|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
1481
|
|
TUMKUR GRAIN MERCHANTS 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 ANTI MONEY LAUNDERING (AML) DIRECTIVES/INSTRUCTIONS/GUIDELINES
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ON COMBATING OF FINANCING OF TERRORISM (CFT)/OBLIGATIONS OF BANKS UNDER PREVENTION OF MONEY LAUNDERING ACT (PMLA), 2002
|
IMPOSED PENALTY RS.5,00,000 FROM 04-MAY-2018
04-MAY-2018
|
|
|
1482
|
|
|
TUMKUR VEERASHAIVA CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXTENSION OF FRESH LOANS AND ADVANCES CARRYING RISK WEIGHTS OF 100% AND ABOVE
DID NOT CURTAIL ITS EXPOSURE TO SECTOR WHERE LEVEL OF NPAS WERE HIGH
DID NOT CURTAIL OPERATING / ADMINISTRATIVE EXPENSES
|
IMPOSED PENALTY RS.50,000 FROM 25-MAR-2025
25-MAR-2025
|
|
|
1483
|
|
|
TUMKUR VEERASHAIVA 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.10,00,000 FROM 19-OCT-2016
19-OCT-2016
|
|
|
1484
|
|
|
TURA URBAN 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-AUG-2020
10-AUG-2020
|
|
|
1485
|
|
|
U.P.CIVIL SECRETARIAT PRIMARY CO-OPERATIVE BANK LTD.,THE
|
|
|
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 11-MAR-2026 TO 10-SEP-2026
11-MAR-2026
|
|
|
1486
|
|
|
U.P.CIVIL SECRETARIAT PRIMARY 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 FURNISH ANY CREDIT INFORMATION TO EVEN CREDIT INFORMATION COMPANY (CIC) OF WHICH IT WAS A MEMBER
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 DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON SUBMISSION OF COMPLIANCE REPORT
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI TO CARRY OUT CONCURRENT AUDIT OF INVESTMENT PORTFOLIO
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON MAKING DONATION DESPITE ACCUMULATED LOSS DURING PREVIOUS YEAR
|
IMPOSED PENALTY RS.1,00,000 FROM 11-JUL-2019
11-JUL-2019
|
|
|
1487
|
|
|
U.P.CIVIL SECRETARIAT PRIMARY CO-OPERATIVE BANK LTD.,THE
|
|
|
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 26-SEP-2018
26-SEP-2018
|
RBI VIDE ITS ORDER DATED 25/03/2019, EXTENDED DIRECTIONS FOR A FURTHER PERIOD OF SIX MONTHS FROM 26/03/2019 TO 26/09/2019
RBI VIDE ITS ORDER DATED 24/09/2019, AGAIN EXTENDED DIRECTIONS FOR A FURTHER PERIOD OF SIX MONTHS FROM 26/09/2019 TO 25/03/2020
RBI VIDE ITS ORDER DATED 19/03/2020, DIRECTED TO CONTINUE DIRECTIONS DATED 19/09/2018 FOR FURTHER SIX MONTHS FROM 26/03/2020 TO 25/09/2020
RBI VIDE ITS ORDER DATED 18/09/2020, DIRECTED TO CONTINUE DIRECTIONS DATED 19/09/2018 FOR FURTHER THREE MONTHS FROM 26/09/2020 TO 25/12/2020
RBI VIDE ITS ORDER DATED 11/12/2020, WITHDRAWN THE DIRECTIONS ISSUED ON 19/09/2018
|
|
1488
|
|
|
U.P.CIVIL SECRETARIAT PRIMARY CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT SUBMIT RETURNS U/S 27 OF THE IBID ACT
DELAYED COMPLIANCE OF DEFICIENCIES AS PER RBI INSPECTION
|
IMPOSED PENALTY RS.5,00,000 FROM 12-SEP-2017
12-SEP-2017
|
|
|
1489
|
|
|
U.P.POSTAL PRIMARY CO-OPERATIVE BANK LTD.
|
|
|
OFFERED INTEREST RATES ON CERTAIN DEPOSITS FOR VARIOUS DURATIONS HIGHER THAN THOSE OFFERED BY SBI IN NON-COMPLIANCE WITH SAF DIRECTIONS
|
IMPOSED PENALTY RS.3,00,000 FROM 23-AUG-2024
23-AUG-2024
|
|
|
1490
|
|
|
U.P.POSTAL PRIMARY CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON SHIFTING OF ITS BRANCH WITHOUT OBTAINING PRIOR APPROVAL OF RBI
|
IMPOSED PENALTY RS.1,00,000 FROM 10-APR-2019
10-APR-2019
|
|
|
1491
|
|
|
U.P.POSTAL PRIMARY 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 FURNISH ANY CREDIT INFORMATION TO EVEN CREDIT INFORMATION COMPANY (CIC) OF WHICH IT WAS A MEMBER
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI TO CARRY OUT CONCURRENT AUDIT OF INVESTMENT PORTFOLIO
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI IN RELATION TO INCOME RECOGNITION, ASSET CLASSIFICATION AND PROVISIONING DIRECTIVES/INSTRUCTIONS/GUIDELINES
DIRECTORS INVOLVED IN DAY-TO-DAY AFFAIRS OF THE BANK
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 01-MAR-2019
01-MAR-2019
|
|
|
1492
|
|
|
UDHNA CITIZEN CO-OPERATIVE BANK LTD.,THE
|
|
|
VIOLATED DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI FOR CONDUCTING BANKING BUSINESS
|
PROHIBITED FROM GRANTING/RENEWING ANY LOANS/ADVANCES FROM 26-APR-2012
PROHIBITED FROM MAKING ANY INVESTMENT FROM 26-APR-2012
PROHIBITED FROM INCURRING ANY LIABILITY INCLUDING BORROWAL OF FUNDS/FRESH DEPOSITS FROM 26-APR-2012
PROHIBITED FROM SELLING/TRANSFERRING ANY PROPERTIES/ASSETS FROM 26-APR-2012
PROHIBITED FROM REPAYING DEPOSITS FROM 26-APR-2012
26-APR-2012
|
|
|
1493
|
|
|
UDUMALPET CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
SANCTIONED LOAN TO A RELATIVE OF ONE OF ITS DIRECTORS
SANCTIONED LOANS TO NOMINAL MEMBERS BEYOND PRESCRIBED REGULATORY LIMIT
|
IMPOSED PENALTY RS.75,000 FROM 06-DEC-2024
06-DEC-2024
|
|
|
1494
|
|
|
UDYAM VIKAS SAHAKARI BANK LTD.
|
|
|
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 15-JUL-2021
15-JUL-2021
|
|
|
1495
|
|
|
UJJAIN NAGARIK 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 22-JUN-2023
22-JUN-2023
|
|
|
1496
|
|
|
UJVAR CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 01-JUN-2004
01-JUN-2004
|
|
|
1497
|
|
|
UMA CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON REQUIREMENTS ON IS AUDIT AND INTERNAL AUDIT COMPLIANCE
|
IMPOSED PENALTY RS.1,00,000 FROM 08-AUG-2025
08-AUG-2025
|
|
|
1498
|
|
|
UMA 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.7,00,000 FROM 04-OCT-2023
04-OCT-2023
|
|
|
1499
|
|
|
UMA 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.1,00,000 FROM 15-SEP-2011
15-SEP-2011
|
|
|
1500
|
|
|
UMRETH PEOPLES CO-OPERATIVE BANK LTD.,THE
|
|
|
CEASED TO BE SOLVENT
|
REJECTION OF APPLICATION FOR BANKING LICENSE FROM 06-MAR-2007
FILED REQUISITION FOR WINDING UP OF BANK WITH REGISTRAR OF CO-OPERATIVE SOCIETIES FROM 06-MAR-2007
06-MAR-2007
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
|
|
|
|
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75
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82
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