RBI imposes penalty on 2 co-op banks, 1 NBFC

A penalty of Rs 3 lakh has been imposed on Jijamata Mahila Sahakari Bank, Pune, Maharashtra for non-compliance with the directions on exposure norms and statutory/ other restrictions-urban co-operative banks (UCBs), the central bank said.

from Banking/Finance-Industry-Economic Times https://ift.tt/3zmY7mn