|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
41
|
|
PRATIBHA MAHILA SAHAKARI BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 25-FEB-2003
25-FEB-2003
|
|
|
42
|
|
|
PRUDENTIAL COOPERATIVE BANK LTD.
|
|
|
EXTREMELY UNSATISFACTORY FINANCIAL POSITION
|
CANCELLED BANKING LICENSE FROM 09-DEC-2004
09-DEC-2004
|
|
|
43
|
|
|
RELIEF MERCANTILE CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
REJECTION OF APPLICATION FOR BANKING LICENSE FROM 13-MAY-1999
13-MAY-1999
|
|
|
44
|
|
|
SABARMATI CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 28-AUG-2004
28-AUG-2004
|
|
|
45
|
|
|
SAMI TALUKA NAGRIK SAHAKARI BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 28-JUL-1999
28-JUL-1999
|
|
|
46
|
|
|
SANTRAMPUR URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO PROVISIONS OF SECTIONS 11(1), 22(3)(A) AND 22(3)(B) OF THE BANKING REGULATION ACT, 1949 (AS APPLICABLE TO CO-OPERATIVE SOCIETIES)
FAILED TO PAY DEBTS
|
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 09-JUL-2003
09-JUL-2003
|
LIQUIDATOR APPOINTED BY REGISTRAR OF CO-OPERATIVE SOCIETIES,GUJARAT
|
|
47
|
|
|
SARVODAYA CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
REJECTION OF APPLICATION FOR BANKING LICENSE FROM 10-APR-1999
10-APR-1999
|
|
|
48
|
|
|
SHREE LABH CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 07-AUG-2002
07-AUG-2002
|
|
|
49
|
|
|
SHREE PATNI CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 27-JUL-2004
27-JUL-2004
|
|
|
50
|
|
|
SHREE VERAVAL VIBHAGIYA NAGRIK SAHAKARI BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 24-AUG-2000
24-AUG-2000
|
|
|
51
|
|
|
SHREE VIKAS CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 27-AUG-2004
27-AUG-2004
|
|
|
52
|
|
|
SHRI ADINATH CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 29-JUN-2002
29-JUN-2002
|
|
|
53
|
|
|
SIBSAGAR DISTRICT CENTRAL CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
REJECTION OF APPLICATION FOR BANKING LICENSE FROM 10-JUN-2003
10-JUN-2003
|
|
|
54
|
|
|
SIDDHARTH SAHAKARI BANK LTD.,JALGAON
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 18-AUG-1999
18-AUG-1999
|
|
|
55
|
|
|
SOLAPUR MERCHANTS CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
REJECTION OF APPLICATION FOR BANKING LICENSE FROM 08-JUL-2003
08-JUL-2003
|
|
|
56
|
|
|
SOLAPUR ZILLA MAHILA SAHAKARI BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 17-SEP-1999
17-SEP-1999
|
|
|
57
|
|
|
SOUTH INDIAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
PROHIBITED FROM GRANTING/RENEWING ANY LOANS/ADVANCES FROM 09-AUG-2004
PROHIBITED FROM MAKING ANY INVESTMENT FROM 09-AUG-2004
PROHIBITED FROM INCURRING ANY LIABILITY INCLUDING BORROWAL OF FUNDS/FRESH DEPOSITS FROM 09-AUG-2004
PROHIBITED FROM DISBURSING ANY PAYMENTS (EXCEPT TO SMALL DEPOSITORS) FROM 09-AUG-2004
PROHIBITED FROM ENTERING INTO ANY ARRANGEMENTS FROM 09-AUG-2004
PROHIBITED FROM SELLING/TRANSFERRING ANY PROPERTIES/ASSETS FROM 09-AUG-2004
09-AUG-2004
|
|
|
58
|
|
|
SRI MOUNESHWAR CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 04-JUN-2003
04-JUN-2003
|
|
|
59
|
|
|
SUPRABHAT SAHAKARI BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
REJECTION OF APPLICATION FOR BANKING LICENSE FROM 09-MAR-1999
09-MAR-1999
|
|
|
60
|
|
|
VERAVAL RATNAKAR CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 11-FEB-2000
11-FEB-2000
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
|
|
|
|
|
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