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Bhilwara Mahila Urban Co-operative Bank Ltd., Bhilwara (Rajasthan)

Co-operative bankBhilwara, Rajasthan

A source-linked record of 2 RBI actions, their timing, severity, and recurring regulatory themes.

At a Glance

Total actions
2
Total penalties
Rs 0
Latest action
8 Mar 2018

Enforcement Fingerprint

2 actions across 2 years.

PenaltyRestrictionLicence actionLiftedOther

Action Mix

Business restriction2

Lifecycle Mix

Extension2

Severity Mix

S4 High2

Source-linked record

Action History

2 linked actions

2018

1

Case brief

RBI extended its existing Section 35A directions on Bhilwara Mahila Urban Co-operative Bank Ltd. for another four months. The earlier conditions continue unchanged.

Impact

The bank remains subject to the same RBI-imposed operating conditions for the extended period, with no relaxation of the earlier directives. Any affected customers and counterparties continue to operate under those restrictions until July 09, 2018 or further review.

Why RBI acted

Governance oversight

Regulatory basis

  • Section 35 A read with Section 56 of the Banking Regulation Act, 1949

2017

1

Case brief

RBI extended the existing Section 35A directions on Bhilwara Mahila Urban Co-operative Bank Ltd. for another six months. The terms of the original directive remain unchanged.

Impact

The bank must continue operating under the same RBI-imposed conditions for the extended period, until March 09, 2018 unless reviewed earlier. Customers and counterparties remain subject to the operational constraints already in force under the original directions.

Why RBI acted

Governance oversight

Regulatory basis

  • Section 35A of the Banking Regulation Act, 1949
  • Section 56 of the Banking Regulation Act, 1949