|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
41
|
|
BHADRAK CO-OP.URBAN BANK LTD.,THE
|
|
|
CEASED TO BE SOLVENT
|
REJECTION OF APPLICATION FOR BANKING LICENSE FROM 25-SEP-2008
25-SEP-2008
|
|
|
42
|
|
|
BHAGYANAGAR CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 07-AUG-2000
07-AUG-2000
|
|
|
43
|
|
|
BHANJANAGAR CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
REJECTION OF APPLICATION FOR BANKING LICENSE FROM 11-AUG-1999
11-AUG-1999
|
|
|
44
|
|
|
BHARAT MERCANTILE CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 17-OCT-2006
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 17-OCT-2006
17-OCT-2006
|
|
|
45
|
|
|
BHARAT URBAN CO-OPERATIVE BANK LTD.
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 25-NOV-2011
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 25-NOV-2011
25-NOV-2011
|
|
|
46
|
|
|
BHILWARA MAHILA URBAN CO-OPERATIVE BANK LTD.
|
|
|
VIOLATED DIRECTIVES/INSTRUCTIONS/GUIDELINES PERTAINING TO CEILING ON UNSECURED ADVANCES APPLICABLE TO URBAN CO-OPERATIVE BANKS (UCBS)
|
IMPOSED PENALTY RS.1,00,000 FROM 29-MAY-2013
29-MAY-2013
|
|
|
47
|
|
|
BHIMAVARAM CO-OPERATIVE URBAN BANK LTD.
|
|
|
EXTREMELY UNSATISFACTORY FINANCIAL POSITION
|
RESTRAINED FROM GRANTING OR RENEWING ANY LOAN /ADVANCES, MAKE INVESTMENT, INCUR LIABILITIES, BORROW, DEAL IN PROPERTIES ETC. WITHOUT APPROVAL OF RBI IN WRITING FROM 07-MAR-2005
07-MAR-2005
|
RELAXED EARLIER DIRECTIONS ISSUED BY RBI.
|
|
48
|
|
|
BICHOLIM URBAN CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES AND STATUTORY/OTHER RESTRICTIONS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON BOARD OF DIRECTORS OF URBAN CO-OPERATIVE BANKS (UCBS)
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.4,00,000 FROM 07-OCT-2021
07-OCT-2021
|
|
|
49
|
|
|
BODINAYAKANUR CO-OPERATIVE URBAN BANK LTD.
|
|
|
DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934
|
REJECTION OF APPLICATION FOR BANKING LICENSE FROM 14-JUN-2007
14-JUN-2007
|
|
|
50
|
|
|
BUNDI URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO THE CEILING AS PRESCRIBED BY RBI ON DONATION
DID NOT ADHERE TO THE CEILING AS PRESCRIBED BY RBI ON LEVY OF SERVICE CHARGES ON CUSTOMERS
|
IMPOSED PENALTY RS.2,00,000 FROM 27-JUN-2012
27-JUN-2012
|
|
|
51
|
|
|
CATHOLIC CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
DID NOT MONITOR OPERATIONS IN CERTAIN DEPOSIT ACCOUNTS
ISSUED BALANCE CONFIRMATION LETTERS WITHOUT HAVING BALANCE IN ACCOUNTS
SANCTIONED LOAN TO A RELATIVE OF ONE OF ITS DIRECTORS
|
IMPOSED PENALTY RS.3,00,000 FROM 07-OCT-2024
07-OCT-2024
|
|
|
52
|
|
|
CHADCHAN SHREE SANGAMESHWAR URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 13-FEB-2010
13-FEB-2010
|
|
|
53
|
|
|
CHALLAKERE URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
CEASED TO BE SOLVENT
IRRETRIEVABLE AND WEAK FINANCIAL CONDITION
|
CANCELLED BANKING LICENSE FROM 02-AUG-2006
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 02-AUG-2006
02-AUG-2006
|
|
|
54
|
|
|
CHAMPAVATI URBAN CO-OPERATIVE BANK LTD.
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 20-MAR-2010
20-MAR-2010
|
|
|
55
|
|
|
CHARMINAR CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 08-NOV-2011
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 08-NOV-2011
08-NOV-2011
|
|
|
56
|
|
|
CHETAK URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 19-MAY-2007
19-MAY-2007
|
|
|
57
|
|
|
CHHOPDA URBAN CO-OPERATIVE BANK MARYADIT
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 24-MAY-2011
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 24-MAY-2011
24-MAY-2011
|
|
|
58
|
|
|
CHIPLUN URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES FOR GOLD LOAN WITH BULLET REPAYMENT OPTION
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON LEVY OF PENAL CHARGES ON NON-MAINTENANCE OF MINIMUM BALANCES IN SAVINGS BANK ACCOUNTS
|
IMPOSED PENALTY RS.2,00,000 FROM 09-AUG-2023
09-AUG-2023
|
|
|
59
|
|
|
CHITTOOR CO-OPERATIVE TOWN BANK LTD.,THE
|
|
|
EXTREMELY UNSATISFACTORY FINANCIAL POSITION
|
PLACED UNDER DIRECTIONS FROM 15-JAN-2005
15-JAN-2005
|
RELAXED EARLIER DIRECTIONS ISSUED BY RBI
|
|
60
|
|
|
CITIZENS URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON SINGLE BORROWER EXPOSURE LIMIT APPLICABLE FOR FRESH LOANS AND ADVANCES IN CERTAIN INSTANCES
OFFERED HIGHER INTEREST RATES ON TERM DEPOSITS THAN THOSE OFFERED BY STATE BANK OF INDIA
|
IMPOSED PENALTY RS.15,00,000 FROM 27-MAR-2025
27-MAR-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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