|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
101
|
|
BALLY CO-OPERATIVE 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.1,10,000 FROM 06-NOV-2024
06-NOV-2024
|
|
|
102
|
|
|
BALLY CO-OPERATIVE BANK LTD.
|
|
|
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
|
IMPOSED PENALTY RS.1,00,000 FROM 07-AUG-2023
07-AUG-2023
|
|
|
103
|
|
|
BANARAS MERCANTILE CO-OPERATIVE BANK LTD.
|
|
|
DID NOT HAVE ADEQUATE CAPITAL STRUCTURE & EARNING PROSPECTS AND NOT IN A POSITION TO PAY ITS PRESENT AND/OR FUTURE DEPOSITORS IN FULL
|
CANCELLED BANKING LICENSE FROM 03-JUL-2024
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 03-JUL-2024
03-JUL-2024
|
|
|
104
|
|
|
BANARAS MERCANTILE CO-OPERATIVE BANK LTD.
|
|
|
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 03-MAR-2023 TO 02-SEP-2023
03-MAR-2023
|
RBI VIDE ITS ORDER DATED 28/08/2023, DIRECTED TO CONTINUE ITS DIRECTIONS DATED 02/03/2023 APPLY TO BANK TILL 03/12/2023
RBI VIDE ITS ORDER DATED 28/11/2023, DIRECTED TO CONTINUE DIRECTIONS DATED 02/03/2023 APPLY TO BANK TILL 03/03/2024
RBI VIDE ITS ORDER DATED 26/02/2024, DIRECTED TO CONTINUE DIRECTIONS DATED 02/03/2023 APPLY TO BANK TILL 03/06/2024
RBI VIDE ITS ORDER DATED 28/05/2024, DIRECTED TO CONTINUE DIRECTIVE DATED 02/03/2023 FOR FURTHER THREE MONTHS FROM 04/06/2024 TO 03/09/2024
|
|
105
|
|
|
BANARAS MERCANTILE CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON SUPERVISORY UNDER SECTION 36(1) OF BANKING REGULATION ACT, 1949
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON PRUDENTIAL INTER-BANK (GROSS) EXPOSURE LIMITS AND/OR INTER-BANK COUNTER PARTY EXPOSURE LIMITS
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.1,50,000 FROM 13-MAR-2019
13-MAR-2019
|
|
|
106
|
|
|
BANASKANTHA MERCANTILE 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 03-JUL-2015
03-JUL-2015
|
|
|
107
|
|
|
BANK EMPLOYEES' 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
|
IMPOSED PENALTY RS.1,00,000 FROM 26-JUN-2024
26-JUN-2024
|
|
|
108
|
|
|
BANK EMPLOYEES' CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES AND STATUTORY/OTHER RESTRICTIONS
|
IMPOSED PENALTY RS.2,00,000 FROM 10-MAR-2022
10-MAR-2022
|
|
|
109
|
|
|
BANTRA CO-OPERATIVE BANK LTD.,THE
|
|
|
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 OF RISK CATEGORIZATION OF ACCOUNTS
|
IMPOSED PENALTY RS.30,000 FROM 26-APR-2023
26-APR-2023
|
|
|
110
|
|
|
BANTRA CO-OPERATIVE BANK LTD.,THE
|
|
|
VIOLATED DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI
|
IMPOSED PENALTY RS.2,00,000 FROM 25-NOV-2010
25-NOV-2010
|
|
|
111
|
|
|
BAPUNAGAR MAHILA CO-OPERATIVE BANK LTD.,THE
|
|
|
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.2,00,000 FROM 08-MAY-2024
08-MAY-2024
|
RBI VIDE ITS ORDER DATED 25/03/2026 AMALGAMATION OF THE LALBAUG CO-OPERATIVE BANK LTD. WITH SHRI VINAYAK SAHAKARI BANK LTD. WITH EFFECT FROM 27/03/2026
|
|
112
|
|
|
BAPUNAGAR MAHILA CO-OPERATIVE BANK LTD.,THE
|
|
|
INORDINATE DELAY IN REPORTING OF SECURITIES TRANSACTION REPORTS (STRS) WITHOUT ANY COGENT REASON
VIOLATED DIRECTIVES/INSTRUCTIONS/GUIDELINES PERTAINING TO CEILING ON UNSECURED ADVANCES APPLICABLE TO URBAN CO-OPERATIVE BANKS (UCBS)
DID NOT FILE FIRST INFORMATION REPORT
DELAYED FILING OF FIRST INFORMATION REPORT (FIR)
|
IMPOSED PENALTY RS.5,00,000 FROM 05-OCT-2012
05-OCT-2012
|
RBI VIDE ITS ORDER DATED 25/03/2026 AMALGAMATION OF THE LALBAUG CO-OPERATIVE BANK LTD. WITH SHRI VINAYAK SAHAKARI BANK LTD. WITH EFFECT FROM 27/03/2026
|
|
113
|
|
|
BARAMATI SAHAKARI BANK LTD.,THE
|
|
|
DID NOT CREDIT INTEREST TO INOPERATIVE SAVING BANK ACCOUNTS
|
IMPOSED PENALTY RS.2,00,000 FROM 22-AUG-2023
22-AUG-2023
|
|
|
114
|
|
|
BARAMATI SAHAKARI BANK LTD.,THE
|
|
|
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 21-JUN-2021
21-JUN-2021
|
|
|
115
|
|
|
BARAMULLA CENTRAL CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON PROHIBITING ACCEPTANCE OF FRESH DEPOSITS
|
IMPOSED PENALTY RS.5,00,000 FROM 12-MAR-2025
12-MAR-2025
|
|
|
116
|
|
|
BARAMULLA CENTRAL CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON PROHIBITING ACCEPTANCE OF FRESH DEPOSITS
|
IMPOSED PENALTY RS.2,00,000 FROM 15-FEB-2022
15-FEB-2022
|
|
|
117
|
|
|
BARAN NAGRIK SAHKARI BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON PROHIBITING LOANS & ADVANCES TO DIRECTORS & THEIR RELATIVES AND FIRMS/COMPANIES/CONCERNS IN WHICH THEY ARE INTERESTED
DID NOT SUBMIT STATUTORY RETURNS VIOLATING SECTION 27 OF RBI ACT, 1949
|
IMPOSED PENALTY RS.2,00,000 FROM 18-APR-2023
18-APR-2023
|
|
|
118
|
|
|
BARANAGAR CO-OPERATIVE BANK LTD.
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 21-JAN-2015
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 21-JAN-2015
21-JAN-2015
|
|
|
119
|
|
|
BARIPADA URBAN CO-OPERATIVE BANK LTD., THE
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 16-OCT-2014
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 16-OCT-2014
16-OCT-2014
|
|
|
120
|
|
|
BARIPADA URBAN CO-OPERATIVE BANK LTD., THE
|
|
|
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 27-AUG-2013
27-AUG-2013
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
|
|
|
|
|
Page
6
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82
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