Enforcement

The Reserve Bank of India (RBl) has imposed, by an order dated August 26, 2025, a monetary penalty of ₹1 lakh (Rupees One Lakh only) on Jilla Sahakari Kendriya Bank Maryadit, Ujjain, Madhya Pradesh (the bank) for contravention of provisions of Section 26A read with Section 56 of the Banking Regulation Act, 1949 (BR Act). This p

The Reserve Bank of India (RBl) has imposed, by an order dated August 26, 2025, a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on Jilla Sahakari Kendriya Bank Maryadit, Damoh, Madhya Pradesh (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 of powers conferred on RBI under the provisions of Section 47A(1)(c) and Section 46(4)(i) read with Section 56 of the BR Act.

The Reserve Bank of India (RBl) has imposed, by an order dated August 26, 2025, a monetary penalty of ₹1 lakh (Rupees One Lakh only) on Jila Sahakari Kendriya Bank Maryadit, Narmadapuram, Madhya Pradesh, (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 of powers conferred on RBI under the provisions of Section 47A(1)(c) and Section 46(4)(i) read with Section 56 of the BR Act.