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Business News: RBI imposes Rs 79 lakh penalty on Mumbai-based Apna Sahakari Bank

RBI imposes Rs 79 lakh penalty on Mumbai-based Apna Sahakari Bank : Rashtra News The Reserve Bank has imposed a penalty of Rs 79 lakh on Apna Sahakari Bank, Mumbai for non-compliance with certain directions, including on NPA classification. The RBI said statutory inspection of the bank revealed that it had not complied with the

Business News: RBI imposes Rs 90 lakh penalty on Vasai Vikas Sahakari Bank

RBI imposes Rs 90 lakh penalty on Vasai Vikas Sahakari Bank : Rashtra News The RBI on Tuesday said it has imposed a Rs 90 lakh penalty on Vasai Vikas Sahakari Bank, Maharashtra, for non-compliance with certain directions, including on classification of loans as NPAs, and other directions. In a statement, the Reserve Bank said

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