The Reserve Bank of India (RBI) has, by an order dated September 25, 2025, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on The Sultan’s Battery Co-operative Urban Bank Limited, Wayanad, Kerala (the bank) for non-compliance with certain directions issued by RBI on ‘Loans and advances to directors, their relatives

भारतीय रिझर्व्ह बँकेने (आरबीआय) दिनांक 25 सप्टेंबर 2025 रोजीच्या आदेशाद्वारे बीड डिस्ट्रिक्ट सेंट्रल को- ऑपरेटिव्ह बँक मर्यादित, बीड, महाराष्ट्र (बँक) वर, बँकिंग नियमन कायदा 1949 (BR कायदा) च्या कलम 56 सह कलम 26A मधील काही तरतुदींचे उल्लंघन केल्याबद्दल आणि 'सहकारी बँकां द्वारा स्वीकारलेले क्रेडिट माहिती कंपन्यांचे (CICs) सदस्यत्व' आणि ‘आपला ग्राहक जाणून घ्या (KYC)’ याबाबत भारतीय रिझर्व्ह बँकेने जारी केलेल्या काही दिशानिर्देशांचे पालन न केल्याबद्दल ₹2.25 लाख (रुपये दोन लाख पंचवीस हजार केवळ) चा आर्थिक दंड ठोठावला आहे. BR कायद्याच्या कलम 46(4)(i) आणि कलम 56 सह लागू असलेल्या कलम 47A(1)(c) आणि क्रेडिट माहिती कंपन्या (नियमन) अधिनियम, 2005 च्या कलम 25 अन्वये आरबीआयला प्रदान केलेल्या अधिकाराचा वापर करून हा दंड ठोठावण्यात आला आहे.

The Reserve Bank of India (RBI) has, by an order dated September 25, 2025, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The Nilambur Co-operative Urban Bank Limited, Kerala (the bank) for non-compliance with certain directions issued by RBI on ‘Co-operative Banks - Interest Rate on Deposits’. 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 September 23, 2025, imposed a monetary penalty of ₹1.50 lakh (Rupees One Lakh Fifty Thousand only) on The South Canara District Central Co-operative Bank Ltd, Karnataka (the bank) for non-compliance with certain directions issued by RBI on ‘Housing finance’ read with ‘Enhancement in Individual housing loan limits and credit to Commercial Real Estate - Residential Housing (CRE-RH)’ and contravention of provisions of Section 19 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 September 23, 2025, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The Tamil Nadu Circle Postal Co-operative Bank Ltd., Tamil Nadu (the bank) for non-compliance with specific directions issued by RBI under ‘Supervisory Action Framework (SAF)’. 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 September 23, 2025, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Gayatri Co-operative Urban Bank Ltd., Jagtial, Telangana (the bank) for non-compliance with certain directions issued by RBI on ‘Marketing / Distribution of Mutual Fund / Insurance Products by Urban Cooperative 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 Banking Regulation Act, 1949.

The Reserve Bank of India (RBI) has, by an order dated September 23, 2025, imposed a monetary penalty of ₹1.50 lakh (Rupees One Lakh Fifty Thousand only) on The South Canara District Central Co-operative Bank Ltd, Karnataka (the bank) for non-compliance with certain directions issued by RBI on ‘Housing finance’ read with ‘Enhancement in Individual housing loan limits and credit to Commercial Real Estate - Residential Housing (CRE-RH)’ and contravention of provisions of Section 19 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 September 23, 2025, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The Guntur District Co-operative Central Bank Limited, Andhra Pradesh (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.