1. Key Details of Regulatory Action The Reserve Bank of India (RBI) issued Directions to the bank under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies). Effective Date: Close of business on December 09, 2025. Duration: The Directions are in force for a period of […]
Contextual Assumption: The Root Cause Analysis (RCA), Preventive Controls, and Lessons Learned for regulatory cancellations are based on common statutory failures under Section 45-IA(6) of the RBI Act, as the specific breach was not detailed in the press releases. For voluntary surrenders, the RCA reflects strategic business decisions. 1. Parichay Commotrade Pvt Ltd Key Details
The Pusad Urban Cooperative Bank Ltd., Pusad 1. Key Regulatory Details Regulatory Authority: Reserve Bank of India (RBI) Action Date: Close of Business on November 07, 2025 Statute Invoked: Section 35 A read with Section 56 of the Banking Regulation Act, 1949 Primary Restriction: Prohibited from granting/renewing loans, making investments, accepting fresh deposits, and disbursing
Key Details of RBI Actions The RBI issued Directions to The Baghat Urban Co-operative Bank Ltd., Solan, on October 06, 2025, using its powers under Section 35 A read with Section 56 of the Banking Regulation Act, 1949. The Directions came into effect from the close of business on October 08, 2025, and are set
1. Sadbhav Nagrik Sahakari Bank Maryadit, Chhatarpur The RBI issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949, effective from the close of business on October 07, 2025. Key Details Detail Description Effective Date of Directions Close of business on October 07, 2025. Duration Six months from the close
Key Details of Regulatory Action The Reserve Bank of India (RBI) cancelled the banking license of Jijamata Mahila Sahakari Bank Ltd., Satara, Maharashtra, effective from the close of business on October 07, 2025. This action prohibits the bank from conducting the business of ‘banking’, including the acceptance and repayment of deposits. Bank & Regulatory Snapshot
This report details the key aspects of the Reserve Bank of India’s decision to cancel the Certificate of Registration (CoR) of Datta Finance and Trading Private Limited. 1. Key Details 2. Root Cause Analysis (RCA) The root cause for the cancellation of the CoR was the company’s violation of RBI guidelines on the code of
