RBI penalizes four UCBs for norm-violations; fine from Rs 1-3 lakhs
The Reserve Bank of India imposed a monetary penalty on several cooperative banks for breaching the RBI regulatory norms and ...
Tag: kyc
RBI penalizes three co-op banks including Kanyakumari DCCB
The Reserve Bank of India imposed a penalty on three cooperative banks on Monday. These banks are Kanyakumari District Central ...
Rs 23 lakhs penalty slapped on Karnataka State Co-op Apex Bank
The Reserve Bank of India has, by an order dated April 11, 2023, imposed a monetary penalty of Rs 23.23 ...
RBI imposes penalties on ten UCBs; cancels license of Garha Co-op Bank
The Reserve Bank of India on Monday imposed a monetary penalty on 10 cooperative banks for various acts of omission ...
Four UCBs & One DCCB fined by RBI for violating regulator’s norms
The Reserve Bank of India has imposed penalties on five co-op banks and extended direction on one UCB namely Sri ...
RBI penalizes 13 co-op banks; most for non-adherence with KYC
Come Monday and RBI comes out with a long list of defaulting co-op banks. This Monday, however, this list is ...
Tiruchengode Co-op Urban Bank penalized
The Reserve Bank of India has imposed a monetary penalty of Rs 10.00 lakh on the Tiruchengode Co-operative Urban Bank ...
Morena DCCB penalized for flouting KYC norms
The Reserve Bank of India has imposed a monetary penalty of Rs 50,000 on Jila Sahakari Kendriya Bank Maryadit, Morena ...
RBI imposes penalties on three UCBs & one DCCB
The Reserve Bank of India has imposed monetary penalties on four banks which included Mahesh Urban Co-operative Bank, The Nanded ...
Delay in DICGC settlement: Peeved PMC depositors write to RBI
The PMC Bank Account Holders Forum has written a letter to the Reserve Bank of India (RBI), Governor Shaktikanta Das, ...
Jila Sah Kendriya Bank Maryadit, Panna penalized
The Reserve Bank of India has imposed a monetary penalty of Rs 1.00 lakh on Jila Sahakari Kendriya Bank Maryadit, ...
Three co-op banks fined on Thursday
Thursday proved unlucky for co-op sector as three of the co-operative banks were penalized by the RBI for violation of ...
Anuradha UCB & Nagrik Sah Bank Maryadit penalized
Last week the Reserve Bank of India imposed penalties on two UCBs namely Buldhana based Anuradha Urban Co-operative Bank and ...
Buldana Urban admits discrepancy but calls raids politically motivated
The Income Tax raid on Buldana Urban has shaken the entire credit co-op sector in the country. CBDT says it ...
RBI penalizes three UCBs on Tuesday
Tuesday proved unlucky for urban co-op banks when three of them were penalized by the RBI for violation of various ...
