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 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 Fines Arvind Sahakari Bank ₹11 Lakh
RBI imposed an ₹11 lakh penalty on Arvind Sahakari Bank, Katol, for violating housing finance and deposit interest rate norms.
Posted inRBI Announcements
RBI Fines PAN Emami Cosmed ₹3.10 Lakh
RBI has fined PAN Emami Cosmed Limited ₹3.10 lakh for breaching credit concentration exposure limits set for a single group of parties.
Posted inRBI Announcements
RBI Fines Surat People’s Co-op Bank ₹13.30 Lakh
RBI imposed a ₹13.30 lakh penalty on Surat People's Co-operative Bank for governance violations involving directors' conflict of interest.
Posted inRBI Announcements
RBI Fines Sri Bharathi Co-op Bank Hyderabad
RBI imposes ₹1.50 lakh penalty on Sri Bharathi Co-op Bank Hyderabad for director loans and small value lending violations.