|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
1
|
|
AKHAND ANAND CO-OPERATIVE 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
DEFAULT IN MAINTENANCE OF STATUTORY LIQUIDITY RATIO (SLR)
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON DECLARATION OF DIVIDEND
|
IMPOSED PENALTY RS.2,00,000
26-MAR-2021
|
|
|
2
|
|
|
BECHRAJI NAGARIK SAHAKARI BANK LTD.,THE
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
|
IMPOSED PENALTY RS.50,000
12-DEC-2022
|
|
|
3
|
|
|
BODELI URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON LOANS & ADVANCES TO DIRECTORS ETC AS SURETY/GUARANTORS CLASSIFICATION OF UCBS
|
IMPOSED PENALTY RS.2,25,000
16-DEC-2022
|
|
|
4
|
|
|
GUJARAT MERCANTILE 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
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
|
IMPOSED PENALTY RS.4,50,000
18-SEP-2023
|
|
|
5
|
|
|
GUJARAT MERCANTILE CO-OPERATIVE BANK LTD.
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
|
IMPOSED PENALTY RS.1,00,000
12-DEC-2022
|
|
|
6
|
|
|
GUJARAT RAJYA KARMACHARI CO-OPERATIVE BANK LTD.,THE
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
DID NOT SUBMIT CORRECT CERTIFICATE OF TRANSFER TO DEPOSITOR EDUCATION & AWARENESS FUND
|
IMPOSED PENALTY RS.3,00,000
15-DEC-2022
|
|
|
7
|
|
|
HALOL MERCANTILE CO-OPERATIVE BANK LTD.,THE
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
|
IMPOSED PENALTY RS.2,00,000
16-DEC-2022
|
|
|
8
|
|
|
HALOL URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
|
IMPOSED PENALTY RS.2,00,000
12-DEC-2022
|
|
|
9
|
|
|
HARIJ NAGRIK SAHAKARI BANK LTD.,THE
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
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 PAY ELIGIBLE INTEREST AT THE TIME OF REPAYMENT ON MATURED UNPAID TERM DEPOSITS FOR THE PERIOD THEY REMAINED UNCLAIMED WITH BANK
|
IMPOSED PENALTY RS.3,00,000
22-AUG-2023
|
|
|
10
|
|
|
HARIJ NAGRIK SAHAKARI BANK LTD.,THE
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
|
IMPOSED PENALTY RS.1,00,000
12-DEC-2022
|
|
|
11
|
|
|
JANATA CO-OPERATIVE BANK LTD.,THE
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
|
IMPOSED PENALTY RS.3,00,000
16-DEC-2022
|
|
|
12
|
|
|
KARJAN NAGARIK SAHAKARI BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON TRANSFER OF ELIGIBLE UNCLAIMED FUNDS TO DEPOSITOR EDUCATION AND AWARENESS FUND WITHIN PRESCRIBED PERIOD
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
DID NOT SUBMIT DATA TO ANY OF THE FOUR CREDIT INFORMATION COMPANIES (AT MONTHLY AND/OR SHORTLY INTERVALS)
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 ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON CARRYING OUT PERIODIC UPDATION OF KYC (KNOW YOUR CLIENTS) OF CERTAIN CUSTOMERS WITHIN PRESCRIBED PERIODICITY
|
IMPOSED PENALTY RS.2,10,000
15-NOV-2024
|
|
|
13
|
|
|
LAKHWAD NAGARIK SAHAKARI BANK LTD.,THE
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
|
IMPOSED PENALTY RS.1,00,000
12-DEC-2022
|
|
|
14
|
|
|
NAGARIK SAHAKARI BANK LTD.
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
|
IMPOSED PENALTY RS.1,00,000
12-DEC-2022
|
|
|
15
|
|
|
PATAN NAGARIK SAHAKARI BANK LTD.
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
|
IMPOSED PENALTY RS.1,50,000
09-DEC-2022
|
|
|
16
|
|
|
SARASPUR NAGRIK CO-OPERATIVE BANK LTD.
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
|
IMPOSED PENALTY RS.2,00,000
16-DEC-2022
|
|
|
17
|
|
|
SARDARGANJ MERCANTILE CO-OPERATIVE BANK LTD.
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
DID NOT ADHERE TO INSTRUCTIONS OF RBI ON SUPERVISORY ACTION FRAMEWORK (SAF)
|
IMPOSED PENALTY RS.3,00,000
15-DEC-2022
|
|
|
18
|
|
|
SHREE MAHALAXMI MERCANTILE CO-OPERATIVE BANK LTD.
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
|
IMPOSED PENALTY RS.50,000
12-DEC-2022
|
|
|
19
|
|
|
SHREE VARDHAMAN SAHAKARI BANK LTD.
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
|
IMPOSED PENALTY RS.2,00,000
12-DEC-2022
|
|
|
20
|
|
|
SHRI MAHILA SEWA SAHAKARI BANK LTD.
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON LOANS AND/OR ADVANCES TO DIRECTORS AND THEIR RELATIVES
DECLARED DIVIDEND WITHOUT OBTAINING PRIOR PERMISSION FROM RBI
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON TRANSFER OF BALANCES LYING IN CERTAIN ACCOUNTS REMAINING UNCLAIMED FOR MORE THAN TEN YEARS
|
IMPOSED PENALTY RS.5,00,000
21-DEC-2022
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
|
|
|
|
|
Page
1
of
2
|
