These banks are The Halol Urban Co-operative Bank, The Mehsana Jilla Panchayat Karmachari Co-operative Bank, Navsarjan Industrial Co-operative Bank, and The Stambhadri Co-operative Urban Bank
The central bank imposed Rs 1.30 crore on State Bank of India, Rs 1.62 crore penalty on Indian Bank, Rs 1 crore on Punjab & Sind Bank, and Rs 8.80 lakh on Fedbank Financial Services, the central bank said in separate releases.