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Wednesday, August 19, 2020

32 Co Operative Banks put under restriction by RBI*

*32 Co Operative Banks put under restriction by RBI* 

List of 32 CO OPERATIVE BANKS put under restrictions by Reserve Bank of India under section 35A as on 16.08.2020. Depositors of following bank can not withdraw their deposits above limits permitted by RBI from time to time.     
Sr. No. Name of Bank under RBI Directives  
1 Karnala Nagari Sahakari Bank Ltd., Panvel, Raigad (Maharashtra)  
2 People’s Co-operative Bank Ltd., Kanpur, Uttar Pradesh   
3 Sri Gururaghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka   
4 Youth Development Co-op. Bank Ltd., Kolhapur, Maharashtra   
5 The Maratha Sahakari Bank Ltd, Mumbai, Maharashtra   
6 Shri Anand Co-operative Bank Ltd., Chinchawad, Pune, Maharashtra   
7 Kerala Mercantile Co-operative Bank Ltd., Kozhikode, Kerala   
8  Rupee Co-operative Bank Ltd, Pune, Maharashtra   
9  Mapusa Urban Co-operative Bank of Goa Ltd   
10 Millath Co-operative Bank Ltd., Davangere, Karnataka   
11 Sikar Urban Co-operative Bank Ltd, Sikar, Rajasthan   
12 The Adoor Co-operative Urban Bank Ltd, Adoor, Kerala   
13 Madgaum Urban Cooperative Bank Ltd., Margao, Goa   
14  The Needs of Life Co-op. Bank Ltd., Mumbai, Maharashtra   
15  Shivajirao Bhosale Sahakari Bank Ltd., Pune, Maharashtra   
16 Bhagyodaya Friends Urban Co-operative Bank Ltd. Warud, Dist. Amravati, Maharashtra   
17 United Cooperative Bank Limited, Bagnan Station Road (North), P.O. – Bagnan, Dist- Howrah, West Bengal   
18 Shivam Sahakari Bank Ltd., Ichalkaranji, Dist. – Kolhapur, Maharashtra   
19  Dr. Shivajirao Patil Nilangekar Urban Co-operative Limited, Nilanga, Dist. Latur, Maharashtra   
20 The City Co-operative Bank Ltd., Mumbai, Maharashtra   
21 Vasantdada Nagari Sahakari Bank Ltd, Osmanabad, Maharashtra   
22 The Mudhol Co-operative Bank Ltd., Mudhol   
23  Hindu Co-operative Bank Limited, Pathankot, Punjab   
24 U.P. Civil Secretariat Primary Co-operative Bank Ltd., Lucknow (Uttar Pradesh)   
25 Punjab and Maharashtra Cooperative Bank Limited, Mumbai, Maharashtra   
26 Padmashri Dr. Vitthalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra   
27 The Karad Janata Sahakari Bank Ltd., Karad, Maharashtra   
28  Bidar Mahila Urban Co-operative Bank Ltd., Bidar, Karnataka.   
29 The Vaish Co-operative Commercial Bank Ltd., New Delhi   
30 The Kapol Co-operative Bank Ltd., Mumbai, Maharashtra-    
31 Kolikata Mahila Cooperative Bank Ltd., Kolkata   
32 Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad, Telangana     

Apart from this RBI has recently Cancelled Banking License of The CKP Co-operative Bank Ltd, Mumbai on 02.05.2020
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