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Bad times for UCBs: Five fined & Directions on Six extended till Jan, 24

On Monday, through several notifications’ RBI announced that it has imposed fine on five urban cooperative ....

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Bad times for UCBs: Five fined & Directions on Six extended till Jan, 24

On Monday, through several notifications’ RBI announced that it has imposed fine on five urban cooperative ....

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RBI imposes monetary penalty on five co-operative banks. Details here

The RBI has imposed monetary penalties on 5 co-operative banks for deficiencies in regulatory compliance. These co-operative banks are: Uma Co-operative Bank, Pij People’s Co-operative Bank, Mizoram Co-operative Apex Bank, Birbhum District Central Co-operative Bank and Shihori Nagarik Sahakari Bank ....

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