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RBI imposes Monetary Penalty On This Smart Bank

RBI monetary policy

RBI penalty

RBI imported Penalty On this new Hissar Urban Cooperative Bank Ltd., Hisar 

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RBI penalty

(RBI) has imposed, by an of ₹3.00 lakh (Rupees Three Lakh only) on the Hissar Urban Cooperative Bank 

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RBI penalty

RBI came to the conclusion that the aforesaid charges of non-adherence 

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RBI penalty

a Notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it 

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