NSDP

The Reserve Bank of India (RBI) has, by an order dated August 03, 2022, imposed a monetary penalty of ₹25.00 lakh (Rupees Twenty-Five Lakh only) on Chhattisgarh Rajya Sahakari Bank Maryadit, Raipur (the bank) for non-compliance with certain provisions of the ‘Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016’. This penalty has been imposed in exercise of powers conferred on RBI under section 47 A (1) (c) read with sections 46 (4) (i) and 56 of the Bank

The Reserve Bank of India (RBI) has, by an order dated August 01, 2022, imposed a monetary penalty of ₹2.51 lakh (Rupees Two Lakh and Fifty One Thousand only) on The Goa State Co-operative Bank Ltd., Panaji (the bank) for non-compliance with section 9 read with section 56 of the Banking Regulation Act, 1949 (the Act). This penalty has been imposed in exercise of powers vested in RBI conferred under section 47 A (1) (c) read with sections 46 (4) (i) and 56 of the Act.

The Reserve Bank of India (RBl) has imposed, by an order dated August 05, 2022, a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on Warud Urban Co-operative Bank Ltd., Warud, Maharashtra (the bank) for contravention of/non-compliance with the directions issued by the RBI to Urban Co-operative Banks on Exposure Norms & Statutory/Other Restrictions and Know Your Customer (KYC). This penalty has been imposed in exercise of powers vested in RBI under the provis

The Reserve Bank of India (RBI) has, by an order dated August 01, 2022, imposed a monetary penalty of ₹40.00 lakh (Rupees forty lakh only) on The Mehsana Urban Co-operative Bank Ltd., Mehsana, Gujarat (the bank) for non-compliance with certain provisions of the Reserve Bank of India (Co-operative Banks - Interest Rate on Deposits) Directions, 2016. This penalty has been imposed in exercise of powers vested in RBI conferred under section 47 A (1) (c) read with sections

The Reserve Bank of India (RBl) has imposed, by an order dated August 05, 2022, a monetary penalty of ₹3.50 lakh (Rupees Three lakh fifty thousand only) on The Yavatmal Urban Co-operative Bank Limited, Yavatmal (Maharashtra) (the bank) for contravention of/ non-compliance with the directions issued by the RBI to Urban Co-operative Banks on Know Your Customer (KYC). This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (

The Reserve Bank of India (RBl) has imposed, by an order dated August 05, 2022, a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on Jila Sahakari Kendriya Bank Maryadit, Chhindwara (the bank) for contravention of/ non-compliance with the provisions of the Banking Regulation Act, 1949 (the Act) and directions issued by the Reserve Bank of India (RBI) on Know Your Customer (KYC). This penalty has been imposed in exercise of powers vested in RBI under the provisio

The Reserve Bank of India (RBI) has, by an order dated August 05, 2022, imposed a monetary penalty of ₹2.33 crore (Rupees Two Crore Thirty-Three lakh only) on Spandana Sphoorty Financial Limited, Hyderabad (the company) for non-compliance with certain provisions of the 'Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016”. This penalty has been imposed in exercise of powers vested

The Reserve Bank of India (RBI) has imposed, by an order dated August 04, 2022, a monetary penalty of ₹7.00 lakh (Rupees Seven lakh only) on Indapur Urban Cooperative Bank Ltd., Indapur, Maharashtra (the bank) for contravention of the directions issued by RBI on Exposure Norms and Statutory/Other Restrictions – UCBs. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 5

The Reserve Bank of India (RBl) has imposed, by an order dated August 04, 2022, a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on Garha Co-operative Bank Limited, Guna (M.P.) (the bank) for contravention of/non-compliance with the directions issued by RBI to Urban Cooperative Banks on Income Recognition and Asset Classification (IRAC). This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Sect

Today, the Reserve Bank released the results of the 2021-22 round of the survey of Foreign Liabilities and Assets of the Mutual Fund (MF) Companies1. The survey covered 44 Indian MF companies (list in Annex) and their Asset Management Companies (AMCs), which held/acquired foreign assets/ liabilities during 2021-22 and/or in the preceding year. The information on face value and market value of units held by non-residents, unit premium reserve, other foreign liabilities