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S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
1
|
|
ACHALPUR URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 04-NOV-2008
04-NOV-2008
|
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|
2
|
|
|
ADOOR CO-OPERATIVE URBAN BANK LTD.THE
|
|
|
DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1949
|
CANCELLED BANKING LICENSE FROM 25-APR-2023
25-APR-2023
|
|
|
3
|
|
|
AGRASEN CO-OPERATIVE URBAN BANK LTD.,THE
|
|
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DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI IN RELATION TO INCOME RECOGNITION, ASSET CLASSIFICATION AND PROVISIONING DIRECTIVES/INSTRUCTIONS/GUIDELINES
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES AND STATUTORY/OTHER RESTRICTIONS
|
IMPOSED PENALTY RS.12,00,000 FROM 04-MAR-2022
04-MAR-2022
|
|
|
4
|
|
|
AHILYADEVI MAHILA URBAN CO-OPERATIVE BANK LTD.
|
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DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 01-FEB-2000
01-FEB-2000
|
|
|
5
|
|
|
AJANTHA URBAN CO-OPERATIVE BANK MARYADIT
|
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|
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 28-AUG-2023 TO 28-FEB-2024
28-AUG-2023
|
RBI VIDE ITS ORDER DATED 29/02/2024, DIRECTED TO CONTINUE DIRECTIVE DATED 28/08/2023 FOR FURTHER THREE MONTHS FROM 29/02/2024 TO 29/05/2024
RBI VIDE ITS ORDER DATED 27/05/2024, DIRECTED TO CONTINUE DIRECTIVE DATED 28/08/2023 FOR FURTHER THREE MONTHS FROM 30/05/2024 TO 29/08/2024
RBI VIDE ITS ORDER DATED 28/08/2024, DIRECTED TO CONTINUE DIRECTIVE DATED 28/08/2023 FOR FURTHER THREE MONTHS FROM 28/08/2024 TO 29/11/2024
RBI VIDE ITS ORDER DATED 27/11/2024, DIRECTED TO CONTINUE DIRECTIVE DATED 28/08/2023 FOR FURTHER THREE MONTHS FROM 30/11/2024 TO 28/02/2025
RBI VIDE ITS ORDER DATED 25/02/2025, DIRECTED TO CONTINUE DIRECTIVE DATED 28/08/2023 FOR FURTHER THREE MONTHS FROM 01/03/2025 TO 28/05/2025
|
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6
|
|
|
AJARA URBAN CO-OPERATIVE BANK LTD.,THE
|
|
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DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON MAINTENANCE OF DEPOSIT ACCOUNTS
|
IMPOSED PENALTY RS.2,00,000 FROM 23-JUN-2021
23-JUN-2021
|
|
|
7
|
|
|
AKOLA URBAN CO-OPERATIVE BANK LTD.,THE
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DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI IN RELATION TO INCOME RECOGNITION, ASSET CLASSIFICATION AND PROVISIONING DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
IMPOSED PENALTY RS.15,00,000 FROM 10-AUG-2022
10-AUG-2022
|
|
|
8
|
|
|
AKOT URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 20-JUN-2009
20-JUN-2009
|
|
|
9
|
|
|
ALIBAG CO-OPERATIVE URBAN BANK LTD.
|
|
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SANCTIONED LOANS ON BULLET REPAYMENT BASIS AGAINST GOLD/SILVER ORNAMENTS BEYOND PRESCRIBED CEILING LIMIT
|
IMPOSED PENALTY RS.2,00,000 FROM 24-JUL-2024
24-JUL-2024
|
|
|
10
|
|
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ALIBAG CO-OPERATIVE URBAN BANK LTD.
|
|
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DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES AND STATUTORY/OTHER RESTRICTIONS
|
IMPOSED PENALTY RS.5,00,000 FROM 28-JUL-2021
28-JUL-2021
|
|
|
11
|
|
|
ANAND URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 27-MAR-2007
27-MAR-2007
|
|
|
12
|
|
|
ANDARSUL URBAN CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON BOARD OF DIRECTORS OF URBAN CO-OPERATIVE BANKS (UCBS)
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES AND STATUTORY/OTHER RESTRICTIONS
|
IMPOSED PENALTY RS.1,50,000 FROM 06-APR-2022
06-APR-2022
|
|
|
13
|
|
|
ANDHRA PRADESH MAHESH CO-OPERATIVE URBAN BANK LTD.
|
|
|
DELAY IN REPORTING CYBER SECURITY INCIDENT
|
IMPOSED PENALTY RS.65,00,000 FROM 12-JUN-2023
12-JUN-2023
|
|
|
14
|
|
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ANDHRA PRADESH MAHESH CO-OPERATIVE URBAN BANK LTD.
|
|
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DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON INTEREST RATE ON DEPOSITS
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.1,12,50,000 FROM 28-JUN-2021
28-JUN-2021
|
|
|
15
|
|
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ANKOLA URBAN CO-OPERATIVE BANK LTD.,THE
|
|
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VIOLATED DIRECTIVES/INSTRUCTIONS/GUIDELINES BY SANCTIONING FRESH LOANS & ADVANCES
|
IMPOSED PENALTY RS.2,00,000 FROM 13-APR-2011
13-APR-2011
|
|
|
16
|
|
|
ANNASAHEB PATIL URBAN CO-OPERATIVE BANK LTD.
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 09-MAR-2010
09-MAR-2010
|
|
|
17
|
|
|
ARCOT CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
DELAY IN UPLOADING KNOW YOUR CLIENTS (KYC) RECORDS OF CERTAIN CUSTOMERS’ ACCOUNTS ON CENTRAL KNOW YOUR CLIENTS (KYC) RECORDS REGISTRY
|
IMPOSED PENALTY RS.25,000 FROM 03-JAN-2025
03-JAN-2025
|
|
|
18
|
|
|
ARJUN URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
CEASED TO BE SOLVENT
|
CANCELLED BANKING LICENSE FROM 21-MAY-2013
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 21-MAY-2013
21-MAY-2013
|
|
|
19
|
|
|
ARJUN URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
VIOLATED SUB-SECTION (1) OF SECTION 35A OF BANKING REGULATION ACT, 1949
|
RESTRAINED FROM GRANTING OR RENEWING ANY LOAN /ADVANCES, MAKE INVESTMENT, INCUR LIABILITIES, BORROW, DEAL IN PROPERTIES ETC. WITHOUT APPROVAL OF RBI IN WRITING FROM 07-AUG-2012
07-AUG-2012
|
|
|
20
|
|
|
ARMOOR CO-OPERATIVE URBAN BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE FROM 09-SEP-2002
09-SEP-2002
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
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