RBI imposes monetary penalty on four co-operative banks. Details here

The RBI has imposed monetary penalties on four co-operative banks for deficiencies in regulatory compliance. These co-operative banks are: Jijamata Mahila Sahakari Bank, Shri Laxmikrupa Urban Co-operative Bank, The Konark Urban Cooperative Bank and The Chembur Nagarik Sahakari Bank

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