It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. NGP.DOS.SSM 3.No.S1391/15-04-301/2022-2023 dated February 23, 2023, has issued certain Directions to Adarsh Mahila Nagari Sahakari Bank Maryadit, Aurangabad, whereby, as from the close of bus

The Reserve Bank of India issued Directions to Thodupuzha Urban Co-operative Urban Bank Ltd, No.394, Kerala, under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS), vide Directive No. CO.DOS.SED.No.S3361/12.07.005/2022-23 dated August 23, 2022, from close of business on August 23, 2022, for a period of six months. The Reserve Bank of India is satisfied that in the public interest, it is necessary to extend the period of operation of the afor

It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. BLR.DOS.SSMS.No.S2174/12-08-295/2022-2023 dated February 23, 2023, has issued certain Directions to Shimsha Sahakara Bank Niyamitha, Maddur, Mandya District, whereby, as from the close of bus

It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A of the Banking Regulation Act, 1949, read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. NGP.DOS.SSM 2.No.S1389/15-04-616/2022-2023 dated February 23, 2023, has issued certain Directions to Shankarrao Mohite Patil Sahakari Bank Ltd., Akluj, whereby, as from the close of business

The Reserve Bank of India issued Directions to The Malkapur Urban Co-operative Bank Ltd., Buldhana, Maharashtra under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DOS.CO.NSUCBs-West/D-3/S2050/12.07.005/2021-22 dated November 24, 2021, as modified from time to time, which were last extended up to February 24, 2023 vide Directive DOR.MON/D-44/12.22.638/2022-23 dated November 23, 2022. 2. The Reserve Bank of India is satisfied that

Today, the Reserve Bank of India (RBI), vide order dated February 16, 2023, has cancelled the licence of “Garha Co-operative Bank Ltd., Guna, Madhya Pradesh”. Consequently, the bank ceases to carry on banking business, with effect from the close of business on February 20, 2023. The Commissioner Co-operation and Registrar of Cooperative Societies, Madhya Pradesh has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. Th

The Reserve Bank of India issued Directions to Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Ltd., Nashik under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DCBS.CO.BSD-I/D-7/12.22.395/2017-18 dated May 18, 2018 as modified from time to time, which were last extended up to February 17, 2023 vide Directive DOR.MON.D-42/12.22.395/2022-23 dated November 17, 2022. 2. The Reserve Bank of India is satisfied that in the public i

The Reserve Bank of India issued Directions to Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DOS.CO.UCB.BSD-III.D-2/12.23.283/2019-20 dated January 02, 2020, the validity of which was extended from time to time, last been vide Directive DOR.MON/D-40/12.23.283/2022-23 dated November 09, 2022 up to February 10, 2023. 2. The Reserve Bank of India is satisfied t

The Reserve Bank of India issued Directions to The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala under section 35A read with section 56 of the Banking Regulation Act, 1949 (AACS), vide Directive DCBS.CO.PCC D-4/12.26.004/2018-19 dated November 02, 2018, from close of business on November 09, 2018 for a period of six months, which were extended from time to time, last being up to February 09, 2023 for a period of one month, vide Directive DOR.MON/D-56/12.26.004/2022

The Reserve Bank of India, vide directive CO.DOS.DSD.No.S782/12-07-005/2022-23 dated May 13, 2022, had placed Shankarrao Pujari Nutan Nagari Sahakari Bank Ltd., Ichalkaranji, Kolhapur under Directions from the close of business on May 13, 2022 for a period of six months. The validity of the directions was extended from time-to-time, the last being up to February 12, 2023. 2. It is hereby notified for the information of the public that, the Reserve Bank of India, in ex