|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
21
|
|
AJMER CENTRAL 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
|
IMPOSED PENALTY RS.5,00,000 FROM 31-MAR-2015
31-MAR-2015
|
|
|
22
|
|
|
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 FROM 26-MAR-2021
26-MAR-2021
|
|
|
23
|
|
|
AKOLA DIST.CENTRAL 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.2,00,000 FROM 03-SEP-2021
03-SEP-2021
|
|
|
24
|
|
|
AKOLA JANATA COMMERCIAL CO-OPERATIVE 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
DELAY IN SETTLING THE CLAIMS IN RESPECT OF CERTAIN DECEASED DEPOSITORS AND RELEASE PAYMENTS TO SURVIVOR(S)/ NOMINEE(S)
|
IMPOSED PENALTY RS.15,40,000 FROM 31-DEC-2024
31-DEC-2024
|
|
|
25
|
|
|
ALAVI 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
|
IMPOSED PENALTY RS.50,000 FROM 13-JAN-2021
13-JAN-2021
|
|
|
26
|
|
|
ALAVI 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
|
IMPOSED PENALTY RS.5,00,000 FROM 30-SEP-2011
30-SEP-2011
|
|
|
27
|
|
|
ALIGARH ZILA SAHKARI BANK LTD.
|
|
|
EXTENDED LOANS TO ITS DIRECTORS AND/OR RELATIVE OF THE DIRECTORS
|
IMPOSED PENALTY RS.2,00,000 FROM 22-MAR-2023
22-MAR-2023
|
|
|
28
|
|
|
ALMORA URBAN 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
|
IMPOSED PENALTY RS.2,00,000 FROM 05-MAR-2014
05-MAR-2014
|
|
|
29
|
|
|
AMAN SAHAKARI BANK LTD.
|
|
|
DID NOT ADHERE TO CERTAIN DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI UNDER SUPERVISORY ACTION FRAMEWARK
|
IMPOSED PENALTY RS.3,00,000 FROM 18-JUN-2021
18-JUN-2021
|
|
|
30
|
|
|
AMBARNATH JAIHIND CO-OPERATIVE BANK LTD.
|
|
|
COLLECTED FIX PENALTY FOR SHORTFALL IN MAINTENANCE OF MINIMUM BALANCE IN SAVING BANK ACCOUNTS WITHOUT GIVING ONE MONTH NOTICE TO CUSTOMERS REGARDING MINIMUM BALANCE REQUIREMENT
LEVIED PENAL CHARGES FOR NON-MAINTENANCE OF MINIMUM BALANCES IN DORMANT/INOPERATIVE SAVING BANK ACCOUNTS AND/OR CURRENT DEPOSIT ACCOUNTS
COLLECTED CHARGES FOR ACTIVATION OF INOPERATIVE ACCOUNTS
|
IMPOSED PENALTY RS.3,00,000 FROM 01-APR-2024
01-APR-2024
|
|
|
31
|
|
|
AMBARNATH JAIHIND CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON CARRYING OUT PERIODIC REVIEW OF RISK CATEGORISATION OF CUSTOMERS AND/OR ACCOUNTS
|
IMPOSED PENALTY RS.2,00,000 FROM 26-APR-2023
26-APR-2023
|
|
|
32
|
|
|
AMOD NAGRIC CO-OPERATIVE BANK LTD.,THE
|
|
|
SANCTIONED LOAN TO A RELATIVE OF ONE OF ITS DIRECTORS
SANCTIONED CREDIT FACILITIES TO INDIVIDUALS WHERE RELATIVES OF ITS DIRECTORS STOOD AS GUARANTORS
DELAY IN UPLOADING KNOW YOUR CLIENTS (KYC) RECORDS OF CERTAIN CUSTOMERS’ ACCOUNTS ON CENTRAL KNOW YOUR CLIENTS (KYC) RECORDS REGISTRY
|
IMPOSED PENALTY RS.1,00,000 FROM 13-NOV-2024
13-NOV-2024
|
|
|
33
|
|
|
AMRAVATI MERCHANT'S CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON CLASSIFICATION AND REPORTING OF FRAUDS
|
IMPOSED PENALTY RS.50,000 FROM 11-MAR-2022
11-MAR-2022
|
|
|
34
|
|
|
AMRAVATI ZILLA MAHILA SAHAKARI BANK LTD.,THE
|
|
|
VIOLATED DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON DIVERSION OF FUNDS
|
IMPOSED PENALTY RS.5,00,000 FROM 20-FEB-2014
20-FEB-2014
|
|
|
35
|
|
|
AMRELI NAGRIK SAHAKARI BANK LTD.
|
|
|
VIOLATED VARIOUS DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON ISSUANCE OF AT PAR CHEQUES/PAY ORDERS AGAINST RECEIPT OF CASH
|
IMPOSED PENALTY RS.5,00,000 FROM 19-MAR-2014
19-MAR-2014
|
|
|
36
|
|
|
AMRELI NAGRIK SAHAKARI BANK LTD.
|
|
|
DID NOT ADHERE TO ANTI MONEY LAUNDERING (AML) DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
IMPOSED PENALTY RS.1,00,000 FROM 22-FEB-2011
22-FEB-2011
|
|
|
37
|
|
|
ANAND MERCANTILE CO-OPERATIVE BANK LTD.,THE
|
|
|
OUTSOURCED ONE OF ITS CORE MANAGEMENT FUNCTIONS (INTERNAL AUDIT TO EXTERNAL AUDITOR)
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON CARRYING OUT PERIODIC REVIEW OF RISK CATEGORISATION OF CUSTOMERS AND/OR ACCOUNTS
|
IMPOSED PENALTY RS.2,00,000 FROM 21-AUG-2025
21-AUG-2025
|
|
|
38
|
|
|
ANANDESHWARI NAGRIK SAHKARI BANK MARYADIT
|
|
|
DID NOT DO RISK CATEGORISATION OF ITS CUSTOMERS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON CARRYING OUT PERIODIC REVIEW OF RISK CATEGORISATION OF CUSTOMERS AND/OR ACCOUNTS
|
IMPOSED PENALTY RS.50,000 FROM 14-NOV-2024
14-NOV-2024
|
|
|
39
|
|
|
ANANTAPUR CO-OPERATIVE TOWN BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON LOANS AND/OR ADVANCES TO DIRECTORS AND THEIR RELATIVES
|
IMPOSED PENALTY RS.50,000 FROM 12-OCT-2017
12-OCT-2017
|
|
|
40
|
|
|
ANANTHAPURAMU CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES AND STATUTORY/OTHER RESTRICTIONS
|
IMPOSED PENALTY RS.50,000 FROM 05-OCT-2018
05-OCT-2018
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
|
|
|
|
|
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