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RBI imposes penalty on Bhavana Rishi Co-operative Urban Bank Ltd., Hyderabad, Telangana

Dated:- 28-4-2015 - The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) .....

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he provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949(As Applicable to Co-opera .....

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serve Bank on loans and advances to directors and their relatives. The Reserve bank of India had issued a show-cause not .....

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