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Pune Sahakari Bank Ltd., Shivajinagar, Pune, Maharashtra

Co-operative bankPune, Maharashtra

A source-linked record of 11 RBI actions, their timing, severity, and recurring regulatory themes.

At a Glance

Total actions
11
Total penalties
Rs 0
Latest action
16 Oct 2025

Enforcement Fingerprint

11 actions across 3 years.

PenaltyRestrictionLicence actionLiftedOther

Action Mix

Business restriction10
Action lifted1

Lifecycle Mix

Extension9
Fresh imposition1
Lifted / withdrawn1

Severity Mix

S4 High10
S0 Lifted1

Source-linked record

Action History

11 linked actions

2025

4

Case brief

RBI withdrew its Section 35A/Section 56 directions against Pune Sahakari Bank Ltd., Shivajinagar, Pune. The withdrawal takes effect from close of business on October 16, 2025.

Impact

The bank is no longer subject to the withdrawn Section 35A/Section 56 directions from the effective date. This restores normal operating freedom relative to the prior restrictions, subject only to any other applicable regulatory requirements.

Why RBI acted

Other

Regulatory basis

  • Section 35A
  • Section 56
  • sub-section (2) of Section 35A read with Section 56 of the Banking Regulation Act, 1949

Case brief

RBI has extended the existing Directions on Pune Sahakari Bank Ltd., Shivajinagar, Pune, until December 10, 2025. The earlier restrictions continue unchanged.

Impact

Pune Sahakari Bank will continue operating under the same RBI-imposed restrictions until close of business on December 10, 2025, unless further changed. Depositors, customers, and counterparties remain subject to the restrictions already in force under the existing directive.

Why RBI acted

Governance oversightCapital & exposure norms

Regulatory basis

  • 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

Restrictions

Business Restriction

Case brief

RBI has extended the existing Section 35A directions on Pune Sahakari Bank Ltd., Shivajinagar, Pune until September 10, 2025. The earlier restrictions continue unchanged.

Impact

The bank remains subject to RBI-imposed operating constraints through September 10, 2025, unless revised earlier on review. Depositors, customers, and counterparties continue to face the effects of the existing restrictions, and the bank must operate within the unchanged terms of the directive.

Why RBI acted

Governance oversightCapital & exposure norms

Regulatory basis

  • Section 35 A read with 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

Case brief

RBI extended the existing Section 35A directions on Pune Sahakari Bank, keeping the restriction in force until June 10, 2025. The terms remain unchanged.

Impact

Pune Sahakari Bank continues to operate under the same RBI-imposed restrictions until June 10, 2025, unless further extended, modified, or withdrawn. Depositors, customers, and counterparties remain subject to the existing limitations under the Directions, and the bank must continue complying with all unchanged conditions.

Why RBI acted

Governance oversightCapital & exposure norms

Regulatory basis

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

2024

4

Case brief

RBI has extended the existing Directions on Pune Sahakari Bank Ltd., Shivajinagar, Pune. The restrictions continue unchanged until close of business on March 10, 2025.

Impact

The bank remains under RBI-imposed operating conditions through March 10, 2025, and must continue complying with the existing directions without change. Customers and counterparties remain affected by the ongoing restrictions for the duration of the extension.

Why RBI acted

Capital & exposure normsGovernance oversightCustomer protection

Regulatory basis

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

Restrictions

Business Restriction

Case brief

RBI extended the existing Directions on Pune Sahakari Bank Ltd. by three months, keeping all other conditions unchanged. The bank remains under regulatory restrictions until December 10, 2024, subject to review.

Impact

Pune Sahakari Bank Ltd. continues to operate under RBI Directions, with the restrictions remaining in force until close of business on December 10, 2024 unless revised earlier. The extension affects the bank and its customers by keeping the existing operational constraints in place; the order is subject to review.

Why RBI acted

Other

Regulatory basis

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

Restrictions

Business Restriction

Case brief

RBI extended its existing Directions on Pune Sahakari Bank Ltd. for another three months, from June 10, 2024 to September 10, 2024. All other terms of the earlier order remain unchanged.

Impact

The bank remains under RBI operating restrictions until close of business on September 10, 2024, unless revised earlier on review. Customers, depositors, and other stakeholders continue to be affected by the same existing conditions attached to the Directions, with no relaxation announced in this release.

Why RBI acted

Other

Regulatory basis

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

Case brief

RBI has extended the existing Directions on Pune Sahakari Bank Ltd., Shivajinagar, Pune, for another three months. The terms remain unchanged.

Impact

The bank continues to operate under the existing RBI-imposed restrictions for the additional three-month period. Customers and counterparties remain subject to whatever operational limits are contained in the underlying directions, which are unchanged by this extension.

Why RBI acted

Other

Regulatory basis

  • 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

2023

3

Case brief

RBI extended the existing directions on Pune Sahakari Bank Ltd. for three more months. The earlier restrictions continue unchanged.

Impact

The bank remains subject to the existing RBI operational restrictions through March 10, 2024 unless modified or withdrawn earlier. Customers and counterparties should expect the same constraints already imposed under the directions to continue during the extension period.

Why RBI acted

Other

Regulatory basis

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

Restrictions

Business Restriction

Case brief

RBI extended the existing Section 35A directions on Pune Sahakari Bank Ltd. for three more months. The underlying terms remain unchanged.

Impact

The bank remains subject to the same operating constraints imposed by the existing directions through December 10, 2023, unless revised earlier by RBI. Depositors and other stakeholders continue to be affected by the restrictions in force under the original order.

Why RBI acted

Other

Regulatory basis

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

Restrictions

Business Restriction

Case brief

RBI placed Pune Sahakari Bank under Section 35A operating restrictions. The bank faces caps on core activities, including lending, deposits, liabilities, and asset disposal, with limited withdrawal allowance for depositors.

Impact

The bank’s core operations are constrained immediately: it cannot expand lending, take fresh deposits, borrow freely, or dispose of assets without RBI approval. Depositors face withdrawal limits, though eligible customers may access DICGC insurance claims up to ₹5 lakh; the restrictions remain in force for six months from the close of business on March 10, 2023 unless modified by RBI.

Why RBI acted

Capital & exposure normsLicensing breach

Regulatory basis

  • Section 35 A of the Banking Regulation Act, 1949
  • Section 56 of the Banking Regulation Act, 1949
  • Section 18A of the DICGC Act (amendment) 2021

Restrictions

Lending RestrictionInvestment RestrictionLiability RestrictionDeposit Acceptance RestrictionPayment RestrictionCompromise Or Arrangement RestrictionAsset Disposal RestrictionWithdrawal Cap