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RBI Monetary Penalty: 4 New Bank Date 17 October

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RBI imposes monetary penalty on The Co-operative Bank of Rajkot Ltd., Rajkot (Gujarat) Price - 2 Lakh 

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RBI imposes monetary penalty on The Gandhidham Mercantile Co-operative Bank Ltd., Gandhidham, Dist. Kutch (Gujarat)   Price -50,000

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RBI imposes monetary penalty on The Meghraj Nagarik Sahakari Bank Ltd., Aravalli (Gujarat)   Price - 25,000

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RBI imposes monetary penalty on The Rajgurunagar Sahakari Bank Limited, Pune   Price -4 lakh

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This All Penalty By RBI Because of contravention Rules of RBI

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