Today news
About the same in other media
RBI imposes monetary penalty of ₹60.30 lakh on five co-operative banks. Details here
Reading now: 247
₹60.3 lakh on five cooperative banks for contravention of various regulatory norms. A penalty of ₹43.30 lakh has been imposed on Rajkot Nagarik Sahakari Bank for non-compliance with RBI directions on 'ban on loans and advances to directors and their relatives, and firms/concerns in which they are interested', 'prohibition on opening of saving bank accounts in the names of certain bodies/organizations' and 'maintenance of deposit accounts'.
The central bank has imposed a monetary penalty of ₹5 lakh each on The Kangra Co-operative Bank (New Delhi), Rajdhani Nagar Sahkari Bank (Lucknow), and Zila Sahakari Bank, Garhwal (Kotdwar, Uttarakhand). Besides, a penalty of ₹2 has been imposed on the District Co-operative Bank (Dehradun).
Read more on livemint.comAbout this in other media
TOEFL: Highest average scorers hail from Dehradun, Guntur, Mysuru; details here livemint.com /7 months ago
Punjab plans to leverage Brazil’s expertise in curbing livestock diseases livemint.com /7 months ago
Top news of April 20: HDFC Bank's Q4 results, Elon Musk's India visit update, Iran-Israel tensions and more livemint.com /8 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
