RBI imposes Rs 12 lakh fine on six co-operative banks, three sahakari banks

Berhampur Cooperative Urban Bank (Odisha) has been fined Rs 3.10 lakh; Osmanabad Janata Sahakari Bank, Osmanabad (Maharashtra) Rs 2.5 lakh; and Santrampur Urban Co-operative Bank Ltd, Santrampur in Mahisagar district (Gujarat) Rs 2 lakh penalty.

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