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SOURCE OF INFORMATION : RESERVE BANK OF INDIA WEBSITE & NEWSPAPERS
PERIOD COVERED : 01-AUG-1996 TO 11-OCT-2025

CO-OPERATIVE BANKS: PROHIBITED FROM CARRYING ON 'BANKING BUSINESS' INCLUDING ACCEPTANCE AND REPAYMENT OF DEPOSIT

S.No. ENTITY PERSONS REGULATORY CHARGES REGULATORY ACTION(S) / DATE OF ORDER FURTHER DEVELOPMENTS
1
History of entity/person BHILWARA MAHILA URBAN CO-OPERATIVE BANK LTD.
  DID NOT HAVE ADEQUATE CAPITAL STRUCTURE & EARNING PROSPECTS AND NOT IN A POSITION TO PAY ITS PRESENT AND/OR FUTURE DEPOSITORS IN FULL   CANCELLED BANKING LICENSE FROM 23-AUG-2018

DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 23-AUG-2018

PROHIBITED FROM CARRYING ON 'BANKING BUSINESS' INCLUDING ACCEPTANCE AND REPAYMENT OF DEPOSIT FROM 23-AUG-2018

23-AUG-2018 		 
2
History of entity/person BHOPAL NAGRIK SAHAKARI BANK LTD.
  DID NOT HAVE ADEQUATE CAPITAL STRUCTURE & EARNING PROSPECTS AND NOT IN A POSITION TO PAY ITS PRESENT AND/OR FUTURE DEPOSITORS IN FULL

DID NOT TAKE POSITIVE STEPS FOR CAPITAL AUGMENTATION AND FINANCIAL RESTRUCTURING   		CANCELLED BANKING LICENSE FROM 22-JAN-2018

DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 22-JAN-2018

PROHIBITED FROM CARRYING ON 'BANKING BUSINESS' INCLUDING ACCEPTANCE AND REPAYMENT OF DEPOSIT FROM 22-JAN-2018

22-JAN-2018 		 
3
History of entity/person BIRBHUM DISTRICT CENTRAL CO-OPERATIVE BANK LTD.
  DID NOT ADHERE TO RELAXED LICENSING CONDITIONS SET BY RBI IN CONSULTATION WITH NABARD   REJECTION OF APPLICATION FOR BANKING LICENSE FROM 15-MAY-2014

DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 15-MAY-2014

PROHIBITED FROM CARRYING ON `BANKING BUSINESS` INCLUDING ACCEPTANCE AND REPAYMENT OF DEPOSIT FROM 15-MAY-2014

15-MAY-2014 		 
4
History of entity/person BULDANA DISTRICT CENTRAL CO-OPERATIVE BANK LTD.
  DID NOT ADHERE TO RELAXED LICENSING CONDITIONS SET BY RBI IN CONSULTATION WITH NABARD   REJECTION OF APPLICATION FOR BANKING LICENSE FROM 15-MAY-2014

DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 15-MAY-2014

PROHIBITED FROM CARRYING ON `BANKING BUSINESS` INCLUDING ACCEPTANCE AND REPAYMENT OF DEPOSIT FROM 15-MAY-2014

15-MAY-2014 		 
5
History of entity/person KARNATAKA RAJYA KAIGARIKA VANIJYA SAHAKARA BANK NIYAMIT
  DID NOT ADHERE TO RBI REGULATIONS

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   		REJECTION OF APPLICATION FOR BANKING LICENSE FROM 23-APR-2014

DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 23-APR-2014

PROHIBITED FROM CARRYING ON 'BANKING BUSINESS' INCLUDING ACCEPTANCE AND REPAYMENT OF DEPOSIT FROM 23-APR-2014

23-APR-2014 		 
6
History of entity/person LOKSEVA SAHAKARI BANK LTD.
  DID NOT HAVE ADEQUATE CAPITAL STRUCTURE & EARNING PROSPECTS AND NOT IN A POSITION TO PAY ITS PRESENT AND/OR FUTURE DEPOSITORS IN FULL

DID NOT TAKE POSITIVE STEPS FOR CAPITAL AUGMENTATION AND FINANCIAL RESTRUCTURING   		CANCELLED BANKING LICENSE FROM 18-SEP-2017

DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 18-SEP-2017

PROHIBITED FROM CARRYING ON 'BANKING BUSINESS' INCLUDING ACCEPTANCE AND REPAYMENT OF DEPOSIT FROM 18-SEP-2017

18-SEP-2017 		 
7
History of entity/person MAHATMA FULE URBAN CO-OPERATIVE BANK LTD.
  CEASED TO BE SOLVENT   CANCELLED BANKING LICENSE FROM 24-AUG-2013

PROHIBITED FROM CARRYING ON 'BANKING BUSINESS' INCLUDING ACCEPTANCE AND REPAYMENT OF DEPOSIT FROM 24-AUG-2013

DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 24-AUG-2013

24-AUG-2013 		 
8
History of entity/person NAGPUR DISTRICT CENTRAL CO-OPERATIVE BANK LTD.
  DID NOT ADHERE TO RELAXED LICENSING CONDITIONS SET BY RBI IN CONSULTATION WITH NABARD   REJECTION OF APPLICATION FOR BANKING LICENSE FROM 15-MAY-2014

DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 15-MAY-2014

PROHIBITED FROM CARRYING ON `BANKING BUSINESS` INCLUDING ACCEPTANCE AND REPAYMENT OF DEPOSIT FROM 15-MAY-2014

15-MAY-2014 		 
9
History of entity/person SOJITRA CO-OPERATIVE BANK LTD.,THE
  PROHIBITED FROM CARRYING ON BANKING BUSINESS IN INDIA UNDER SECTION 22 OF THE BANKING REGULATION ACT, 1949   CANCELLED BANKING LICENSE FROM 23-JAN-2017

PROHIBITED FROM CARRYING ON 'BANKING BUSINESS' INCLUDING ACCEPTANCE AND REPAYMENT OF DEPOSIT FROM 23-JAN-2017

23-JAN-2017 		 
10
History of entity/person UNITED CO-OPERATIVE BANK LTD.,THE
  DID NOT HAVE ADEQUATE CAPITAL STRUCTURE & EARNING PROSPECTS AND NOT IN A POSITION TO PAY ITS PRESENT AND/OR FUTURE DEPOSITORS IN FULL   CANCELLED BANKING LICENSE FROM 10-MAY-2021

DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 10-MAY-2021

PROHIBITED FROM CARRYING ON 'BANKING BUSINESS' INCLUDING ACCEPTANCE AND REPAYMENT OF DEPOSIT FROM 10-MAY-2021

10-MAY-2021 		 
11
History of entity/person URBAN CO-OPERATIVE BANK LTD.,THE,BHUBANESHWAR
  CEASED TO BE SOLVENT   CANCELLED BANKING LICENSE FROM 17-FEB-2014

DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 17-FEB-2014

PROHIBITED FROM CARRYING ON 'BANKING BUSINESS' INCLUDING ACCEPTANCE AND REPAYMENT OF DEPOSIT FROM 17-FEB-2014

17-FEB-2014 		 
12
History of entity/person WARDHA DISTRICT CENTRAL CO-OPERATIVE BANK LTD.
  DID NOT ADHERE TO RELAXED LICENSING CONDITIONS SET BY RBI IN CONSULTATION WITH NABARD   REJECTION OF APPLICATION FOR BANKING LICENSE FROM 15-MAY-2014

DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR FROM 15-MAY-2014

PROHIBITED FROM CARRYING ON `BANKING BUSINESS` INCLUDING ACCEPTANCE AND REPAYMENT OF DEPOSIT FROM 15-MAY-2014

15-MAY-2014 		 
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.

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