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RBI Imposes Penalties on 5 Co-operative Banks - Karnataka State, Thane Bharat Sahakari, Rani Laxmibai Urban, Nicholson Bank & Urban Co-op Bank

The Reserve Bank of India (RBI) has imposed penalties on five cooperative banks, including Rs25 lakh on The Karnataka State Co-operative Apex Bank, Bengaluru, for deficiencies in regulatory compliance. ....

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From Rs 25 lakh to Rs 10k RBI penalizes five co-op banks

Last week several co-op banks and UCBs were penalized for non-adherence with the norms of RBI. While ....

Uttar Pradesh , Nicholson Town Bank No , Thane Bharat Sahakari Bank , Karnataka State Apex Bank Ltd , Rani Laxmibai Urban Bank , Karnataka State Apex Bank , Awareness Fund , Karnataka State Co Operative Apex Bank , Rani Laxmibai Urban Co Operative Bank , Urban Co Operative Bank , Nicholson Co Operative Town Bank , Thanjavur District , Reserve Bank , Inspection Report , Thane Bharat Sahakari Bank Limited , Customer Protection , Limiting Liability , Co Operative Banks , Unauthorised Electronic Banking , Laxmibai Urban Co Operative Bank , Banking Regulation Act , Supervisory Action Framework , Depositor Education , Exposure Norms , Karnataka State Cooperative Apex Bank , From States ,

Five cooperative banks have been penalised by the RBI, know details

The RBI also stated that the fines are due to a lack of regulatory compliance. ....

Uttar Pradesh , Tamil Nadu , Nicholson Town Bank No , Thane Bharat Sahakari Bank , Karnataka State Apex Bank Ltd , Rani Laxmibai Urban Bank , Karnataka State Apex Bank , Awareness Fund , Reserve Bank , Karnataka State Co Operative Apex Bank , Karnataka State Co Operative Apex Bank Ltd , Thane Bharat Sahakari Bank Limited , Customer Protection , Co Operative Banks , Unauthorised Electronic Banking , Rani Laxmibai Urban Co Operative Bank , Supervisory Action Framework , Nicholson Co Operative Town Bank , Thanjavur District , Exposure Norms , Urban Co Operative Bank , Depositor Education , Reserve Bank Of India , Cooperative Banks , Arnataka State Cooperative Societies Apex Bank Ltd , Customer Protection ,

From Rs 25 lakh to Rs 10k RBI penalizes five co-op banks

Last week several co-op banks and UCBs were penalized for non-adherence with the norms of RBI. While ....

Uttar Pradesh , Nicholson Town Bank No , Thane Bharat Sahakari Bank , Karnataka State Apex Bank Ltd , Rani Laxmibai Urban Bank , Karnataka State Apex Bank , Awareness Fund , Karnataka State Co Operative Apex Bank , Rani Laxmibai Urban Co Operative Bank , Urban Co Operative Bank , Nicholson Co Operative Town Bank , Thanjavur District , Reserve Bank , Inspection Report , Thane Bharat Sahakari Bank Limited , Customer Protection , Limiting Liability , Co Operative Banks , Unauthorised Electronic Banking , Laxmibai Urban Co Operative Bank , Banking Regulation Act , Supervisory Action Framework , Depositor Education , Exposure Norms , Karnataka State Cooperative Apex Bank , From States ,