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RBI imposes penalty on Mula Sahakari Bank Limited in Maharashtra's Ahmednagar for non-compliance of direction

RBI imposes penalty on Mula Sahakari Bank Limited in Maharashtra's Ahmednagar for non-compliance of direction
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Ahmednagar based Mula Sahakari Bank penalized

The Reserve Bank of India has imposed a monetary penalty of ₹25,000/ on Mula Sahakari Bank Ltd., Sonai, ....

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RBI slaps fines on 5 banks totalling Rs 6.35 lakh for violating directions

In all cases, the discrepancies were revealed in the inspection report of the banks based on their financial position as on March 31, 2020.
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