|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
1461
|
|
TELANGANA STATE CO-OPERATIVE APEX 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.2,00,000 FROM 05-JUN-2023
05-JUN-2023
|
|
|
1462
|
|
|
TEXTILE TRADERS CO-OPERATIVE BANK LTD.
|
|
|
DID NOT PAY ELIGIBLE INTEREST AT THE TIME OF REPAYMENT ON TERM DEPOSITS MATURING ON SUNDAY/HOLIDAY/NON-BUSINESS WORKING DAY AND PAID ON SUCCEEDING WORKING DAYS
DID NOT PAY INTEREST ON BALANCES LYING IN CURRENT ACCOUNT STANDING IN NAME OF DECEASED INDIVIDUAL DEPOSITORS OR SOLE PROPRIETORSHIP CONCERNS
DID NOT PAY INTEREST ON DEPOSITS WITHDRAWN BEFORE MATURITY FOR THE PERIOD DEPOSITS REMAINED WITH THE BANK
DID NOT PROVIDE 24X7 ACCESS THROUGH MULTIPLE CHANNELS TO REPORT UNAUTHORISED ELECTRONIC TRANSACTIONS THAT HAD TAKEN PLACE AND/OR LOSS OR THEFT OF PAYMENT INSTRUMENT SUCH AS CARD ETC.
DID NOT UNDERTAKE ONGOING CUSTOMER DUE DILIGENCE AND PUT INTO USE ROBUST SOFTWARE FOR GENERATING ALERTS WHEN TRANSACTIONS WERE INCONSISTENT WITH CUSTOMER PROFILE
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.4,50,000 FROM 19-JUN-2023
19-JUN-2023
|
|
|
1463
|
|
|
THANE BHARAT SAHAKARI BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON CUSTOMER PROTECTION–LIMITING LIABILITY OF CUSTOMERS IN UNAUTHORISED ELECTRONIC BANKING TRANSACTIONS
|
IMPOSED PENALTY RS.15,00,000 FROM 29-AUG-2022
29-AUG-2022
|
|
|
1464
|
|
|
THANE DISTRICT CENTRAL 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.2,10,000 FROM 14-JUL-2025
14-JUL-2025
|
|
|
1465
|
|
|
THANE DISTRICT CENTRAL CO-OPERATIVE BANK LTD.,THE
|
|
|
SANCTIONED LOANS TO NOMINAL MEMBERS WHERE LOAN AMOUNT IN EACH CASE EXCEEDED THE APPLICABLE CEILING
|
IMPOSED PENALTY RS.2,00,000 FROM 28-NOV-2023
28-NOV-2023
|
|
|
1466
|
|
|
THASRA PEOPLE’S CO-OPERATIVE BANK LTD.,THE
|
|
|
VIOLATED RBI’S DIRECTIVES ON LOANS TO DIRECTORS
SANCTIONED GOLD LOANS EXCEEDING THE PRESCRIBED CEILING OF LOAN TO VALUE (LTV) RATIO
|
IMPOSED PENALTY RS.3,00,000 FROM 16-DEC-2024
16-DEC-2024
|
|
|
1467
|
|
|
THIRUVAIKUNTAM CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
VIOLATED PROVISIONS RELATED TO PROHIBITION OF BANKS FROM GRANTING ANY LOAN OR ADVANCE TO ANY OF ITS DIRECTORS
|
IMPOSED PENALTY RS.5,00,000 FROM 03-NOV-2020
03-NOV-2020
|
|
|
1468
|
|
|
THOOTHUKUDI DISTRICT CENTRAL CO-OPERATIVE BANK LTD.
|
|
|
DELAY IN REPORTING OF FRAUDS TO RBI AND/OR NABARD
|
IMPOSED PENALTY RS.50,000 FROM 06-MAY-2024
06-MAY-2024
|
|
|
1469
|
|
|
TIRUCHIRAPPALLI DIST.CENTRAL CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI IN RELATION TO INCOME RECOGNITION, ASSET CLASSIFICATION AND PROVISIONING DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
IMPOSED PENALTY RS.1,00,000 FROM 24-NOV-2022
24-NOV-2022
|
|
|
1470
|
|
|
TIRUMALA CO-OPERATIVE URBAN BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON LOANS AND/OR ADVANCES TO DIRECTORS AND THEIR RELATIVES
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 OF RBI ON DONATIONS/CONTRIBUTIONS FOR PUBLIC/CHARITABLE PURPOSES OUT OF PROFIT OF URBAN CO-OPERATIVE BANKS
|
IMPOSED PENALTY RS.2,00,000 FROM 02-AUG-2017
02-AUG-2017
|
|
|
1471
|
|
|
TIRUPATI URBAN CO-OPERATIVE 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
|
IMPOSED PENALTY RS.50,000 FROM 04-JAN-2023
04-JAN-2023
|
|
|
1472
|
|
|
TIRUPATTUR URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
SANCTIONED LOANS TO NOMINAL MEMBERS WHERE LOAN AMOUNT IN EACH CASE EXCEEDED THE APPLICABLE CEILING
|
IMPOSED PENALTY RS.25,000 FROM 28-FEB-2024
28-FEB-2024
|
|
|
1473
|
|
|
TJSB SAHAKARI BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON INCOME RECOGNITION AND ASSET CLASSIFICATION (IRAC) NORMS AND FRAUDS
|
IMPOSED PENALTY RS.45,00,000 FROM 27-MAY-2020
27-MAY-2020
|
|
|
1474
|
|
|
TOWN CO-OPERATIVE 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.5,00,000 FROM 30-NOV-2012
30-NOV-2012
|
|
|
1475
|
|
|
TRANSPORT CO-OPERATIVE BANK LTD.
|
|
|
VIOLATED RBI’S DIRECTIVES ON LOANS TO DIRECTORS
SANCTIONED CREDIT FACILITIES TO INDIVIDUALS WHERE RELATIVES OF ITS DIRECTORS STOOD AS GUARANTORS
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 14-FEB-2024
14-FEB-2024
|
|
|
1476
|
|
|
TRANSPORT CO-OPERATIVE 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 INSPECTION REPORT OF RBI
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON CREDIT EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES ON LOANS & ADVANCES
|
IMPOSED PENALTY RS.5,00,000 FROM 16-MAR-2017
16-MAR-2017
|
|
|
1477
|
|
|
TRIPURA STATE 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.7,50,000 FROM 02-SEP-2025
02-SEP-2025
|
|
|
1478
|
|
|
TRIPURA STATE CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO RBI DIRECTIVES/INSTRUCTIONS/GUIDELINES ON MEMBERSHIP OF CREDIT INFORMATION COMPANIES (CICS)
|
IMPOSED PENALTY RS.50,000 FROM 15-JUL-2021
15-JUL-2021
|
|
|
1479
|
|
|
TUMKUR DISTRICT CO-OPERATIVE CENTRAL BANK LTD.
|
|
|
VIOLATED RBI’S DIRECTIVES ON LOANS TO DIRECTORS
|
IMPOSED PENALTY RS.1,00,000 FROM 22-OCT-2025
22-OCT-2025
|
|
|
1480
|
|
|
TUMKUR GRAIN MERCHANTS CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXTENSION OF FRESH LOANS AND ADVANCES CARRYING RISK WEIGHTS OF 100% AND ABOVE
OFFERED INTEREST RATES ON CERTAIN DEPOSITS FOR VARIOUS DURATIONS HIGHER THAN THOSE OFFERED BY SBI IN NON-COMPLIANCE WITH SAF DIRECTIONS
SANCTIONED/ RENEWED CREDIT FACILITIES TO SECTORS HAVING HIGH LEVEL OF NON-PERFORMING ASSETS (NPAS)/ DEFAULTS
|
IMPOSED PENALTY RS.1,00,000 FROM 20-NOV-2025
20-NOV-2025
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
|
|
|
|
|
Page
74
of
82
|
