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Dilip Urban Co-operative Bank Ltd., Barshi, District - Solapur, Maharashtra

Co-operative bankBarshi, Maharashtra

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
4 May 2016

Enforcement Fingerprint

2 actions across 2 years.

PenaltyRestrictionLicence actionLiftedOther

Action Mix

Action lifted1
Business restriction1

Lifecycle Mix

Extension1
Lifted / withdrawn1

Severity Mix

S0 Lifted1
S4 High1

Source-linked record

Action History

2 linked actions

2016

1

Case brief

RBI withdrew the All Inclusive Directions previously imposed on Dilip Urban Co-operative Bank Ltd., Barshi. The bank can continue regular banking business after May 04, 2016.

Impact

The earlier RBI operating restrictions no longer apply from the close of business on May 04, 2016. The bank may resume normal banking operations, with no continuing restriction described in the release.

Regulatory basis

  • sub-section (2) of Section 35A of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies)

2015

1

Case brief

RBI further extended the existing directions on Dilip Urban Co-operative Bank Ltd., Barshi. The bank remains subject to the same operational restrictions until February 06, 2016, unless reviewed earlier.

Impact

The bank continues to operate under the existing RBI directions through February 06, 2016, subject to review. Any business constraints contained in the original directive remain in force, affecting the bank and its customers until RBI revises or withdraws the order.

Why RBI acted

Capital & exposure normsGovernance oversight