RBI imposes monetary penalty on Wardha District Ashirwad Mahila Nagari Sahakari Bank Maryadit, Hinganghat, Maharashtra
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Summary
The Reserve Bank of India (RBl) has, by an order dated June 15, 2026, imposed a monetary penalty of ₹20,000/- (Rupees Twenty Thousand only) on Wardha District Ashirwad Mahila Nagari Sahakari Bank Maryadit, Hinganghat, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Exposure Norms & Statutory/ Other Restrictions – UCBs’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) rea