COOPERATIVEBANKS
Moneylife Digital Team 11 August 2026
Reserve Bank of India (RBI) has imposed a ₹50,000 penalty on Maharashtra-based Amravati District Central Cooperative (DCC) Bank Ltd

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Moneylife Digital Team 24 July 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹27.30 lakh on six cooperative banks for non-compliance with the directions issued by the banking regulator.

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Moneylife Digital Team 14 July 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹44.80 lakh on five cooperative banks for non-compliance with the directions issued by the banking regulator.

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Moneylife Digital Team 03 July 2026
Reserve Bank of India (RBI) has imposed penalties aggregating ₹2.15 lakh on three cooperative banks, two in Maharashtra and one in Uttar Pradesh (UP), for violating various regulatory directions.

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Moneylife Digital Team 26 June 2026
Reserve Bank of India (RBI) has imposed penalties totalling ₹5 lakh on three cooperative banks for non-compliance with various regulatory directions issued by the banking regulator.

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Moneylife Digital Team 23 June 2026
Reserve Bank of India (RBI) has imposed penalties totalling ₹7 lakh on three cooperative banks for non-compliance with various regulatory directions issued by the banking regulator.

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Moneylife Digital Team 22 June 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹3 lakh on Uttar Pradesh-based Sultanpur Jilla Sahkari Bank Ltd

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Moneylife Digital Team 19 June 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹4.10 lakh on five cooperative banks for non-compliance with the directions issued by the banking regulator.

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Moneylife Digital Team 18 June 2026
Reserve Bank of India (RBI) has cancelled the certificate of registration (CoR) of Gokak, Karnataka-based Shree Mahalaxmi Urban Cooperative Credit Bank Ltd due to inadequate capital and poor earnings prospects. RBI has directed Shree Mahalaxmi Urban Cooperative Credit Bank to cease banking operations from 18 June 2026.

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Moneylife Digital Team 16 June 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹5 lakh on Bangalore, Karnataka-based Mahila Cooperative Bank Ltd

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Moneylife Digital Team 09 June 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹3.50 lakh on two cooperative banks, one from Haryana and the other from Maharashtra, for non-compliance with the directions issued by the banking regulator.

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Moneylife Digital Team 28 May 2026
Reserve Bank of India (RBI) has imposed penalties totalling ₹6 lakh on three cooperative banks for non-compliance with various regulatory directions issued by the banking regulator.

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Moneylife Digital Team 19 May 2026
Reserve Bank of India (RBI) has cancelled the certificate of registration (CoR) of Phaltan, Maharashtra-based Yashwant Cooperative Bank Ltd due to inadequate capital and poor earnings prospects.

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Moneylife Digital Team 19 May 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹20,000 on Bihar-based Aurangabad District Central Cooperative (DCC) Bank Ltd for non-compliance with directions related to credit information reporting.

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Moneylife Digital Team 15 May 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹17.80 lakh on two cooperative banks, one from Gujarat and the other from Madhya Pradesh, for non-compliance with the directions issued by the banking regulator.

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Moneylife Digital Team 08 May 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹5.40 lakh on two cooperative banks, one from Mandi in Himachal Pradesh and the other from Maharashtra, for non-compliance with the directions issued by the banking regulator.

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Moneylife Digital Team 28 April 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹3.30 lakh on Mumbai-based Janakalyan Sahakari Bank Ltd for non-compliance with directions issued by RBI on exposure ceiling to group borrowers.

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Moneylife Digital Team 24 April 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹2.60 lakh on two cooperative banks and Ebix Payment Services Pvt Ltd for non-compliance with the directions issued by the banking regulator.

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Moneylife Digital Team 14 April 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹7.50 lakh on Himachal Pradesh State Cooperative Bank Ltd for non-compliance with certain directions on know-your-customer (KYC) norms.

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