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 RBI has imposed monetary penalties on five cooperative banks for deficiencies in regulatory compliance. These co-operative banks include Navsarjan Industrial Cooperative Bank, Mehsana Jilla Panchayat Karmachari Cooperative Bank, and Halol Urban Cooperative Bank.