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Thodupuzha Urban Co-operative Bank Limited, Kerala

Co-operative bankThodupuzha, Kerala

A source-linked record of 8 RBI actions, their timing, severity, and recurring regulatory themes.

At a Glance

Total actions
8
Total penalties
Rs 0
Latest action
20 Jan 2025

Enforcement Fingerprint

8 actions across 3 years.

PenaltyRestrictionLicence actionLiftedOther

Action Mix

Business restriction7
Action lifted1

Lifecycle Mix

Extension7
Lifted / withdrawn1

Severity Mix

S4 High7
S0 Lifted1

Source-linked record

Action History

8 linked actions

2025

1

Case brief

RBI withdrew the Section 35A directions earlier issued to Thodupuzha Urban Co-operative Bank Ltd., Kerala. The withdrawal takes effect from close of business on January 20, 2025.

Impact

The earlier RBI operating directions no longer apply from the stated effective time, so the bank is restored from that restriction. There is no ongoing withdrawal cap or other forward-looking operational constraint described in this release.

Why RBI acted

Other

Regulatory basis

  • 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

2024

4

Case brief

RBI extended its existing Section 35A directions against Thodupuzha Urban Co-operative Bank Ltd., Kerala for another three months. The underlying terms remain unchanged.

Impact

The bank remains under the same RBI operating restrictions for an additional three months, with no relaxation of the existing conditions. The extension continues to affect the bank's operations and may constrain depositor and customer transactions to the extent already specified in the underlying directions.

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 extended its existing Section 35A directions on Thodupuzha Urban Co-operative Bank Ltd, Kerala. The order now continues through November 23, 2024, with unchanged terms.

Impact

The bank remains subject to the same RBI-imposed operating restrictions for an additional three months, subject to review. Customers and counterparties must continue to operate within the constraints of the existing directions until November 23, 2024, unless the RBI revises or withdraws them earlier.

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 on Thodupuzha Urban Co-operative Bank Ltd., Kerala by three months. The earlier terms continue unchanged until August 23, 2024, subject to review.

Impact

The bank remains subject to the existing RBI operating directions through close of business on August 23, 2024, unless further modified or withdrawn. Any restrictions imposed by the directive continue to apply to the bank and affect its operations during the extended period.

Why RBI acted

Governance oversightOther

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 Thodupuzha Urban Co-operative Bank Ltd., Kerala for another three months. The bank remains subject to the same unchanged conditions.

Impact

The bank must continue to comply with the existing Section 35A directions for the extended period through May 23, 2024. Any operational restrictions contained in the underlying directive remain in force, affecting the bank and its customers until RBI reviews the order again.

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

3

Case brief

RBI extended its existing Section 35A directions on Thodupuzha Urban Co-operative Bank Ltd., Kerala for three more months. The earlier conditions continue unchanged.

Impact

The bank remains subject to the existing RBI operating restrictions until close of business on February 23, 2024, unless reviewed earlier. Customers and counterparties must continue to deal with the bank under the same conditions as before; no new relaxation is announced.

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 directions on Thodupuzha Urban Co-operative Bank Ltd., Kerala for another three months. The underlying terms of the directive remained unchanged.

Impact

The bank remains subject to the same RBI-imposed operational conditions during the extended period through November 23, 2023. Its activities continue to be constrained under the standing directions, with no change to the existing terms, and the extension remains subject to 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

Restrictions

Business Restriction

Case brief

RBI extended the Section 35A directions on Thodupuzha Urban Co-operative Bank Ltd, Kerala for another three months. The earlier terms remain unchanged.

Impact

The bank continues to operate under the same RBI-imposed restrictions for the extended three-month period ending August 23, 2023. Any operational limits, compliance obligations, or customer-impacting conditions in the original directions remain in force until reviewed or further modified by RBI.

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