|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
61
|
|
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
|
|
|
62
|
|
|
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
|
|
|
63
|
|
|
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
|
|
|
64
|
|
|
JAMKHED MERCHANTS 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.5,00,000 FROM 24-NOV-2006
24-NOV-2006
|
|
|
65
|
|
|
JAMSHEDPUR URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO INSTRUCTIONS OF RBI ON SUPERVISORY ACTION FRAMEWORK (SAF)
|
IMPOSED PENALTY RS.1,00,000 FROM 10-NOV-2022
10-NOV-2022
|
|
|
66
|
|
|
JANATA URBAN CO-OP.BANK LTD.
|
|
|
DELAY IN REPORTING OF FRAUDS TO RBI AND/OR NABARD
|
IMPOSED PENALTY RS.1,00,000 FROM 15-SEP-2023
15-SEP-2023
|
|
|
67
|
|
|
JAWHAR URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO “KNOW YOUR CUSTOMER” DIRECTIVES/INSTRUCTIONS/GUIDELINES IN OPENING AND/OR OPERATING THE ACCOUNTS
|
IMPOSED PENALTY RS.1,00,000 FROM 15-SEP-2023
15-SEP-2023
|
|
|
68
|
|
|
JEYPORE CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON PRUDENTIAL INTER-BANK (GROSS) EXPOSURE LIMITS AND/OR INTER-BANK COUNTER PARTY EXPOSURE LIMITS
|
IMPOSED PENALTY RS.2,00,000 FROM 03-FEB-2026
03-FEB-2026
|
|
|
69
|
|
|
JOLARPET CO-OPERATIVE URBAN 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
|
IMPOSED PENALTY RS.50,000 FROM 12-OCT-2023
12-OCT-2023
|
|
|
70
|
|
|
KALLIDAIKURICHI CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
ALLOWED REFUND OF SHARE CAPITAL TO ITS MEMBERS, DESPITE ITS CRAR (CAPITAL TO RISK (WEIGHTED) ASSETS RATIO) BEING LESS THAN REGULATORY MINIMUM
|
IMPOSED PENALTY RS.50,000 FROM 27-NOV-2025
27-NOV-2025
|
|
|
71
|
|
|
KAMUTHI CO-OPERATIVE URBAN BANK LTD.
|
|
|
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 22-OCT-2025
22-OCT-2025
|
|
|
72
|
|
|
KARAD URBAN CO-OPERATIVE BANK LTD.
|
|
|
VIOLATED DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI
|
IMPOSED PENALTY RS.5,00,000 FROM 16-JUL-2012
16-JUL-2012
|
|
|
73
|
|
|
KARIMNAGAR CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
DID NOT DEPOSIT PRESCRIBED AMOUNT TO MSE REFINANCE FUND MAINTAIN WITH SIDBI AGAINST SHORTFALL IN ACHIEVEMENT OF PSL TARGET FOR FY 2022-23 WITHIN PRESCRIBED TIME EVEN AFTER ISSUANCE OF CAUTIONARY LETTER
|
IMPOSED PENALTY RS.3,10,000 FROM 18-MAR-2025
18-MAR-2025
|
|
|
74
|
|
|
KEDARNATH URBAN CO-OPERATIVE BANK LTD.
|
|
|
DELAY IN UPLOADING KNOW YOUR CLIENTS (KYC) RECORDS OF CERTAIN CUSTOMERS’ ACCOUNTS ON CENTRAL KNOW YOUR CLIENTS (KYC) RECORDS REGISTRY
OFFERED INTEREST RATES ON CERTAIN DEPOSITS FOR VARIOUS DURATIONS HIGHER THAN THOSE OFFERED BY SBI IN NON-COMPLIANCE WITH SAF DIRECTIONS
|
IMPOSED PENALTY RS.40,000 FROM 03-AUG-2026
03-AUG-2026
|
|
|
75
|
|
|
KENDRAPARA URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT SUBMIT CORRECT CERTIFICATE OF TRANSFER TO DEPOSITOR EDUCATION & AWARENESS FUND
|
IMPOSED PENALTY RS.50,000 FROM 10-NOV-2022
10-NOV-2022
|
|
|
76
|
|
|
KENDRAPARA URBAN 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.1,00,000 FROM 23-AUG-2022
23-AUG-2022
|
|
|
77
|
|
|
KOLHAPUR URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
VIOLATED RBI’S DIRECTIVES ON LOANS TO DIRECTORS
|
IMPOSED PENALTY RS.2,00,000 FROM 30-SEP-2024
30-SEP-2024
|
|
|
78
|
|
|
KOLHAPUR URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT CONDUCT ANNUAL REVIEW OF INOPERATIVE AND/OR DORMANT ACCOUNTS
|
IMPOSED PENALTY RS.1,00,000 FROM 17-AUG-2023
17-AUG-2023
|
|
|
79
|
|
|
KONARK URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
COLLECTED FIX PENALTY FOR SHORTFALL IN MAINTENANCE OF MINIMUM BALANCE IN SAVING BANK ACCOUNTS INSTEAD OF PROPORTIONATE TO THE EXTENT OF SHORTFALL
|
IMPOSED PENALTY RS.1,00,000 FROM 20-NOV-2023
20-NOV-2023
|
|
|
80
|
|
|
KOTTARAKARA CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
SANCTIONED/ RENEWED CREDIT FACILITIES TO SECTORS HAVING HIGH LEVEL OF NON-PERFORMING ASSETS (NPAS)/ DEFAULTS
|
IMPOSED PENALTY RS.50,000 FROM 07-OCT-2024
07-OCT-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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