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RBI imposes monetary penalties on five UCBs on Monday

The Reserve Bank of India imposed monetary penalties on five cooperative banks on Monday. These banks ....

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RBI imposes monetary penalties on five UCBs on Monday

The Reserve Bank of India imposed monetary penalties on five cooperative banks on Monday. These banks ....

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RBI Imposes Rs7.25 Lakh Penalty on 5 Cooperative Banks

Reserve Bank of India (RBI) has imposed a penalty of Rs7.25 lakh on five cooperative banks, for non-compliance with the directions issued by the banking regulator. The highest penalty of Rs5 lakh has been imposed on Dr Panjabrao Deshmukh Urban Cooperative Bank Ltd from Maharashtra. ....

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Ahmednagar based Mula Sahakari Bank penalized

The Reserve Bank of India has imposed a monetary penalty of ₹25,000/ on Mula Sahakari Bank Ltd., Sonai, ....

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RBI slaps fines on 5 banks totalling Rs 6.35 lakh for violating directions

In all cases, the discrepancies were revealed in the inspection report of the banks based on their financial position as on March 31, 2020.
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