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A meeting of the board of directors of District Cooperative Central Bank of erstwhile Karimnagar district has hiked the retirement age of DCCB staff from 58 to 61 years
Sagar DCCB penalized for KYC violation
The Reserve Bank of India has imposed, by an order dated April 19, 2021, a monetary penalty on Jila Sahakari Kendriya Bank Maryadit, Sagar, Madhya Pradesh (the bank).
The DCCB was faulted for contravention and non-compliance with the directions issued by RBI on Know Your Customer (KYC).
This penalty has been imposed in exercise of powers vested in RBI due to the failure of the bank to adhere to the aforesaid directions issued by RBI.
This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.
Metro’s green shoots to sprout on Army land
ByNaveen MenezesNaveen Menezes / Updated: Apr 19, 2021, 06:00 IST
BMRCL draws up plan to plant 4,990 saplings, uploads details on its website
The Bangalore Metro Rail Corporation Ltd (BMRCL), which recently received approvals for axing 499
trees in four different locations for the Phase II Metro project, will be taking up compensatory plantation mostly on
Army land, documents show.
The BMRCL’s newly-formed social and environment wing has drawn up a plan to plant 4,990 saplings in May and June this year.
Documents show that City-based Nurserymen Co-operative Society Ltd has been entrusted with the task of compensatory plantation with the responsibility to maintain the plants for the next three years. During the maintenance period, the agency is expected to water the plants, remove weeds and grass, prepare quarterly reports on the growth of plants with photographers as well as replace dead plants to ensure 100 per cent survival.