|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
1401
|
|
SRI KALAHASTI CO-OPERATIVE TOWN BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON SUBMISSION OF COMPLIANCE REPORT
|
IMPOSED PENALTY RS.50,000 FROM 21-FEB-2019
21-FEB-2019
|
|
|
1402
|
|
|
SRI KALAHASTI CO-OPERATIVE TOWN BANK LTD.
|
|
|
VIOLATED SECTION 20 AND SECTION 20 A OF THE BANKING REGULATION ACT, 1949
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 07-JUN-2016
07-JUN-2016
|
|
|
1403
|
|
|
SRI MALLIKARJUNA PATTANA SAHAKARI BANK NIYAMITA
|
|
|
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 21-SEP-2023
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 21-SEP-2023
21-SEP-2023
|
|
|
1404
|
|
|
SRI MALLIKARJUNA PATTANA SAHAKARI BANK NIYAMITA
|
|
|
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 18-JUL-2022 TO 17-JAN-2023
18-JUL-2022
|
RBI VIDE ITS ORDER DATED 19/01/2023, DIRECTED TO CONTINUE DIRECTIVE DATED 15/07/2022 FOR FURTHER THREE MONTHS FROM 19/01/2023 TO 18/04/2023
RBI VIDE ITS ORDER DATED 19/04/2023, DIRECTED TO CONTINUE DIRECTIVE DATED 15/07/2022 FOR FURTHER THREE MONTHS FROM 19/04/2023 TO 18/07/2023
RBI VIDE ITS ORDER DATED 18/07/2023, DIRECTED TO CONTINUE DIRECTIVE DATED 15/07/2022 FOR FURTHER THREE MONTHS FROM 19/07/2023 TO 18/10/2023
|
|
1405
|
|
|
SRI POTTI SRI RAMULU NELLORE DISTRICT CO-OPERATIVE CENTRAL BANK LTD.
|
|
|
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 14-DEC-2012
14-DEC-2012
|
|
|
1406
|
|
|
SRI SATYA SAI NAGRIK SAHAKARI BANK MARYADIT
|
|
|
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.1,00,000 FROM 20-JAN-2026
20-JAN-2026
|
|
|
1407
|
|
|
SRI SATYA SAI NAGRIK SAHAKARI BANK MARYADIT
|
|
|
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.75,000 FROM 07-FEB-2024
07-FEB-2024
|
|
|
1408
|
|
|
SRI SATYA SAI NAGRIK SAHAKARI BANK MARYADIT
|
|
|
EXTENDED LOANS TO ITS DIRECTORS AND/OR RELATIVE OF THE DIRECTORS
|
IMPOSED PENALTY RS.50,000 FROM 23-SEP-2020
23-SEP-2020
|
|
|
1409
|
|
|
SRI SATYA SAI NAGRIK SAHAKARI BANK MARYADIT
|
|
|
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 09-APR-2010
09-APR-2010
|
RBI VIDE ITS ORDER DATED 08/10/2014, EXTENDED DIRECTIONS FOR A FURTHER PERIOD OF SIX MONTHS I.E. FROM 09/10/2014 TO 08/04/2015 AND NOW AGAIN EXTENDED FOR A FURTHER PERIOD OF SIX MONTHS I.E. FROM 09/04/2015 TO 08/10/2015
|
|
1410
|
|
|
SRI SHARADA MAHILA 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 11-JUL-2023
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 11-JUL-2023
11-JUL-2023
|
|
|
1411
|
|
|
SRI SHARADA MAHILA 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 08-JUL-2022 TO 07-JAN-2023
08-JUL-2022
|
RBI VIDE ITS ORDER DATED 10/12/2022, DIRECTED TO CONTINUE DIRECTIVE DATED 26/10/2018 FOR FURTHER THREE MONTHS FROM 10/12/2022 TO 09/03/2023
RBI VIDE ITS ORDER DATED 09/04/2023, DIRECTED TO CONTINUE DIRECTIVE DATED 07/07/2022 FOR FURTHER THREE MONTHS FROM 09/04/2023 TO 08/07/2023
RBI VIDE ITS ORDER DATED 07/07/2023, DIRECTED TO CONTINUE DIRECTIVE DATED 07/07/2022 FOR FURTHER THREE MONTHS FROM 09/07/2023 TO 08/10/2023
|
|
1412
|
|
|
SRIKAKULAM CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 27-AUG-2013
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 27-AUG-2013
27-AUG-2013
|
|
|
1413
|
|
|
STATE TRANSPORT CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON TRANSFER OF ELIGIBLE FUNDS TO DEPOSITOR EDUCATION AND AWARENESS FUND
|
IMPOSED PENALTY RS.2,00,000 FROM 23-AUG-2023
23-AUG-2023
|
|
|
1414
|
|
|
STATE TRANSPORT EMPLOYEES CO-OPERATIVE BANK LTD.,THE
|
|
|
PROHIBITED FROM CARRYING ON BANKING BUSINESS IN INDIA UNDER SECTION 22 OF THE BANKING REGULATION ACT, 1949
|
CANCELLED BANKING LICENSE FROM 13-JAN-2017
13-JAN-2017
|
|
|
1415
|
|
|
SULAIMANI 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
OPENED SEVERAL SAVINGS DEPOSIT ACCOUNTS IN THE NAME OF INELIGIBLE ENTITIES
OFFERED FIXED DEPOSITS FOR A MINIMUM TENOR WHICH WAS NOT AS PER THE
PRESCRIBED TENOR
|
IMPOSED PENALTY RS.2,00,000 FROM 10-FEB-2025
10-FEB-2025
|
|
|
1416
|
|
|
SULAIMANI CO-OPERATIVE BANK LTD.
|
|
|
VIOLATED DIRECTIVES/INSTRUCTIONS/GUIDELINES BY SANCTIONING FRESH LOANS & ADVANCES
VIOLATED DIRECTIVES/INSTRUCTIONS/GUIDELINES FOR GRANTING UNSECURED CREDIT FACILITIES
SUBMITTED INACCURATE INFORMATION TO RBI REGARDING CREDIT FACILITIES TO DIRECTORS AND RELATIVES
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 29-MAR-2012
29-MAR-2012
|
|
|
1417
|
|
|
SULAIMANI CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO ANTI MONEY LAUNDERING (AML) DIRECTIVES/INSTRUCTIONS/GUIDELINES
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON CEILING ON INTER-BANK DEPOSITS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON INSPECTION COMPLIANCE
|
IMPOSED PENALTY RS.1,00,000 FROM 04-MAR-2011
04-MAR-2011
|
|
|
1418
|
|
|
SUMERPUR MERCANTILE URBAN 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 27-FEB-2024
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 27-FEB-2024
27-FEB-2024
|
|
|
1419
|
|
|
SUN CORPORATE SERVICES PVT.LTD.
|
|
|
DID NOT ADHERE TO INSTRUCTIONS OF RBI TO MAKE OVERSEAS INVESTMENTS WITHOUT OBTAINING NO OBJECTION CERTIFICATE FROM BANK
DID NOT ADHERE TO INSTRUCTIONS OF RBI TO SEEK PRIOR PERMISSION OF THE BANK BEFORE APPROACHING ROC FOR CHANGE OF NAME
|
IMPOSED PENALTY RS.5,00,000 FROM 07-APR-2016
07-APR-2016
|
|
|
1420
|
|
|
SUNDARGARH DIST.CENTRAL CO-OPERATIVE BANK LTD.,THE
|
|
|
VIOLATED RBI’S DIRECTIVES ON LOANS TO DIRECTORS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON TRANSFER OF ELIGIBLE FUNDS TO DEPOSITOR EDUCATION AND AWARENESS FUND
DID NOT CARRY OUT CUSTOMER DUE DILIGENCE IN CERTAIN ACCOUNTS
|
IMPOSED PENALTY RS.3,00,000 FROM 13-NOV-2024
13-NOV-2024
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
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Page
71
of
82
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