Enforcement

The Reserve Bank of India (RBI) has, by an order dated November 13, 2025, imposed a monetary penalty of ₹39.60 lakh (Rupees Thirty Nine Lakh Sixty Thousand only) on Tamilnad Mercantile Bank Limited (the bank) for contravention of provisions of section 10A of Payment and Settlement Systems Act, 2007 (PSS Act) and section 26A 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 30(1) read with section 26(6) of the PSS Act and section 47A(1)(c) read with section 46(4)(i) of the BR Act.

The Reserve Bank of India (RBI) has, by an order dated November 06, 2025, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The District Co-operative Central Bank Limited, Eluru, 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.

The Reserve Bank of India (RBI) has, by an order dated November 06, 2025, imposed a monetary penalty of ₹1.50 lakh (Rupees One Lakh Fifty Thousand only) on The Karaikudi Co-opera

The Reserve Bank of India (RBI) has, by an order dated November 06, 2025, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on The Mumbai District Central Co-operative Bank Ltd., Maharashtra (the bank), for contravention of provisions of Section 20 of the Banking

The Reserve Bank of India (RBl) has, by an order dated October 14, 2025, imposed a monetary penalty of ₹8 lakh (Rupees Eight Lakh only) on Latur District Central Co-operative Bank Ltd., Maharashtra (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 ‘Know Your Customers (KYC)’. 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, by an order dated October 14, 2025, imposed a monetary penalty of ₹1.50 lakh (Rupees One Lakh Fifty Thousand only) on Parbhani District Central Cooperative Bank Ltd., Maharashtra (the bank), for contravention of provisions of Section 20 read with Section 56 of the Banking Regulation Act, 1949 (BR Act) and certain

The Reserve Bank of India (RBI) has, by an order dated October 23, 2025, imposed a monetary penalty of ₹10,000/- (Rupees Ten Thousand only) on Viva Home Finance Limited, Palghar, Maharashtra (the company) for non-compliance with certain directions issued by RBI on ‘Non-banking Financial Company - Housing Finance Company (Reserve Bank) Directions, 2021’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 52A of the National Housing Bank Act, 1987.

The Reserve Bank of India (RBI) has, by an order dated October 23, 2025, imposed a monetary penalty of ₹2 lakh (Rupees

The Reserve Bank of India (RBl) has, by an order dated October 23, 2025, imposed a monetary penalty of ₹1

The Reserve Bank of India (RBI) has, by an order dated October 28, 2025, imposed a monetary penalty of ₹25 lakh (Rupees Twenty Five Lakh only) on The Mehsana Urban Co-operative Bank Limited, Gujarat (the bank), for non-compliance with certain directions issued by RBI on ‘Income Recognition, Asset Classification, Provisioning and Other Related Matters - 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.