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Shri Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, District - Pune, Maharashtra

Co-operative bankPimple Nilakh, 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
11 Sept 2016

Enforcement Fingerprint

2 actions across 2 years.

PenaltyRestrictionLicence actionLiftedOther

Action Mix

Business restriction2

Lifecycle Mix

Extension2

Severity Mix

S4 High2

Source-linked record

Action History

2 linked actions

2016

1

Case brief

RBI extended the existing directions on Shri Chhatrapati Urban Co-operative Bank Ltd. for another six months. The bank remains subject to the same restrictions, unchanged.

Impact

The bank continues to operate under the same RBI-imposed directions through March 10, 2017, subject to review. Customers and counterparties must continue to comply with the restrictions in the directive, and the bank does not get any relaxation in operations or financial constraints from this release.

Why RBI acted

Capital & exposure normsGovernance oversight

Restrictions

Withdrawal CapLending RestrictionDeposit RestrictionBranch Expansion Ban

2015

1

Case brief

RBI extended the existing directions on Shri Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, Pune, for another six months. The other terms and conditions remain unchanged.

Impact

The bank remains under RBI operating restrictions for an additional six months from the close of business on December 10, 2015, subject to review. The release does not describe any relaxation; the bank continues to operate only under the existing conditions, which likely affects customers and counterparties through the continuing restrictions.

Why RBI acted

Other

Restrictions

Business Restriction