The Reserve Bank of India has imposed a monetary penalty of Rs 15.00 lakh on The Utkal Cooperative Bank Ltd. The UCB was found guilty of contravention of/ non-complian
The Reserve Bank of India (RBl) has imposed a monetary penalty of Rs 3 lakh on the Shirpur Peoples Co-operative Bank, Shirpur, in Maharashtra for contravention of or non-compliance with certain directions issued by the central bank.