|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
1201
|
|
YASHWANT CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ON CLASSIFY CERTAIN LOANS AND/OR CREDIT FACILITIES AS NON-PERFORMING ASSETS IN ACCORDANCE WITH IRAC NORMS
SANCTIONED LOANS THAT BREACHED CEILING ON UNSECURED ADVANCES AND EXPOSURE TO INDIVIDUAL MEMBERS AND NOMINAL MEMBERS
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 TRANSFER OF ELIGIBLE FUNDS TO DEPOSITOR EDUCATION AND AWARENESS FUND
LEVIED PENAL CHARGES FOR NON-MAINTENANCE OF MINIMUM BALANCE IN SB ACCOUNTS WITHOUT NOTIFYING CUSTOMERS
|
IMPOSED PENALTY RS.5,00,000 FROM 16-JUL-2024
16-JUL-2024
|
|
|
1202
|
|
|
YASHWANT 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.2,00,000 FROM 22-MAR-2022
22-MAR-2022
|
|
|
1203
|
|
|
YASHWANT CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON INDIVIDUAL UNSECURED ADVANCES EXPOSURE LIMIT, GROUP BORROWER LIMIT AND SUBMISSION OF COMPLIANCE TO RBI
|
IMPOSED PENALTY RS.1,00,000 FROM 14-JUL-2016
14-JUL-2016
|
|
|
1204
|
|
|
YAVATMAL DISTRICT CENTRAL CO-OPERATIVE BANK LTD.
|
|
|
VIOLATED RBI’S DIRECTIVES ON LOANS TO DIRECTORS
|
IMPOSED PENALTY RS.1,00,000 FROM 15-SEP-2025
15-SEP-2025
|
|
|
1205
|
|
|
YESHWANT NAGARI SAHAKARI 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
|
IMPOSED PENALTY RS.1,00,000 FROM 16-MAY-2017
16-MAY-2017
|
|
|
1206
|
|
|
YOUTH DEVELOPMENT CO-OPERATIVE BANK LTD.,THE
|
|
|
ENTERED INTO ONE TIME SETTLEMENT (OTS) SCHEME WITH BORROWERS WITHOUT PRIOR WRITTEN PERMISSION OF RBI
|
IMPOSED PENALTY RS.1,00,000 FROM 14-FEB-2023
14-FEB-2023
|
|
|
1207
|
|
|
ZILA SAHAKARI BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON TRANSFER OF ELIGIBLE UNCLAIMED DEPOSITS TO DEPOSITOR EDUCATION & AWARENESS FUND WITHIN DUE DATE
SANCTIONED LOAN TO A DIRECTOR WHEN IT WAS PROHIBITED
|
IMPOSED PENALTY RS.5,00,000 FROM 30-MAR-2024
30-MAR-2024
|
|
|
1208
|
|
|
ZILA SAHAKARI KENDRIYA BANK MARYADIT
|
|
|
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.5,00,000 FROM 03-AUG-2016
03-AUG-2016
|
|
|
1209
|
|
|
ZILA SAHKARI BANK LTD.,KANPUR
|
|
|
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
|
IMPOSED PENALTY RS.3,00,000 FROM 30-JAN-2026
30-JAN-2026
|
|
|
1210
|
|
|
ZILA SAHKARI BANK LTD.,MIRZAPUR
|
|
|
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.5,00,000 FROM 05-DEC-2024
05-DEC-2024
|
|
|
1211
|
|
|
ZOROASTRIAN CO-OPERATIVE BANK LTD.
|
|
|
LEVIED PENAL CHARGES FOR NON-MAINTENANCE OF MINIMUM BALANCE IN SB ACCOUNTS WITHOUT NOTIFYING CUSTOMERS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON PAYMENT OF INTEREST ON BALANCE AMOUNTS LYING IN CURRENT ACCOUNTS OF DECEASED INDIVIDUAL DEPOSITORS/SOLE PROPRIETORSHIP CONCERNS WHILE MAKING PAYMENTS TO CLAIMANTS
DELAY IN REPORTING OF FRAUDS TO RBI AND/OR NABARD
|
IMPOSED PENALTY RS.43,30,000 FROM 06-FEB-2024
06-FEB-2024
|
|
|
1212
|
|
|
ZOROASTRIAN CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON DISCOUNTING/REDISCOUNTING OF BILLS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON PERIOD OF PRESERVATION OF RECORDS RULES, 1985
|
IMPOSED PENALTY RS.1,25,00,000 FROM 23-NOV-2022
23-NOV-2022
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
|
|
|
|
|
Page
61
of
61
|
