RBI imposes penalty on Saraswat Co-operative Bank, Bassein Catholic Co-operative Bank, Rajkot Nagarik Sahakari Bank
The Reserve Bank has imposed monetary penalties on three co-operative banks for deficiencies in regulatory compliance. These co-operative banks are: Saraswat Co-operative Bank Limited, Bassein Catholic Co-operative Bank Ltd, and Rajkot Nagarik Sahakari Bank Ltd
Source: livemint.com