{"id":56356,"date":"2022-03-07T14:33:29","date_gmt":"2022-03-07T09:03:29","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?page_id=56356"},"modified":"2022-09-13T18:04:15","modified_gmt":"2022-09-13T12:34:15","slug":"rbi-imposes-penalty-on-3-co-operative-banks-for-deficiencies-in-regulatory-compliances","status":"publish","type":"page","link":"https:\/\/enterslice.com\/learning\/whitepapers\/rbi-imposes-penalty-on-3-co-operative-banks-for-deficiencies-in-regulatory-compliances\/","title":{"rendered":"RBI imposes penalty on 3 co-operative banks for deficiencies in regulatory compliances"},"content":{"rendered":"<p>Penalties were imposed on three cooperative banks by the reserve bank of India due to the discrepancies in regulatory compliances.<\/p>\n\n\n\n<p>RBI has imposed a fine of &#8377; 4.50 lakh on Nagrik Sahakari Bank Maryadit for not adhering to the guidelines issued by the RBI for urban cooperative banks regarding exposure norms, statutory restrictions and Know Your Customer KYC.<\/p>\n\n\n\n<p>Further, the central bank had imposed a penalty of &#8377; 1 lakh on Jila Sahakari Kendriya Bank Maryadit, Panna, as they were found violating the provisions of the Banking Regulation Act. 194, the Education and Awareness Fund Scheme, 2014 and KYC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Penalties were imposed on three cooperative banks by the reserve bank of India due to the discrepancies in regulatory compliances. RBI has imposed a fine of &#8377; 4.50 lakh on Nagrik Sahakari Bank Maryadit for not adhering to the guidelines issued by the RBI for urban cooperative banks regarding exposure norms, statutory restrictions and Know [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":56357,"parent":15144,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"download-newsletter.php","meta":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RBI imposes penalty on 3 co-operative banks for deficiencies in regulatory compliances-Enterslice<\/title>\n<meta name=\"description\" content=\"Penalties were imposed on three cooperative banks by the reserve bank of India due to the discrepancies in regulatory compliances.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/whitepapers\/rbi-imposes-penalty-on-3-co-operative-banks-for-deficiencies-in-regulatory-compliances\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBI imposes penalty on 3 co-operative banks for deficiencies in regulatory compliances-Enterslice\" \/>\n<meta property=\"og:description\" content=\"Penalties were imposed on three cooperative banks by the reserve bank of India due to the discrepancies in regulatory compliances.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/whitepapers\/rbi-imposes-penalty-on-3-co-operative-banks-for-deficiencies-in-regulatory-compliances\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:author\" content=\"enterslice\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-13T12:34:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2022\/03\/RBI-imposes-penalty-on-3-co-operative-banks-for-deficiencies-in-regulatory-compliances-GANESH.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"670\" \/>\n\t<meta property=\"og:image:height\" content=\"352\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/56356"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=56356"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/56356\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/15144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/56357"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=56356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}