Regulatory

Bank Name: The Kalyan Janata Sahakari Bank Limited, Kalyan, Maharashtra Penalty: ₹4.50 lakh

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Bank Name: The Gadhinglaj Urban Co-operative Bank Limited, Gadhinglaj, (Maharashtra) Penalty: ₹ 3 lakh

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Bank Name: Rahimatpur Sahakari Bank Limited, Rahimatpur, Dist. Satara (Maharashtra) Penalty: ₹ 1 lakh

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Earlier, Penalties were imposed on SBI, Indian Bank, Punjab & Sind Bank. Penalties: SBI: ₹1.30 Crore Indian: ₹1.62 Crore P&S Bank: ₹1.00 Crore

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Check out the reasons for the penalties of Crores from the link below:

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