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RBI penalizes five UCBs; four from Pune & one from Mumbai

The Reserve Bank of India has penalized five urban cooperative banks on various instances of flouting its norms. These banks are Mumbai based Janakalyan Sahakari Ban ....

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

The RBI imposed penalties on 5 cooperative banks for deficiencies in regulatory compliance. These cooperative banks are: Indapur Urban Cooperative Bank, Janakalyan Sahakari Bank, Patan Urban Cooperative Bank, Pune Merchants Cooperative Bank, Pune Municipal Corp Servant’s Cooperative Urban Bank ....

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RBI imposes penalty on 8 banks, got account in any of THESE?

The penalties imposed on these eight banks ranged from Rs 1 lakh to Rs 40 lakh. Furthermore, the RBI imposed a monetary penalty on Spandana Sphoorty Financial, an NBFC. ....

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RBI imposes monetary penalty: 9 banks for failing to comply with RBI instructions

Reserve Bank of India imposed penalties on banks ranged from Rs.1 lakh to Rs. 40 lakh. ....

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