|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
161
|
|
BHARAT HEAVY ELECTRICALS EMPLOYEES CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES AND STATUTORY/OTHER RESTRICTIONS
|
IMPOSED PENALTY RS.10,00,000 FROM 22-AUG-2022
22-AUG-2022
|
|
|
162
|
|
|
BHARATH 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
DID NOT REPORT FRAUDS TO RBI
ISSUED INCORRECT COMPLIANCE CERTIFICATE FOR EARLIER INSPECTION REPORT
|
IMPOSED PENALTY RS.5,00,000 FROM 10-AUG-2012
10-AUG-2012
|
|
|
163
|
|
|
BHARATHIYA SAHAKARA BANK NIYAMIT
|
|
|
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 26-NOV-2012
26-NOV-2012
|
|
|
164
|
|
|
BHARATI SAHAKARI BANK LTD.
|
|
|
DELAY IN REPORTING OF FRAUDS TO RBI AND/OR NABARD
|
IMPOSED PENALTY RS.20,00,000 FROM 24-MAY-2024
24-MAY-2024
|
|
|
165
|
|
|
BHARUCH NAGARIK SAHAKARI BANK LTD.,THE
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 22-FEB-2008
22-FEB-2008
|
|
|
166
|
|
|
BHATPARA NAIHATI 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
SANCTIONED GOLD LOANS
|
IMPOSED PENALTY RS.4,00,000 FROM 22-SEP-2022
22-SEP-2022
|
|
|
167
|
|
|
BHAVANA RISHI CO-OPERATIVE URBAN 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 10-OCT-2017
10-OCT-2017
|
|
|
168
|
|
|
BHAVANA RISHI CO-OPERATIVE URBAN BANK LTD.
|
|
|
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 27-APR-2015
27-APR-2015
|
|
|
169
|
|
|
BHAVANI SAHAKARI 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 04-JUL-2025 TO 03-JAN-2026
04-JUL-2025
|
RBI VIDE ITS ORDER DATED 31/12/2025, DIRECTED TO CONTINUE DIRECTIVE DATED 03/07/2025 FOR FURTHER THREE MONTHS FROM 04/01/2026 TO 04/04/2026
RBI VIDE ITS ORDER DATED 01/04/2026, DIRECTED TO CONTINUE DIRECTIVE DATED 03/07/2025 FOR FURTHER THREE MONTHS FROM 04/04/2026 TO 04/07/2026
RBI VIDE ITS ORDER DATED 30/04/2026 AMALGAMATION OF THE BHAVANI SAHAKARI BANK LTD. WITH TJSB SAHAKARI BANK LTD. WITH EFFECT FROM 04/05/2026
|
|
170
|
|
|
BHAVNAGAR MERCANTILE CO-OPERATIVE BANK LTD.
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 10-DEC-2008
10-DEC-2008
|
|
|
171
|
|
|
BHAWANIPATNA CENTRAL CO-OPERATIVE 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 31-MAR-2015
31-MAR-2015
|
|
|
172
|
|
|
BHILAI NAGARIK SAHAKARI BANK MARYADIT
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON TRANSFER OF ELIGIBLE UNCLAIMED DEPOSITS TO DEPOSITOR EDUCATION & AWARENESS FUND WITHIN DUE DATE
|
IMPOSED PENALTY RS.1,25,000 FROM 03-MAY-2023
03-MAY-2023
|
|
|
173
|
|
|
BHILAI NAGRIK SAHAKARI BANK MARYADIT
|
|
|
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.50,000 FROM 08-JAN-2024
08-JAN-2024
|
|
|
174
|
|
|
BHILAI NAGRIK SAHAKARI BANK MARYADIT
|
|
|
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.1,50,000 FROM 04-FEB-2020
04-FEB-2020
|
|
|
175
|
|
|
BHILWARA MAHILA 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 23-AUG-2018
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 23-AUG-2018
PROHIBITED FROM CARRYING ON 'BANKING BUSINESS' INCLUDING ACCEPTANCE AND REPAYMENT OF DEPOSIT FROM 23-AUG-2018
23-AUG-2018
|
|
|
176
|
|
|
BHILWARA MAHILA URBAN CO-OPERATIVE 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 09-MAR-2017
09-MAR-2017
|
RBI VIDE ITS ORDER DATED 01/03/2018, AGAIN EXTENDED DIRECTIONS FOR A FURTHER PERIOD OF FOUR MONTH FROM 10/03/2018 TO 09/07/2018
RBI VIDE ITS ORDER DATED 01/09/2017, EXTENDED DIRECTIONS FOR A FURTHER PERIOD OF SIX MONTH FROM 10/09/2017 TO 09/03/2018
RBI VIDE ITS ORDER DATED 06/07/2018, AGAIN EXTENDED DIRECTIONS FOR A FURTHER PERIOD OF THREE MONTHS FROM 10/07/2018 TO 09/10/2018
|
|
177
|
|
|
BHIMASHANKAR NAGARI SAHAKARI BANK LTD.
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 25-APR-2012
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 25-APR-2012
25-APR-2012
|
|
|
178
|
|
|
BHOPAL NAGRIK SAHAKARI 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
DID NOT TAKE POSITIVE STEPS FOR CAPITAL AUGMENTATION AND FINANCIAL RESTRUCTURING
|
CANCELLED BANKING LICENSE FROM 22-JAN-2018
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 22-JAN-2018
PROHIBITED FROM CARRYING ON 'BANKING BUSINESS' INCLUDING ACCEPTANCE AND REPAYMENT OF DEPOSIT FROM 22-JAN-2018
22-JAN-2018
|
|
|
179
|
|
|
BHOPAL NAGRIK SAHAKARI 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 31-OCT-2012
31-OCT-2012
|
RBI VIDE ITS ORDER DATED 30/10/2015, AGAIN EXTENDED PERIOD OF DIRECTIONS FOR A FURTHER PERIOD OF SIX MONTHS FROM 01/11/2015 TO 30/04/2016
RBI VIDE ITS ORDER DATED 31/10/2014, EXTENDED DIRECTIONS FOR A PERIOD OF SIX MONTHS FROM 01/11/2014 TO 30/04/2015, AGAIN EXTENDED PERIOD OF DIRECTIONS FOR A FURTHER PERIOD OF SIX MONTHS FROM 01/05/2015 TO 31/10/2015
RBI VIDE ITS ORDER DATED 06/06/2016, AGAIN EXTENDED PERIOD OF DIRECTIONS FOR A FURTHER PERIOD OF SIX MONTHS FROM 01/05/2016 TO 31/10/2016
RBI VIDE ITS ORDER DATED 22/03/2016 MODIFIED ITS DIRECTIONS DATED 29/10/2012 AS - A SUM NOT EXCEEDING RS.5,00,000/- (RUPEES FIFTY THOUSAND ONLY) IN EVERY SAVINGS BANK ACCOUNT OR CURRENT ACCOUNT OR TERM DEPOSIT ACCOUNT OR ANY OTHER DEPOSIT ACCOUNT BY WHATEVER NAME CALLED 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 DEPOSITS, THE AMOUNT MAY BE ADJUSTED FIRST TO THE RELEVANT BORROWAL ACCOUNT/S
RBI VIDE ITS ORDER DATED 25/07/2017, AGAIN EXTENDED PERIOD OF DIRECTIONS FOR A FURTHER PERIOD OF SIX MONTHS FROM 01/08/2017 TO 31/01/2018
|
|
180
|
|
|
BHUJ COMMERCIAL CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT CATEGORIZE CUSTOMERS AS LOW, MEDIUM OR HIGH RISK CATEGORY
ACCEPTED INTEREST-FREE DEPOSITS ACCOUNTS OTHER THAN CURRENT ACCOUNT
|
IMPOSED PENALTY RS.1,50,000 FROM 08-DEC-2023
08-DEC-2023
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
|
|
|
|
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9
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82
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