# depositors of ckp bank

[weelectronicstudentreviewstuff]

Over 99 per cent depositors of CKP Bank will get full payment: RBI Image Source : FILE Over 99 per cent depositors of CKP Bank will get full payment: RBI…

[guptachandanassociates]

HC upholds cancellation of licence of CKP Co-operative Bank by RBI due to its adverse financial position

HC upholds cancellation of licence of CKP Co-operative Bank by RBI due to its adverse financial position

FEMA, BANKING amp; INSURANCE : Where RBI on pointing out that CKP Bank was not maintaining required CRAR, there were large number of irregularities on part of CKP Bank in conducting its affairs thereby causing tremendous financial loss to depositors, erosion of assets including depositors and that said CKP Bank did not have adequate assets to meet its liabilities requestedFEMA, BANKING amp;…

[lawyer2ca]

The Reserve Bank of India (RBI) on Saturday said it has cancelled the licence of Mumbai-based CKP Co-operative Bank Ltd as its financial position is unsustainable and also not in a position to pay its depositors - @lawyer2ca®️ - Consequent to the cancellation of its licence, the Bank is prohibited from ‘banking’ which includes acceptance of deposits and repayment of deposits as defined in the Banking Regulation Act, 1949 with immediate effect, the central bank said in a statement. - "On liquidation, every depositor is entitled to repayment of his/her deposits up to a monetary ceiling of Rs 5,00,000 from the Deposit Insurance and Credit Guarantee Corporation (DICGC) as per usual terms and conditions," the RBI said. Besides, the central bank didn't find a credible commitment towards revival and said that the affairs of the bank "were and are" being conducted in a manner detrimental to the public interest. The Registrar of Co-operative Societies, Pune was directed to wind up the bank. - https://m.rbi.org.in//Scripts/BS_PressReleaseDisplay.aspx?prid=49756 . . . . . #Rbi #banks #liquidation #Lawyer2Ca #Lawyer2Caventures #economics #finance #india #government #CKP #mumbai #banking #societies #business #trade (at Lawyer2CA) https://www.instagram.com/p/B_wnDXXpP1B/?igshid=1hrzajdai37re

[vsplusonline]

CKP बैंक के 99.2 फीसदी डिपॉजिटर्स को वापस मिलेगा पूरा पैसा, 5 लाख रुपये तक सुरक्षित

New Post has been published on https://apzweb.com/ckp-%e0%a4%ac%e0%a5%88%e0%a4%82%e0%a4%95-%e0%a4%95%e0%a5%87-99-2-%e0%a4%ab%e0%a5%80%e0%a4%b8%e0%a4%a6%e0%a5%80-%e0%a4%a1%e0%a4%bf%e0%a4%aa%e0%a5%89%e0%a4%9c%e0%a4%bf%e0%a4%9f%e0%a4%b0%e0%a5%8d/

CKP बैंक के 99.2 फीसदी डिपॉजिटर्स को वापस मिलेगा पूरा पैसा, 5 लाख रुपये तक सुरक्षित

डिपॉजिटर्स को ​DICGC की तरफ से मिलेगा पैसा

RBI के एक अधिकारी ने रविवार को जानकारी दी कि सीकेपी को-ऑपरेटिव बैंक (CKP Cooperative Bank) के 99.2 फीसदी डिपॉजिटर्स को उनका पूरा पैसा वापस मिल जाएगा. इस बैंक में कुल 1.32 लाख डिपॉजिटर्स हैं.

नई दिल्ली. सीकेपी को-ऑपरेटिव बैंक (CKP Cooperative Bank) का लाइसेंस रद्द करने के बाद RBI ने रविवार को बताया कि 99.2 फीसदी ग्राहकों को उनकी पूरी जमा रकम वापस मिल जाएगी. RBI ने बताया कि इस बैंक में 1.32 लाख ग्राहक हैं. इनमें से 99.2 फीसदी ऐसे डिपॉजिटर्स हैं, जिनके खाते में 5 लाख रुपये या इससे कम रकम जमा हैं.

इस बैंक के लाइसेंस रद्द हो जाने के बाद जब लिक्विडेशन प्रोसेस (Liquidation Process) शुरू होगी, तब डिपॉजिटर्स को उनकी जमा रकम DICGC द्वारा वापस की जाएगी. नियमों के मुताबिक, DICGC डिपॉजिटर्स द्वारा जमा रकम के आधार पर अधिकतम 5 लाख रुपये तक का ही भुगतान करेगा.

CKP को-ऑपरेटिव बैंक को लेकर RBI के CGM-कम्युनिकेशंस योगेश दयाल ने ट्वीटर पर लिखा, ‘मुंबई स्थित सीकेपी को-ऑपरेटिव बैंक 2014 से ही RBI के इनक्लुसिव डायरेक्शन के अंतर्गत है. कोई भी रिवाइवल स्कोप नहीं होने की वजह से आरबीआई ने इसका लाइसेंस रद्द कर दिया है. इस बैंक में कुल 1,32,170 डिपॉजिटर्स में से 99.2 फीसदी ​डिपॉजिटर्स को डीआईसीजीसी की तरफ से फुल पेमेंट दिया जाएगा.’

CKP Co-op Bank Ltd., Mumbai has been under All Inclusive Directions of @RBI since 2014. As there was no scope for revival of the bank, its licence has been cancelled. Out of 132170 depositors of the bank, about 99.2% will get full payment of their deposits from DICGC.

— Yogesh Dayal (@YogeshDayal17) May 3, 2020

यह भी पढ़ें: इंश्योरेंस खरीदने जा रहे हैं तो रुक जाएं, इन चीजों के साथ मिलता है फ्री कवर

इसी साल सरकार ने बढ़ाई थी ​बीमा की रकम इसी साल बजट भाषण में वित्त मंत्री निर्मला सीतारमण (FM Nirmala Sitharaman) ने ​बैंकों में डिपॉजिटर्स की जमा रकम पर मिलने वाले बीमा को 1 लाख रुप���े से बढ़ाकर 5 लाख रुपये करने का ऐलान किया था. इसके मुताबिक, अगर कोई बैंक दिवालिया हो जाता है या बंद हो जाता है तो उस बैंक के डिपॉजिटर्स को DICGC अधिकतम 5 लाख रुपये तक का भुगतान करेगा.

CKP को-ऑपरेटिव बैंक की यह हालत छोटे और मझोले रियल एस्टेट डेवलपर्स को लोन देने से हुई है. बैंक में लगभग 97 फीसदी एनपीए है. 30 अप्रैल को बैंक की लोन बुक 158 करोड़ रुपये और 486 करोड़ रुपये जमा थे. ताजा जारी आंकड़ों के मुताबिक, बैंक का निगेटिव नेटवर्थ 239 करोड़ रुपये था. पंजाब और महाराष्ट्र कोऑपरेटिव बैंक (PMC Bank) की तरह इस बैंक की विफलता भी जमाकर्ताओं के लिए एक बड़ा झटका है.

यह भी पढ़ें: लॉकडाउन- नौकरी जाने की टेंशन जाएं भूल!घर बैठे इस बिजनेस से करें लाखों में कमाई

CKP बैंक के जेनरल मोरेश्वर धामोडकर ने मनीकंट्रोल डॉट कॉम को कहा कि हमने अपनी तरफ से पूरी कोशिश की. जो हुआ है वह दुर्भाग्यपूर्ण है. बता दें कि RBI साल 2014 से ही लगातार CKP बैंक पर प्रतिबंध की अवधि को बढ़ा रहा है. इसके पहले 31 मार्च को अवधि बढ़ाकर 31 मई की गई थी, परंतु आरबीआई ने उसके पहले ही बैंक का लाइसेंस रद्द कर दिया है.

यह भी पढ़ें:  ‘को-वर्किंग स्पेस पर अस्थायी हो सकता है कोरोना संकट का असर’

News18 Hindi पर सबसे पहले Hindi News पढ़ने के लिए हमें यूट्यूब, फेसबुक और ट्विटर पर फॉलो करें. देखिए मनी से जुड़ी लेटेस्ट खबरें.

First published: May 3, 2020, 5:41 PM IST

function serchclick() var seacrhbox = document.getElementById("search-box"); if (seacrhbox.style.display === "block") seacrhbox.style.display = "none"; else seacrhbox.style.display = "block";

document.addEventListener("DOMContentLoaded", function() document.getElementById("search-click").addEventListener("click", serchclick); /* footer brand slider start */ new Glide(document.querySelector('.ftrchnl-in-wrap'), type: 'carousel', perView: 8, ).mount(); ); ! function(f, b, e, v, n, t, s) if (f.fbq) return; n = f.fbq = function() n.callMethod ? n.callMethod.apply(n, arguments) : n.queue.push(arguments) ; if (!f._fbq) f._fbq = n; n.push = n; n.loaded = !0; n.version = '2.0'; n.queue = []; t = b.createElement(e); t.async = !0; t.src = v; s = b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t, s) (window, document, 'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbq('init', '482038382136514'); fbq('track', 'PageView'); Source link

[mehanstarknews]

Over 99 per cent depositors of CKP Bank will get full payment: RBI

Over 99 per cent depositors of CKP Bank will get full payment: RBI

Image Source : FILE

Over 99 per cent depositors of CKP Bank will get full payment: RBI

Over 99 per cent of CKP Co-Op Bank’s 1.32 lakh depositors will get full money through Deposit Insurance and Credit Guarantee Corporation (DICGC), the Reserve Bank said on Sunday.

The clarification will help assuage concerns over the fate of the depositors following the cancellation of the city-based…

[dailynewsupdatesindia]

RBI cancels licence of Mumbai-based CKP Cooperative Bank The RBI on Friday cancelled the licence of CKP Cooperative Bank due to its financial instability. In an order, the central bank has maintained that the CKP Co-operative Bank Ltd was not in a position to pay its present and future depositors.

[flyingbizdeals]

RBI Cancels Licence of CKP Co-operative Bank; Depositors to Get Up to Rs 5 Lakh

RBI Cancels Licence of CKP Co-operative Bank; Depositors to Get Up to Rs 5 Lakh

Reserve Bank of India.

The RBI said the bank is not in a position to pay its current or future depositors and has violated regulatory norms for minimum capital requirement.

News18.com New Delhi

Last Updated: May 2, 2020, 9:37 PM IST

The Reserve Bank of India (RBI) on Saturday suspended the operations of CKP Co-operative Bank and cancelled its licence.

“The financial…

[amitbchoudhury]

Failed CKP Co-operative Bank depositors among first beneficiaries of higher deposit cover

Failed CKP Co-operative Bank depositors among first beneficiaries of higher deposit cover

[ad_1]

Mumbai: The depositors of the Mumbai-based failed CKP Co-operative Bank will be among the first beneficiaries of higher deposit insurance cover of Rs 5 lakh. The bank’s license was cancelled by the Reserve Bank last week and the government hiked the minimum deposit insurance cover from Rs 1 lakh to Rs 5 lakh in its budget announcement in February.

The bank which was under RBI’s…

[ftmconsultinginc]

via FTM Consulting

[weelectronicstudentreviewstuff]

RBI Cancels Licence of Mumbai-based CKP Co-operative Bank; Depositors to Get Up to Rs 5 Lakh

RBI Cancels Licence of Mumbai-based CKP Co-operative Bank; Depositors to Get Up to Rs 5 Lakh

The Reserve Bank of India (RBI) on Saturday said it has cancelled the licence of Mumbai-based CKP Co-operative Bank Ltd as its financial position is unsustainable and also not in a position to pay its depositors.

The bank is not satisfying the stipulated minimum regulatory capital requirement of 9 per cent, the RBI said while cancelling the licence from the close of business on April 30.

“Con…

[guptachandanassociates]

HC upholds cancellation of licence of CKP Co-operative Bank by RBI due to its averse financial position

HC upholds cancellation of licence of CKP Co-operative Bank by RBI due to its averse financial position

FEMA, BANKING amp; INSURANCE : Where RBI on pointing out that CKP Bank was not maintaining required CRAR, there were large number of irregularities on part of CKP Bank in conducting its affairs thereby causing tremendous financial loss to depositors, erosion of assets including depositors and that said CKP Bank did not have adequate assets to meet its liabilities requestedFEMA, BANKING amp;…

[mehanstarknews]

RBI cancels licence of Mumbai-based The CKP Co-operative Bank; depositors to get up to Rs 5 Lakh

RBI cancels licence of Mumbai-based The CKP Co-operative Bank; depositors to get up to Rs 5 Lakh

Image Source : PTI/FILE

RBI cancels licence of Mumbai-based The CKP Co-operative Bank; depositors to get up to Rs 5 Lakh

The Reserve Bank of India (RBI) on Saturday said it has cancelled the licence of Mumbai-based CKP Co-operative Bank Ltd as its financial position is unsustainable and also not in a position to pay its depositors. The bank is not satisfying the stipulated minimum…

[its-axplore]

Under Deposit insurance scheme, on liquidation, every depositor is entitled to repayment of his/her deposits up to Rs5 lakh from DICGC. In other words, going by RBI communication, 99.2 percent of the depositors of CKP bank are in the less than Rs5 lakh deposit category. from Moneycontrol Latest News https://ift.tt/2YsL3fH

[manishajain001]

The Reserve Bank of India (RBI) on Saturday said it has cancelled the licence of Mumbai-based CKP Co-operative Bank Ltd as its financial position is unsustainable and also not in a position to pay its depositors. The bank is not satisfying the stipulated minimum regulatory capital requirement of 9 per cent, the RBI said while cancelling the licence from the close of business on April 30.

[vsplusonline]

RBI cancels CKP Co-op Bank’s licence

New Post has been published on https://apzweb.com/rbi-cancels-ckp-co-op-banks-licence/

RBI cancels CKP Co-op Bank’s licence

The Reserve Bank of India (RBI) has cancelled the licence of Mumbai-based The CKP Cooperative Bank Ltd., with effect from the close of business on April 30, 2020, as the lender’s financial position had deteriorated and it was not in a position to repay depositors.

“The Registrar of Co-operative Societies, Pune, Maharashtra, has also been requested to issue an order for winding up the affairs of The CKP Cooperative Bank Ltd., Mumbai, and appoint a liquidator for the bank,” RBI said in a late evening statement on Saturday.

The depositors of the bank will get a maximum of ₹5 lakh from the Deposit Insurance and Credit Guarantee Corporation (DICGC), as per law. The deposit insurance cover was increased to ₹5 lakh from ₹1 lakh earlier this year. The bank has a deposit base of ₹485.56 crore, as on November 2019.

“The financial position of the bank is highly adverse and unsustainable. There is no concrete revival plan or proposal for merger with another bank. Credible commitment towards revival from the management is not visible,” the RBI said, giving reasons for the decision.

The bank has negative networth of ₹239.2 crore. It has a customer base of 1,34,167 and has eight branches spread across Mumbai and Thane districts.

The banking regulator said the bank did not satisfy the requirement of minimum capital and reserves and was not in a position to pay its present and future depositors.

“The affairs of the bank were and are being conducted in a manner detrimental to public interest and interest of the depositors, and the general character of the management of the bank is prejudicial to the interest of depositors as also public interest,” RBI said.

The banking regulator observed that the bank’s efforts for revival have been ‘far from adequate’ though the bank has been given ample time and opportunity and dispensations.

“No merger proposal has been received in respect of the bank. Thus, in all likelihood, public interest would be adversely affected if the bank were allowed to carry on its business any further,” the RBI said.

You have reached your limit for free articles this month.

Register to The Hindu for free and get unlimited access for 30 days.

Subscription Benefits Include

Today’s Paper

Find mobile-friendly version of articles from the day’s newspaper in one easy-to-read list.

Unlimited Access

Enjoy reading as many articles as you wish without any limitations.

Personalised recommendations

A select list of articles that match your interests and tastes.

Faster pages

Move smoothly between articles as our pages load instantly.

Dashboard

A one-stop-shop for seeing the latest updates, and managing your preferences.

Briefing

We brief you on the latest and most important developments, three times a day.

Not convinced? Know why you should pay for news.

*Our Digital Subscription plans do not currently include the e-paper ,crossword, iPhone, iPad mobile applications and print. Our plans enhance your reading experience.

Source link