Press Releases - ಆರ್ಬಿಐ - Reserve Bank of India
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Press Releases
ಫೆಬ್ರವರಿ 20, 2023
RBI imposes monetary penalty on The Vaijapur Merchants Co-operative Bank Ltd., Vaijapur (Maharashtra)
The Reserve Bank of India (RBl) has imposed, by an order dated February 14, 2023, a monetary penalty of ₹4.00 lakh (Rupees Four lakh only) on The Vaijapur Merchants Co-operative Bank Ltd., Vaijapur (Maharashtra) (the bank) for contravention of/ non-adherence with the directions issued by RBI to Urban Co-operative Banks on lncome Recognition and Asset Classification (IRAC) norms. This penalty has been imposed in exercise of powers vested in RBI under the provisions of
The Reserve Bank of India (RBl) has imposed, by an order dated February 14, 2023, a monetary penalty of ₹4.00 lakh (Rupees Four lakh only) on The Vaijapur Merchants Co-operative Bank Ltd., Vaijapur (Maharashtra) (the bank) for contravention of/ non-adherence with the directions issued by RBI to Urban Co-operative Banks on lncome Recognition and Asset Classification (IRAC) norms. This penalty has been imposed in exercise of powers vested in RBI under the provisions of
ಫೆಬ್ರವರಿ 20, 2023
RBI imposes monetary penalty on Youth Development Co-operative Bank Limited, Kolhapur
The Reserve Bank of India (RBI) has imposed, by an order dated February 14, 2023, a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on Youth Development Co-operative Bank Limited, Kolhapur for non-adherence / violation of All Inclusive Directions imposed on the bank by RBI. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the Banking Regulation Act, 1949,
The Reserve Bank of India (RBI) has imposed, by an order dated February 14, 2023, a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on Youth Development Co-operative Bank Limited, Kolhapur for non-adherence / violation of All Inclusive Directions imposed on the bank by RBI. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the Banking Regulation Act, 1949,
ಫೆಬ್ರವರಿ 20, 2023
RBI imposes monetary penalty on Shree Samarth Sahakari Bank Ltd., Nashik (Maharashtra)
The Reserve Bank of India (RBl) has imposed, by an order dated February 14, 2023, a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on Shree Samarth Sahakari Bank Ltd., Nashik (the bank) for contravention of/ non-compliance with the directions issued by the RBI to Urban Co-operative Banks on Exposure Norms & Statutory/ Other Restrictions-UCBs and Board of Directors-UCBs. This penalty has been imposed in exercise of powers vested in RBI under the provisi
The Reserve Bank of India (RBl) has imposed, by an order dated February 14, 2023, a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on Shree Samarth Sahakari Bank Ltd., Nashik (the bank) for contravention of/ non-compliance with the directions issued by the RBI to Urban Co-operative Banks on Exposure Norms & Statutory/ Other Restrictions-UCBs and Board of Directors-UCBs. This penalty has been imposed in exercise of powers vested in RBI under the provisi
ಫೆಬ್ರವರಿ 13, 2023
RBI imposes monetary penalty on The Vaidyanath Urban Co-operative Bank Limited, Parli Vaijnath, Beed (Maharashtra)
The Reserve Bank of India (RBl) has imposed, by an order dated February 07, 2023, a monetary penalty of ₹1.50 lakh (Rupees One lakh fifty thousand only) on The Vaidyanath Urban Co-operative Bank Ltd., Beed (Maharashtra) (the bank) for non-adherence/violation of specific directions issued to the bank by the RBI under Supervisory Action Framework (SAF) under section 36 (1) read with section 56 of the Banking Regulation Act, 1949 (the Act). This penalty has been imposed
The Reserve Bank of India (RBl) has imposed, by an order dated February 07, 2023, a monetary penalty of ₹1.50 lakh (Rupees One lakh fifty thousand only) on The Vaidyanath Urban Co-operative Bank Ltd., Beed (Maharashtra) (the bank) for non-adherence/violation of specific directions issued to the bank by the RBI under Supervisory Action Framework (SAF) under section 36 (1) read with section 56 of the Banking Regulation Act, 1949 (the Act). This penalty has been imposed
ಫೆಬ್ರವರಿ 06, 2023
RBI imposes monetary penalty on The Utkal Cooperative Bank Ltd., Bhubaneswar, Odisha
The Reserve Bank of India (RBI) has imposed, by an order dated January 31, 2023, a monetary penalty of ₹15.00 lakh (Rupees Fifteen lakh only) on The Utkal Cooperative Bank Ltd. (the bank) for contravention of/ non-compliance with the directions issued by Reserve Bank of India (RBI) on (i) Exposure Norms and Statutory/Other Restrictions-UCBs and (ii) specific directions issued under Supervisory Action Framework (SAF). This penalty has been imposed in exercise of powers
The Reserve Bank of India (RBI) has imposed, by an order dated January 31, 2023, a monetary penalty of ₹15.00 lakh (Rupees Fifteen lakh only) on The Utkal Cooperative Bank Ltd. (the bank) for contravention of/ non-compliance with the directions issued by Reserve Bank of India (RBI) on (i) Exposure Norms and Statutory/Other Restrictions-UCBs and (ii) specific directions issued under Supervisory Action Framework (SAF). This penalty has been imposed in exercise of powers
ಜನವರಿ 30, 2023
ಇಳ್ಕಲ್ ಕೋ-ಅಪರೇಟೀವ್ ಬ್ಯಾಂಕ್ ನಿಯಮಿತ., ಇಳ್ಕಲ್ ಕರ್ನಾಟಕ -ಇದಕ್ಕೆ ಭಾರತೀಯ ರಿಸರ್ವ್ ಬ್ಯಾಂಕ್ ವಿತ್ತೀಯ ದಂಡ ವಿಧಿಸಿದೆ
30 ಜನವರಿ 2023 ಇಳ್ಕಲ್ ಕೋ-ಅಪರೇಟೀವ್ ಬ್ಯಾಂಕ್ ನಿಯಮಿತ., ಇಳ್ಕಲ್ ಕರ್ನಾಟಕ -ಇದಕ್ಕೆ ಭಾರತೀಯ ರಿಸರ್ವ್ ಬ್ಯಾಂಕ್ ವಿತ್ತೀಯ ದಂಡ ವಿಧಿಸಿದೆ ಆದಾಯ ಗುರುತಿಸುವುಕೆ (income recognition), ಆಸ್ತಿ ವರ್ಗೀಕರಣ(assets classification), ಮುನ್ನೇರ್ಪಾಡು ವ್ಯವಸ್ಥೆ(provisioning) ಹಾಗೂ ಇತರೇ ಸಂಬಂಧಿತ ವಿಷಯಗಳು – ಪೌರ ಸಹಕಾರಿ ಬ್ಯಾಂಕುಗಳು- ಇದರ ಬಗ್ಗೆ ನೀಡಿದ್ದ ನಿರ್ದೇಶನಗಳನ್ನು ಪಾಲಿಸದದೇ ಇದ್ದ/ಉಲ್ಲಂಘನೆ ಮಾಡಿದ ಕಾರಣ ಜನವರಿ 23, 2023 ರಂದು ಹೊರಡಿಸಿದ ಆದೇಶದ ಮೂಲಕ ಭಾರತೀಯ ರಿಸರ್ವ್ ಬ್ಯಾಂಕ್ (ಆರ್ ಬಿ ಐ), ಇಳ್ಕಲ್ ಕೋ-ಆಪರೇಟೀವ್ ಬ್ಯಾಂಕ್ ನಿಯಮಿತ , ಇಳ್ಕಲ್, ಕರ್
30 ಜನವರಿ 2023 ಇಳ್ಕಲ್ ಕೋ-ಅಪರೇಟೀವ್ ಬ್ಯಾಂಕ್ ನಿಯಮಿತ., ಇಳ್ಕಲ್ ಕರ್ನಾಟಕ -ಇದಕ್ಕೆ ಭಾರತೀಯ ರಿಸರ್ವ್ ಬ್ಯಾಂಕ್ ವಿತ್ತೀಯ ದಂಡ ವಿಧಿಸಿದೆ ಆದಾಯ ಗುರುತಿಸುವುಕೆ (income recognition), ಆಸ್ತಿ ವರ್ಗೀಕರಣ(assets classification), ಮುನ್ನೇರ್ಪಾಡು ವ್ಯವಸ್ಥೆ(provisioning) ಹಾಗೂ ಇತರೇ ಸಂಬಂಧಿತ ವಿಷಯಗಳು – ಪೌರ ಸಹಕಾರಿ ಬ್ಯಾಂಕುಗಳು- ಇದರ ಬಗ್ಗೆ ನೀಡಿದ್ದ ನಿರ್ದೇಶನಗಳನ್ನು ಪಾಲಿಸದದೇ ಇದ್ದ/ಉಲ್ಲಂಘನೆ ಮಾಡಿದ ಕಾರಣ ಜನವರಿ 23, 2023 ರಂದು ಹೊರಡಿಸಿದ ಆದೇಶದ ಮೂಲಕ ಭಾರತೀಯ ರಿಸರ್ವ್ ಬ್ಯಾಂಕ್ (ಆರ್ ಬಿ ಐ), ಇಳ್ಕಲ್ ಕೋ-ಆಪರೇಟೀವ್ ಬ್ಯಾಂಕ್ ನಿಯಮಿತ , ಇಳ್ಕಲ್, ಕರ್
ಜನವರಿ 23, 2023
RBI imposes monetary penalty on Samarth Sahakari Bank Ltd., Solapur (Maharashtra)
The Reserve Bank of India (RBl) has imposed, by an order dated January 16, 2023, a monetary penalty of ₹1.50 lakh (Rupees One lakh and Fifty Thousand only) on Samarth Sahakari Bank Ltd., Solapur (Maharashtra) (the bank) for contravention of/non-compliance with the directions issued by RBI to Urban Cooperative Banks on Income Recognition and Asset Classification (IRAC). This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47
The Reserve Bank of India (RBl) has imposed, by an order dated January 16, 2023, a monetary penalty of ₹1.50 lakh (Rupees One lakh and Fifty Thousand only) on Samarth Sahakari Bank Ltd., Solapur (Maharashtra) (the bank) for contravention of/non-compliance with the directions issued by RBI to Urban Cooperative Banks on Income Recognition and Asset Classification (IRAC). This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47
ಜನವರಿ 17, 2023
RBI imposes monetary penalty on Shree Vardhaman Sahakari Bank Ltd., Vadodara (Gujarat)
The Reserve Bank of India (RBI) has, by an Order dated December 12, 2022, imposed a monetary penalty of ₹2.00 lakh (Rupees two lakh only) on Shree Vardhaman Sahakari Bank Ltd., Vadodara (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers vested in the RBI under th
The Reserve Bank of India (RBI) has, by an Order dated December 12, 2022, imposed a monetary penalty of ₹2.00 lakh (Rupees two lakh only) on Shree Vardhaman Sahakari Bank Ltd., Vadodara (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers vested in the RBI under th
ಜನವರಿ 17, 2023
RBI imposes monetary penalty on The Gujarat Rajya Karmachari Co-operative Bank Ltd., Ahmedabad (Gujarat)
The Reserve Bank of India (RBI) has, by an Order dated December 15, 2022, imposed a monetary penalty of ₹3.00 lakh (Rupees three lakh only) on The Gujarat Rajya Karmachari Co-operative Bank Ltd., Ahmedabad (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’ and sub-section (2) of section 26A of the Banking Regulatio
The Reserve Bank of India (RBI) has, by an Order dated December 15, 2022, imposed a monetary penalty of ₹3.00 lakh (Rupees three lakh only) on The Gujarat Rajya Karmachari Co-operative Bank Ltd., Ahmedabad (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’ and sub-section (2) of section 26A of the Banking Regulatio
ಜನವರಿ 17, 2023
RBI imposes monetary penalty on Sardarganj Mercantile Co-operative Bank Ltd., district Anand (Gujarat)
The Reserve Bank of India (RBI) has, by an Order dated December 15, 2022, imposed a monetary penalty of ₹3.00 lakh (Rupees three lakh only) on Sardarganj Mercantile Co-operative Bank Ltd., district Anand (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’ and non-compliance with specific directions dated January 01,
The Reserve Bank of India (RBI) has, by an Order dated December 15, 2022, imposed a monetary penalty of ₹3.00 lakh (Rupees three lakh only) on Sardarganj Mercantile Co-operative Bank Ltd., district Anand (Gujarat) (the bank) for contravention of directions issued by RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’ and non-compliance with specific directions dated January 01,
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