The Reserve Bank of India (RBI) has, by an order dated May 06, 2025, imposed a monetary penalty of ₹1.50 lakh (Rupees One Lakh Fifty Thousand only) on The Nicholson Co-operative Town Bank Ltd., Tamil Nadu (the bank) for non-compliance with certain directions issued by RBI on ‘Loans and advances to directors, their relatives, and firms /concerns in which they are interested’ and ‘Know Your Customer (KYC)’. 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 May 06, 2025, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on Vishwakalyan Sahakara Bank Niyamit, Hubli, Karnataka (the bank) for contravention of provisions of Section 31 read with Section 56 of the Banking Regulation Act, 1949 (BR Act). 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.

The Reserve Bank of India (RBI) has, by an order dated May 06, 2025, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on Sree Harihareshwara Urban Co-operative Bank Limited, Harihar, Karnataka (the bank) for contravention of provisions of Section 31 read with Section 56 of the Banking Regulation Act, 1949 (BR Act). 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.

भारतीय रिझर्व बँकेने सिद्धेश्वर अर्बन को- ऑपरेटिव्ह बँक मर्यादित , सिल्लोड, औरंगाबाद महाराष्ट्र वर आर्थिक दंड ठोठावला

भारतीय रिझर्व बँकेने (आरबीआई) दिनांक 02 मे 2025 रोजीच्या आदेशाद्वारे दि पुसद अर्बन को-ऑपरेटिव्ह बॅंक लिमिटेड, पुसद , महाराष्ट्र (बँक) वर ‘ उत्पन्न ओळख व मालमत्ता वर्गीकरण, तरतूद व इतर संबंधित बाबी- UCBs ‘, ‘ सहकारी बँका- ठेवींवरील व्याजदर’, आणि आरबीआईने पर्यवेक्षी कृती चौकटी (SAF) अन्तर्गत जारी केलेल्या विशिष्ट निर्देशांचे पालन न केल्याबद्दल ₹7.50 लाख (केवळ सात लाख पन्नास हजार रुपये) चा आर्थिक दंड ठोठावला आहे. बँकिंग नियमन कायदा, 1949 (BR कायदा) च्या कलम 46(4)(i) आणि कलम 56 सह लागू असलेल्या कलम 47A(1)(c) अन्वये भारतीय रिझर्व बँकेला प्रदान केलेल्या अधिकाराचा वापर करून हा दंड ठोठावण्यात आला आहे.

भारतीय रिझर्व बँकेने (आरबीआई) दिनांक 03 एप्रिल 2025, रोजीच्या आदेशाद्वारे श्री गणेश सहकारी बँक लिमिटेड, नाशिक, महाराष्ट्र् (बँक) वर बँकिंग नियमन कायदा, 1949 (BR कायदा) च्या कलम 56 सह लागू असलेल्या कलम 26A चे उल्लंघन केल्याबद्दल व ‘आपला ग्राहक जाणून घ्या (KYC)’ प्रक्रियेबाबत RBI ने जारी केलेल्या काही दिशानिर्देशां चे पालन न केल्याबद्दल ₹1 लाख (केवळ एक लाख रुपये) चा आर्थिक दंड ठोठावला आहे. बँकिंग नियमन कायदा, 1949 (BR कायदा) च्या कलम 46(4)(i) आणि कलम 56 सह लागू असलेल्या

The Reserve Bank of India (RBl) has, by an order dated March 25, 2025, imposed a monetary penalty of ₹0.75 lakh (Rupees Seventy Five Thousand only) on The Jalna People’s Cooperative Bank Ltd., Jalna, Maharashtra (the bank) for non-compliance with the RBI Directions on ‘Gold Loan – Bullet Repayment – Primary (Urban) Co-operative Banks (UCBs)’. 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 March 27, 2025, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on Porbandar Commercial Co-operative Bank Limited, Dist. Porbandar, Gujarat (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’. 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 March 27, 2025, imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on The Santrampur Urban Co-operative Bank Ltd., Santrampur, Mahisagar District, Gujarat (the bank) for non-compl

The Reserve Bank of India (RBI) has, by an order dated March 26, 2025, imposed a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on The Mysore and Chamarajnagar District Co-operative Central Bank Ltd., Karnataka (the bank) for contravention of provisions of Section 20 read with Section 56 of the Bank