RBI cancels licence of Independence Co-operative Bank Limited

Feb 03, 2022

Mumbai (Maharashtra) [India], February 3 : The Reserve Bank of India (RBI) on Thursday said it has cancelled the licence of Nashik-based cooperative lender...

RBI imposes monetary penalty on three co-operative banks in Gujarat

Dec 28, 2023

The Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 50,000 on Gujarat-based Panchsheel Mercantile Co-operative...

Nagar Urban Co-operative Bank Ahmednagar put under RBI 'directions'

Dec 06, 2022

Deposit withdrawal will be restricted to Rs 10,000 per depositor during the entire six months that the Bank will be under directions, with effect...

RBI cancels license of Kanpur-based People's Co-operative Bank

Mar 21, 2022

Mumbai (Maharashtra) [India], March 21 : The Reserve Bank of India (RBI) on Monday said it has cancelled the license of Kanpur-based People's Co-operative...

RBI imposes monetary penalty on Maharashtra State Co-operative Bank

Jul 11, 2022

Mumbai (Maharashtra) [India], July 11 : The Reserve Bank of India (RBI) on Monday said it has imposed Rs 37.5 lakh monetary penalty on...

RBI imposes monetary penalty on Bassein Catholic Co-operative Bank

Jun 06, 2022

Mumbai (Maharashtra) [India], June 6 : The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 49...