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RBI imposes monetary penalty on Chhattisgarh's Pragati Mahila Nagrik Sahakari Bank Maryadit

The RBI said the bank had sanctioned unsecured advances above the permissible limit in certain cases in contravention of directions issued by the regulator. ....

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RBI fines Pune People's Co-operative Bank Limited for non-compliance with directions

RBI has imposed the monetary penalty for non-compliance with directions issued by RBI on 'Know Your Customers'.
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RBI imposes Rs 1 lakh monetary penalty on The Kurla Nagarik Sahakari Bank

RBI has explained that its action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. ....

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