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...

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 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 Sangli Sahakari Bank Limited, Mumbai

Nov 20, 2023

The penalty has been imposed in the exercise of powers conferred on RBI under the provisions of the Banking Regulation Act, 1949

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 penalty on Mula Sahakari Bank Limited in Maharashtra's Ahmednagar for non-compliance of direction

Jan 29, 2024

The Reserve Bank of India (RBI) has imposed a penalty of Rs 50,000 on Mula Sahakari Bank Limited, Sonai, district Ahmednagar, Maharashtra for non-compliance...