RBI imposes hefty fines on 3 co-operative banks for non-compliance, know details | Mint - Mint

The banks on which the RBI imposed penalties include – Nasik Merchant's Co-operative Bank Ltd in Nashik, Maharashtra State Co-operative Bank Ltd in Mumbai and National Central Cooperative Bank Limited in Bettiah.

The Reserve Bank of India on 11 July imposed penalty on three cooperatives banks, including Maharashtra-based Nasik Merchant's Co-operative Bank, for deficiencies in regulatory compliance. The banks … [+1328 chars]

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