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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
|
|
1
|
|
DHRANGADHRA PEOPLES' CO-OPERATIVE BANK LTD.,THE
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|
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DID NOT CONDUCT CONCURRENT AUDITING OF INVESTMENT PORTFOLIO
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON OUTSOURCING AND FAIR PRACTICES CODE IN DIGITAL LENDING OPERATIONS UNDERTAKEN THROUGH THIRD PARTY APPS
GENERATED SUSPICIOUS TRANSACTIONS REPORT AND SUBMITTED TO FINANCIAL INTELLIGENCE UNIT-INDIA (FIU-IND)
DID NOT ADHERE TO DEAF SCHEME
|
IMPOSED PENALTY RS.1,00,000 FROM 25-APR-2016
25-APR-2016
|
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2
|
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DR.AMBEDKAR NAGRIK SAHAKARI BANK MARYADIT
|
|
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DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON PRUDENTIAL INTER-BANK (GROSS) EXPOSURE LIMITS AND/OR INTER-BANK COUNTER PARTY EXPOSURE LIMITS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON OUTSOURCING AND FAIR PRACTICES CODE IN DIGITAL LENDING OPERATIONS UNDERTAKEN THROUGH THIRD PARTY APPS
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IMPOSED PENALTY RS.1,50,000 FROM 13-SEP-2022
13-SEP-2022
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3
|
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GHATAL PEOPLES CO-OPERATIVE BANK LTD.,THE
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FURNISHED INCORRECT CREDIT INFORMATION IN RESPECT OF A NUMBER OF EXPIRED CREDIT CARDS WITH NO DUES TO ALL FOUR CREDIT INFORMATION COMPANIES
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON PRUDENTIAL INTER-BANK (GROSS) EXPOSURE LIMITS AND/OR INTER-BANK COUNTER PARTY EXPOSURE LIMITS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON OUTSOURCING AND FAIR PRACTICES CODE IN DIGITAL LENDING OPERATIONS UNDERTAKEN THROUGH THIRD PARTY APPS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON TRANSFER OF ELIGIBLE FUNDS TO DEPOSITOR EDUCATION AND AWARENESS FUND
|
IMPOSED PENALTY RS.1,50,000 FROM 21-SEP-2023
21-SEP-2023
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4
|
|
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MEHSANA DISTRICT CENTRAL CO-OPERATIVE BANK LTD.,THE
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|
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DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON OUTSOURCING AND FAIR PRACTICES CODE IN DIGITAL LENDING OPERATIONS UNDERTAKEN THROUGH THIRD PARTY APPS
DID NOT FURNISH ANY CREDIT INFORMATION TO EVEN CREDIT INFORMATION COMPANY (CIC) OF WHICH IT WAS A MEMBER
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IMPOSED PENALTY RS.2,10,000 FROM 24-MAR-2023
24-MAR-2023
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5
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SMRITI NAGRIK SAHAKARI BANK MARYADIT,MANDSAUR
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DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI PERTAINING TO LOANS BEYOND CEILING OF RS.1 LAKH TO NOMINAL MEMBERS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON OUTSOURCING AND FAIR PRACTICES CODE IN DIGITAL LENDING OPERATIONS UNDERTAKEN THROUGH THIRD PARTY APPS
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IMPOSED PENALTY RS.4,00,000 FROM 14-MAR-2023
14-MAR-2023
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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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