COOPERATIVEBANKS
Moneylife Digital Team 03 February 2026
Reserve Bank of India (RBI) has imposed penalties totalling ₹4 lakh on two cooperative banks for violations of its know-your-customer (KYC) norms.

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Moneylife Digital Team 30 January 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹50,000 on Maharashtra-based Rajapur Urban Cooperative Bank Ltd for non-compliance with directions relating to loans and advances granted to directors, their relatives and firms or concerns in which they have an interest.

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Moneylife Digital Team 05 January 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹2 lakh on Mau, Uttar Pradesh-based Jila Sahakari Bank Ltd for non-compliance with directions issued by RBI on know-your-customer (KYC).

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Moneylife Digital Team 19 December 2025
Reserve Bank of India (RBI) has imposed a penalty of ₹3 lakh on two cooperative banks from Tamil Nadu for non-compliance with the directions issued by the banking regulator.

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Moneylife Digital Team 16 December 2025
Reserve Bank of India (RBI) has imposed a penalty of ₹1 lakh on the Tamil Nadu-based Kovilpatti Cooperative Urban Bank for non-compliance with directions issued by the banking regulator.

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Moneylife Digital Team 12 December 2025
Reserve Bank of India (RBI) has imposed a penalty of ₹13,000 on Odisha-based Cooperative Urban Bank Ltd, for non-compliance with the directions issued by the banking regulator.

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Moneylife Digital Team 09 December 2025
Reserve Bank of India (RBI) has imposed a total penalty of ₹4.25 lakh on three cooperative banks for non-compliance with its regulatory directions.

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Moneylife Digital Team 02 December 2025
Reserve Bank of India (RBI) has imposed a penalty of ₹2.50 lakh on two cooperative banks from Tamil Nadu for non-compliance with the directions issued by the banking regulator. The highest penalty of ₹2 lakh has been imposed on Arni Cooperative Town Bank Ltd. Kallidaikurichi Cooperative Urban Bank Ltd has been fined ₹50,000.

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Moneylife Digital Team 25 November 2025
Reserve Bank of India (RBI) has imposed a total penalty of ₹5.50 lakh on three cooperative banks for non-compliance with its regulatory directions.

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Moneylife Digital Team 21 November 2025
Reserve Bank of India (RBI) has imposed a total penalty of ₹7 lakh on three cooperative banks and a non-banking financial company (NBFC) for non-compliance with regulatory directions.

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Moneylife Digital Team 11 November 2025
Reserve Bank of India (RBI) has imposed penalties totalling Rs4 lakh on three cooperative banks for failing to comply with the directions issued by the banking regulator.

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Moneylife Digital Team 05 November 2025
Reserve Bank of India (RBI) has imposed penalties of Rs11.60 lakh on three cooperative banks and one housing finance company (HFC) from Maharashtra for non-compliance with the directions issued by the banking regulator.

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Moneylife Digital Team 31 October 2025
Reserve Bank of India (RBI) has imposed a penalty of Rs26 lakh on two cooperative banks for non-compliance with the directions issued by the banking regulator. The highest penalty of Rs25 lakh has been imposed on Gujarat-based Mehsana Urban Cooperative Bank Ltd.

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Moneylife Digital Team 24 October 2025
Reserve Bank of India (RBI) has imposed a penalty of Rs5 lakh on Uttar Pradesh-based Rampur Jilla Sahkari Bank Ltd for contravention of provisions of Section 26A read with Section 56 of the Banking Regulation Act, 1949 (BR Act).

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Moneylife Digital Team 17 October 2025
Reserve Bank of India (RBI) has imposed penalties of Rs18 lakh on five cooperative banks and a housing finance company (HFC) for non-compliance with the directions issued by the banking regulator.

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Moneylife Digital Team 12 September 2025
Reserve Bank of India (RBI) has imposed a penalty of Rs3.50 lakh on two cooperative banks for non-compliance with the directions issued by the banking regulator.

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Moneylife Digital Team 10 September 2025
Reserve Bank of India (RBI) has imposed a penalty of Rs9.10 lakh on two cooperative banks from the North-eastern states for non-compliance with the directions issued by the banking regulator. The highest penalty of Rs7.50 lakh has been imposed on Tripura State Cooperative Bank Ltd. Manipur Women’s Cooperative Bank Ltd has been penalised Rs1.60 lakh.

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Moneylife Digital Team 09 September 2025
Reserve Bank of India (RBI) has imposed penalties totalling Rs8.60 lakh on three cooperative banks for failing to comply with the directions issued by the banking regulator.

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Moneylife Digital Team 29 August 2025
Reserve Bank of India (RBI) has imposed a total penalty of Rs2.95 lakh on four cooperative banks for non-compliance with its regulatory directions.

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Moneylife Digital Team 18 August 2025
Reserve Bank of India (RBI) has imposed a penalty of Rs13.70 lakh on five cooperative banks, including four from Gujarat and one from Maharashtra, for non-compliance with the directions issued by the banking regulator.

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