The Karmala Urban Co-operative Bank Limited, Solapur

RBI has withdrawn the Section 35A directions imposed on The Karmala Urban Co-operative Bank Ltd., Solapur. The withdrawal takes effect from the close of business on April 09, 2025.

The bank is no longer subject to the withdrawn Section 35A operating directions from the close of business on April 09, 2025. There is no new restriction imposed on the bank or its customers in this release.

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

RBI has extended its existing directions against The Karmala Urban Co-operative Bank Ltd., Solapur, Maharashtra. The restrictions continue unchanged until the close of business on April 29, 2025.

The bank must continue operating under the same RBI-imposed restrictions until April 29, 2025, unless the directive is reviewed or modified earlier. Depositors, customers, and counterparties remain subject to whatever operational constraints were already in place under the original directions.

• 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

RBI extended its existing Section 35A directions on The Karmala Urban Co-operative Bank Ltd., Solapur, for another three months. The terms remain unchanged.

The bank remains subject to the same RBI-imposed operating conditions until January 29, 2025 unless further modified. Its management must continue complying with the existing restrictions, and customers/depositors continue to face the practical effects of the directive during the extended period.

• 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

RBI has extended its existing directions against The Karmala Urban Co-operative Bank Limited, Solapur, Maharashtra. The directive now runs until the close of business on October 29, 2024.

The bank remains subject to the existing RBI directions, with the same restrictions continuing through October 29, 2024 unless revised earlier on review. Customers and counterparties must continue to operate under the conditions imposed by the directive.

• 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

RBI extended its existing Section 35A directions against The Karmala Urban Co-operative Bank Limited, Solapur, Maharashtra. The directive now runs until the close of business on July 29, 2024, subject to review.

The bank remains subject to the same RBI restrictions and operating conditions already in force, with the directive continuing through July 29, 2024 unless reviewed earlier. The bank must continue complying with all unchanged terms of the existing directions, and its operations remain constrained by those conditions.

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

RBI has extended its existing directions on The Karmala Urban Co-operative Bank Limited for another three months. The earlier conditions remain unchanged.

The bank must continue operating under the same RBI-imposed restrictions until the close of business on April 29, 2024, unless the directive is reviewed or modified again. Customers and counterparties remain subject to the existing constraints in the directive.

• 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

RBI has extended its existing directions against The Karmala Urban Co-operative Bank Limited, Solapur, Maharashtra. The directive now continues until the close of business on January 29, 2024.

The bank remains subject to the existing RBI operating restrictions through January 29, 2024, subject to review. The release does not indicate any relaxation; the prior conditions continue to apply to the bank and affect its operations until the new end date.

• 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

RBI extended its existing directions on The Karmala Urban Co-operative Bank Limited, Solapur, for another three months. The earlier terms of the directive continue unchanged.

The bank remains subject to the same RBI operating restrictions during the extended period through October 29, 2023, unless reviewed or modified earlier. Depositors, customers, and counterparties continue to deal with the bank under the existing constrained regime.

• 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

RBI has extended its existing Section 35A directions on The Karmala Urban Co-operative Bank Limited, Solapur for another three months. The bank remains subject to the same unchanged terms and conditions.

The bank must continue complying with the existing RBI directions through July 29, 2023, with no change to the underlying conditions. The restriction remains in force for the institution and indirectly affects its normal operations until the extended period ends or RBI reviews it further.

• 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

RBI has extended the All Inclusive Directions imposed on The Karmala Urban Co-operative Bank Limited, Solapur. The restrictions will continue for three more months, from January 30, 2023 to April 29, 2023, subject to review.

The bank remains subject to the existing RBI operational restrictions until April 29, 2023 unless revised earlier on review. The extension continues to constrain the bank’s operations, and the restrictions remain in force for the bank and its customers during the extended period.

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

RBI imposed Section 35A directions on The Karmala Urban Co-operative Bank Ltd., Solapur. The bank faces restrictions on lending, deposits, liabilities, payments, and asset disposal, with depositor withdrawals capped at ₹10,000.

The bank must operate under RBI-imposed restrictions immediately from July 29, 2022 for six months, unless modified earlier. Borrowing, fresh deposits, lending, payments, and asset disposal are constrained, while depositors face a withdrawal cap of ₹10,000 across accounts subject to conditions.

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