|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
1161
|
|
VASANTDADA NAGARI SAHAKARI BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON MAXIMUM LIMITS ON UNSECURED ADVANCES/LOANS
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 DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI IN RELATION TO INCOME RECOGNITION, ASSET CLASSIFICATION AND PROVISIONING DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
IMPOSED PENALTY RS.5,00,000 FROM 16-APR-2013
16-APR-2013
|
|
|
1162
|
|
|
VEJALPUR NAGRIK SAHAKARI 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.25,000 FROM 30-OCT-2023
30-OCT-2023
|
|
|
1163
|
|
|
VELLORE CO-OPERATIVE TOWN BANK LTD.,THE
|
|
|
DELAY IN UPLOADING KNOW YOUR CLIENTS (KYC) RECORDS OF CERTAIN CUSTOMERS’ ACCOUNTS ON CENTRAL KNOW YOUR CLIENTS (KYC) RECORDS REGISTRY
|
IMPOSED PENALTY RS.50,000 FROM 26-MAR-2025
26-MAR-2025
|
|
|
1164
|
|
|
VEPAR UDHYOG VIKAS SAHAKARI BANK LTD.,THE
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON CARRYING OUT PERIODIC UPDATION OF “KNOW YOUR CLIENTS” OF CUSTOMERS AS PER RISK
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON CARRYING OUT PERIODIC UPDATION OF “KNOW YOUR CLIENTS” OF CUSTOMERS AS PER RISK CATEGORISATION
|
IMPOSED PENALTY RS.1,50,000 FROM 12-NOV-2024
12-NOV-2024
|
|
|
1165
|
|
|
VIDYANANAD 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
|
IMPOSED PENALTY RS.1,00,000 FROM 07-DEC-2023
07-DEC-2023
|
|
|
1166
|
|
|
VIDYASAGAR CENTRAL CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON BANK’S TOTAL EXPOSURE TO HOUSING FINANCE
|
IMPOSED PENALTY RS.2,00,000 FROM 22-OCT-2024
22-OCT-2024
|
|
|
1167
|
|
|
VIDYASAGAR CENTRAL CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON LIMITING QUANTUM OF HOUSING LOAN THAT CAN BE GRANTED TO INDIVIDUAL BORROWER BY A DISTRICT CENTRAL CO-OPERATIVE BANK
|
IMPOSED PENALTY RS.1,50,000 FROM 14-SEP-2023
14-SEP-2023
|
|
|
1168
|
|
|
VIJAPUR NAGARIK SAHAKARI 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 CARRY OUT CUSTOMER DUE DILIGENCE IN CERTAIN ACCOUNTS
|
IMPOSED PENALTY RS.1,00,000 FROM 04-NOV-2024
04-NOV-2024
|
|
|
1169
|
|
|
VIJAY COMMERCIAL CO-OPERATIVE BANK LTD.,THE
|
|
|
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.1,00,000 FROM 15-NOV-2024
15-NOV-2024
|
|
|
1170
|
|
|
VIJAY 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 INSTRUCTIONS OF RBI IN RESPECT OF DECLARATION/DISBURSAL OF DIVIDEND TO SHAREHOLDERS
|
IMPOSED PENALTY RS.5,00,000 FROM 29-OCT-2012
29-OCT-2012
|
|
|
1171
|
|
|
VIJAYAPURA DISTRICT CENTRAL CO-OPERATIVE BANK LTD.,THE
|
|
|
VIOLATED RBI’S DIRECTIVES ON LOANS TO DIRECTORS
|
IMPOSED PENALTY RS.1,00,000 FROM 19-AUG-2025
19-AUG-2025
|
|
|
1172
|
|
|
VIRAMGAM MERCANTILE CO-OPERATIVE BANK LTD.,THE
|
|
|
SANCTIONED AND/OR RENEWED 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
INCURRED CAPITAL EXPENDITURE WITHOUT PRIOR APPROVAL OF RBI
|
IMPOSED PENALTY RS.5,00,000 FROM 22-AUG-2023
22-AUG-2023
|
|
|
1173
|
|
|
VIRAMGAM MERCANTILE CO-OPERATIVE BANK LTD.,THE
|
|
|
DEFAULTED IN MAINTENANCE OF CASH RESERVE RATIO
|
IMPOSED PENALTY RS.2,00,000 FROM 12-DEC-2022
12-DEC-2022
|
|
|
1174
|
|
|
VIRAMGAM MERCANTILE CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT SUBMIT CTR/STR IN RESPECT OF CASH TRANSACTIONS IN EXCESS OF RS.10 LAKH
VIOLATED INSTRUCTIONS ON PERSISTENCE OF IRREGULARITIES OF PREVIOUS INSPECTION REPORT AND REQUIREMENT OF REPORTING OF CASH TRANSACTIONS IN EXCESS OF RS.10 LAKH TO FIU-IND,AS REQUIRED UNDER AML DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
IMPOSED PENALTY RS.1,00,000 FROM 22-FEB-2011
22-FEB-2011
|
|
|
1175
|
|
|
VISAKHAPATNAM CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI IN RELATION TO INCOME RECOGNITION, ASSET CLASSIFICATION AND PROVISIONING DIRECTIVES/INSTRUCTIONS/GUIDELINES
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON FINANCE FOR HOUSING SCHEMES (UCBS)
|
IMPOSED PENALTY RS.55,00,000 FROM 25-AUG-2022
25-AUG-2022
|
|
|
1176
|
|
|
VISHWAKALYAN SAHAKARA BANK NIYAMIT
|
|
|
DELAY IN SUBMITTING STATUTORY RETURNS TO RBI
|
IMPOSED PENALTY RS.50,000 FROM 06-MAY-2025
06-MAY-2025
|
|
|
1177
|
|
|
VISHWAKALYAN SAHAKARA BANK NIYAMIT
|
|
|
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.25,000 FROM 05-JUN-2024
05-JUN-2024
|
|
|
1178
|
|
|
VISHWANATHRAO PATIL MURGUD SAHAKARI 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 08-AUG-2023
08-AUG-2023
|
|
|
1179
|
|
|
VRIDDHACHALAM CO-OPERATIVE URBAN 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.2,00,000 FROM 15-MAY-2018
15-MAY-2018
|
|
|
1180
|
|
|
VYAPARI SAHAKARI BANK MARYADIT
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON GIVING DONATION EXCEEDING PRESCRIBED LIMIT
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON BOARD OF DIRECTORS OF URBAN CO-OPERATIVE BANKS (UCBS) IN RELATION TO DIRECTOR RELATED LOANS
|
IMPOSED PENALTY RS.2,00,000 FROM 24-MAR-2023
24-MAR-2023
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
|
|
|
|
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