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...

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 of Rs 5 lakh on Sankheda Nagarik Sahakari Bank

Jan 04, 2024

Reserve Bank of India on Thursday said that it has imposed a monetary penalty of Rs 5 lakh on Sankheda Nagarik Sahakari Bank Limited,...

RBI imposes monetary penalty on Meghraj Nagarik Sahakari Bank

Oct 17, 2022

Mumbai (Maharashtra) [India], October 17 : The Reserve Bank of India (RBI) said on Monday it has imposed monetary penalty on Gujarat-based The Meghraj...

RBI imposes monetary penalty on Rajgurunagar Sahakari Bank Limited

Oct 17, 2022

Mumbai (Maharashtra) [India], October 17 : The Reserve Bank of India (RBI) said on Monday it has imposed a monetary penalty of Rs 4...

RBI imposes monetary penalty on Satara Sahakari Bank Limited

May 02, 2024

According to RBI, the penalty, imposed by an order dated April 29, 2024, has been invoked under the powers vested in RBI, conferred under...