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RBI Slaps Rs4 50 Lakh Penalty on 3 Cooperative Banks from Maharashtra, 1 from Madhya Pradesh

Reserve Bank of India (RBI) has imposed a penalty of Rs4.50 lakh on three cooperative banks from Maharashtra and one from Madhya Pradesh for non-compliance with the directions issued by the banking regulator. The highest penalty of Rs2 lakh has been imposed on Shirpur Peoples Cooperative Bank Ltd from Maharashtra.

Madhya pradeshShirpur peoples cooperative bankNagrik sahakari bankJanata sahakari bank ltdShirpur peoples cooperative bank ltdNashik zilha sarkari parishad karmachari sahakari bankJanata sahakari bankNagrik sahakari bank maryaditAmravati based janata sahakari bank ltdNashik zilha sarkariParishad karmachari sahakari bank niyamitPeoples cooperative bankZilha sarkariParishad karmachari sahakari bankMadhya pradesh basedMaharashtra based janata sahakari bank

RBI Imposes Rs2 60 lakh Penalties on 3 Cooperative Banks for Not Following Rules & Regulations

Reserve Bank of India (RBI) has imposed monetary penalties on three cooperative banks for violating various rules and regulations prescribed by the regulator. The banks penalised are Ghatal Peoples Cooperative Bank Ltd from West Bengal, District Central Cooperative Bank Ltd from Bihar and The Manjeri Cooperative Urban Bank Ltd from Kerala.

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Pune People s Co-op: Mohite again elected Chairman

Subhash Mohite has been elected unopposed again as the Chairman of Pune People’s Cooperative Bank, in an election held on Thursday.

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Subhash Mohite proves his popularity; make Sahakar Panel bite dust

In elections to the board of directors of Pune People’s Cooperative Bank, the Utkarsha panel led by the

Vaishali chhajedDilip dagadeNisha karpeShridhar gaikwadVishwanath jadhavRamesh sonawaneMilind kaleJanardan randiveBaban bhegadeSubhash gandhiSubhash mohiteBipin shahSubhas mohiteSanjeev asawaleMilind sobaleIndian cooperative mohite

DICGC asks 21 stressed cooperative banks to prepare list of account holders

DICGC asks 21 stressed cooperative banks to prepare list of account holders
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