|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
1
|
|
GANDHIDHAM MERCANTILE CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON DONATIONS TO TRUSTS AND INSTITUTIONS WHERE DIRECTORS AND/OR RELATIVES HOLD POSITION OR INTERESTED
|
IMPOSED PENALTY RS.1,00,000
09-AUG-2024
|
|
|
2
|
|
|
HALOL MERCANTILE CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON DONATIONS TO TRUSTS AND INSTITUTIONS WHERE DIRECTORS AND/OR RELATIVES HOLD POSITION OR INTERESTED
SANCTIONED CREDIT FACILITIES TO INDIVIDUALS WHERE RELATIVES OF ITS DIRECTORS STOOD AS GUARANTORS
|
IMPOSED PENALTY RS.1,00,000
04-DEC-2024
|
|
|
3
|
|
|
JANATA CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON DONATIONS TO TRUSTS AND INSTITUTIONS WHERE DIRECTORS AND/OR RELATIVES HOLD POSITION OR INTERESTED
GRANTED UNSECURED LOANS TO DIRECTOR AND/OR THEIR PROPRIETORSHIP FIRM
|
IMPOSED PENALTY RS.3,50,000
31-AUG-2023
|
|
|
4
|
|
|
MARKETYARD COMMERCIAL CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO THE CEILING AS PRESCRIBED BY RBI ON DONATION
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON DONATIONS TO TRUSTS AND INSTITUTIONS WHERE DIRECTORS AND/OR RELATIVES HOLD POSITION OR INTERESTED
VIOLATED RBI’S DIRECTIVES ON LOANS TO DIRECTORS
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.5,50,000
23-JAN-2025
|
|
|
5
|
|
|
PATDI NAGARIK SAHAKARI BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON DONATIONS TO TRUSTS AND INSTITUTIONS WHERE DIRECTORS AND/OR RELATIVES HOLD POSITION OR INTERESTED
SANCTIONED LOAN TO A RELATIVE OF ONE OF ITS DIRECTORS
SANCTIONED CREDIT FACILITIES TO INDIVIDUALS WHERE RELATIVES OF ITS DIRECTORS STOOD AS GUARANTORS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON PRUDENTIAL INTER-BANK (GROSS) EXPOSURE LIMITS AND/OR INTER-BANK COUNTER PARTY EXPOSURE LIMITS
ACCEPTED INTEREST-FREE DEPOSITS ACCOUNTS OTHER THAN CURRENT ACCOUNT
|
IMPOSED PENALTY RS.10,00,000
26-DEC-2023
|
|
|
6
|
|
|
SHREE KADI NAGARIK SAHAKARI 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
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON LOANS & ADVANCES TO DIRECTORS ETC AS SURETY/GUARANTORS CLASSIFICATION OF UCBS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON BANK FINANCE AGAINST SHARES AND DEBENTURES OF UCBS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON DONATIONS TO TRUSTS AND INSTITUTIONS WHERE DIRECTORS AND/OR RELATIVES HOLD POSITION OR INTERESTED
|
IMPOSED PENALTY RS.4,00,000
29-APR-2022
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
