1. Sarvodaya Co-operative Bank Ltd., Mumbai Key Regulatory Details Original Directive Date: April 15, 2024 Current Extension Period: January 16, 2026 – April 15, 2026 Operational Restrictions: Cap on withdrawals (initially ₹15,000); Ban on new loans/investments without prior approval. Regulatory Trigger: Deteriorating financial position and liquidity constraints. Root Cause Analysis (RCA) The continued imposition of […]
1. Key Details Regulated Entity (RE) Pinnacle Capital Solutions Private Limited, Jharkhand Penalty Amount ₹ 1,00,000 (One Lakh) Order Date December 9, 2025 Regulatory Provision Section 58G(1)(b) read with Section 58B(5)(aa) of RBI Act, 1934 Specific Violation Obtaining a Default Loss Guarantee (DLG) from a Lending Service Provider (LSP) exceeding 5% of the outstanding loan
1. Key Details of the Action Entity Name Ramgarhia Co-operative Bank Ltd., New Delhi Regulator Reserve Bank of India (RBI) Action Type Extension of Directions Legal Basis Section 35A read with Section 56 of the Banking Regulation Act, 1949 Latest Directive Date January 07, 2026 Extension Period January 08, 2026 to April 08, 2026 (3
1. Key Details The Reserve Bank of India (RBI) has restored the Certificate of Registration (CoR) of Social Leasing India Limited via a press release dated January 07, 2026. This action follows orders passed by the Appellate Authority/Courts, effectively allowing the entity to resume operations as a Non-Banking Financial Company (NBFC). Parameter Details Company Name
Executive Summary On January 07, 2026, the Reserve Bank of India (RBI) accepted the voluntary surrender of the Certificate of Registration (CoR) from 16 NBFCs. The cancellations were executed under Section 45-IA (6) of the RBI Act, 1934. The exits are categorized into three strategic rationales: (1) Exit from NBFI Business (8 entities), (2) Transition
1. Executive Summary The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of 35 Non-Banking Financial Companies (NBFCs) vide a press release dated January 07, 2026. The cancellations were executed in exercise of powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Following this order, the
1. Key Details of the Action Regulated Entity The Shirpur Merchants’ Co-operative Bank Ltd. Shirpur, Maharashtra Regulatory Authority Reserve Bank of India (RBI) Department of Supervision Original Directive Date April 05, 2024 Ref: CO.DOS.SED. No. S175/45-11-001/2024-2025 Current Status Directions Extended Until April 08, 2026 Latest Update (Jan 06, 2026): The RBI, satisfied that it is
Date of Issue: January 05, 2026 Subject: Harmonized Framework for Lending to Related Parties & Financial Statement Disclosures. Overview: The Reserve Bank of India has issued 16 distinct Amendment Directions to rationalize and harmonize the norms for “Lending to Related Parties” across all Regulated Entities (REs). These amendments introduce a principle-based framework, stricter governance on
1. Jila Sahakari Bank Limited, Mau Penalty Amount: ₹2.00 Lakh Order Date: December 31, 2025 Regulation Violated: RBI Directions on ‘Know Your Customer (KYC)’ Specific Charge: Failure to review risk categorization of accounts (every 6 months) and failure to carry out periodic KYC updation. Root Cause Analysis (RCA) The primary failure was operational lapse in
Bank Entity: The Industrial Co-operative Bank Ltd., Guwahati Date of Report: January 02, 2026 Reference: RBI Press Release: 2025-2026/1835 Action Summary: The Reserve Bank of India (RBI) has extended the period of Directions imposed on the bank by a further 3 months, citing “public interest.” The bank continues to operate under restricted conditions, including caps
