RBI cancels licence of Mother Theresa Hyderabad Co-operative Urban Bank Ltd.
Case Brief
The Reserve Bank of India has cancelled the licence of The Mother Theresa Hyderabad Co-operative Urban Bank Ltd., Narayanaguda, Andhra Pradesh, to carry on banking business. The cancellation means the co-operative urban bank can no longer conduct banking as defined under the Banking Regulation Act, 1949, including taking public deposits or permitting withdrawals by instrument or otherwise.
The Reserve Bank of India cancelled the licence of The Mother Theresa Hyderabad Co-operative Urban Bank Ltd., Narayanaguda, Andhra Pradesh to carry on banking business. As a result, the bank is precluded from transacting the business of banking under the Banking Regulation Act, 1949 (as applicable to co-operative societies), including accepting deposits from the public and allowing withdrawals by cheque, draft, order or otherwise.
Severity Assessment
Licence cancellation is a full operational stop and is always severity 5.
The bank must stop banking operations immediately, including accepting deposits and allowing withdrawals. Depositors and counterparties are affected because the institution is no longer permitted to function as a bank.
Published as The Mother Theresa Hyderabad Co-operative Urban Bank Ltd.
RegOversight structures the official RBI release for search and analysis. Use the linked release as the authoritative source.
© 2026 RegOversight by OddVector