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RBI imposes penalties on five co-op banks worth Rs 8 lakh

RBI imposes monetary penalty on five co-operative banks. Details here

The RBI imposed monetary penalties on five cooperative banks for deficiencies in regulatory compliance. These cooperative banks are: The Manmandir Co-operative Bank, The Lakhvad Nagarik Sahakari Bank, Contai Co-operative Bank Ltd, Sarvodaya Co-operative Bank Ltd, and Sanmitra Sahakari Bank Ltd

Pune
Maharashtra
India
Mehsana
Gujarat
Mumbai
Mitchell-starc
Manmandir-bank
Lakhvad-nagarik-sahakari-bank
Contai-bank-ltd
Contai-bank
Read-parliament

RBI imposes monetary penalty on five co-operative banks. Details here

The RBI imposed penalties on 5 cooperative banks for deficiencies in regulatory compliance. These cooperative banks are: Indapur Urban Cooperative Bank, Janakalyan Sahakari Bank, Patan Urban Cooperative Bank, Pune Merchants Cooperative Bank, Pune Municipal Corp Servant’s Cooperative Urban Bank

Indapur
Maharashtra
India
Patan
Gujarat
Pune
Satara
Mumbai
Pune-merchants-bank
Janakalyan-sahakari-bank
Patan-urban-bank

RBI imposes monetary penalty on four co-operative banks, cancels licence of another. Details here

The RBI imposed monetary penalties on four co-operative banks for deficiencies in regulatory compliance. These co-operative banks are: Rajarshi Shahu Sahakari Bank, The Prathamik Shikshak Sahakari Bank, Patan Co-operative Bank, and The District Co-operative Central Bank

India
Sitapur
Uttar-pradesh
Telangana
Andhra-pradesh
Satara
Maharashtra
Mumbai
Patan
Gujarat
Pune

RBI imposes monetary penalty on four co-operative banks. Details here

The RBI has imposed monetary penalties on four co-operative banks for deficiencies in regulatory compliance. These co-operative banks are: Jijamata Mahila Sahakari Bank, Shri Laxmikrupa Urban Co-operative Bank, The Konark Urban Cooperative Bank and The Chembur Nagarik Sahakari Bank

Pune
Maharashtra
India
Mumbai
Ulhasnagar
Byju-raveendran
Bank-of-india
Shri-laxmikrupa-urban-bank
Konark-urban-cooperative-bank-ltd
Jijamata-mahila-sahakari-bank
Chembur-nagarik-sahakari-bank
Reserve-bank

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