Search For "monetary penalty"
RBI imposes monetary penalty on Bajaj Housing Finance Limited for non-comp
Updated : 2 years, 1 month ago IST
The Reserve Bank of India has imposed a monetary penalty of Rs 5 lakh on Bajaj Housing Finance Limited, Pune for non-compliance with certain provisions.
Read More
RBI imposes Rs 75,000 penalty on Jila Sahakari Kendriya Bank Maryadit in M
Updated : 2 years, 1 month ago IST
The RBI in an official statement issued on Monday said that the action is based on a deficiency in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.
Read More
RBI imposes monetary penalty on Dhanlaxmi Bank, ESAF Small Finance Bank, P
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) has imposed monetary penalties, of varying degrees, against ESAF Small Finance Bank, Dhanlaxmi Bank, and Punjab and Sind Bank over various non-compliances.
Read More
RBI imposes Rs 50,000 penalty on the Stambhadri Co-operative Urban Bank fo
Updated : 2 years, 2 months ago IST
The central bank, through an order dated December 19, 2023, has imposed a monetary penalty of Rs 50,000 on the cooperative bank. This penalty has been levied due to the bank's non-compliance with specific directives issued by the RBI.
Read More
RBI imposes monetary penalty of Rs 5 lakh on Sankheda Nagarik Sahakari Ban
Updated : 2 years, 2 months ago IST
Reserve Bank of India on Thursday said that it has imposed a monetary penalty of Rs 5 lakh on Sankheda Nagarik Sahakari Bank Limited, which is based in Sankheda, Chhotaudepur, Gujarat.
Read More
RBI imposes penalty on Limdi Urban Co-operative Bank for non-compliance
Updated : 2 years, 2 months ago IST
Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 50,000 on The Limdi Urban Co-operative Bank Limited, situated in Dahod, Gujarat.
Read More
RBI imposes monetary penalty of Rs 1.50 lakh on Bhuj Commercial Co-operati
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 1.50 lakh on the Bhuj Commercial Co-operative Bank, which is situated in Kachchh, Gujarat.
Read More
RBI imposes monetary penalty of Rs 5 lakh on Gujarat-based co-operative ba
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 5 lakh on Shree Bharat Cooperative Bank Limited, which is situated in Vadodara, Gujarat.
Read More
RBI imposes monetary penalty on three co-operative banks in Gujarat
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 50,000 on Gujarat-based Panchsheel Mercantile Co-operative Bank in Surat for non-compliance with the directions issued by it on 'Placement of Deposits with Other Banks by Primary (Urban) Co-operativ
Read More
RBI imposes monetary penalty on Sree Chaitanya Co-operative Bank for non-c
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 5,000 on West Bengal-based Sree Chaitanya Co-operative Bank in Nabadwip city for not complying with the directions issued by it on 'Membership of Credit Information Companies (CICs)'.
Read More
RBI imposes monetary penalty of Rs 2 lakh on Sardargunj Mercantile Co-oper
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) on Thursday issued an order imposing a monetary penalty of Rs 2 lakh on Gujarat-based Sardargunj Mercantile Co-operative Bank Limited in Patan, for non-compliance with the directions issued by the central bank on 'Placement of Deposits with Other Banks by Prim
Read More
RBI imposes monetary penalty on four Gujarat-based co-operative banks
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) has imposed monetary penalties on four co-operative banks, ranging from Rs 50,000 to Rs 7 lakh, for some non-compliances.
Read More