RBI cancels licence of The Kalyan Cooperative Urban Bank Ltd., Hyderabad, Andhra Pradesh
Case Brief
The Reserve Bank of India has cancelled the banking licence of The Kalyan Cooperative Urban Bank Ltd., Hyderabad, Andhra Pradesh under Section 22 of the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). This bars the bank from carrying on banking business and from accepting deposits or allowing withdrawals by cheque, draft, order or otherwise.
The Reserve Bank of India cancelled the licence of The Kalyan Cooperative Urban Bank Ltd., Hyderabad, Andhra Pradesh to carry on banking business. The cancellation was issued under Section 22 of the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). As a result, the bank is precluded from transacting banking business, including accepting public deposits and allowing withdrawals.
Severity Assessment
Licence cancellation is a full regulatory exit action and is always severity 5.
The bank must stop carrying on banking business. Depositors can no longer place fresh deposits or withdraw funds through normal banking instruments, and the institution is effectively barred from operating as a bank going forward.
Published as The Kalyan Cooperative Urban Bank Ltd., Hyderabad, Andhra Pradesh
RegOversight structures the official RBI release for search and analysis. Use the linked release as the authoritative source.
© 2026 RegOversight by OddVector