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RBI Slaps Rs1 13 crore Lakh Penalty on 4 Cooperative Banks including Bombay Mercantile Cooperative Bank

Reserve Bank of India (RBI) has imposed a penalty of Rs1.13 crore on four cooperative banks, including Bombay Mercantile Cooperative Bank Ltd, for non-compliance with the directions issued by the banking regulator. The highest penalty of Rs63.30 lakh has been imposed on Bombay Mercantile Cooperative Bank.

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RBI Slaps Rs1 13 Crore Penalty on 4 Cooperative Banks including Bombay Mercantile Cooperative Bank

Reserve Bank of India (RBI) has imposed a penalty of Rs1.13 crore on four cooperative banks, including Bombay Mercantile Cooperative Bank Ltd, for non-compliance with the directions issued by the banking regulator. The highest penalty of Rs63.30 lakh has been imposed on Bombay Mercantile Cooperative Bank.

Bombay mercantile cooperative bankNavnirman cooperative bank ltdNavnirman cooperative bankNakodar hindu urban cooperative bankZoroastrian cooperative bank ltdBombay mercantile cooperative bank ltdNakodar hindu urban cooperative bank ltdZoroastrian cooperative bankBombay mercantile cooperativeMercantile cooperative bankCooperative bankNakodar hindu urban cooperativeMutual fund returnsAnk fixed depositsNvestor returnsOrtfolio allocation

Bombay Mercantile Cooperative Bank Ltd vs M/S U P Gun House on 22 January, 2024

Bombay Mercantile Cooperative Bank Ltd vs M/S U P Gun House on 22 January, 2024
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Uttar pradeshM amritha kumarMathew vargheseShubhranshu padhiAdnan yousufAbdul haleem siddiquiSaeedul hasan khanDipankar dattaRadhagram yojnaTalha abdul rahmanWaseem ahmedRashtriya saharaLucknow bench of the high courtQuery alert serviceCooperative bankSupreme court