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SOURCE OF INFORMATION : RESERVE BANK OF INDIA WEBSITE & NEWSPAPERS
PERIOD COVERED : 01-AUG-1996 TO 21-NOV-2024

PRIVATE BANKS: MERGER WITH ANOTHER BANK

S.No. ENTITY PERSONS REGULATORY CHARGES REGULATORY ACTION(S) / DATE OF ORDER FURTHER DEVELOPMENTS
1
History of entity/person BAREILLY CORPORATION BANK LTD.
  DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934   MERGER WITH ANOTHER BANK

03-JUN-1999 		 
2
History of entity/person BENARES STATE BANK LTD.,THE
  DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934   MERGER WITH ANOTHER BANK

20-JUN-2002 		 
3
History of entity/person GLOBAL TRUST BANK LTD.
  EXTREMELY UNSATISFACTORY FINANCIAL POSITION   MERGER WITH ANOTHER BANK

14-AUG-2004 		 
4
History of entity/person NEDUNGADI BANK LTD.,THE
  DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934   MERGER WITH ANOTHER BANK

01-FEB-2003 		 
5
History of entity/person SIKKIM BANK LTD.
  DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934   MERGER WITH ANOTHER BANK

22-DEC-1999 		 
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.

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