RBI imposes penalties on nine cooperative banks for violating compliances

Nov 15, 2022

Those banks are The Berhampur Cooperative Urban Bank, The Kendrapara Urban Co-operative Bank , The Jamshedpur Urban Cooperative Bank, Krishna Mercantile Co-operative Bank ,...

RBI imposes monetary penalty on Madhya Pradesh-based cooperative bank

Jun 06, 2022

Mumbai (Maharashtra) [India], June 6 : The Reserve Bank of India (RBl) on Monday said it has imposed a monetary penalty of Rs 50,000...

RBI imposes Rs 75,000 penalty on Jila Sahakari Kendriya Bank Maryadit in MP's Shahdol for violating rules

Jan 29, 2024

The RBI in an official statement issued on Monday said that the action is based on a deficiency in regulatory compliance and is not...

RBI slaps Rs 50,000 penalty on Bhilai Nagrik Sahakari Bank Maryadit in Chhattisgarh's Durg

Jan 29, 2024

The Reserve Bank of India (RBI) has, by an order dated January 8, 2024, imposed a penalty of Rs 50,000 on Bhilai Nagrik Sahakari...

Maharashtra & Goa Trawl (By-Catch) Fishery Improvement Project

Apr 08, 2023

Mumbai (Maharashtra) [India], April 8 (ANI/NewsVoir): Key stakeholders from the fisheries industry in Maharashtra & Goa came together to launch a new fishery improvement...

RBI imposes restrictions on Mumbai-based Raigad Sahakari Bank

Jul 19, 2022

Mumbai (Maharashtra) [India], July 19 : The Reserve Bank of India has issued several directions to Raigad Sahakari Bank, Mumbai, including an upper limit...