The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 1 lakh on Surat-based Varachha Co-operative Bank for contravention of directions issued by RBI on loans and advances to directors.
The Reserve Bank of India has imposed a monetary penalty of Rs 25.00 lakh on G S Mahanagar Co-operative Bank Limited, Mumbai, Maharashtra. The bank was fined for non-
Get latest articles and stories on Business at LatestLY. The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 12.35 lakh on Indiabulls Commercial Credit Limited for non-compliance with certain KYC-related provisions. Business News | RBI Imposes Monetary Penalty on Indiabulls Commercial Credit Limited.