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Ramgarhia Co-operative Bank Ltd., New Delhi

Co-operative bankNew Delhi

A source-linked record of 16 RBI actions, their timing, severity, and recurring regulatory themes.

At a Glance

Total actions
16
Total penalties
Rs 0
Latest action
2 Jul 2026

Enforcement Fingerprint

16 actions across 5 years.

PenaltyRestrictionLicence actionLiftedOther

Action Mix

Business restriction16

Lifecycle Mix

Extension15
Fresh imposition1

Severity Mix

S4 High16

Source-linked record

Action History

16 linked actions

2026

3

Case brief

RBI has extended its existing directions on Ramgarhia Co-operative Bank Limited, New Delhi, for another three months. The underlying terms remain unchanged.

Impact

Ramgarhia Co-operative Bank Limited must continue operating under the existing RBI directions until close of business on October 08, 2026, unless further changed. The bank's activities remain subject to the same unchanged restrictions and any affected customers or counterparties continue to face the consequences of those directions during the extended period.

Why RBI acted

Governance oversight

Regulatory basis

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

Case brief

RBI has extended the existing Section 35A/56 directions on Ramgarhia Co-operative Bank Ltd., New Delhi by another three months. The terms of the directive remain unchanged.

Impact

Ramgarhia Co-operative Bank remains subject to the existing RBI directions until close of business on July 08, 2026, unless revised earlier on review. The bank must continue operating under the same restrictions; customers and counterparties remain affected by whatever limits the underlying directive imposes.

Why RBI acted

Governance oversight

Regulatory basis

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

Restrictions

Business Restriction

Case brief

RBI has extended its existing Section 35A directions on Ramgarhia Co-operative Bank Ltd., New Delhi for another three months. The underlying terms remain unchanged.

Impact

Ramgarhia Co-operative Bank Ltd. continues to operate under the existing RBI directions until close of business on April 08, 2026, subject to any further review or extension. The bank must continue complying with the unchanged restrictions, and stakeholders such as depositors and counterparties remain affected by the ongoing supervisory constraints.

Why RBI acted

Other

Regulatory basis

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

Restrictions

Business Restriction

2025

4

Case brief

RBI extended its existing Section 35A read with Section 56 directions on Ramgarhia Co-operative Bank Limited, New Delhi, for another three months. The underlying terms remain unchanged.

Impact

The bank remains under the same RBI-imposed operating conditions for the extended period through January 08, 2026. Any restrictions contained in the existing directive continue to apply to the bank and affect its operations and customers until RBI reviews or further modifies the order.

Why RBI acted

Other

Regulatory basis

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

Case brief

RBI has extended the existing Section 35A directions on Ramgarhia Co-operative Bank Limited, New Delhi, for another three months. The terms of the directive remain unchanged.

Impact

Ramgarhia Co-operative Bank Limited must continue to operate under the same RBI-imposed restrictions until close of business on October 08, 2025, unless the directive is revised earlier. The extension preserves the existing operational constraints affecting the bank and indirectly continues to affect its customers and counterparties under the unchanged directive terms.

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

Restrictions

Business Restriction

Case brief

RBI extended its existing Section 35A directions on Ramgarhia Co-operative Bank Limited, New Delhi. The order now continues until close of business on July 08, 2025.

Impact

The bank must continue complying with the existing RBI directive through July 08, 2025, subject to further review. The extension maintains whatever operational constraints were already in place under the earlier Section 35A order, affecting the bank and its customers until RBI changes or withdraws the directions.

Why RBI acted

Other

Regulatory basis

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

Case brief

RBI extended the Directions on Ramgarhia Co-operative Bank Ltd, New Delhi for another three months. The bank remains allowed to conduct banking business only subject to restrictions.

Impact

Ramgarhia Co-operative Bank Ltd, New Delhi must continue operating under RBI-imposed restrictions through April 08, 2025 unless the directions are revised earlier. Customers and counterparties should expect the bank’s business to remain constrained during this period.

Why RBI acted

Other

Regulatory basis

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

2024

4

Case brief

RBI has extended its existing Section 35A directions on Ramgarhia Co-operative Bank Ltd., New Delhi. The bank will continue operating under restrictions until January 08, 2025, subject to review.

Impact

Ramgarhia Co-operative Bank Ltd., New Delhi remains under RBI-imposed operational restrictions and must continue complying with the existing directions through January 08, 2025 unless reviewed earlier. The forward-looking impact is on the bank’s ability to conduct normal banking operations, while customers and counterparties remain subject to the restriction regime.

Regulatory basis

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

Case brief

RBI has extended its directions on Ramgarhia Co-operative Bank Ltd., New Delhi for another three months. The bank will continue functioning under restrictions.

Impact

Ramgarhia Co-operative Bank Ltd. remains under RBI-imposed operating restrictions through October 08, 2024, subject to review. The bank can continue banking business only within the limits of the existing directions, and depositors/customers remain affected by those restrictions.

Why RBI acted

Other

Regulatory basis

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

Case brief

RBI has extended the existing Section 35A directions on Ramgarhia Co-operative Bank Ltd., New Delhi for three more months. The bank will continue to function only under restrictions.

Impact

Ramgarhia Co-operative Bank Ltd. must continue operating under RBI-imposed restrictions through July 08, 2024, subject to review. Customers and counterparties remain affected because the bank cannot operate normally; it may only conduct banking business within the confines of the continuing directions.

Why RBI acted

Other

Regulatory basis

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

Case brief

RBI extended the Section 35A directions on Ramgarhia Co-operative Bank Ltd., New Delhi, for three more months. The bank will continue operating only with restrictions.

Impact

The bank remains under RBI-imposed operating restrictions through April 08, 2024 and must comply with the continuing directions. Depositors and counterparties should expect constrained banking operations, although the licence is not cancelled.

Why RBI acted

Governance oversightCapital & exposure norms

Regulatory basis

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

Restrictions

Business Restriction

2023

4

Case brief

RBI extended the existing Directions on Ramgarhia Co-operative Bank Ltd, New Delhi, until January 08, 2024. The bank can continue operating, but only subject to restrictions.

Impact

Ramgarhia Co-operative Bank Ltd, New Delhi remains under RBI restrictions and must operate within the continuing Directions until January 08, 2024, unless further modified or reviewed. Depositors and customers may continue to face operational limits associated with the Directions, while the bank remains restricted in its business activities.

Why RBI acted

Other

Regulatory basis

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

Restrictions

Business Restriction

Case brief

RBI extended the existing Section 35A directions on Ramgarhia Co-operative Bank Ltd, New Delhi, until October 08, 2023. The bank may continue banking business only with restrictions.

Impact

Ramgarhia Co-operative Bank Ltd, New Delhi remains under RBI restrictions and must continue operating within the terms of the Directions until October 08, 2023, unless further modified. Customers and depositors continue to face restricted banking operations, but the bank is not being shut down or stripped of its licence by this release.

Regulatory basis

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

Case brief

RBI extended its existing Directions on Ramgarhia Co-operative Bank Ltd., New Delhi until July 08, 2023. The bank continues to operate with restrictions, and the extension is not a licence cancellation.

Impact

Ramgarhia Co-operative Bank Ltd., New Delhi must continue complying with the existing RBI restrictions through July 08, 2023, subject to review. Depositors, customers, and counterparties remain affected by the operating curbs, but the bank is still permitted to carry on banking business within the imposed limits.

Why RBI acted

Capital & exposure normsOther

Regulatory basis

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

Case brief

RBI extended the existing Section 35A directions on Ramgarhia Co-operative Bank Ltd, New Delhi until April 08, 2023. The bank can continue banking business only subject to restrictions.

Impact

The bank remains under RBI-imposed operating restrictions through April 08, 2023, subject to review. Depositors and other counterparties continue to deal with a bank that can operate only within the directions in force, rather than on a normal unrestricted basis.

Why RBI acted

Other

Regulatory basis

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

Restrictions

Business Restriction

2022

1

Case brief

RBI placed Ramgarhia Co-operative Bank Ltd., New Delhi under Section 35A directions restricting core banking activities. Deposits and withdrawals were also limited, with withdrawals capped at ₹50,000 per depositor subject to conditions.

Impact

The bank must operate under RBI-imposed restrictions and cannot expand lending, raise fresh liabilities/deposits, or freely deploy or dispose of assets without approval. Depositors are affected by the withdrawal cap of ₹50,000 per depositor across accounts, and the restrictions remain in place until the stated period ends or RBI modifies them.

Why RBI acted

Capital & exposure normsLicensing breachOther

Regulatory basis

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

Restrictions

Loan And Advance RestrictionInvestment RestrictionLiability Borrowing RestrictionDeposit Acceptance RestrictionPayment Disbursement RestrictionCompromise Or Arrangement RestrictionAsset Disposal RestrictionWithdrawal Cap