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RBI imposes Rs 6 lakh penalty on The Mandi Cooperative Bank for breaching inter-bank exposure limits

RBI imposed fines on various cooperative banks across states for different violations, including breaching exposure limits, KYC non-compliance, improper loans, and delayed fund transfers in different financial years.

Tamil-nadu , India , Mumbai , Maharashtra , Howrah-district , West-bengal , Aurangabad , Himachal-pradesh , Rajapalayam , Standard-urban-bank , Howrah-district-central-bank

RBI Imposes Rs 6 Lakh Penalty On The Mandi Cooperative Bank: Here's Why | Companies News

The central bank also imposed a penalty of Rs 1 lakh on West Bengals The Howrah District Central Co-operative Bank.

Himachal-pradesh , India , Mumbai , Maharashtra , Aurangabad , Howrah-district , West-bengal , Rajapalayam , Tamil-nadu , New-delhi , Delhi ,