|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
1381
|
|
SOLAPUR SIDDHESHWAR SAHAKARI 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.1,50,000 FROM 22-JUN-2023
22-JUN-2023
|
|
|
1382
|
|
|
SONBHADRA NAGAR SAHKARI 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
|
IMPOSED PENALTY RS.2,50,000 FROM 01-OCT-2024
01-OCT-2024
|
|
|
1383
|
|
|
SONEPAT CENTRAL CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT SUBMIT DATA TO ANY OF THE FOUR CREDIT INFORMATION COMPANIES (AT MONTHLY AND/OR SHORTLY INTERVALS)
|
IMPOSED PENALTY RS.25,000 FROM 30-JUL-2025
30-JUL-2025
|
|
|
1384
|
|
|
SONPETH NAGARI SAHAKARI BANK MARYADIT
|
|
|
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 30-JUL-2025 TO 29-MAR-2026
30-JUL-2025
|
RBI VIDE ITS ORDER DATED 28/01/2026, DIRECTED TO CONTINUE DIRECTIVE DATED 29/07/2025 FOR FURTHER THREE MONTHS FROM 30/01/2026 TO 30/04/2026
RBI VIDE ITS ORDER DATED 28/04/2026, DIRECTED TO CONTINUE DIRECTIVE DATED 29/07/2025 FOR FURTHER THREE MONTHS FROM 30/04/2026 TO 30/07/2026
RBI VIDE ITS ORDER DATED 24/07/2026, DIRECTED TO CONTINUE DIRECTIVE DATED 29/07/2025 FOR FURTHER THREE MONTHS FROM 30/07/2026 TO 30/10/2026
|
|
1385
|
|
|
SOUTH CANARA DISTRICT CENTRAL CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON PRUDENTIAL EXPOSURE LIMITS ON HOUSING FINANCE
HELD SHARES IN OTHER CO-OPERATIVE SOCIETY IN CONTRAVENTION OF BANKING REGULATION ACT, 1949
|
IMPOSED PENALTY RS.1,50,000 FROM 23-SEP-2025
23-SEP-2025
|
|
|
1386
|
|
|
SOUTH CANARA DISTRICT CENTRAL CO-OPERATIVE BANK LTD.,THE
|
|
|
VIOLATED RBI’S DIRECTIVES ON LOANS TO DIRECTORS
|
IMPOSED PENALTY RS.5,00,000 FROM 26-MAR-2025
26-MAR-2025
|
|
|
1387
|
|
|
SREE CHAITANYA CO-OPERATIVE BANK LTD.
|
|
|
DID NOT OBTAIN MEMBERSHIP OF CREDIT INFORMATION COMPANIES (CICS)
|
IMPOSED PENALTY RS.5,000 FROM 30-NOV-2023
30-NOV-2023
|
|
|
1388
|
|
|
SREE CHAITANYA CO-OPERATIVE BANK LTD.
|
|
|
VIOLATED DIRECTIVES/INSTRUCTIONS/GUIDELINES/RULES ON NON-PUBLICATION/SUBMISSION OF ACCOUNTS AND BALANCE SHEET
|
IMPOSED PENALTY RS.50,000 FROM 09-SEP-2015
09-SEP-2015
|
|
|
1389
|
|
|
SREE CHARAN SOUHARDHA CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ON CLASSIFY CERTAIN LOANS AND/OR CREDIT FACILITIES AS NON-PERFORMING ASSETS IN ACCORDANCE WITH IRAC NORMS
OFFERED INTEREST RATES ON DEPOSITS HIGHER THAN THOSE OFFERED BY STATE BANK OF INDIA AND SANCTIONED FRESH LOANS & ADVANCES VIOLATING DIRECTIONS ISSUED UNDER SUPERVISORY ACTION FRAMEWORK (SAF)
|
IMPOSED PENALTY RS.2,00,000 FROM 05-NOV-2024
05-NOV-2024
|
|
|
1390
|
|
|
SREE HARIHARESHWARA URBAN CO-OPERATIVE BANK LTD.
|
|
|
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.50,000 FROM 15-JUL-2024
15-JUL-2024
|
|
|
1391
|
|
|
SRI BASAVESHWAR CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON LOANS AND/OR ADVANCES TO DIRECTORS AND THEIR RELATIVES
|
IMPOSED PENALTY RS.1,00,000 FROM 24-MAY-2019
24-MAY-2019
|
|
|
1392
|
|
|
SRI BASAVESHWAR SAHAKAR BANK NIYAMITHA
|
|
|
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 RBI ON GIVING DONATION EXCEEDING PRESCRIBED LIMIT
DELAY IN UPLOADING KNOW YOUR CLIENTS (KYC) RECORDS OF CERTAIN CUSTOMERS’ ACCOUNTS ON CENTRAL KNOW YOUR CLIENTS (KYC) RECORDS REGISTRY
|
IMPOSED PENALTY RS.2,00,000 FROM 03-MAR-2025
03-MAR-2025
|
|
|
1393
|
|
|
SRI BASAVESHWARA PATTANA SAHAKARA BANK NIYAMIT
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI WHEN INCREASED ITS EXPOSURE TO SECTOR WHERE LEVEL OF NPAS WERE HIGH AND DECLARED DIVIDEND WITHOUT PRIOR PERMISSION OF RBI VIOLATING SAF DIRECTIONS
|
IMPOSED PENALTY RS.1,00,000 FROM 18-DEC-2024
18-DEC-2024
|
|
|
1394
|
|
|
SRI BHARATHI CO-OPERATIVE URBAN 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 02-JAN-2019
02-JAN-2019
|
RBI VIDE ITS ORDER DATED 09/07/2019, EXTENDED DIRECTIONS FOR A FURTHER PERIOD OF SIX MONTHS FROM 03/07/2019 TO 02/01/2020
RBI VIDE ITS ORDER DATED 07/01/2020 DIRECTED TO CONTINUE DIRECTIONS DATED 02/01/2019 FOR FURTHER THREE MONTHS FROM 03/01/2020 TO 02/04/2020
RBI VIDE ITS ORDER DATED 19/03/2020 WITHDRAWN ALL INCLUSIVE DIRECTIONS ISSUED ON 19/03/2020 WITH EFFECT FROM CLOSE OF BUSINESS AS ON 02/01/2020
|
|
1395
|
|
|
SRI BHARATHI CO-OPERATIVE URBAN BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI UNDER SECTION 35A OF THE BANKING REGULATION ACT, 1949
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON SUBMISSION OF COMPLIANCE REPORT
|
IMPOSED PENALTY RS.2,00,000 FROM 27-NOV-2018
27-NOV-2018
|
|
|
1396
|
|
|
SRI BHARATHI 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 29-AUG-2016
29-AUG-2016
|
RBI VIDE ITS PRESS RELEASE DATED 02/03/2017 MODIFIED ITS DIRECTIONS ISSUED ON 24/08/2016. (1) A SUM NOT EXCEEDING RS.50,000.00 (RUPEES TWENTY THOUSAND ONLY) IN EVERY SAVINGS BANK ACCOUNT OR CURRENT ACCOUNT OR TERM DEPOSIT ACCOUNT OR ANY OTHER DEPOSIT ACCOUNT (BY WHATEVER NAME CALLED); MAY BE ALLOWED TO BE WITHDRAWN BY DEPOSITOR, PROVIDED THAT WHEREVER SUCH DEPOSITOR IS HAVING LIABILITY TO THE BANK IN ANY MANNER, I.E. EITHER AS A BORROWER OR SURETY, INCLUDING LOANS AGAINST THE BANK DEPOSITS, THE AMOUNT MAY BE ADJUSTED FIRST TO THE RELEVANT BORROWAL ACCOUNT/S. THE AMOUNT REQUIRED TO PAY THE DEPOSITORS SHOULD BE KEPT BY THE BANK SEPARATELY IN AN ESCROW ACCOUNT AND/OR IN EARMARKED SECURITIES WHICH WILL BE UTILIZED BY THE BANK ONLY TO PAY TO THE DEPOSITORS AS PER THE REVISED DIRECTIONS (2) RENEW EXISTING LOAN LIMITS OF STANDARD AND SECURED CC ACCOUNTS OTHER THAN THE DIRECTOR RELATED LOANS, IF ANY (3) BANK IS ALLOWED TO SET OFF LOANS AGAINST DEPOSITS, “IF THE TERMS AND CONDITIONS OF LOAN AGREEMENT WITH BORROWER PROVIDE THAT THE AMOUNT IN HIS/HER SPECIFIC DEPOSIT ACCOUNT (BY WHATEVER NAME CALLED) MAY BE ALLOWED TO BE APPROPRIATED / ADJUSTED BY THE BANK TOWARDS HIS LOAN ACCOUNT, SUCH APPROPRIATION / ADJUSTMENT TO THE EXTENT OF OUTSTANDING BALANCE IN LOAN ACCOUNT IS PERMITTED SUBJECT TO THESE ADDITIONAL CONDITIONS: A) THE ACCOUNTS HAVE TO BE KYC COMPLIANT AS ON THE DATE OF ADJUSTMENT B) DEPOSITS HELD BY THIRD PARTY INCLUDING BUT NOT LIMITED TO GUARANTOR/S / SURETIES WILL NOT BE PERMITTED TO BE ADJUSTED C) THIS OPTION SHOULD BE EXERCISED UNDER DUE NOTICE TO/ CONSENT OF THE DEPOSITOR NORMALLY IN CASES WHERE FURTHER DELAY IN SETTING OFF MAY RESULT IN THE LOAN ACCOUNT BECOMING NPA. FOR SETTING OFF STANDARD LOANS (BEING SERVICED REGULARLY) AND ANY DIVERGENCE FROM THE TERMS AND CONDITIONS OF LOAN AGREEMENT, PRIOR WRITTEN CONSENT OF THE DEPOSITOR- BORROWER WOULD BE NECESSARY D) THE DEPOSIT OR ITS SET OFF SHOULD NOT BE SUBJECT TO ANY RESTRICTIONS SUCH AS ATTACHMENT ORDER / PROHIBITORY ORDER OF COURT OF LAW OR STATUTORY AUTHORITY OR OTHER AUTHORITY EMPOWERED UNDER LAW, EARNEST MONEY DEPOSIT, OBLIGATION OF TRUST, THIRD PARTY LIEN, UNDER PROVISION OF THE STATE COOPERATIVE SOCIETIES ACT ETC."
|
|
1397
|
|
|
SRI GANESH CO-OPERATIVE BANK LTD.
|
|
|
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 RBI ON GIVING DONATION EXCEEDING PRESCRIBED LIMIT
|
IMPOSED PENALTY RS.2,50,000 FROM 25-MAR-2025
25-MAR-2025
|
|
|
1398
|
|
|
SRI GANESH CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO ANTI MONEY LAUNDERING (AML) DIRECTIVES/INSTRUCTIONS/GUIDELINES
OPENED BENAMI ACCOUNTS AND ALLOWED HUGE DEPOSITS IN SUCH ACCOUNTS
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.15,00,000 FROM 11-MAY-2015
11-MAY-2015
|
|
|
1399
|
|
|
SRI GURURAGHAVENDRA SAHAKARA BANK NIYAMITHA
|
|
|
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 02-JAN-2020
02-JAN-2020
|
RBI VIDE ITS ORDER DATED 19/06/2020 ENHANCED THE LIMIT FOR WITHDRAWAL TO RS.1,00,000.00 INCLUSIVE OF RS.35,000.00 ALLOWED EARLIER
RBI VIDE ITS ORDER DATED 10/07/2020 MODIFIED IT DIRECTIONS BY ALLOWING TO WITHDRAW RS.1 LAC OF TOTAL BALANCE IN EVERY SAVINGS BANK OR CURRENT ACCOUNT OR ANY OTHER DEPOSIT ACCOUNT AND TO CONTINUE DIRECTIONS DATED 02/01/2020 FOR FURTHER SIX MONTHS FROM 11/07/2020 TO 10/01/2021
RBI VIDE ITS ORDER DATED 10/01/2021 DIRECTED TO CONTINUE DIRECTIONS DATED 02/01/2020 APPLY TO BANK FOR FURTHER SIX MONTHS FROM 11/01/2021 TO 10/07/2021
RBI VIDE ITS ORDER DATED 11/07/2021 DIRECTED TO CONTINUE DIRECTIONS DATED 02/01/2020 APPLY TO BANK FOR FURTHER PERIOD OF SIX MONTHS FROM 11/07/2021 TO 10/01/2022
RBI VIDE ITS ORDER DATED 11/01/2022, DIRECTED TO CONTINUE DIRECTIVE DATED 02/01/2020 FOR FURTHER PERIOD OF FOUR MONTHS FROM 11/01/2022 TO 10/05/2022
RBI VIDE ITS ORDER DATED 11/05/2022, DIRECTED TO CONTINUE DIRECTIVE DATED 02/01/2020 FOR FURTHER SIX MONTHS FROM 11/05/2022 TO 10/11/2022
RBI VIDE ITS ORDER DATED 11/11/2022, DIRECTED TO CONTINUE ITS DIRECTIONS DATED 02/01/2020 FOR FURTHER THREE MONTHS FROM 11/11/2022 TO 10/02/2023
RBI VIDE ITS ORDER DATED 11/02/2023, DIRECTED TO CONTINUE DIRECTIVE DATED 02/01/2020 FOR FURTHER THREE MONTHS FROM 11/02/2023 TO 10/05/2023
RBI VIDE ITS ORDER DATED 10/05/2023, DIRECTED TO CONTINUE DIRECTIVE DATED 02/01/2020 FOR FURTHER THREE MONTHS FROM 11/05/2023 TO 10/08/2023
RBI VIDE ITS ORDER DATED 04/08/2023, DIRECTED TO CONTINUE DIRECTIVE DATED 02/01/2020 FOR FURTHER THREE MONTHS FROM 11/08/2023 TO 10/11/2023
RBI VIDE ITS ORDER DATED 08/11/2023, DIRECTED TO CONTINUE DIRECTIVE DATED 02/01/2020 FOR FURTHER THREE MONTHS FROM 10/11/2023 TO 10/02/2024
RBI VIDE ITS ORDER DATED 06/02/2024, DIRECTED TO CONTINUE DIRECTIVE DATED 02/01/2020 FOR FURTHER THREE MONTHS FROM 11/02/2024 TO 10/05/2024
RBI VIDE ITS ORDER DATED 07/05/2024, DIRECTED TO CONTINUE DIRECTIVE DATED 02/01/2020 FOR FURTHER THREE MONTHS FROM 11/05/2024 TO 10/08/2024
RBI VIDE ITS ORDER DATED 09/08/2024, DIRECTED TO CONTINUE DIRECTIVE DATED 02/01/2020 FOR FURTHER THREE MONTHS FROM 11/08/2024 TO 10/11/2024
RBI VIDE ITS ORDER DATED 08/11/2024, DIRECTED TO CONTINUE DIRECTIVE DATED 02/01/2020 FOR FURTHER THREE MONTHS FROM 11/11/2024 TO 10/02/2025
RBI VIDE ITS ORDER DATED 07/02/2025, DIRECTED TO CONTINUE DIRECTIVE DATED 02/01/2020 FOR FURTHER THREE MONTHS FROM 11/02/2025 TO 10/05/2025
RBI VIDE ITS ORDER DATED 07/05/2025, DIRECTED TO CONTINUE DIRECTIVE DATED 02/01/2020 FOR FURTHER THREE MONTHS FROM 11/05/2025 TO 10/08/2025
RBI VIDE ITS ORDER DATED 07/08/2025, DIRECTED TO CONTINUE DIRECTIVE DATED 02/01/2020 FOR FURTHER THREE MONTHS FROM 11/08/2025 TO 10/11/2025
RBI VIDE ITS ORDER DATED 07/11/2025, DIRECTED TO CONTINUE DIRECTIVE DATED 02/01/2020 FOR FURTHER THREE MONTHS FROM 10/11/2025 TO 10/02/2026
RBI VIDE ITS ORDER DATED 04/02/2026, DIRECTED TO CONTINUE DIRECTIVE DATED 02/01/2020 FOR FURTHER THREE MONTHS FROM 10/02/2026 TO 10/05/2026
RBI VIDE ITS ORDER DATED 08/05/2026, DIRECTED TO CONTINUE DIRECTIVE DATED 02/01/2020 FOR FURTHER THREE MONTHS FROM 10/05/2026 TO 10/08/2026
RBI VIDE ITS ORDER DATED 06/08/2026, DIRECTED TO CONTINUE DIRECTIVE DATED 02/01/2020 FOR FURTHER THREE MONTHS FROM 10/08/2026 TO 10/11/2026
|
|
1400
|
|
|
SRI KALAHASTI CO-OPERATIVE TOWN BANK LTD.
|
|
|
DELAY IN SUBMITTING ACCOUNTS AND BALANCE-SHEET TOGETHER WITH AUDITOR’S REPORT TO RBI
|
IMPOSED PENALTY RS.50,000 FROM 04-OCT-2024
04-OCT-2024
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
|
|
|
|
|
Page
70
of
82
|
