Category Archives: RBI Press Release

RBI imposes monetary penalty on Dr. Jaiprakash Mundada Urban Co-operative Bank Limited, Hingoli, Maharashtra

The Reserve Bank of India (RBl) has, by an order dated April 04, 2024, imposed [...]

RBI imposes monetary penalty on Nagar Sahakari Bank Ltd., Gorakhpur

The Reserve Bank of India (RBI) has imposed, by an order dated March 31, 2024, [...]

Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Karmala Urban Co-operative Bank Limited, Solapur, Maharashtra – Extension of Period

The Reserve Bank of India issued Directions to The Karmala Urban Co-operative Bank Limited, Solapur, [...]

Extension of validity of Directions under Section 35A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P.)

The Reserve Bank of India, vide directive DOS.CO.OCCD/185569/12.28.007/2021-2022 dated January 28, 2022 issued under section [...]

Result of the 4-day Variable Rate Repo (VRR) auction held on April 25, 2024

Tenor 4-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ [...]

RBI cautions public against Prepaid Payment Instruments issued by unauthorised entities

It had come to the notice of Reserve Bank of India (RBI) that TalkCharge Technologies [...]

RBI imposes monetary penalty on Sadbhav Nagarik Sahakari Bank Maryadit, Chhatarpur (MP)

The Reserve Bank of India (RBl) has, by an order dated April 02, 2024, imposed [...]

RBI imposes monetary penalty on Bilaspur Nagrik Sahakari Bank Limited, Bilaspur (CG)

The Reserve Bank of India (RBl) has by an order dated April 03, 2024, imposed [...]

RBI imposes monetary penalty on The Bishnupur Town Cooperative Bank Ltd., West Bengal

The Reserve Bank of India (RBI) has, by an order dated April 03, 2024, imposed [...]