RBI imposes monetary penalty on five co-operative banks. Details here
The RBI has imposed monetary penalties on 5 co-operative banks for deficiencies in regulatory compliance. These co-operative banks are: Uma Co-operative Bank, Pij People’s Co-operative Bank, Mizoram Co-operative Apex Bank, Birbhum District Central Co-operative Bank and Shihori Nagarik Sahakari Bank
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