|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
1
|
|
ASANSOL PEOPLES' CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
REJECTION OF APPLICATION FOR BANKING LICENSE
16-AUG-1999
|
|
|
2
|
|
|
AWAMI MERCANTILE CO-OPERATIVE BANK LTD.
|
|
|
EXTREMELY UNSATISFACTORY FINANCIAL POSITION
|
CANCELLED BANKING LICENSE
23-OCT-1998
|
|
|
3
|
|
|
BHAVNAGAR WELFARE CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO PROVISIONS OF SECTIONS 11(1), 22(3)(A) AND 22(3)(B) OF THE BANKING REGULATION ACT, 1949 (AS APPLICABLE TO CO-OPERATIVE SOCIETIES)
FAILED TO PAY DEBTS
|
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR
09-JUL-2003
|
LIQUIDATOR APPOINTED BY REGISTRAR OF CO-OPERATIVE SOCIETIES,GUJARAT
|
|
4
|
|
|
CHAPRA DISTRICT CENTRAL CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
REJECTION OF APPLICATION FOR BANKING LICENSE
14-FEB-2002
|
|
|
5
|
|
|
CHAROTAR NAGARIK SAHAKARI BANK LTD.
|
|
|
IRRETRIEVABLE AND WEAK FINANCIAL CONDITION
|
WINDING UP OF BANK
19-AUG-2003
|
|
|
6
|
|
|
CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
REJECTION OF APPLICATION FOR BANKING LICENSE
20-MAR-2001
|
|
|
7
|
|
|
DALTONGANJ CENTRAL CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
REJECTION OF APPLICATION FOR BANKING LICENSE
03-OCT-2001
|
|
|
8
|
|
|
DARBHANGA CENTRAL CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
REJECTION OF APPLICATION FOR BANKING LICENSE
18-JUL-2003
|
|
|
9
|
|
|
DISTRICT CENTRAL CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
REJECTION OF APPLICATION FOR BANKING LICENSE
17-AUG-2002
|
|
|
10
|
|
|
DOMBIVLI NAGARI SAHAKARI BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON INCOME RECOGNITION AND ASSET CLASSIFICATION (IRAC) NORMS AND FRAUDS
|
IMPOSED PENALTY RS.50,00,000
29-JAN-2020
|
|
|
11
|
|
|
ELLISBRIDGE CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
REJECTION OF APPLICATION FOR BANKING LICENSE
07-MAY-1999
|
|
|
12
|
|
|
FARMER'S CO-OPERATIVE BANK OF INDIA LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE
23-FEB-2000
|
|
|
13
|
|
|
FEDERAL CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE
19-SEP-2000
|
|
|
14
|
|
|
FRIENDS' CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE
01-AUG-2001
|
|
|
15
|
|
|
GENERAL CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO PROVISIONS OF SECTIONS 11(1), 22(3)(A) AND 22(3)(B) OF THE BANKING REGULATION ACT, 1949 (AS APPLICABLE TO CO-OPERATIVE SOCIETIES)
FAILED TO PAY DEBTS
|
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR
09-JUL-2003
|
LIQUIDATOR APPOINTED BY REGISTRAR OF CO-OPERATIVE SOCIETIES,GUJARAT
|
|
16
|
|
|
HARISIDDHA CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
REJECTION OF APPLICATION FOR BANKING LICENSE
25-MAY-1999
|
|
|
17
|
|
|
INDIRA SAHAKARI BANK LTD.,AURANGABAD
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE
16-JUN-2000
|
|
|
18
|
|
|
JABALPUR MAHILA NAGARIK SAHAKARI BANK MARYADIT.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
CANCELLED BANKING LICENSE
23-DEC-1999
|
|
|
19
|
|
|
JANATA COMMERCIAL CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO PROVISIONS OF SECTIONS 11(1), 22(3)(A) AND 22(3)(B) OF THE BANKING REGULATION ACT, 1949 (AS APPLICABLE TO CO-OPERATIVE SOCIETIES)
FAILED TO PAY DEBTS
|
DIRECTED REGISTRAR OF CO-OPERATIVE SOCIETIES TO ISSUE ORDER FOR WINDING UP OF BANK AND APPOINT LIQUIDATOR
09-JUL-2003
|
LIQUIDATOR APPOINTED BY REGISTRAR OF CO-OPERATIVE SOCIETIES,GUJARAT
|
|
20
|
|
|
JANATA SAHAKARI BANK LTD.
|
|
|
DID NOT ADHERE TO RBI REGULATIONS
|
REJECTION OF APPLICATION FOR BANKING LICENSE
12-JUN-2002
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
|
|
|
|
|
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