PRIMARYRBI Press Releases·14 May 2026negative

RBI imposes monetary penalty on Shree Kadi Nagarik Sahakari Bank Ltd., Dist. Mehsana, Gujarat

AI Summary

·RBI imposed a penalty of ₹16.30 lakh on Shree Kadi Nagarik Sahakari Bank Ltd.
·The penalty was for non-compliance with RBI directions on Exposure Norms and Management of Advances.
·The inspection was conducted with reference to the bank's financial position as on March 31, 2025.