Maratha Sahakari Bank Limited

RBI extended the existing Section 35A directions on Maratha Sahakari Bank Limited, Mumbai, Maharashtra, until May 31, 2023. The terms and conditions of the original directions remain unchanged.

The bank continues to operate under the same RBI-imposed restrictions until May 31, 2023, subject to further review. Depositors, customers, and counterparties remain subject to the operational limits contained in the underlying directions.

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

RBI extended the existing directions on Maratha Sahakari Bank Limited, Mumbai, Maharashtra, through February 28, 2023. The prior terms remain unchanged.

Maratha Sahakari Bank Limited remains subject to the existing RBI Directions until February 28, 2023, unless modified earlier on review. The bank must continue complying with the unchanged restrictions, and depositors/customers remain affected by the ongoing supervisory controls imposed by RBI.

• Section 35 A
• Section 56 of the Banking Regulation Act, 1949
• sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949

RBI extended the existing Section 35A directions on Maratha Sahakari Bank Limited, Mumbai, until November 30, 2022. The earlier restrictions continue unchanged.

The bank must continue operating under RBI-imposed conditions until November 30, 2022, unless revised earlier. Customers, depositors, and other stakeholders remain affected by the ongoing operational restrictions, which are unchanged from the prior order.

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

RBI extended its existing Section 35A directions on Maratha Sahakari Bank Limited, Mumbai, until May 31, 2022. The earlier terms and conditions remain unchanged.

The bank continues to operate under the existing RBI restrictions through May 31, 2022, unless further extended or modified. Customers and depositors remain subject to the same operational limits and conditions previously imposed under the directions.

• Section 35 A
• Section 56 of the Banking Regulation Act, 1949
• sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949

RBI has extended the Section 35A directions on Maratha Sahakari Bank Ltd., Mumbai until February 28, 2022. The existing terms and conditions remain unchanged.

Maratha Sahakari Bank Ltd., Mumbai remains subject to the same RBI restrictions until February 28, 2022, unless further modified. The extension keeps the bank operating under the existing supervisory conditions, affecting its business as governed by the directions; no new penalty is imposed in this release.

• Section 35 A
• Section 56
• sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949

RBI extended the existing Section 35A directions on Maratha Sahakari Bank Ltd., Mumbai until November 30, 2021. The earlier restrictions continue unchanged.

The bank remains subject to the same RBI-imposed operational restrictions through November 30, 2021, unless further revised or withdrawn. Customers and counterparties continue to face the constraints created by the directions, and the bank must operate within the unchanged terms of the existing order.

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

RBI extended the existing Section 35A directions on Maratha Sahakari Bank Ltd., Mumbai, Maharashtra until September 30, 2021. The prior conditions continue unchanged.

The bank continues to operate under the same RBI-imposed restrictions through September 30, 2021 unless modified earlier on review. Depositors, customers, and counterparties remain subject to the operational limits already in place under the directions.

• Section 35 A
• Section 56
• sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949

RBI extended its existing directions on Maratha Sahakari Bank Ltd., Mumbai, through June 30, 2021. The underlying restrictions remain unchanged.

The bank continues to operate under the existing RBI restrictions until June 30, 2021, unless modified earlier on review. Customers, depositors, and counterparties remain subject to the operational limits already imposed under the directions, while the bank must continue complying with the unchanged terms of the RBI order.

• Section 35 A
• Section 56 of the Banking Regulation Act, 1949
• sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949

RBI extended the existing directions on Maratha Sahakari Bank Ltd., Mumbai, Maharashtra until March 31, 2021. The terms of the original order remained unchanged.

The bank remains subject to the RBI’s operational restrictions under the existing Section 35A directions until March 31, 2021, unless modified earlier on review. Customers and counterparties must continue to operate within the same restrictions imposed by the original order.

• Section 35 A
• Section 56 of the Banking Regulation Act, 1949
• sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949

RBI extended the existing Section 35A directions on Maratha Sahakari Bank Ltd., Mumbai for another five months. The underlying restrictions remain in force unchanged.

The bank remains under RBI-imposed operating restrictions for the extended period, with the existing terms continuing unchanged until December 31, 2020 unless reviewed earlier. The restrictions affect the bank's operations and, indirectly, its customers and counterparties while the directions remain in force.

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

RBI extended the existing Section 35A directions on The Maratha Sahakari Bank Ltd., Mumbai, by four months. The bank remained subject to the same restrictions from April 1, 2020 to July 31, 2020.

The bank continues to operate under the same RBI-imposed Section 35A restrictions until July 31, 2020, unless reviewed or modified earlier. Customers and counterparties remain affected by the existing operational constraints; no relaxation of the prior directions is implied by this extension.

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

RBI extended the Section 35A directions on The Maratha Sahakari Bank Ltd., Mumbai, for another three months until March 31, 2020. The earlier conditions continue unchanged.

The bank remains subject to the existing operational restrictions for the extension period through March 31, 2020, with all prior conditions continuing unchanged. Customers and counterparties must continue to deal with the bank under the same RBI-imposed limitations in force under the Section 35A directive.

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

RBI extended its existing Section 35A directions on The Maratha Sahakari Bank Ltd., Mumbai for another three months. The bank remains under the same operating restrictions through December 31, 2019.

The bank continues to operate under RBI-imposed Section 35A restrictions for the extension period, so its activities remain constrained until the directions are reviewed again. Depositors, customers, and counterparties remain subject to the restrictions already embedded in the directive.

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

RBI extended its Section 35A directions on The Maratha Sahakari Bank Ltd., Mumbai, for another six months. The bank remains under the same restrictions already in force.

The bank continues to operate under RBI-imposed restrictions for the extension period, subject to review. Depositors, customers, and counterparties remain affected by the ongoing limitations until September 30, 2019 or until RBI revises the directions.

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

RBI extended its existing Section 35A directions on The Maratha Sahakari Bank Ltd., Mumbai, Maharashtra. The order remains in force from December 1, 2018 through March 31, 2019, subject to review.

The bank remains under RBI-imposed operating restrictions for the extension period, and the earlier directions continue to govern its activities until March 31, 2019 unless reviewed or modified sooner. Depositors and other stakeholders remain subject to the same restrictions that were already in place under the Section 35A directions.

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

RBI extended the existing Section 35A directions on The Maratha Sahakari Bank Ltd, Mumbai, for another six months. The bank remains under operating restrictions subject to review.

The bank continues to operate under RBI-imposed restrictions that remain in force until August 31, 2018 unless reviewed or modified earlier. Customers, depositors, and counterparties remain affected by the ongoing operational constraints attached to the Section 35A directions.

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

RBI extended its existing Section 35A directions against Maratha Sahakari Bank Ltd., Mumbai. The earlier restrictions continue unchanged for another six months.

Maratha Sahakari Bank Ltd., Mumbai remains subject to the same RBI-imposed operating restrictions for the extended period through February 28, 2018, subject to review. The bank must continue operating within the existing terms of the directive, and customers remain affected by those restrictions until they are lifted or revised.

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

RBI extended and modified its Section 35A directions on Maratha Sahakari Bank Ltd., Mumbai. Deposit withdrawals remain capped and subject to conditions.

Maratha Sahakari Bank Ltd. remains under RBI-imposed operational restrictions. Depositors can withdraw only up to the revised cap of ₹20,000 per account, and any set-off against borrowal accounts is allowed only if the loan agreement and other stated conditions are met; the bank must maintain earmarked funds for depositor payouts through the extended restriction period ending August 31, 2017.

• Section 35A of the Banking Regulation Act, 1949
• sub-sections (1) and (2) of Section 35A of the Banking Regulation Act, 1949
• section 56 of the B.R. Act, 1949

RBI placed Maratha Sahakari Bank Ltd., Mumbai, under Section 35A directions restricting core banking activities. Withdrawals from depositor accounts were capped at Rs 1,000, subject to conditions.

The bank must operate under RBI-imposed restrictions on lending, investment, liabilities, deposits, payments, and asset disposal. Depositors face a withdrawal cap of Rs 1,000 per account subject to conditions, while the bank can continue banking business only within the boundaries of the directions until RBI modifies them.

• Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies)
• Section 56 of the Banking Regulation Act, 1949