|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
101
|
|
MEHSANA 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
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON GRANTING LOANS FOR REAL ESTATE PURPOSES
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ON ADMISSION OF CO-OPERATIVE SOCIETIES AS NOMINAL MEMBERS
WAIVED INTEREST ON ADVANCE WHICH WAS RELATED TO A DIRECTOR OF THE BANK
|
IMPOSED PENALTY RS.1,00,000 FROM 13-JUL-2011
13-JUL-2011
|
|
|
102
|
|
|
MEHSANA URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
VIOLATED INSTRUCTIONS OF RBI ON MEMBERSHIP OF CO-OPERATIVE SOCIETIES,CONDUCT OF NON-BANKING BUSINESS,USE OF WORD”BANK”IN THE NAME OF ANOTHER INSTITUTION AND SHARE LINKING DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
IMPOSED PENALTY RS.5,00,000 FROM 05-APR-2011
05-APR-2011
|
|
|
103
|
|
|
MELUR 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 20-JUL-2021
20-JUL-2021
|
|
|
104
|
|
|
METTUPALAYAM CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
VIOLATED RBI’S DIRECTIVES ON LOANS TO DIRECTORS
SANCTIONED LOANS TO NOMINAL MEMBERS BEYOND PRESCRIBED REGULATORY LIMIT
|
IMPOSED PENALTY RS.1,50,000 FROM 11-NOV-2025
11-NOV-2025
|
|
|
105
|
|
|
MUKKUPERI CO-OPERATIVE URBAN BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI WHEN INCREASED ITS EXPOSURE TO SECTOR WHERE LEVEL OF NPAS WERE HIGH
VIOLATED RBI’S DIRECTIVES ON LOANS TO DIRECTORS
DELAY IN UPLOADING KNOW YOUR CLIENTS (KYC) RECORDS OF CERTAIN CUSTOMERS’ ACCOUNTS ON CENTRAL KNOW YOUR CLIENTS (KYC) RECORDS REGISTRY
|
IMPOSED PENALTY RS.1,75,000 FROM 03-JAN-2025
03-JAN-2025
|
|
|
106
|
|
|
NAGAR 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.5,00,000 FROM 13-OCT-2011
13-OCT-2011
|
|
|
107
|
|
|
NAGNATH URBAN CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON TRANSFER OF ELIGIBLE UNCLAIMED FUNDS TO DEPOSITOR EDUCATION AND AWARENESS FUND WITHIN PRESCRIBED PERIOD
|
IMPOSED PENALTY RS.1,00,000 FROM 26-JUL-2024
26-JUL-2024
|
|
|
108
|
|
|
NAKODAR HINDU URBAN 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.5,00,000 FROM 31-MAR-2024
31-MAR-2024
|
|
|
109
|
|
|
NAKODAR HINDU URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON INCOME RECOGNITION AND ASSET CLASSIFICATION (IRAC) NORMS AND FRAUDS
PAID DIVIDEND, SANCTIONED/RENEWED LOANS EXCEEDING 50% OF APPLICABLE REGULATORY LIMIT FOR SINGLE BORROWER EXPOSURE, INCURRED CAPITAL EXPENDITURE EXCEEDING PRESCRIBED LIMIT AND INCURRED OPERATING EXPENDITURE BY GRANTING GIFTS
|
IMPOSED PENALTY RS.6,00,000 FROM 03-FEB-2024
03-FEB-2024
|
|
|
110
|
|
|
NAKODAR HINDU URBAN 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
|
IMPOSED PENALTY RS.5,00,000 FROM 08-NOV-2021
08-NOV-2021
|
|
|
111
|
|
|
NANDURA URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
SANCTIONED LOANS TO NOMINAL MEMBERS BEYOND PRESCRIBED REGULATORY LIMIT
|
IMPOSED PENALTY RS.1,00,000 FROM 13-JAN-2026
13-JAN-2026
|
|
|
112
|
|
|
NATIONAL URBAN CO-OPERATIVE BANK LTD.,NEW DELHI
|
|
|
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 15-MAY-2012
15-MAY-2012
|
|
|
113
|
|
|
NATIONAL URBAN CO-OPERATIVE BANK LTD.,PRATAPGARH
|
|
|
VIOLATED DIRECTIVES/INSTRUCTIONS/GUIDELINES BY SANCTIONING FRESH LOANS & ADVANCES
|
IMPOSED PENALTY RS.10,00,000 FROM 27-APR-2023
27-APR-2023
|
|
|
114
|
|
|
NATIONAL URBAN CO-OPERATIVE BANK LTD.,PRATAPGARH
|
|
|
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 22-AUG-2022
22-AUG-2022
|
|
|
115
|
|
|
NAVBHARAT CO-OPERATIVE URBAN BANK LTD.
|
|
|
DID NOT ADHERE TO INSTRUCTIONS OF RBI ON SUPERVISORY ACTION FRAMEWORK (SAF)
DELAY IN REPORTING CYBER SECURITY INCIDENT
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON REQUIREMENTS ON IS AUDIT AND INTERNAL AUDIT COMPLIANCE
|
IMPOSED PENALTY RS.12,00,000 FROM 25-JAN-2022
25-JAN-2022
|
|
|
116
|
|
|
NAZARETH URBAN CO-OPERATIVE BANK LTD.
|
|
|
SANCTIONED LOAN TO A RELATIVE OF ONE OF ITS DIRECTORS
|
IMPOSED PENALTY RS.1,00,000 FROM 10-OCT-2024
10-OCT-2024
|
|
|
117
|
|
|
NELLORE 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
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES AND STATUTORY/OTHER RESTRICTIONS
|
IMPOSED PENALTY RS.10,00,000 FROM 25-AUG-2022
25-AUG-2022
|
|
|
118
|
|
|
NILAMBUR CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
OFFERED HIGHER INTEREST RATES ON NON-RESIDENT (EXTERNAL) RUPEE DEPOSIT THAN THOSE OF CORRESPONDING DOMESTIC TERM DEPOSITS
|
IMPOSED PENALTY RS.50,000 FROM 25-SEP-2025
25-SEP-2025
|
|
|
119
|
|
|
NILAMBUR CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
MADE DONATIONS VIOLATING DIRECTIONS ISSUED UNDER SUPERVISORY ACTION FRAMEWORK (SAF)
|
IMPOSED PENALTY RS.50,000 FROM 05-NOV-2024
05-NOV-2024
|
|
|
120
|
|
|
NILAMBUR CO-OPERATIVE URBAN 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 MANAGEMENT OF ADVANCES
|
IMPOSED PENALTY RS.5,00,000 FROM 01-MAR-2022
01-MAR-2022
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
|
|
|
|
|
Page
6
of
11
|
