(357 kb) Date : May 16, 2024 RBI imposes monetary penalty on The Sutex Co-operative Bank Ltd., Surat, Gujarat The Reserve Bank of India (RBI) has, by an order dated April 26, 2024, imposed a monetary penalty of ₹5.00 lakh (Rupees Five lakh only) on The Sutex Co-operative Bank Ltd., Surat, Gujarat (the bank) for
(403 kb) Date : May 14, 2024 RBI imposes monetary penalty on The Vaijapur Merchants Co-operative Bank Ltd., Vaijapur, Maharashtra The Reserve Bank of India (RBl) has by an order dated April 25, 2024, imposed a monetary penalty of ₹2.50 lakh (Rupees Two lakh Fifty thousand only) on The Vaijapur Merchants Co-operative Bank Ltd., Vaijapur
(322 kb) Date : May 10, 2024 RBI appoints Shri R. Lakshmi Kanth Rao as new Executive Director The Reserve Bank of India (RBI) has appointed Shri R. Lakshmi Kanth Rao as Executive Director (ED) with effect from May 10, 2024. Prior to being promoted as ED, Shri Rao was serving as Chief General Manager-in-Charge
(356 kb) Date : May 09, 2024 RBI imposes monetary penalty on Thoothukudi District Central Co-operative Bank Ltd., Thoothukudi, Tamil Nadu The Reserve Bank of India (RBI) has, by an order dated May 06, 2024, imposed a monetary penalty of ₹50,000/- (Rupees Fifty thousand only) on Thoothukudi District Central Co-operative Bank Ltd., Thoothukudi, Tamil Nadu
(360 kb) Date : May 07, 2024 Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka…
