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The Reserve Bank of India has imposed monetary penalty of Rs.61 Lakhs on 3 Co-operative Banks for contravention of the provisions and non-compliance with the directions issued by RBI.

RBI imposed Monetary Penalty on 3 Co-operative Banks; Know Reason

The RBI has imposed several restrictions on Ahmedabad-based Colour Merchants Co-operative Bank, including a withdrawal limit of Rs 50,000 per customer.

RBI imposed Restrictions and Withdrawal Limit of Rs.50,000 on Cooperative Bank

The Reserve Bank of India (RBI) has imposed Monetary Penalty of Rs.20 Lakhs on on 4 Co-operative Banks for non-compliance with the specific directions issued by RBI.

RBI imposed Monetary Penalty on 4 Co-operative Banks for non-compliance with RBI's Direction

RBI has notified that it has cancelled the Licence of The Ananthasayanam Co-operative Bank Ltd. and allowed it to function as non-banking institution.

RBI cancels Licence of The Ananthasayanam Co-operative Bank

The Reserve Bank of India(RBI) has imposed Monetary penalty of Rs.1.55 lakh on Nido Home Finance Limited for Shareholding Violation.

RBI imposed Monetary Penalty on Nido Home Finance Limited for Shareholding Violation

The Reserve Bank of India (RBI) has imposed Monetary Penalty on Sahakari Bank for non-compliance with the directions issued by RBI.

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RBI imposed Monetary Penalty on 3 Co-operative Banks; Know Reason

RBI imposed Restrictions and Withdrawal Limit of Rs.50,000 on Cooperative Bank

RBI imposed Monetary Penalty on 4 Co-operative Banks for non-compliance with RBI's Direction

RBI cancels Licence of The Ananthasayanam Co-operative Bank

RBI imposed Monetary Penalty on Nido Home Finance Limited for Shareholding Violation

RBI imposes Monetary Penalty on Sahakari Bank; Know Reason