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RBI imposes monetary penalty on four co-operative banks

These banks are The Halol Urban Co-operative Bank, The Mehsana Jilla Panchayat Karmachari Co-operative Bank, Navsarjan Industrial Co-operative Bank, and The Stambhadri Co-operative Urban Bank ....

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RBI imposes monetary penalty on SBI, Indian Bank and Punjab & Sind Bank

The central bank imposed Rs 1.30 crore on State Bank of India, Rs 1.62 crore penalty on Indian Bank, Rs 1 crore on Punjab & Sind Bank, and Rs 8.80 lakh on Fedbank Financial Services, the central bank said in separate releases. ....

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