Posted inRBI Announcements
RBI Fines Sangli Co-operative Bank ₹7 Lakh
RBI imposes ₹7 lakh monetary penalty on Sangli District Central Co-operative Bank for sanctioning director-related loans, violating the Banking Regulation Act.
Posted inRBI Announcements
RBI Fines Baria Sahakari Bank ₹1 Lakh
RBI fined Shri Baria Nagarik Sahakari Bank ₹1 lakh for failing to conduct internal audits for two years.
Posted inRBI Announcements
RBI Restricts Vikhe Patil Co-operative Bank Nashik
RBI restricts Vikhe Patil Co-operative Bank Nashik from July 17, 2026. Depositors can withdraw up to ₹1 lakh; DICGC cover up to ₹5 lakh applies.
Posted inRBI Announcements
RBI Extends Konark Urban Co-op Bank Directions
RBI extends directions on Konark Urban Co-operative Bank, Ulhasnagar by 3 months until October 23, 2026, subject to review.
Posted inRBI Announcements
RBI Extends Directions for Industrial Co-operative Bank
The RBI has extended directions for Industrial Co-operative Bank, Guwahati by three months, until October 4, 2026, subject to review.