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Sawantwadi Urban Cooperative Bank News Today : Breaking News, Live Updates & Top Stories | Vimarsana

RBI Imposes Rs7 Lakh Penalty on 4 Cooperative Banks from Maharashtra

Reserve Bank of India (RBI) has imposed monetary penalties on four cooperative banks from Maharashtra, citing violation of various rules and regulations prescribed by the banking regulator. The banks penalised are Kokan Mercantile Cooperative Bank Ltd, Bajirao Appa Sahakari Bank Ltd, Sawantwadi Urban Cooperative Bank Ltd and Shri Laxmi Sahakari Bank Ltd.

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