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S.No.
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ENTITY |
PERSONS |
REGULATORY CHARGES
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REGULATORY ACTION(S) / DATE OF ORDER
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FURTHER DEVELOPMENTS
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1
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OTTAPALAM CO-OPERATIVE URBAN BANK LTD.,THE
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DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXTENSION OF FRESH LOANS AND ADVANCES CARRYING RISK WEIGHTS OF 100% AND ABOVE
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON ATM-CUM-DEBIT CARDS TO CERTAIN CASH CREDIT ACCOUNTS HOLDERS
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IMPOSED PENALTY RS.1,00,000 FROM 03-SEP-2025
03-SEP-2025
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2
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PANVEL CO-OPERATIVE URBAN BANK LTD.
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DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXTENSION OF FRESH LOANS AND ADVANCES CARRYING RISK WEIGHTS OF 100% AND ABOVE
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IMPOSED PENALTY RS.1,00,000 FROM 01-APR-2024
01-APR-2024
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3
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PERIYAKULAM CO-OPERATIVE URBAN BANK LTD.,THE
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DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON SINGLE BORROWER EXPOSURE LIMIT APPLICABLE FOR FRESH LOANS AND ADVANCES IN CERTAIN INSTANCES
OFFERED INTEREST RATES ON DEPOSITS FOR VARIOUS DURATIONS HIGHER THAN THAT OFFERED BY STATE BANK OF INDIA IN NON-COMPLIANCE WITH THE SAF DIRECTIONS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXTENSION OF FRESH LOANS AND ADVANCES CARRYING RISK WEIGHTS OF 100% AND ABOVE
ALLOWED REFUND OF SHARE CAPITAL TO ITS MEMBERS, DESPITE ITS LAST
ASSESSED CRAR (CAPITAL TO RISK (WEIGHTED) ASSETS RATIO) BEING BELOW 9%
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON SHARE LINKING NORMS IN RESPECT OF JEWEL LOANS
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IMPOSED PENALTY RS.2,00,000 FROM 25-NOV-2024
25-NOV-2024
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4
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URBAN CO-OPERATIVE BANK LTD.,BUDAUN,THE
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DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON TRANSFER OF ELIGIBLE UNCLAIMED FUNDS TO DEPOSITOR EDUCATION AND AWARENESS FUND WITHIN PRESCRIBED PERIOD
OFFERED INTEREST RATES ON DEPOSITS FOR VARIOUS DURATIONS HIGHER THAN THAT OFFERED BY STATE BANK OF INDIA IN NON-COMPLIANCE WITH THE SAF DIRECTIONS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXTENSION OF FRESH LOANS AND ADVANCES CARRYING RISK WEIGHTS OF 100% AND ABOVE
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON PRUDENTIAL INTER-BANK (GROSS) EXPOSURE LIMITS AND/OR INTER-BANK COUNTER PARTY EXPOSURE LIMITS
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IMPOSED PENALTY RS.7,00,000 FROM 14-MAY-2024
14-MAY-2024
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5
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YAVATMAL URBAN CO-OPERATIVE BANK LTD.,THE
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DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXTENSION OF FRESH LOANS AND ADVANCES CARRYING RISK WEIGHTS OF 100% AND ABOVE
SANCTIONED LOANS TO NOMINAL MEMBERS BEYOND PRESCRIBED REGULATORY LIMIT
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IMPOSED PENALTY RS.5,00,000 FROM 26-DEC-2024
26-DEC-2024
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The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
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