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Get latest articles and stories on Business at LatestLY. The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 49 lakh on Bassein Catholic Co-operative Bank Ltd, Vasai for non-compliance with its directions. Business News | RBI Imposes Monetary Penalty on Bassein Catholic Co-operative Bank.
In a separate release, the RBI said it has imposed a penalty of Rs 50,000 on Jila Sahakari Kendriya Bank Maryadit, Morena (Madhya Pradesh), for contravention of its directions related to Know Your Customer (KYC).
The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 49 lakh on Bassein Catholic Co-operative Bank Ltd, Vasai for non-compliance with its directions.
The Reserve Bank of India has imposed a monetary penalty of Rs fifty-eight lakh on the Abhyudaya Co-operative Bank. Abhyudaya Bank is said to be the third-largest UCB, after Saraswat Bank
The Reserve Bank of India has imposed a monetary penalty of Rs fifty-eight lakh on the Abhyudaya Co-operative Bank. Abhyudaya Bank is said to be the third-largest UCB, after Saraswat Bank