PRIMARYRBI Press Releases·23 Jul 2026negative

RBI imposes monetary penalty on Arvind Sahakari Bank Ltd., Katol, Maharashtra

AI Summary

·The Reserve Bank of India has imposed a monetary penalty of ₹11 lakh on Arvind Sahakari Bank Ltd.
·The penalty is for non-compliance with RBI directions on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’.
·The penalty was imposed following a statutory inspection of the bank as of March 31, 2025.