|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
1
|
|
ARCOT CO-OPERATIVE URBAN 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.25,000 FROM 03-JAN-2025
03-JAN-2025
|
|
|
2
|
|
|
BAPATLA CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
SANCTIONED LOANS TO ITS DIRECTOR AND THEIR RELATIVES
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON PRUDENTIAL INTER-BANK (GROSS) EXPOSURE LIMITS AND/OR INTER-BANK COUNTER PARTY EXPOSURE LIMITS
DELAY IN UPLOADING KNOW YOUR CLIENTS (KYC) RECORDS OF CERTAIN CUSTOMERS’ ACCOUNTS ON CENTRAL KNOW YOUR CLIENTS (KYC) RECORDS REGISTRY
|
IMPOSED PENALTY RS.2,00,000 FROM 04-DEC-2024
04-DEC-2024
|
|
|
3
|
|
|
BATLAGUNDU CO-OPERATIVE URBAN 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 03-JAN-2025
03-JAN-2025
|
|
|
4
|
|
|
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
|
|
|
5
|
|
|
RAMANATHAPURAM CO-OPERATIVE URBAN 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 07-FEB-2025
07-FEB-2025
|
|
|
6
|
|
|
SALEM URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
VIOLATED RBI’S DIRECTIVES ON LOANS TO DIRECTORS
SANCTIONED UNSECURED ADVANCES BEYOND PRESCRIBED REGULATORY LIMIT
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 07-FEB-2025
07-FEB-2025
|
|
|
7
|
|
|
SHOLINGHUR CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
SANCTIONED LOANS TO NOMINAL MEMBERS BEYOND PRESCRIBED REGULATORY LIMIT
DELAY IN UPLOADING KNOW YOUR CLIENTS (KYC) RECORDS OF CERTAIN CUSTOMERS’ ACCOUNTS ON CENTRAL KNOW YOUR CLIENTS (KYC) RECORDS REGISTRY
|
IMPOSED PENALTY RS.1,00,000 FROM 26-MAR-2025
26-MAR-2025
|
|
|
8
|
|
|
SIVAKASI CO-OPERATIVE URBAN 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 03-JAN-2025
03-JAN-2025
|
|
|
9
|
|
|
TIRUPPUR CO-OPERATIVE URBAN 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
DELAY IN UPLOADING KNOW YOUR CLIENTS (KYC) RECORDS OF CERTAIN CUSTOMERS’ ACCOUNTS ON CENTRAL KNOW YOUR CLIENTS (KYC) RECORDS REGISTRY
|
IMPOSED PENALTY RS.1,50,000 FROM 07-FEB-2025
07-FEB-2025
|
|
|
10
|
|
|
URBAN CO-OPERATIVE BANK LTD.,THE,CUTTACK
|
|
|
DELAY IN UPLOADING KNOW YOUR CLIENTS (KYC) RECORDS OF CERTAIN CUSTOMERS’ ACCOUNTS ON CENTRAL KNOW YOUR CLIENTS (KYC) RECORDS REGISTRY
|
IMPOSED PENALTY RS.4,50,000 FROM 01-SEP-2025
01-SEP-2025
|
|
|
11
|
|
|
VIRUDHUNAGAR CO-OPERATIVE URBAN BANK LTD.
|
|
|
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 03-JAN-2025
03-JAN-2025
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
