|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
1
|
|
A.P.RAJA RAJESWARI MAHILA CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
SANCTIONED LOANS ON BULLET REPAYMENT BASIS AGAINST GOLD/SILVER ORNAMENTS BEYOND PRESCRIBED CEILING LIMIT
|
IMPOSED PENALTY RS.50,000 FROM 03-MAR-2025
03-MAR-2025
|
|
|
2
|
|
|
ARNI CO-OPERATIVE TOWN BANK LTD.,THE
|
|
|
ALLOWED REFUND OF SHARE CAPITAL TO ITS MEMBERS, DESPITE ITS CRAR (CAPITAL TO RISK (WEIGHTED) ASSETS RATIO) BEING LESS THAN REGULATORY MINIMUM
SANCTIONED CERTAIN LOANS WITHOUT COMPLYING WITH SHARE LINKING TO BORROWINGS NORMS, DESPITE ITS CRAR (CAPITAL TO RISK (WEIGHTED) ASSETS RATIO) BEING LESS THAN REGULATORY MINIMUM
SANCTIONED LOANS TO NOMINAL MEMBERS BEYOND PRESCRIBED REGULATORY LIMIT
SANCTIONED LOANS ON BULLET REPAYMENT BASIS AGAINST GOLD/SILVER ORNAMENTS BEYOND PRESCRIBED CEILING LIMIT
|
IMPOSED PENALTY RS.2,00,000 FROM 27-NOV-2025
27-NOV-2025
|
|
|
3
|
|
|
BALASINOR NAGARIK SAHAKARI BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI U/S 36 (1) OF THE BANKING REGULATIONS ACT, 1949
EXCEEDED PRESCRIBED INDIVIDUAL BORROWER EXPOSURE LIMIT
SANCTIONED LOANS ON BULLET REPAYMENT BASIS AGAINST GOLD/SILVER ORNAMENTS BEYOND PRESCRIBED CEILING LIMIT
DID NOT ADHERE TO UNIQUE CUSTOMER IDENTIFICATION CODE (UCIC) RELATED DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
IMPOSED PENALTY RS.2,00,000 FROM 30-OCT-2015
30-OCT-2015
|
|
|
4
|
|
|
BOMBAY MERCANTILE CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI PERTAINING TO LOANS BEYOND CEILING OF RS.1 LAKH TO NOMINAL MEMBERS
SANCTIONED LOANS ON BULLET REPAYMENT BASIS AGAINST GOLD/SILVER ORNAMENTS BEYOND PRESCRIBED CEILING LIMIT
RECOVERED CHARGES FOR ACTIVATION OF INOPERATIVE ACCOUNTS, CLAIMING
TO BE REIMBURSEMENT OF EXPENSES FOR SUCH ACTIVATION
|
IMPOSED PENALTY RS.63,30,000 FROM 06-FEB-2024
06-FEB-2024
|
|
|
5
|
|
|
DR.PANJABRAO DESHMUKH URBAN CO-OPERATIVE BANK LTD.
|
|
|
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 ON BULLET REPAYMENT BASIS AGAINST GOLD/SILVER ORNAMENTS BEYOND PRESCRIBED CEILING LIMIT
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON CARRYING OUT PERIODIC UPDATION OF “KNOW YOUR CLIENTS” OF CUSTOMERS AS PER RISK CATEGORISATION
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON CARRYING OUT PERIODIC REVIEW OF RISK CATEGORISATION OF CUSTOMERS AND/OR ACCOUNTS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON ROBUST SOFTWARE TO THROW ALERTS AS PART OF EFFECTIVE IDENTIFICATION OF ACCOUNTS, MONITORING AND/OR REPORTING OF SUSPICIOUS TRANSACTIONS
|
IMPOSED PENALTY RS.5,00,000 FROM 08-JAN-2024
08-JAN-2024
|
|
|
6
|
|
|
JALNA PEOPLE'S CO-OPERATIVE BANK LTD.,THE
|
|
|
SANCTIONED LOANS ON BULLET REPAYMENT BASIS AGAINST GOLD/SILVER ORNAMENTS BEYOND PRESCRIBED CEILING LIMIT
|
IMPOSED PENALTY RS.75,000 FROM 25-MAR-2025
25-MAR-2025
|
|
|
7
|
|
|
JANATA CO-OPERATIVE BANK LTD.,THE
|
|
|
SANCTIONED LOANS ON BULLET REPAYMENT BASIS AGAINST GOLD/SILVER ORNAMENTS BEYOND PRESCRIBED CEILING LIMIT
SANCTIONED LOANS TO NOMINAL MEMBERS BEYOND PRESCRIBED REGULATORY LIMIT
|
IMPOSED PENALTY RS.5,00,000 FROM 27-FEB-2024
27-FEB-2024
|
|
|
8
|
|
|
NANDANI SAHAKARI BANK LTD.
|
|
|
SANCTIONED LOANS ON BULLET REPAYMENT BASIS AGAINST GOLD/SILVER ORNAMENTS BEYOND PRESCRIBED CEILING LIMIT
|
IMPOSED PENALTY RS.2,00,000 FROM 07-JUN-2024
07-JUN-2024
|
|
|
9
|
|
|
PRATHAMIK SHIKSHAK SAHAKARI BANK LTD.,THE
|
|
|
SANCTIONED LOANS ON BULLET REPAYMENT BASIS AGAINST GOLD/SILVER ORNAMENTS BEYOND PRESCRIBED CEILING LIMIT
|
IMPOSED PENALTY RS.1,00,000 FROM 21-NOV-2023
21-NOV-2023
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
