|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
121
|
|
BARODA CITY 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
ISSUED INCORRECT COMPLIANCE CERTIFICATE FOR EARLIER INSPECTION REPORT
|
IMPOSED PENALTY RS.1,00,000 FROM 04-NOV-2011
04-NOV-2011
|
|
|
122
|
|
|
BARODA GUJARAT GRAMIN BANK
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI/NABARD ON FRAUDS MONITORING AND REPORTING MECHANISM WITHIN PRESCRIBED TIMELINE
|
IMPOSED PENALTY RS.5,00,000 FROM 07-AUG-2023
07-AUG-2023
|
|
|
123
|
|
|
BARODA TRADERS 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 24-OCT-2011
24-OCT-2011
|
|
|
124
|
|
|
BASAVAKALYAN PATTANA SAHAKARI BANK NIYAMIT,THE
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 05-MAR-2007
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 05-MAR-2007
05-MAR-2007
|
|
|
125
|
|
|
BASSEIN CATHOLIC CO-OPERATIVE BANK LTD.
|
|
|
DELAY IN REPORTING OF FRAUDS TO RBI AND/OR NABARD
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
LEVIED PENAL CHARGES FOR NON-MAINTENANCE OF MINIMUM BALANCES IN DORMANT/INOPERATIVE SAVING BANK ACCOUNTS AND/OR CURRENT DEPOSIT ACCOUNTS
RESTRUCTURED CREDIT FACILITIES WITHOUT ESTABLISHING THE FINANCIAL VIABILITY AND REASONABLE CERTAINTY OF REPAYMENT BY THE BORROWERS
|
IMPOSED PENALTY RS.61,60,000 FROM 28-MAR-2024
28-MAR-2024
|
|
|
126
|
|
|
BASSEIN CATHOLIC CO-OPERATIVE BANK LTD.
|
|
|
SANCTIONED LOAN TO A RELATIVE OF ONE OF ITS DIRECTORS
|
IMPOSED PENALTY RS.25,00,000 FROM 22-SEP-2023
22-SEP-2023
|
|
|
127
|
|
|
BASSEIN CATHOLIC CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI IN RELATION TO INCOME RECOGNITION, ASSET CLASSIFICATION AND PROVISIONING DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
IMPOSED PENALTY RS.50,00,000 FROM 14-DEC-2022
14-DEC-2022
|
|
|
128
|
|
|
BASSEIN CATHOLIC CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI IN RELATION TO INCOME RECOGNITION, ASSET CLASSIFICATION AND PROVISIONING DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
IMPOSED PENALTY RS.49,00,000 FROM 02-JUN-2022
02-JUN-2022
|
|
|
129
|
|
|
BATHINDA CENTRAL CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON TRANSFER OF ELIGIBLE UNCLAIMED FUNDS TO DEPOSITOR EDUCATION AND AWARENESS FUND WITHIN PRESCRIBED PERIOD
|
IMPOSED PENALTY RS.3,00,000 FROM 30-MAY-2025
30-MAY-2025
|
|
|
130
|
|
|
BAVLA NAGARIK SAHAKARI BANK LTD.,THE
|
|
|
SANCTIONED AND/OR RENEWED LOAN TO A RELATIVE OF ONE OF ITS DIRECTORS
SANCTIONED CREDIT FACILITIES TO INDIVIDUALS WHERE RELATIVES OF ITS DIRECTORS STOOD AS GUARANTORS
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.3,00,000 FROM 22-MAY-2024
22-MAY-2024
|
|
|
131
|
|
|
BECHARAJI NAGARIK SAHAKARI 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 22-AUG-2023
22-AUG-2023
|
|
|
132
|
|
|
BECHRAJI NAGARIK SAHAKARI BANK LTD.,THE
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
|
IMPOSED PENALTY RS.50,000 FROM 12-DEC-2022
12-DEC-2022
|
|
|
133
|
|
|
BECHRAJI NAGARIK SAHAKARI BANK LTD.,THE
|
|
|
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
|
IMPOSED PENALTY RS.1,00,000 FROM 03-MAY-2013
03-MAY-2013
|
|
|
134
|
|
|
BECHRAJI NAGARIK SAHAKARI 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.1,00,000 FROM 16-AUG-2011
16-AUG-2011
|
|
|
135
|
|
|
BEDKIHAL URBAN CO-OPERATIVE BANK LTD.
|
|
|
VIOLATED DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI FOR CONDUCTING BANKING BUSINESS
|
IMPOSED PENALTY RS.1,00,000 FROM 20-FEB-2018
20-FEB-2018
|
|
|
136
|
|
|
BEED DISTRICT CENTRAL CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON TRANSFER OF ELIGIBLE UNCLAIMED FUNDS TO DEPOSITOR EDUCATION AND AWARENESS FUND WITHIN PRESCRIBED PERIOD
DID NOT SUBMIT DATA TO ANY OF THE FOUR CREDIT INFORMATION COMPANIES (AT MONTHLY AND/OR SHORTLY INTERVALS)
DID NOT UNDERTAKE REQUISITE CUSTOMER DUE DILIGENCE PROCEDURE WHILE ESTABLISHING ACCOUNT-BASED RELATIONSHIP IN CERTAIN ACCOUNTS
|
IMPOSED PENALTY RS.2,25,000 FROM 25-SEP-2025
25-SEP-2025
|
|
|
137
|
|
|
BEGUSARAI CENTRAL CO-OPERATIVE 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.1,40,000 FROM 24-SEP-2025
24-SEP-2025
|
|
|
138
|
|
|
BELAGAVI DISTRICT CENTRAL CO-OPERATIVE BANK LTD.,THE
|
|
|
VIOLATED RBI’S DIRECTIVES ON LOANS TO DIRECTORS
SANCTIONED LOANS ON BULLET REPAYMENT BASIS AGAINST GOLD/SILVER ORNAMENTS BEYOND PRESCRIBED CEILING LIMIT
SANCTIONED LOAN TO NON-RESIDENTIAL COMMERCIAL REAL ESTATE PROJECT
|
IMPOSED PENALTY RS.2,00,000 FROM 23-FEB-2026
23-FEB-2026
|
|
|
139
|
|
|
BELGAUM CATHOLIC CO-OPERATIVE CREDIT BANK LTD.,THE
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 03-AUG-2010
03-AUG-2010
|
|
|
140
|
|
|
BELGAUM DISTRICT REVENUE EMPLOYEES’ CO-OPERATIVE BANK LTD.
|
|
|
DELAY IN UPLOADING KNOW YOUR CLIENTS (KYC) RECORDS OF CERTAIN CUSTOMERS’ ACCOUNTS ON CENTRAL KNOW YOUR CLIENTS (KYC) RECORDS REGISTRY
|
IMPOSED PENALTY RS.50,000 FROM 03-JAN-2025
03-JAN-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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