Lok Sabha Question No. 2458 (UNSTARRED), answered on 2023-12-18
Subject: Banking Regulation (Amendment) Act, 2020
Ministry: FINANCE
Asked by: Prathap Simha, L.S. Tejasvi Surya

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA

## UNSTARRED QUESTION NO. 2458

Answered on the December 18, 2023/Agrahayana 27, 1945 (Saka)

## Banking Regulation (Amendment) Act, 2020

## 2458.  SHRI PRATHAP SIMHA: SHRI L.S. TEJASVI SURYA:

Will the Minister of FINANCE be pleased to state:

- (a) the number of banks which have come under the ambit of the RBI since the Banking Regulation  Amendment  Act,  2020  and  the  number  of  such  banks  from  Karnataka,  Tamil Nadu, Goa and Maharashtra;
- (b) the number of banks which are placed under 35A restriction of the Banking Laws, along with the details of such banks in Karnataka; and
- (c) the number of banks liquidated and closed and revived in the last nine years along with the details of the financials thereof?

## ANSWER

## THE MINISTER OF STATE FOR FINANCE (DR. BHAGWAT KARAD)

(a) to (c): Subsequent to the Banking Regulation (Amendment) Act, 2020, applicable to, interalia, co-operative banks, there is no change in the number of banks that came under the ambit of the Reserve Bank of India (RBI).

RBI  has  informed  that,  as  on  13.12.2023,  thirty-nine  Urban  Co-operative  Banks  (UCBs), including four in Karnataka, namely, Sri Guru Raghavendra Sahakara Bank Niyamitha, Shimsha Sahakara Bank Niyamitha, the Hiriyur Urban Co-operative Bank Ltd. and the National Cooperative Bank Ltd., have been issued directions under 35A of Banking Regulation Act, 1949. Further, during the last nine years, fifty-seven banks were closed and three banks were revived. The details of financials are at annex.

***

Table b. Details of financials of bank closed during last nine years

(Amount in ₹ crores)

| Year of closure   |   S. No. | Name of Bank                                                                    | As on     | Total Business   |   GNPA (%) |   Net worth |
|-------------------|----------|---------------------------------------------------------------------------------|-----------|------------------|------------|-------------|
| 2023              |        1 | Garha Co-operative Bank Ltd.                                                    | 31-3-2022 | 26               |       71.6 |        -0.1 |
| 2023              |        2 | The Malkapur Urban Co-operative Bank Limited                                    | 31-3-2022 | 1,521            |       71.2 |       -62.8 |
| 2023              |        3 | Shushruti Souharda Sahakara Bank Niyamita                                       | 31-3-2022 | 246              |       78.4 |       -20.4 |
| 2023              |        4 | Sri Sharada Mahila Co-operative Bank Ltd.                                       | 31-3-2022 | 58               |       94.1 |        -9.8 |
| 2023              |        5 | Harihareshwar Sahakari Bank Ltd.                                                | 31-3-2022 | 99               |       97.6 |       -45.4 |
| 2023              |        6 | United India Co-operative Bank Limited                                          | 31-3-2022 | 3                |       96.9 |        -0.9 |
| 2023              |        7 | National Urban Co-operative Bank Limited                                        | 31-3-2022 | 4                |       99.2 |        -0.9 |
| 2023              |        8 | Sri Mallikarjuna Pattana Sahakari Bank Niyamita                                 | 31-3-2022 | 19               |       26.5 |        -2.6 |
| 2023              |        9 | The Kapol Co-operative Bank Limited                                             | 31-3-2022 | 331              |       95.5 |        -2.5 |
| 2023              |       10 | Nashik Zilla Girna Sahakari Bank Limited                                        | 31-3-2022 | 39               |       98.1 |        -9.3 |
| 2023              |       11 | Lucknow Urban Co-operative Bank Ltd., Lucknow                                   | 31-3-2022 | 22               |       67.3 |        -1.9 |
| 2023              |       12 | Nagar Urban Co-operative Bank Ltd.                                              | 31-3-2023 | 742              |       97.3 |      -112.1 |
| 2023              |       13 | Shankarrao Pujari Nutan Nagari Sahakari Bank Ltd                                | 31-3-2022 | 147              |       94.7 |       -55.8 |
| 2023              |       14 | Urban Co-operative Bank Ltd                                                     | 31-3-2022 | 25               |       61.3 |        -3.6 |
|                   |       15 | Independence Co-operative Bank Limited, Nashik, Maharashtra                     | 31-3-2020 | 12               |       95.3 |        -3.9 |
| 2022              |       16 | Mantha Urban Cooperative Bank Ltd., Mantha, District: Jalna, Maharashtra        | 31-3-2019 | 117              |       61.5 |       -18.8 |
|                   |       17 | Sarjeraodada Naik Shirala Sahakari Bank Ltd, Shirala, Dist. Sangli, Maharashtra | 31-3-2021 | 151              |       85.8 |       -38.6 |

## Annex

## Lok Sabha Unstarred question no. 2458 for 18.12.2023 regarding ' Banking Regulation (Amendment) Act, 2020'

## Table a. Details of financials of bank revived during last nine years

(Amount in ₹ crores)

|   Year of revival |   S. No. | Name of Bank                                                                                                   | As on     | Total Business   |   GNPA (%) | Net worth   |
|-------------------|----------|----------------------------------------------------------------------------------------------------------------|-----------|------------------|------------|-------------|
|              2022 |        1 | Punjab & Maharashtra Co-operative Bank Limited ( Amalgamation with Unity Small Finance Bank w.e.f. 25.1.2022 ) | 31-3-2021 | 14,658           |      82.05 | -6,522      |
|              2020 |        2 | Lakshmi Vilas Bank Ltd ( Merged with DBS Bank India Ltd. w.e.f. 27.11.2020 )                                   | 31-3-2020 | 38,117           |      25.39 | -699        |
|              2020 |        3 | Yes Bank Ltd ( Reconstruction Scheme, 2020 w.e.f. 13.3.2020 )                                                  | 31-3-2023 | 4,23,508         |       2.13 | 31,419      |

Source: RBI

| Year of closure   |   S. No. | Name of Bank                                                                                        | As on     | Total Business   | GNPA (%)   |   Net worth |
|-------------------|----------|-----------------------------------------------------------------------------------------------------|-----------|------------------|------------|-------------|
|                   |       18 | People's Co -operative Bank Limited, Kanpur, Uttar Pradesh                                          | 31-3-2020 | 20               | 90.5       |        -6.9 |
|                   |       19 | The Mudhol Co-operative Bank Limited, Dist.- Bagalkot, Karnataka                                    | 31-3-2021 | 31               | 99.0       |        -5.3 |
|                   |       20 | Millath Co-operative Bank Limited, Davangere, Karnataka                                             | 31-3-2021 | 29               | 90.9       |        -8.6 |
|                   |       21 | Shri Anand Co-operative Bank Ltd., Chinchwad, Pune                                                  | 31-3-2021 | 79               | 99.9       |       -22.5 |
|                   |       22 | Deccan Urban Co-operative Bank Ltd., Vijayapur, Karnataka                                           | 31-3-2021 | 29               | 61.5       |        -4.3 |
|                   |       23 | The Laxmi Co-operative Bank Limited, Solapur, Maharashtra                                           | 31-3-2022 | 193              | 63.6       |       -61   |
|                   |       24 | The Seva Vikas Co-operative Bank Ltd., Pune, Maharashtra                                            | 31-3-2021 | 835              | 78.1       |       -38.2 |
|                   |       25 | Rupee Co-operative Bank Ltd, Pune                                                                   | 31-3-2021 | 1,591            | 98.4       |      -538   |
|                   |       26 | Babaji Date Mahila Sahakari Bank Ltd, Yavatmal, Maharashtra                                         | 31-3-2022 | 520              | 81.4       |       -99.7 |
| 2021              |       27 | Vasantdada Nagari Sahakari Bank Ltd.                                                                | 31-3-2019 | 83               | 85.5       |       -16   |
| 2021              |       28 | Shivam Sahakari Bank Ltd, Ichalkaranji                                                              | 31-3-2019 | 37               | 99.9       |       -11.2 |
| 2021              |       29 | Bhagyodaya Friends Urban Co-operative Bank Limited                                                  | 31-3-2020 | 25               | 97.2       |        -7.1 |
| 2021              |       30 | United Co-operative Bank Ltd., Bagnan, West Bengal                                                  | 31-3-2018 | 4                | 92.5       |        -1.8 |
| 2021              |       31 | Shivajirao Bhosale Sahakari Bank Ltd.                                                               | 31-3-2020 | 834              | 97.9       |       -58.8 |
| 2021              |       32 | Madgaun Urban Co-Op. Bank Ltd.                                                                      | 31-3-2020 | 261              | 86.4       |       -41.7 |
| 2021              |       33 | Dr. Shivajirao Patil Nilangekar Urban Co- operative Bank Limited, Nilanga, Dist. Latur, Maharashtra | 31-3-2020 | 6                | 100.0      |        -2.3 |
| 2021              |       34 | Karnala Nagari Sahakari Bank Limited                                                                | 31-3-2020 | 1,077            | 98.7       |      -510.3 |
| 2021              |       35 | Subhadra Local Area Bank Ltd                                                                        | 31-3-2019 | 61               | 5.9        |        26.4 |
| 2021              |       36 | Aditya Birla Payment Bank                                                                           | 30-6-2019 | 4                | Nil        |        77.4 |
| 2020              |       37 | Mapusa Urban Co-op Bank                                                                             | 31-3-2018 | 479              | 30.1       |       -78.5 |
| 2020              |       38 | CKP Co-op Bank Ltd                                                                                  | 31-3-2018 | 704              | 90.6       |      -244.5 |
| 2020              |       39 | The Karad Janata Sahakari Bank Ltd                                                                  | 31-3-2018 | 1,004            | 61.4       |      -162.6 |
| 2018              |       40 | Bhopal Nagarik SahakariBank Limited.                                                                | 31-3-2017 | 27               | 95.0       |        -8.5 |
| 2018              |       41 | Brahmawart Commercial Co-operative Bank Ltd., Kanpur                                                | 30-9-2017 | 84               | 93.2       |       -16.4 |
| 2018              |       42 | Alwar Urban Co-Op Bank Ltd.                                                                         | 31-3-2017 | 30               | 24.0       |       -13.3 |
| 2018              |       43 | Bhilwara Mahila Urban Co-op. Bank Ltd.                                                              | 31-3-2018 | 121              | 80.8       |       -17.3 |
| 2018              |       44 | The Navodaya Urban Co-operative Bank Ltd., Nagpur.                                                  | 31-3-2018 | 94               | 97.0       |       -27.6 |

| Year of closure   |   S. No. | Name of Bank                                              | As on      | Total Business   | GNPA (%)   | Net worth   |
|-------------------|----------|-----------------------------------------------------------|------------|------------------|------------|-------------|
| 2017              |       45 | Shri Chhatrapati Urban Co-operative Bank Ltd., Pimpri     | 31-3-2015  | 9                | 93.8       | -2.5        |
| 2017              |       46 | Mercantile Urban Co-operative Bank Ltd., Meerut           | 31-3-2016  | 10               | 87.8       | -3.1        |
| 2017              |       47 | Jamkhed Merchants Co-operative Bank Ltd.                  | 31-3-2016  | 14               | 59.1       | -1.8        |
| 2017              |       48 | Gokul Co-operative Urban Bank Ltd., Secunderabad          | 31-12-2015 | 8                | 4.1        | -2.6        |
| 2017              |       49 | Hardoi Urban Co-operative Bank Ltd.,Hardoi                | 9-12-2016  | 13               | 88.9       | -4.1        |
| 2017              |       50 | Mahamedha Urban Co-op bank Ltd., Ghaziabad                | 31-3-2016  | 185              | 68.5       | -89.6       |
| 2017              |       51 | Lokseva Sahakari Bank Ltd., Pune                          | 31-3-2016  | 295              | 76.1       | -42.2       |
| 2016              |       52 | Pioneer Urban Co-operative Bank Ltd.,Lucknow              | #          | #                | #          | #           |
| 2016              |       53 | Shri Sai Urban Cooperative Bank Ltd. , Mukhed             | 31-3-2016  | 5                | 100.0      | -1.7        |
| 2015              |       54 | Baranagar Co-operative Bank Limited (West Bengal)         | 31-3-2013  | #                | 61.1       | -12.5       |
|                   |       55 | Shri Swami Samarth Urban Co-operative Bank Ltd., Naldurg. | 31-3-2014  | #                | 44.7       | -0.6        |
|                   |       56 | United Commercial Co-operative Bank Ltd., Kanpur          | 31-3-2013  | #                | 71.1       | -40.7       |
|                   |       57 | Vitthal Nagari Sahakari Bank Ltd., Latur.                 | 31-3-2014  | 9                | 83.8       | -1.6        |

Source: RBI

#- Information not available with RBI