A source-linked record of 2 RBI actions, their timing, severity, and recurring regulatory themes.
2 actions across 2 years.
2016
1 action
2017
1 action
Source-linked record
2 linked actions
RBI extended the existing directions on Jamkhed Merchants Co-operative Bank Ltd., Ahmednagar, Maharashtra, through June 12, 2017. The original restrictions remain unchanged.
The bank continues to operate under the same RBI-imposed restrictions until June 12, 2017, unless reviewed earlier. Customers and depositors remain subject to the operational limits contained in the original directive.
RBI extended its directions on Jamkhed Merchants Co-operative Bank Ltd., Ahmednagar, Maharashtra, and kept the depositor withdrawal cap in place. The bank remains under operational restrictions.
The bank continues to operate under RBI restrictions, and depositors can withdraw only within the prescribed ₹10,000 cap per account, subject to set-off for any dues owed to the bank. The bank must separately ring-fence funds for depositor payouts and comply with the unchanged terms of the directive through April 12, 2017 unless further modified or extended by RBI.