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Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru

Co-operative bankBengaluru, Karnataka

A source-linked record of 23 RBI actions, their timing, severity, and recurring regulatory themes.

At a Glance

Total actions
23
Total penalties
Rs 0
Latest action
6 Aug 2026

Enforcement Fingerprint

23 actions across 7 years.

PenaltyRestrictionLicence actionLiftedOther

Action Mix

Business restriction23

Lifecycle Mix

Extension23

Severity Mix

S4 High23

Source-linked record

Action History

23 linked actions

2026

3

Case brief

RBI has extended the period of Directions under Section 35A read with Section 56 for Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru.

Impact

The bank remains subject to RBI’s existing directions for the extended period and must continue operating within whatever restrictions were already imposed. Customers and counterparties may continue to face the consequences of those restrictions until the directions expire or are otherwise modified or withdrawn.

Regulatory basis

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

Restrictions

Business Restriction

Case brief

RBI has extended the existing Section 35A directions on Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru. The order continues unchanged until August 10, 2026, subject to review.

Impact

The bank remains under the same RBI-imposed operating constraints for the extended period, with the directive continuing unchanged through August 10, 2026. Depositors and other stakeholders remain subject to the same restrictions and the bank's operations continue under RBI review.

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 its existing Section 35A/Section 56 directions for Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru. The extension runs from February 10, 2026 to May 10, 2026, with all other terms unchanged.

Impact

The bank remains under the same RBI-imposed operating conditions until close of business on May 10, 2026, subject to review. Customers and depositors continue to be affected by the ongoing restrictions under the directive; no relaxation is granted in this release.

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

2025

4

Case brief

RBI extended its existing Directions against Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru. The order continues unchanged for three months up to February 10, 2026.

Impact

The bank continues to operate under the existing RBI directions through February 10, 2026, subject to review. Any restrictions already contained in the underlying directive remain in force for the bank and affect its operations and customers accordingly.

Why RBI acted

Governance oversightCapital & exposure norms

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 extended its existing Directions on Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, for another three months. The bank remains under the same operational restrictions until November 10, 2025.

Impact

The bank continues to operate subject to the existing RBI directions through November 10, 2025, unless modified or withdrawn earlier. Customers, depositors, and counterparties remain affected by the ongoing restrictions imposed under the directive.

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 its existing Section 35A directions on Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru. The directive will continue until August 10, 2025, with all other conditions unchanged.

Impact

The bank remains subject to the RBI’s existing operational restrictions until August 10, 2025, unless reviewed earlier. Depositors, customers, and counterparties continue to be affected by the same conditions already in force under the directive.

Regulatory basis

  • Section 35A
  • Section 56
  • sub-section (1) of Section 35A

Restrictions

Business Restriction

Case brief

RBI has extended the existing Section 35A directions on Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, for three more months. The directive now runs until the close of business on May 10, 2025, subject to review.

Impact

The bank must continue operating under the same RBI-imposed conditions until May 10, 2025, unless reviewed earlier. Any restrictions already contained in the directive continue to apply, affecting the bank and its customers/depositors as before.

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

2024

4

Case brief

RBI has extended its existing Directions under Section 35A read with Section 56 against Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru. The order now runs until the close of business on February 10, 2025, subject to review.

Impact

The bank remains subject to the same RBI operating restrictions already in force; only the duration has been extended. The extension continues to constrain the bank’s operations through February 10, 2025, subject to further review by RBI.

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

Case brief

RBI has extended the existing Section 35A directions on Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru. The order now runs until the close of business on November 10, 2024.

Impact

The bank must continue operating under the same RBI-imposed restrictions until the close of business on November 10, 2024, unless modified earlier. Customers and depositors remain subject to the existing conditions of the directive, which continue unchanged during the extension period.

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 existing Section 35A/56 directions on Sri Guru Raghavendra Sahakara Bank Niyamitha for another three months, up to August 10, 2024. The terms of the directive remain unchanged.

Impact

The bank remains subject to the same operational restrictions imposed by the existing directive through August 10, 2024, unless reviewed earlier. Customers, including depositors and other stakeholders, continue to operate under the existing conditions of the RBI order.

Why RBI acted

Other

Regulatory basis

  • Section 35A of the Banking Regulation Act, 1949
  • 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/Section 56 directions on Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru for three more months. The terms of the directive remain unchanged.

Impact

The bank remains subject to the same RBI operating constraints already in force through May 10, 2024, unless further modified or withdrawn. Depositors, borrowers, and counterparties continue to be affected by the restrictions imposed under the directive.

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

2023

4

Case brief

RBI extended the existing directions imposed on Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru. The order continues unchanged from November 10, 2023 to February 10, 2024, subject to review.

Impact

The bank remains subject to the same RBI operating restrictions during the extended period, with the directive continuing until close of business on February 10, 2024 unless reviewed earlier. Customers and counterparties continue to face whatever operational limits were already in place under the unchanged directive.

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

Case brief

RBI extended the existing Section 35A directions on Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, for another three months. The earlier restrictions continue unchanged.

Impact

The bank remains subject to the same RBI-imposed operational restrictions for the extended period through November 10, 2023. Customers and counterparties continue to be affected by whatever limits the existing directions impose, and the bank must comply with the unchanged terms while the order remains under review.

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 its existing directions on Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru for three more months. The earlier terms remain unchanged.

Impact

The bank remains subject to the same RBI operational restrictions for the extended period, with the directive continuing unchanged. The extension affects the bank’s operations and any customers or counterparties dealing with it, until August 10, 2023 or further review.

Why RBI acted

Other

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

Restrictions

Withdrawal CapLending Restriction

Case brief

RBI extended the existing Section 35A directive on Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru. The order continues unchanged for three more months, from February 11, 2023 to May 10, 2023.

Impact

The bank remains under the same RBI operating restrictions for the extended period and must continue complying with the existing directive through May 10, 2023, subject to review. Customers and counterparties are affected only to the extent already imposed by the unchanged terms of the directive.

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

2022

3

Case brief

RBI extended its existing directions on Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru. The order continues unchanged for another three months.

Impact

The bank remains subject to the existing RBI operating restrictions for the additional three-month period, with no change to the underlying terms. Customers and other stakeholders continue to be affected by the same constraints until the extended period ends or RBI reviews the directive.

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 its existing Section 35A directions against Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru. The same restrictions will continue for six more months.

Impact

The bank remains subject to the same RBI operating restrictions for the extended six-month period, starting May 11, 2022 and ending November 10, 2022. The release does not lift any restriction; it keeps the existing supervisory conditions in force for the bank and any affected depositors or customers.

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 Section 35A directions on Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru. The existing restrictions continue for four more months, unchanged.

Impact

The bank remains subject to the existing RBI restrictions for the extended period, with the same operating conditions continuing until May 10, 2022 unless further reviewed or modified. Customers and counterparties remain affected by whatever business limitations are contained in the underlying directions.

Why RBI acted

Other

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

2021

2

Case brief

RBI extended its existing Section 35A directive on Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru. The bank remains subject to the same conditions for six more months.

Impact

The bank must continue complying with the existing RBI directive for the additional six-month period. Its operations remain subject to the same restrictions/conditions already imposed under the directive, affecting the bank and its stakeholders until January 10, 2022 or until further review.

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

Case brief

RBI extended its existing Section 35A directions on Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru. The directions remain in force for another six months, unchanged.

Impact

The bank must continue complying with the RBI directions for the extended period, with no change to the existing operational restrictions. The continuation affects the bank and, indirectly, its customers and counterparties for the duration of 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

2020

3

Case brief

RBI extended the existing restrictions on Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka for another six months. The earlier withdrawal cap and other conditions continue unchanged.

Impact

The bank remains under RBI operating restrictions for the extended period, and depositors continue to face withdrawal limits of up to Rs.1,00,000 per eligible account subject to conditions. The bank must comply with the unchanged directive terms until January 10, 2021 or further review.

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

Withdrawal Cap

Case brief

RBI has enhanced the withdrawal limit for depositors of Sri Guru Raghavendra Sahakara Bank Niyamitha to ₹1 lakh per depositor. The bank remains under the same Section 35A All-Inclusive Directions with all other conditions unchanged.

Impact

Depositors of the bank may now withdraw up to ₹1 lakh per depositor, which allows more than 54% of depositors to withdraw their entire account balance. The bank continues to operate under the existing regulatory restrictions, and all other terms of the directive remain in force.

Why RBI acted

Customer protectionCapital & exposure norms

Regulatory basis

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

Restrictions

Withdrawal Cap

Case brief

RBI placed Sri Gururaghavendra Sahakara Bank Niyamitha under Section 35A restrictions. The bank faces caps on withdrawals and cannot undertake several core banking activities without RBI approval.

Impact

The bank must operate under RBI-imposed restrictions and cannot freely extend credit, take fresh deposits, or dispose of assets without approval. Depositors face withdrawal limits of ₹35,000 per account subject to conditions, and all affected core banking activities remain constrained until RBI modifies or reviews the directions.

Why RBI acted

Capital & exposure normsCustomer protectionOther

Regulatory basis

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

Restrictions

Loan RestrictionInvestment RestrictionLiability RestrictionDeposit RestrictionPayment RestrictionCompromise Or Arrangement RestrictionAsset Disposal RestrictionWithdrawal Cap