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Co-Sponsors

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

URBAN CO-OPERATIVE BANKS: DID NOT MONITOR OPERATIONS IN CERTAIN DEPOSIT ACCOUNTS

S.No. ENTITY PERSONS REGULATORY CHARGES REGULATORY ACTION(S) / DATE OF ORDER FURTHER DEVELOPMENTS
1
History of entity/person 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

07-OCT-2024
 
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
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