The Reserve Bank of India (RBI) has, by an order dated August 07, 2025, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on The Kasaragod Co-operative Town Bank Limited, Kasaragod, Kerala (the bank) for non-compliance with certain directions issued by RBI on ‘Limits on exposure to single and group borrowers / parties and large exposures and Revision in the target for priority sector lending - UCBs’, ‘Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs)’ and ‘Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs)’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section

The Reserve Bank of India (RBI) has, by an order dated August 05, 2025, imposed a monetary penalty of ₹2.53 lakh (Rupees Two Lakh Fifty Three Thousand only) on The Utkal Cooperative Bank Limited, Bhubaneswar (the bank) for non-compliance with specific directions issued by RBI under ‘Supervisory Action Framework (SAF)’ and certain directions issued on ‘Membership of Credit Information Companies (CICs) by Co-operative Banks’ and ‘Know Your Customer (KYC)’. This penalty has been imposed

The Reserve Bank of India (RBl) has imposed, by an order dated August 07, 2025, a monetary penalty of ₹1 lakh (Rupees One Lakh only) on District Central Co-operative Bank Ltd., Bilaspur, Chhattisgarh (the bank) for contravention of provisions of Section 26A read with Section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise

The Reserve Bank of India (RBI) has, by an order dated August 07, 2025, imposed a monetary penalty of ₹75.00 lakh (Rupees Seventy Five Lakh only) on ICICI Bank Limited (the bank) for non-compliance with certain directions issued by RBI on ‘Valuation of Properties - Empanelment of Valuers’ and ‘Opening of Current Accounts by Banks – Need for discipline’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949.

The Reserve Bank of India (RBI) has, by an order dated August 05, 2025, imposed a monetary penalty of ₹16 lakh (Rupees Sixteen Lakh only) on Andaman & Nicobar State Co-operative Bank Limited (the bank) for contravention of provisions of Section 26A read with Section 56 of the Ban

The Reserve Bank of India (RBI) has, by an order dated August 05, 2025, imposed a monetary penalty of ₹3.03 lakh (Rupees Three Lakh Three Thousand only) on The Katihar District Central Co-operative Bank Limited, Bihar (the bank) for contravention of provisions of Section 20 read with Section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by RBI on ‘Membership of Credit Information Companies (CICs) by Co-operative Banks’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the BR Act and Section 25 read with Section 23 of the Credit Information Companies (Regulation) Act, 2005.

The Reserve Bank of India (RBl) has, by an order dated July 31, 2025, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on The Chanasma Nagrik Sahakari Bank Limited, Chanasma, Dist. Patan, Gujarat (the bank) for non-compliance with certain directions issued by RBI on ‘Customer Protection - Limiting Liability of Customers of Co-operative Banks in Unauthorised Electronic Banking Transactions’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

The Reserve Bank of India (RBI) has, by an order dated August 05, 2025, imposed a monetary penalty of ₹3.10 lakh (Rupees Three Lakh Ten Thousand only) on Raiganj Central Co-operative Bank Limited, West Bengal (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’. This