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RBI continues with its restriction on more than ten UCBs

The Reserve Bank of India extended the period of directions on several cooperative banks last week. Some of

Uttar pradeshSikar urban bank ltdSikar urban bankPune sahakari bank ltdHiriyur urban bank ltdSumerpur mercantile urban bankImperial urban cooperative bank ltdDefence accounts cooperative bankDwarkadas mantri nagari sahakari bank ltdNagar urban bank ltdNational mercantile bank ltdReserve bankSumerpur mercantile urban co operative bankNagar urban co operative bank ltdHiriyur urban co operative bank ltdNational mercantile co operative bank ltd

RBI continues with its restriction on more than ten UCBs

The Reserve Bank of India extended the period of directions on several cooperative banks last week. Some of

Uttar pradeshPune sahakari bank ltdDwarkadas mantri nagari sahakari bank ltdImperial urban cooperative bank ltdHiriyur urban bank ltdNational mercantile bank ltdNagar urban bank ltdDefence accounts cooperative bankSikar urban bankSumerpur mercantile urban bankSikar urban bank ltdReserve bankSumerpur mercantile urban co operative bankNagar urban co operative bank ltdHiriyur urban co operative bank ltdNational mercantile co operative bank ltd

RBI penalizes four UCBs for norm-violations; fine ranges from Rs 1-3 lakhs

The Reserve Bank of India imposed a monetary penalty on several cooperative banks for breaching the RBI

Uttar pradeshSumerpur mercantile urban bankShri laxmi sahakari bank ltdSawantwadi urban bank ltdKokan mercantile bankNagar urban bank ltdSumerpur mercantile urban bank ltdBajirao appa sahakari bank ltdReserve bankKokan mercantile co operative bank limitedSawantwadi urban co operative bank ltdRupees oneKnow your customerRupees twoCo operative bankRupees three

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