RBI Imposes Penalty on Kolhapur District Central Co-op Bank
The RBI has levied a penalty of ₹13.30 lakh on Kolhapur District Central Co-operative Bank for non-compliance with banking regulations.
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The RBI has levied a penalty of ₹13.30 lakh on Kolhapur District Central Co-operative Bank for non-compliance with banking regulations.
The Reserve Bank of India has imposed a monetary penalty of ₹3 lakh on United Puri-Nimapara Central Co-operative Bank for KYC non-compliance.
The RBI has announced the auction of two dated government securities totaling ₹28,000 crore, aimed at managing the country’s debt effectively.
The Reserve Bank of India will conduct a Variable Rate Repo auction aimed at managing liquidity, with a total notified amount of ₹75,000 crore for a 3-day tenor on July 21, 2026.
The Calcutta High Court has authorized a borrower to file a new complaint with the RBI Ombudsman regarding the undervalued auction of his truck. The court mandated that the complaint be addressed within six weeks.

The Debt Recovery Appellate Tribunal (DRAT) in Chennai has dismissed an appeal concerning a ₹115 crore loan recovery, referencing a significant delay of 2,417 days.
The Reserve Bank of India has updated the Directions on the Resolution of Stressed Assets for Local Area Banks to improve operational practices and asset management.
The Reserve Bank of India has released the Second Amendment Directions on Income Recognition, Asset Classification, and Provisioning for Urban Cooperative Banks, to ensure regulatory compliance and sound financial governance.
The Reserve Bank of India has issued the Third Amendment Directions on Income Recognition, Asset Classification, and Provisioning for Rural Co-operative Banks, aiming to strengthen governance and financial practices.
The Reserve Bank of India has released the Second Amendment Directions on Income Recognition, Asset Classification, and Provisioning for Regional Rural Banks. This is part of ongoing reforms to strengthen the banking sector's resilience.
The Reserve Bank of India has amended the Directions on Income Recognition, Asset Classification, and Provisioning for Local Area Banks. This amendment aims to improve the financial health of local banks by ensuring standardization in financial reporting.
The Reserve Bank of India has released a circular on Special Rupee Vostro Accounts (SRVAs), inviting attention to previous notifications regarding International Trade Settlement in Indian Rupees. This provides clarity on updates concerning SRVAs for authorized dealer banks.