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Shri Shivaji Sahakari Bank Ltd., Gadhinglaj, Dist. Kolhapur, Maharashtra

Co-operative bankGadhinglaj, 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
17 May 2013

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

2013

1

Case brief

RBI extended the existing Section 35A directions on Shri Shivaji Sahakari Bank Ltd. for another six months. The earlier terms continue unchanged.

Impact

The bank continues to operate under the existing RBI directions for the extension period, with the same restrictions and conditions as before. The order remains subject to review, and the bank must comply with the unchanged operational constraints affecting its functioning and possibly depositor access.

Why RBI acted

Other

Regulatory basis

  • Section 35A of the Banking Regulation Act, 1949
View Case BriefView RBI Release

2012

1

Case brief

RBI extended the existing Section 35A directions on Shri Shivaji Sahakari Bank Ltd., Gadhinglaj, for another six months. The underlying restrictions continue unchanged.

Impact

The bank remains subject to the existing RBI operating restrictions for the extended period, subject to review. Depositors, customers, and counterparties must continue to deal with the bank under the same constrained terms until the directions expire or are further modified.

Why RBI acted

Other

Regulatory basis

  • Section 35A of the Banking Regulation Act, 1949

Restrictions

Business Restriction
View Case BriefView RBI Release