RBI penalty on co-operative bank

RBI imposes monetary penalty on three cooperative banks

The Reserve Bank of India (RBI) on December sixteen imposed economic consequences on 3 cooperative banks for violation of rules. These entities are Jila Sahakari Kendriya Bank Maryadit, Rajgarh, Mahila Nagrik Sahakari Bank Maryadit, Mahasamund and Jila Sahakari Kendriya Bank Maryadit, Jabalpur (M.P.). The consequences pertain to rule violations onContinue Reading

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RBI penalty on co-operative bank