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RBI Imposes Rs6 10 Lakh Penalty on 4 Cooperative Banks

Reserve Bank of India (RBI) has imposed monetary penalties on four cooperative banks citing the violation of different laws prescribed by the regulator. Of these, two banks are from Maharashtra while others belong to West Bengal and Kanpur in Uttar Pradesh. RBI has levied a fine of Rs3 lakh, the highest among the banks, on Ordnance Equipment Factory Prarambhik Sahkari Bank Ltd from Kanpur.

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Regulatory Non-Compliance Results in Penalties for Four Cooperative Banks, RBI Takes Action

The Reserve Bank has chosen to impose monetary penalties on four cooperative banks due to their failure in meeting regulatory compliance standards. The

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RBI imposes monetary penalty on 4 co-operative banks Details here

The RBI has imposed monetary penalties on four co-operative banks for deficiencies in regulatory compliance. These banks are: Ordnance Equipment Factory Prarambhik Sahkari Bank, Vishwanathrao Patil Murgud Sahakari Bank, The Shibpur Co-operative Bank, The Chiplun Urban Co-operative Bank

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JAM 2024 Website Launched, IIT Madras to Begin Registration on September 5

Registration for JAM 2024 will open on September 5 at jam.iitm.ac.in The deadline for completing the JAM 2024 application form is October 13

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Women have to work 200 per cent harder due to gender bias: Actor Swastika Mukherjee

Women have to work 200 per cent harder due to gender bias: Actor Swastika Mukherjee
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