(a) the number of proposals for setting up of new co-operative banks pending with
the Reserve Bank of India; and
(b) the reasons of their pendency and the time by which the process of according
sanction for the same is likely to begin?
(a) the number of proposals for setting up of new co-operative banks pending with
the Reserve Bank of India; and
(b) the reasons of their pendency and the time by which the process of according
sanction for the same is likely to begin?
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE AND COMPANY AFFAIRS
(SHRI ANANDRAO VITHOBA ADSUL):
(a) and (b) Reserve Bank of India (RBI) has reported that as on date there is no proposal
pending for setting up new State Cooperative Bank/Central Cooperative Bank. However,
there are 221 proposals for setting up of new urban cooperative banks pending with RBI.
The reasons for delay in disposal of pending proposals are submission of incomplete
proposals by the promoters, delay in receipt of clarifications sought by RBI and delay in
receipt of information from promoters` bankers/ employers/ other agencies. Decision on a
pending proposal is taken only on receipt of all the required information.