PRIMARYRBI Press Releases·18 Jun 2026neutral

RBI imposes monetary penalty on Wardha District Ashirwad Mahila Nagari Sahakari Bank Maryadit, Hinganghat, Maharashtra

AI Summary

·RBI imposed a penalty of ₹20,000 on Wardha District Ashirwad Mahila Nagari Sahakari Bank Maryadit.
·The penalty was for non-compliance with RBI's directions on 'Exposure Norms & Statutory/ Other Restrictions – UCBs'.
·The inspection was conducted with reference to the bank's financial position as on March 31, 2025.