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RBI imposes penalties on 3 co-operative banks

The central bank said a penalty of Rs 2 lakh has been imposed on Kokan Mercantile Co-operative Bank Ltd., Mumbai for similar non-compliance.

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RBI imposes fines on 3 cooperative banks - Naveen Bharat: Breaking News, Get Today News, Latest News, India Top News

New Delhi: The Reserve Bank of India (RBI) on Monday imposed fines totaling Rs 5 lakh on three cooperative banks for various non-compliances. A fine o

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RBI imposes penalties totaling Rs 5 lakh on 3 cooperative banks

The cooperative banks have been fined for failing to comply with certain directions issued by the central bank.

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