Urban Co-operative Bank Sitapur
Regulatory Action: RBI Penalizes 4 Co-operative Banks, Cancels License of 1
Regulatory Action: RBI Penalizes 4 Co-operative Banks, Cancels License of 1 The Reserve Bank of India (RBI) has taken decisive action against five co-operative banks for various regulatory violations. While four banks received monetary penalties, the license of one bank has been cancelled. Four co-ops have been hit with financial fines by the Reserve Bank […]