cooperative bank
- Business
RBI imposes penalties on nine cooperative banks for violating compliances
New Delhi: The Reserve Bank of India has imposed monetary penalties on nine cooperative banks on account of various contraventions or non compliances of laid down guidelines. These banks are The Berhampur…
- India
RBI extends curbs on UP-based People’s Co-operative Bank
Mumbai: The Reserve Bank of India (RBI) has extended restrictions on People’s Co-operative Bank Limited, Kanpur, for a further period of three months from September 11 to December 10. The bank has been…
- India
RBI imposes penalties on 4 cooperative banks
Mumbai: The Reserve Bank on Tuesday said it has imposed penalties on four co-operative banks, including a Rs 112.50 lakh fine on Hyderabad-based Andhra Pradesh Mahesh Co-operative Urban Bank, for contravention of certain…
- Business
After PMC debacle, RBI to issue draft norms for cooperative bank
Mumbai: The Reserve Bank of India (RBI) said on Thursday it will take steps to strengthen the safety of depositors dealing with cooperative banks. The move comes after the recent Punjab and…
