RBI Imposes Penalties on 5 Co-operative Banks - Karnataka State, Thane Bharat Sahakari, Rani Laxmibai Urban, Nicholson Bank & Urban Co-op Bank

The Reserve Bank of India (RBI) has imposed penalties on five cooperative banks, including Rs25 lakh on The Karnataka State Co-operative Apex Bank, Bengaluru, for deficiencies in regulatory compliance.

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