RBI imposes monetary penalty on four co-operative banks. Details here
The RBI has imposed monetary penalties on four co-operative banks for deficiencies in regulatory compliance. These co-operative banks are: The Becharaji Nagarik Sahakari Bank, The Waghodia Urban Co-operative Bank, The Viramgam Mercantile Co-operative Bank and The Baramati Sahakari Bank
Viramgam Mercantile Bank Ltd Waghodia Urban Bank Ltd Baramati Sahakari Bank Ltd Becharaji Nagarik Sahakari Bank Ltd Reserve Bank Co Operative Banks
Source: livemint.com