monetary penalty by rbi

RBI imposes monetary penalty on 5 cooperative banks

The Reserve Bank of India (RBI) has fined five cooperative banks for violating or failing to comply with various central bank directives. Shree Mahayogi Lakshmamma Co-operative Bank Ltd., Kurnool, Andhra Pradesh; The Attur Town Co-operative Bank Ltd., Attur, Salem District, Tamil Nadu; Gondia District Central Co-operative Bank Limited, Gondia (Maharashtra);...