COOPERATIVEBANKS
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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Moneylife Digital Team 08 April 2026
The Mumbai zonal office of the directorate of enforcement (ED) has provisionally attached assets worth about ₹16.95 crore in connection with a ₹122 crore embezzlement case linked to New India Cooperative Bank Ltd (NICBL), intensifying its crackdown on financial fraud.

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Moneylife Digital Team 07 April 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹1.09 lakh on Maharashtra-based Dr Panjabrao Deshmukh Urban Cooperative Bank Ltd for failing to comply with certain regulatory directions.

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Moneylife Digital Team 13 March 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹80,000 on two cooperative banks for non-compliance with the directions issued by the banking regulator.

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Moneylife Digital Team 06 March 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹10,000 on Maharashtra-based Samruddhi Sahakari Bank Ltd

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Moneylife Digital Team 06 March 2026
Reserve Bank of India (RBI) has revived its earlier order cancelling the banking licence of Shimsha Sahakara Bank Niyamitha

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Moneylife Digital Team 27 February 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹7.10 lakh on five cooperative banks for non-compliance with the directions issued by the banking regulator.

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Moneylife Digital Team 17 February 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹40,000 on Parner, Maharashtra-based Matoshri Mahila Sahakari Bank Ltd for non-compliance with certain RBI directions related to know-your-customer (KYC) norms.

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Moneylife Digital Team 13 February 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹5 lakh on two cooperative banks for non-compliance with the directions issued by the banking regulator.

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Moneylife Digital Team 10 February 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹15 lakh on Mumbai-based Bharat Cooperative Bank Ltd for non-compliance with certain directions issued by RBI on interest rates on deposits.

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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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