RBI imposes penalties on 8 cooperative banks : comparemela.c

Reserve Bank of India (RBI) on Monday said penalties have been imposed on eight cooperative banks for deficiencies in their regulatory compliances. A penalty of Rs 4 lakh has been imposed on The Associate Co-operative Bank Ltd, Surat (Gujarat) for contravention of directions on 'Loans and advances to directors, relatives and firms/concerns in which they are interested', and

Related Keywords

Jammu , Jammu And Kashmir , India , Surat , Gujarat , Mumbai , Maharashtra , Rajkot , Palghar , , Jodhpur Nagrik Sahakari Bank , Rajkot Peoples Bank , Varachha Bank Ltd , Awareness Fund Scheme , Bank Ltd , Jammu Central Bank Ltd , Mogaveera Bank Ltd , Vasai Janata Sahakari Bank , Bhadradri Urban Bank , Reserve Bank , Associate Co Operative Bank Ltd , Master Directions , Know Your Customer , Varachha Co Operative Bank Ltd , Depositor Education , Co Operative Bank Ltd , Exposure Norms , Rajkot Peoples Co Operative Bank , Bhadradri Co Operative Urban Bank , Jammu Central Co Operative Bank Ltd , Banks , Usiness News , Fbi , Reserve Bank Of India ,