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SOURCE OF INFORMATION : RESERVE BANK OF INDIA WEBSITE & NEWSPAPERS
PERIOD COVERED : 01-AUG-1996 TO 27-AUG-2025

CO-OPERATIVE BANKS: BANK’S BYE-LAWS PERMITTED ADMISSION OF CO-OPERATIVE SOCIETY AS A MEMBER IN THE BANK, IN CONTRAVENTION OF THE PROVISIONS OF THE BANKING REGULATION ACT,1949

S.No. ENTITY PERSONS REGULATORY CHARGES REGULATORY ACTION(S) / DATE OF ORDER FURTHER DEVELOPMENTS
1
History of entity/person SOLAPUR JANATA SAHAKARI BANK LTD.
  BANK’S BYE-LAWS PERMITTED ADMISSION OF CO-OPERATIVE SOCIETY AS A MEMBER IN THE BANK, IN CONTRAVENTION OF THE PROVISIONS OF THE BANKING REGULATION ACT,1949   IMPOSED PENALTY RS.15,00,000

07-JUL-2025 		 
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.

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