RBI Imposes Fine on These 9 Banks - Do you have account in any of them? FULL LIST
Penalties amounting to Rs 11.60 lakh have been imposed on nine entities, including six co-operative banks and three Sahakari banks, RBI said in separate releases.
Reserve Bank on Monday imposed a collective fine of nearly Rs 12 lakh on several co-operative and other banks for violating various banking norms. Penalties amounting to Rs 11.60 lakh have been imposed on nine entities, including six co-operative banks and three Sahakari banks, RBI said in separate releases.
Here is FULL LIST of six co-operative banks, three sahakari banks facing fine by RBI:-
1
Berhampur Cooperative Urban Bank (Odisha) has been fined Rs 3.10 lakh
2
Osmanabad Janata Sahakari Bank, Osmanabad (Maharashtra) Rs 2.5 lakh
3
Santrampur Urban Co-operative Bank Ltd, Santrampur in Mahisagar district (Gujarat) Rs 2 lakh penalty
4
Jila Sahakari Kendriya Bank Maryadit, Balaghat (Madhya Pradesh)
5
Jamshedpur Urban Cooperative Bank Ltd, Jamshedpur, Jharkhand
6
Renuka Nagarik Sahakari Bank Maryadit, Ambikapur (Chhattisgarh)
7
Krishna Mercantile Co-operative Bank Ltd, Bhopal (Madhya Pradesh)
8
Kendrapara Urban Co-operative Bank Ltd, Kendrapara, Odisha
9
The Nawanagar Co-operative Bank Ltd, Jamnagar (Gujarat)
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