PRIMARYRBI Press Releases·13 Aug 2026negative

RBI imposes monetary penalty on Jilla Sahakari Kendriya Bank Maryadit, Bhind, Madhya Pradesh

AI Summary

·The Reserve Bank of India has imposed a monetary penalty of ₹2.50 lakh on Jilla Sahakari Kendriya Bank Maryadit, Bhind.
·The penalty was imposed for contravention of provisions of the Banking Regulation Act, 1949.
·The statutory inspection of the bank was conducted by NABARD with reference to its financial position as on March 31, 2025.