|
S.No.
|
ENTITY |
PERSONS |
REGULATORY CHARGES
|
REGULATORY ACTION(S) / DATE OF ORDER
|
FURTHER DEVELOPMENTS
|
|
21
|
|
BHADRADRI CO-OPERATIVE URBAN BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES AND STATUTORY/OTHER RESTRICTIONS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON MANAGEMENT OF ADVANCES
|
IMPOSED PENALTY RS.2,00,000 FROM 20-JAN-2022
20-JAN-2022
|
|
|
22
|
|
|
BHILWARA MAHILA URBAN CO-OPERATIVE BANK LTD.
|
|
|
VIOLATED DIRECTIVES/INSTRUCTIONS/GUIDELINES PERTAINING TO CEILING ON UNSECURED ADVANCES APPLICABLE TO URBAN CO-OPERATIVE BANKS (UCBS)
|
IMPOSED PENALTY RS.1,00,000 FROM 29-MAY-2013
29-MAY-2013
|
|
|
23
|
|
|
BICHOLIM URBAN CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES AND STATUTORY/OTHER RESTRICTIONS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON BOARD OF DIRECTORS OF URBAN CO-OPERATIVE BANKS (UCBS)
ALLOWED OPERATIONS AND DID NOT CLOSE SEVERAL ACCOUNTS OPEN USING OTP BASED E-KYC IN NON-FACE-TO-FACE MODE, EVEN AFTER EXPIRY OF ONE YEAR WITHOUT CONDUCTING CUSTOMER DUE DILIGENCE PROCEDURE
|
IMPOSED PENALTY RS.4,00,000 FROM 07-OCT-2021
07-OCT-2021
|
|
|
24
|
|
|
BUNDI URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO THE CEILING AS PRESCRIBED BY RBI ON DONATION
DID NOT ADHERE TO THE CEILING AS PRESCRIBED BY RBI ON LEVY OF SERVICE CHARGES ON CUSTOMERS
|
IMPOSED PENALTY RS.2,00,000 FROM 27-JUN-2012
27-JUN-2012
|
|
|
25
|
|
|
CATHOLIC CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
DID NOT MONITOR OPERATIONS IN CERTAIN DEPOSIT ACCOUNTS
ISSUED BALANCE CONFIRMATION LETTERS WITHOUT HAVING BALANCE IN ACCOUNTS
SANCTIONED LOAN TO A RELATIVE OF ONE OF ITS DIRECTORS
|
IMPOSED PENALTY RS.3,00,000 FROM 07-OCT-2024
07-OCT-2024
|
|
|
26
|
|
|
CHIPLUN URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES FOR GOLD LOAN WITH BULLET REPAYMENT OPTION
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON LEVY OF PENAL CHARGES ON NON-MAINTENANCE OF MINIMUM BALANCES IN SAVINGS BANK ACCOUNTS
|
IMPOSED PENALTY RS.2,00,000 FROM 09-AUG-2023
09-AUG-2023
|
|
|
27
|
|
|
CITIZENS URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON SINGLE BORROWER EXPOSURE LIMIT APPLICABLE FOR FRESH LOANS AND ADVANCES IN CERTAIN INSTANCES
OFFERED HIGHER INTEREST RATES ON TERM DEPOSITS THAN THOSE OFFERED BY STATE BANK OF INDIA
|
IMPOSED PENALTY RS.15,00,000 FROM 27-MAR-2025
27-MAR-2025
|
|
|
28
|
|
|
CITIZENS URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI IN RELATION TO INCOME RECOGNITION, ASSET CLASSIFICATION AND PROVISIONING DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
IMPOSED PENALTY RS.7,00,000 FROM 26-OCT-2021
26-OCT-2021
|
|
|
29
|
|
|
CO-OPERATIVE URBAN BANK LTD.,PARLAKHEMUNDI,THE
|
|
|
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 OBTAIN MEMBERSHIP OF CREDIT INFORMATION COMPANIES (CICS)
|
IMPOSED PENALTY RS.2,70,000 FROM 13-MAR-2025
13-MAR-2025
|
|
|
30
|
|
|
DAHOD URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
VIOLATED INSTRUCTIONS ON PERSISTENCE OF IRREGULARITIES OF PREVIOUS INSPECTION REPORT AND REQUIREMENT OF REPORTING OF CASH TRANSACTIONS IN EXCESS OF RS.10 LAKH TO FIU-IND,AS REQUIRED UNDER AML DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
IMPOSED PENALTY RS.1,00,000 FROM 25-JUN-2012
25-JUN-2012
|
|
|
31
|
|
|
DAHOD URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
ALLOWED OPERATIONS AND DID NOT CLOSE SEVERAL ACCOUNTS OPEN USING OTP BASED E-KYC IN NON-FACE-TO-FACE MODE, EVEN AFTER EXPIRY OF ONE YEAR WITHOUT CONDUCTING CUSTOMER DUE DILIGENCE PROCEDURE
DID NOT ADHERE TO ANTI MONEY LAUNDERING (AML) DIRECTIVES/INSTRUCTIONS/GUIDELINES
DID NOT ADHERE TO THE CEILING AS PRESCRIBED BY RBI ON DONATION
ALLOWED LIMITS BEYOND EXPOSURE CEILING
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ON SHARE LINKING DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
IMPOSED PENALTY RS.1,00,000 FROM 11-JUL-2011
11-JUL-2011
|
|
|
32
|
|
|
DARUSSALAM CO-OPERATIVE URBAN BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI IN RELATION TO INCOME RECOGNITION, ASSET CLASSIFICATION AND PROVISIONING DIRECTIVES/INSTRUCTIONS/GUIDELINES
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON BOARD OF DIRECTORS OF URBAN CO-OPERATIVE BANKS (UCBS)
|
IMPOSED PENALTY RS.10,00,000 FROM 22-AUG-2022
22-AUG-2022
|
|
|
33
|
|
|
DEVIKA URBAN CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON LOANS AND/OR ADVANCES TO DIRECTORS AND THEIR RELATIVES
|
IMPOSED PENALTY RS.3,00,000 FROM 14-AUG-2023
14-AUG-2023
|
|
|
34
|
|
|
DHARAMVIR SAMBHAJI URBAN CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES AND STATUTORY/OTHER RESTRICTIONS
|
IMPOSED PENALTY RS.1,00,000 FROM 25-JAN-2022
25-JAN-2022
|
|
|
35
|
|
|
DINDIGUL URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
SANCTIONED LOANS TO NOMINAL MEMBERS WHERE LOAN AMOUNT IN EACH CASE EXCEEDED THE APPLICABLE CEILING
|
IMPOSED PENALTY RS.25,000 FROM 28-FEB-2024
28-FEB-2024
|
|
|
36
|
|
|
DR.BABASAHEB AMBEDKAR URBAN CO-OPERATIVE BANK LTD.
|
|
|
VIOLATED RBI’S DIRECTIVES ON LOANS TO DIRECTORS
DID NOT REDUCE SINGLE BORROWER EXPOSURE LIMIT FOR FRESH LOANS AND ADVANCES BY 50% OF APPLICABLE REGULATORY LIMIT
|
IMPOSED PENALTY RS.1,50,000 FROM 08-JUL-2025
08-JUL-2025
|
|
|
37
|
|
|
DR.BABASAHEB AMBEDKAR URBAN CO-OPERATIVE BANK LTD.
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON BOARD OF DIRECTORS OF URBAN CO-OPERATIVE BANKS (UCBS)
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES AND STATUTORY/OTHER RESTRICTIONS
|
IMPOSED PENALTY RS.2,00,000 FROM 10-AUG-2021
10-AUG-2021
|
|
|
38
|
|
|
DR.JAIPRAKASH MUNDADA URBAN CO-OPERATIVE BANK LTD.
|
|
|
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.1,00,000 FROM 04-APR-2024
04-APR-2024
|
|
|
39
|
|
|
GADHINGLAJ URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON TRANSFER OF ELIGIBLE FUNDS TO DEPOSITOR EDUCATION AND AWARENESS FUND
ALLOTTED MULTIPLE CUSTOMER IDENTIFICATION CODES TO SAME CUSTOMERS
|
IMPOSED PENALTY RS.3,00,000 FROM 14-SEP-2023
14-SEP-2023
|
|
|
40
|
|
|
GADHINGLAJ URBAN CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON PROHIBITING LOANS & ADVANCES TO DIRECTORS & THEIR RELATIVES AND FIRMS/COMPANIES/CONCERNS IN WHICH THEY ARE INTERESTED
DID NOT ADHERE TO INSTRUCTIONS OF RBI ON SUPERVISORY ACTION FRAMEWORK (SAF)
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF RBI ON EXPOSURE DIRECTIVES/INSTRUCTIONS/GUIDELINES AND STATUTORY/OTHER RESTRICTIONS
ALLOWED OPERATIONS AND DID NOT CLOSE SEVERAL ACCOUNTS OPEN USING OTP BASED E-KYC IN NON-FACE-TO-FACE MODE, EVEN AFTER EXPIRY OF ONE YEAR WITHOUT CONDUCTING CUSTOMER DUE DILIGENCE PROCEDURE
|
IMPOSED PENALTY RS.10,00,000 FROM 09-AUG-2021
09-AUG-2021
|
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
|
|
|
|
|
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