER PERIOD OF SIX MONTHS FROM 11/11/2018 TO 10/05/2019
RBI VIDE ITS ORDER DATED 13/05/2019 WITHDREW THE DIRECTIONS ISSUED ON 03/07/2017 AND MODIFIED FROM TIME TO TIME
|
|
395
|
|
|
GONDAL NAGARIK SAHAKARI BANK LTD.,THE
|
|
|
SUBMITTED INACCURATE INFORMATION TO RBI REGARDING CREDIT FACILITIES TO DIRECTORS AND RELATIVES
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.5,00,000 FROM 22-DEC-2011
22-DEC-2011
|
|
|
396
|
|
|
GONDIA DISTRICT CENTRAL CO-OPERATIVE BANK LTD.,THE
|
|
|
VIOLATED RBI’S DIRECTIVES ON LOANS TO DIRECTORS
DID NOT OBTAIN MEMBERSHIP OF THREE OUT OF FOUR CREDIT INFORMATION COMPANIES (CICS)
|
IMPOSED PENALTY RS.2,60,000 FROM 21-OCT-2024
21-OCT-2024
|
|
|
397
|
|
|
GONDIA DISTRICT CENTRAL CO-OPERATIVE BANK LTD.,THE
|
|
|
DELAY IN TRANSFER OF ELIGIBLE FUNDS TO DEPOSITOR EDUCATION & AWARENESS FUND
DID NOT REPORT GRANT OF LOANS/ADVANCES/ANY OTHER FINANCIAL ACCOMMODATION TO RELATIVES OF ITS DIRECTORS IN OSS-6 RETURNS TO RBI
|
IMPOSED PENALTY RS.2,00,000 FROM 05-JAN-2023
05-JAN-2023
|
|
|
398
|
|
|
GONDIA DISTRICT CENTRAL CO-OPERATIVE 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
|
IMPOSED PENALTY RS.1,00,000 FROM 05-FEB-2021
05-FEB-2021
|
|
|
399
|
|
|
GOPALGANJ CENTRAL CO-OPERATIVE BANK LTD.,THE
|
|
|
DELAY IN DISPOSING OF CERTAIN NON-BANKING ASSETS
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 26-SEP-2025
26-SEP-2025
|
|
|
400
|
|
|
GOPALGANJ CENTRAL CO-OPERATIVE 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
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
|
|
|
|
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