Reserve Bank of India imposes monetary penalty on the following banks based on the inspection conducted by RBI
RBI imposes monetary penalty on the following banks
Kotak Mahindra Bank Limited - Imposed a monetary penalty of ₹1,05,00,000/-
Nav Jeevan Co-operative Bank Ltd., Ulhasnagar - Imposed a monetary penalty of ₹2,00,000 /-
IndusInd Bank Ltd - Imposed a monetary penalty of ₹1,00,00,000 /-
Balangir District Central Cooperative Bank Limited, Balangir, Odisha - Imposed a monetary penalty of ₹1,00,000 /-
The Palani Co-operative Urban Bank Limited.Palani, Dindigul District, Tamil Nadu - Imposed a monetary penalty of ₹2,00,000 /-
Dhakuria Cooperative Bank Ltd., Kolkata, West Bengal - Imposed a monetary penalty of ₹2,00,000 /-
