|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
41
|
|
DR.BABASAHEB AMBEDKAR URBAN CO-OPERATIVE BANK LTD.
|
|
|
VIOLATED RBI’S DIRECTIVES ON LOANS TO DIRECTORS
DID NOT REDUCE SINGLE BORROWER EXPOSURE LIMIT FOR FRESH LOANS AND ADVANCES BY 50% OF APPLICABLE REGULATORY LIMIT
|
IMPOSED PENALTY RS.1,50,000 FROM 08-JUL-2025
08-JUL-2025
|
|
|
42
|
|
|
DR.BABASAHEB AMBEDKAR 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.2,00,000 FROM 10-AUG-2021
10-AUG-2021
|
|
|
43
|
|
|
DR.JAIPRAKASH MUNDADA URBAN CO-OPERATIVE BANK LTD.
|
|
|
SANCTIONED LOANS ON BULLET REPAYMENT BASIS AGAINST GOLD/SILVER ORNAMENTS BEYOND PRESCRIBED CEILING LIMIT
SANCTIONED LOANS TO NOMINAL MEMBERS BEYOND PRESCRIBED REGULATORY LIMIT
|
IMPOSED PENALTY RS.1,00,000 FROM 04-APR-2024
04-APR-2024
|
|
|
44
|
|
|
DR.PANJABRAO DESHMUKH URBAN CO-OPERATIVE BANK LTD.
|
|
|
VIOLATED SINGLE COUNTERPARTY EXPOSURE LIMIT FOR NON-SLR INVESTMENTS
LEVIED CHARGES HIGHER THAN PRESCRIBED REGULATORY CEILING ON CERTAIN NEFT TRANSACTIONS
|
IMPOSED PENALTY RS.1,09,000 FROM 02-APR-2026
02-APR-2026
|
|
|
45
|
|
|
GADHINGLAJ URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON TRANSFER OF ELIGIBLE FUNDS TO DEPOSITOR EDUCATION AND AWARENESS FUND
ALLOTTED MULTIPLE CUSTOMER IDENTIFICATION CODES TO SAME CUSTOMERS
|
IMPOSED PENALTY RS.3,00,000 FROM 14-SEP-2023
14-SEP-2023
|
|
|
46
|
|
|
GADHINGLAJ URBAN 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 ADHERE TO INSTRUCTIONS OF RBI ON SUPERVISORY ACTION FRAMEWORK (SAF)
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES AND STATUTORY/OTHER RESTRICTIONS
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.10,00,000 FROM 09-AUG-2021
09-AUG-2021
|
|
|
47
|
|
|
GAUHATI CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
DID NOT UPLOAD CUSTOMER’S KNOW YOUR CLIENTS (KYC) RECORDS ON CKYCR WITHIN TEN DAYS OF COMMENCEMENT OF ACCOUNT-BASED RELATIONSHIP WITH CUSTOMERS
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
DID NOT UPLOAD CREDIT INFORMATION TO CREDIT INFORMATION COMPANIES (CICS)
|
IMPOSED PENALTY RS.80,000 FROM 11-NOV-2024
11-NOV-2024
|
|
|
48
|
|
|
GAUHATI CO-OPERATIVE URBAN 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.50,000 FROM 28-JUL-2022
28-JUL-2022
|
|
|
49
|
|
|
GAYATRI CO-OPERATIVE URBAN BANK LTD.
|
|
|
SOLD INSURANCE PRODUCTS TO ITS CUSTOMERS WITHOUT ADEQUATE DISCLOSURE AND TRANSPARENCY
|
IMPOSED PENALTY RS.10,00,000 FROM 23-SEP-2025
23-SEP-2025
|
|
|
50
|
|
|
GAYATRI CO-OPERATIVE URBAN BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES AND STATUTORY/OTHER RESTRICTIONS
|
IMPOSED PENALTY RS.1,00,000 FROM 04-JAN-2022
04-JAN-2022
|
|
|
51
|
|
|
GUNTUR WOMEN CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
DID NOT UPLOAD KNOW YOUR CLIENTS (KYC) RECORDS OF CERTAIN CUSTOMERS’ ACCOUNTS ON CENTRAL KNOW YOUR CLIENTS (KYC) RECORDS REGISTRY
|
IMPOSED PENALTY RS.50,000 FROM 23-FEB-2026
23-FEB-2026
|
|
|
52
|
|
|
HALOL URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
SANCTIONED LOAN TO A RELATIVE OF ONE OF ITS DIRECTORS
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 INTEREST ON MATURED TERM DEPOSITS FROM THE DATE OF MATURITY TILL DATE OF REPAYMENT AT THE APPLICABLE RATE
|
IMPOSED PENALTY RS.2,00,000 FROM 14-DEC-2023
14-DEC-2023
|
|
|
53
|
|
|
HANAMASAGAR URBAN CO-OPERATIVE BANK LTD.
|
|
|
DELAY IN REPORTING OF FRAUDS TO RBI AND/OR NABARD
|
IMPOSED PENALTY RS.50,000 FROM 14-FEB-2024
14-FEB-2024
|
|
|
54
|
|
|
HINDUSTHAN CO-OPERATIVE BANK LTD.,THE
|
|
|
SANCTIONED LOANS TO NOMINAL MEMBERS BEYOND PRESCRIBED REGULATORY LIMIT
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON BREACH OF PRESCRIBED INDIVIDUAL BORROWER EXPOSURE LIMIT
ALLOTTED MULTIPLE CUSTOMER IDENTIFICATION CODES TO SAME CUSTOMERS
|
IMPOSED PENALTY RS.4,00,000 FROM 24-JUL-2024
24-JUL-2024
|
|
|
55
|
|
|
INDAPUR URBAN 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
COLLECTED FIX PENALTY FOR SHORTFALL IN MAINTENANCE OF MINIMUM BALANCE IN SAVING BANK ACCOUNTS INSTEAD OF PROPORTIONATE TO THE EXTENT OF SHORTFALL
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ON CLASSIFY CERTAIN LOANS AND/OR CREDIT FACILITIES AS NON-PERFORMING ASSETS IN ACCORDANCE WITH IRAC NORMS
|
IMPOSED PENALTY RS.5,00,000 FROM 17-NOV-2023
17-NOV-2023
|
|
|
56
|
|
|
INDAPUR URBAN 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.7,00,000 FROM 04-AUG-2022
04-AUG-2022
|
|
|
57
|
|
|
INDAPUR URBAN CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES AND STATUTORY/OTHER RESTRICTIONS
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.10,00,000 FROM 21-JUN-2021
21-JUN-2021
|
|
|
58
|
|
|
INNESPETA CO-OPERATIVE URBAN BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON BOARD OF DIRECTORS OF URBAN CO-OPERATIVE BANKS (UCBS)
|
IMPOSED PENALTY RS.1,00,000 FROM 29-JUL-2021
29-JUL-2021
|
|
|
59
|
|
|
ISLAMPUR URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON TRANSFER OF ELIGIBLE FUNDS TO DEPOSITOR EDUCATION AND AWARENESS FUND
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
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON MAINTENANCE OF DEPOSIT ACCOUNTS
|
IMPOSED PENALTY RS.2,00,000 FROM 03-AUG-2023
03-AUG-2023
|
|
|
60
|
|
|
JAIHIND URBAN CO-OPERATIVE BANK LTD.
|
|
|
DID NOT CONDUCT ANNUAL REVIEW OF INOPERATIVE AND/OR DORMANT ACCOUNTS
|
IMPOSED PENALTY RS.50,000 FROM 26-SEP-2024
26-SEP-2024
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
|
|
|
|
|
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