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RBI Slaps Monetary Penalty on 8 Cooperative Banks For Violating Rules

Reserve Bank of India (RBI) has imposed monetary penalties on eight cooperative banks citing the violation of various rules and regulations. Of these eight banks penalised by RBI, three belong to Maharashtra, two to Gujarat, and one each from Chhattisgarh, West Bengal and Uttar Pradesh. RBI levied a penalty of Rs10 lakh each on Pratapgarh, Uttar Pradesh (UP)-based National Urban Cooperative Bank Ltd, and Surat-based The Sutex Cooperative Bank Ltd, which is the highest among the eight banks.

Jamnagar
Gujarat
India
Pratapgarh
Uttar-pradesh
Surat
Chhattisgarh
Howrah
West-bengal
Dhule
Maharashtra

Shree Kharachiya Seva Sahakari ... vs State Of Gujarat on 17 December, 2020

Shree Kharachiya Seva Sahakari ... vs State Of Gujarat on 17 December, 2020
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Rajkot
Gujarat
India
Kalyanpur
Goa
Surendranagar
Okha-mandal
Bhanvad
Ahmedabad
Jamnagar
State-of-kerala
Kerala

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