Posted inRBI Announcements
RBI Penalises Shajapur Co-op Bank ₹1 Lakh
RBI fined Jilla Sahakari Kendriya Bank Maryadit, Shajapur ₹1 lakh for failing to transfer unclaimed deposits to DEAF on time.
Posted inRBI Announcements
RBI Fines Raigad Co-op Bank ₹10.10 Lakh
RBI has fined Raigad District Central Co-operative Bank ₹10.10 lakh for sanctioning a director loan and failing to report credit data to CICs.
Posted inRBI Announcements
RBI Fines Rajnandgaon Co-op Bank ₹1 Lakh
RBI imposed a ₹1 lakh penalty on Rajnandgaon Kendriya Sahakari Bank for paying additional interest to ineligible depositors.
Posted inRBI Announcements
RBI Extends Suri Friends Union Bank Directions
RBI extends Suri Friends Union Co-operative Bank directions by 3 months to October 22, 2026, subject to review.
Posted inRBI Announcements
RBI Fines Ashok Sahakari Bank ₹10 Lakh
RBI fined Ashok Sahakari Bank ₹10 lakh for sanctioning a loan to its own director, violating the Banking Regulation Act.
Posted inRBI Announcements
RBI Fines Nabapalli Cooperative Bank ₹3 Lakh
RBI imposes ₹3 lakh KYC penalty on Nabapalli Cooperative Bank, West Bengal for failing to upload customer records to CKYCR on time.