|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
1161
|
|
TUMKUR GRAIN MERCHANTS 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
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ON COMBATING OF FINANCING OF TERRORISM (CFT)/OBLIGATIONS OF BANKS UNDER PREVENTION OF MONEY LAUNDERING ACT (PMLA), 2002
|
IMPOSED PENALTY RS.5,00,000 FROM 04-MAY-2018
04-MAY-2018
|
|
|
1162
|
|
|
TUMKUR VEERASHAIVA CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXTENSION OF FRESH LOANS AND ADVANCES CARRYING RISK WEIGHTS OF 100% AND ABOVE
DID NOT CURTAIL ITS EXPOSURE TO SECTOR WHERE LEVEL OF NPAS WERE HIGH
DID NOT CURTAIL OPERATING / ADMINISTRATIVE EXPENSES
|
IMPOSED PENALTY RS.50,000 FROM 25-MAR-2025
25-MAR-2025
|
|
|
1163
|
|
|
TUMKUR VEERASHAIVA 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
DID NOT ADHERE TO ANTI MONEY LAUNDERING (AML) DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
IMPOSED PENALTY RS.10,00,000 FROM 19-OCT-2016
19-OCT-2016
|
|
|
1164
|
|
|
TURA URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
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-2020
10-AUG-2020
|
|
|
1165
|
|
|
U.P.CIVIL SECRETARIAT PRIMARY CO-OPERATIVE 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
DID NOT FURNISH ANY CREDIT INFORMATION TO EVEN CREDIT INFORMATION COMPANY (CIC) OF WHICH IT WAS A MEMBER
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 DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON SUBMISSION OF COMPLIANCE REPORT
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI TO CARRY OUT CONCURRENT AUDIT OF INVESTMENT PORTFOLIO
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON MAKING DONATION DESPITE ACCUMULATED LOSS DURING PREVIOUS YEAR
|
IMPOSED PENALTY RS.1,00,000 FROM 11-JUL-2019
11-JUL-2019
|
|
|
1166
|
|
|
U.P.CIVIL SECRETARIAT PRIMARY CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT SUBMIT RETURNS U/S 27 OF THE IBID ACT
DELAYED COMPLIANCE OF DEFICIENCIES AS PER RBI INSPECTION
|
IMPOSED PENALTY RS.5,00,000 FROM 12-SEP-2017
12-SEP-2017
|
|
|
1167
|
|
|
U.P.POSTAL PRIMARY CO-OPERATIVE BANK LTD.
|
|
|
OFFERED INTEREST RATES ON CERTAIN DEPOSITS FOR VARIOUS DURATIONS HIGHER THAN THOSE OFFERED BY SBI IN NON-COMPLIANCE WITH SAF DIRECTIONS
|
IMPOSED PENALTY RS.3,00,000 FROM 23-AUG-2024
23-AUG-2024
|
|
|
1168
|
|
|
U.P.POSTAL PRIMARY CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON SHIFTING OF ITS BRANCH WITHOUT OBTAINING PRIOR APPROVAL OF RBI
|
IMPOSED PENALTY RS.1,00,000 FROM 10-APR-2019
10-APR-2019
|
|
|
1169
|
|
|
U.P.POSTAL PRIMARY 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
DID NOT FURNISH ANY CREDIT INFORMATION TO EVEN CREDIT INFORMATION COMPANY (CIC) OF WHICH IT WAS A MEMBER
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI TO CARRY OUT CONCURRENT AUDIT OF INVESTMENT PORTFOLIO
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI IN RELATION TO INCOME RECOGNITION, ASSET CLASSIFICATION AND PROVISIONING DIRECTIVES/INSTRUCTIONS/GUIDELINES
DIRECTORS INVOLVED IN DAY-TO-DAY AFFAIRS OF THE BANK
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 01-MAR-2019
01-MAR-2019
|
|
|
1170
|
|
|
UDUMALPET CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
SANCTIONED LOAN TO A RELATIVE OF ONE OF ITS DIRECTORS
SANCTIONED LOANS TO NOMINAL MEMBERS BEYOND PRESCRIBED REGULATORY LIMIT
|
IMPOSED PENALTY RS.75,000 FROM 06-DEC-2024
06-DEC-2024
|
|
|
1171
|
|
|
UDYAM VIKAS SAHAKARI BANK LTD.
|
|
|
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 15-JUL-2021
15-JUL-2021
|
|
|
1172
|
|
|
UJJAIN NAGARIK SAHAKARI BANK MARYADIT
|
|
|
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.1,00,000 FROM 22-JUN-2023
22-JUN-2023
|
|
|
1173
|
|
|
UMA CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON REQUIREMENTS ON IS AUDIT AND INTERNAL AUDIT COMPLIANCE
|
IMPOSED PENALTY RS.1,00,000 FROM 08-AUG-2025
08-AUG-2025
|
|
|
1174
|
|
|
UMA CO-OPERATIVE 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.7,00,000 FROM 04-OCT-2023
04-OCT-2023
|
|
|
1175
|
|
|
UMA 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 15-SEP-2011
15-SEP-2011
|
|
|
1176
|
|
|
UNAVA NAGRIK SAHAKARI BANK LTD.,THE
|
|
|
DID NOT ADHERE TO ANTI MONEY LAUNDERING (AML) DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
IMPOSED PENALTY RS.1,00,000 FROM 26-MAY-2011
26-MAY-2011
|
|
|
1177
|
|
|
UNITED COMMERCIAL CO-OPERATIVE BANK LTD.
|
|
|
DID NOT SUBMIT OFF-SITE SURVEILLANCE (OSS) RETURNS VIOLATING SECTION 27 OF RBI ACT, 1934
DID NOT PREPARE/SUBMIT/PUBLISH BALANCE SHEET, PROFIT & LOSS ACCOUNT AND AUDITOR'S REPORT AS REQUIRED UNDER SECTIONS 29 AND 31 OF BANKING REGULATION (CO-OPERATIVE SOCIETIES) RULES,1966
|
IMPOSED PENALTY RS.5,00,000 FROM 30-SEP-2013
30-SEP-2013
|
RBI VIDE ITS ORDER DATED 26/05/2014, AGAIN EXTENDED THE PERIOD OF DIRECTIONS FOR A FURTHER PERIOD OF SIX MONTHS FROM 01/06/2014 TO 30/11/2014
RBI VIDE ITS ORDER DATED 29/11/2013, AGAIN EXTENDED THE PERIOD OF DIRECTIONS FOR A FURTHER PERIOD OF SIX MONTHS FROM 01/12/2013 TO 31/05/2014
RBI VIDE ITS ORDER DATED 28/11/2014, AGAIN EXTENDED PERIOD OF DIRECTIONS FOR A FURTHER PERIOD OF THREE MONTHS FROM 01/12/2014 TO 28/02/2015
|
|
1178
|
|
|
UNITED CO-OPERATIVE 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.1,00,000 FROM 30-NOV-2023
30-NOV-2023
|
|
|
1179
|
|
|
UNITED CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON OPERATIONS, BRANCH AUTHORISATION POLICY, OPENING/UP-GRADATION OF EXTENSION COUNTERS, ATMS AND SHIFTING/SPLITTING/CLOSURE OF OFFICES
DID NOT ADHERE TO SECTION 35(2) OF BANKING REGULATION ACT, 1949
|
IMPOSED PENALTY RS.5,00,000 FROM 19-APR-2018
19-APR-2018
|
|
|
1180
|
|
|
UNITED 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
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ON SHARE LINKING DIRECTIVES/INSTRUCTIONS/GUIDELINES
VIOLATED DIRECTIVES/INSTRUCTIONS/GUIDELINES FOR GRANTING UNSECURED CREDIT FACILITIES
ALLOWED LIMITS BEYOND EXPOSURE CEILING
DID NOT SUBMIT CTR/STR IN RESPECT OF CASH TRANSACTIONS IN EXCESS OF RS.10 LAKH
|
IMPOSED PENALTY RS.5,00,000 FROM 15-MAR-2012
15-MAR-2012
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
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|
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Page
59
of
64
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