RBI imposes monetary penalty on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra
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Summary
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
Key Facts
TypeRelease
SourceReserve Bank of India
PublishedThursday, 23 July 2026
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
500 GW non-fossil fuel capacity target by 2030
Key Authorities
Ministry of FinanceRBISEBIDEAMinistry of Power
Key Stakeholders
TaxpayersBanks & NBFCsInvestorsPower ConsumersDISCOMsCoal Industry
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Amendment History
20 changes recorded for this policy.
DescriptionSaturday, 25 July 2026via policyradar
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
The Reserve Bank of India (RBI) has, by an order dated July 10, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen lakh and thirty thousand only) on Surat People s Co-operative...
DescriptionSaturday, 25 July 2026via policyradar
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
The Reserve Bank of India (RBI) has, by an order dated July 02, 2026, imposed a monetary penalty of ₹8 lakh (Rupees Eight Lakh only) on The Sambalpur District Co-operative Central Bank Limited...
DescriptionSaturday, 25 July 2026via policyradar
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
The Reserve Bank of India (RBI) has, by an order dated July 10, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen lakh and thirty thousand only) on Surat People s Co-operative...
DescriptionSaturday, 25 July 2026via policyradar
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
The Reserve Bank of India (RBI) has, by an order dated July 02, 2026, imposed a monetary penalty of ₹8 lakh (Rupees Eight Lakh only) on The Sambalpur District Co-operative Central Bank Limited...
DescriptionSunday, 26 July 2026via policyradar
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
The Reserve Bank of India (RBI) has, by an order dated July 10, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen lakh and thirty thousand only) on Surat People s Co-operative...
DescriptionSunday, 26 July 2026via policyradar
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
The Reserve Bank of India (RBI) has, by an order dated July 02, 2026, imposed a monetary penalty of ₹8 lakh (Rupees Eight Lakh only) on The Sambalpur District Co-operative Central Bank Limited...
DescriptionSunday, 26 July 2026via policyradar
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
The Reserve Bank of India (RBI) has, by an order dated July 10, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen lakh and thirty thousand only) on Surat People s Co-operative...
DescriptionSunday, 26 July 2026via policyradar
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
The Reserve Bank of India (RBI) has, by an order dated July 02, 2026, imposed a monetary penalty of ₹8 lakh (Rupees Eight Lakh only) on The Sambalpur District Co-operative Central Bank Limited...
DescriptionSunday, 26 July 2026via policyradar
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
The Reserve Bank of India (RBI) has, by an order dated July 10, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen lakh and thirty thousand only) on Surat People s Co-operative...
DescriptionSunday, 26 July 2026via policyradar
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
The Reserve Bank of India (RBI) has, by an order dated July 02, 2026, imposed a monetary penalty of ₹8 lakh (Rupees Eight Lakh only) on The Sambalpur District Co-operative Central Bank Limited...
DescriptionSunday, 26 July 2026via policyradar
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
The Reserve Bank of India (RBI) has, by an order dated July 10, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen lakh and thirty thousand only) on Surat People s Co-operative...
DescriptionSunday, 26 July 2026via policyradar
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
The Reserve Bank of India (RBI) has, by an order dated July 02, 2026, imposed a monetary penalty of ₹8 lakh (Rupees Eight Lakh only) on The Sambalpur District Co-operative Central Bank Limited...
DescriptionMonday, 27 July 2026via policyradar
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
The Reserve Bank of India (RBI) has, by an order dated July 10, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen lakh and thirty thousand only) on Surat People s Co-operative...
DescriptionMonday, 27 July 2026via policyradar
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
The Reserve Bank of India (RBI) has, by an order dated July 02, 2026, imposed a monetary penalty of ₹8 lakh (Rupees Eight Lakh only) on The Sambalpur District Co-operative Central Bank Limited...
DescriptionMonday, 27 July 2026via policyradar
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
The Reserve Bank of India (RBI) has, by an order dated July 10, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen lakh and thirty thousand only) on Surat People s Co-operative...
DescriptionMonday, 27 July 2026via policyradar
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
The Reserve Bank of India (RBI) has, by an order dated July 02, 2026, imposed a monetary penalty of ₹8 lakh (Rupees Eight Lakh only) on The Sambalpur District Co-operative Central Bank Limited...
DescriptionMonday, 27 July 2026via rbi
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
The Reserve Bank of India (RBI) has, by an order dated July 23, 2026, imposed a monetary penalty of ₹10.10 lakh (Rupees Ten Lakh and Ten Thousand only) on Raigad District Central Co-operative Bank Ltd., Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949 (BR Act) and certain directions issued by RBI on ‘Membership of Credit Information Companies (CICs) by Co-operative Banks’. This penalty has been impo
DescriptionMonday, 27 July 2026via rbi
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
The Reserve Bank of India (RBI) has, by an order dated July 23, 2026, imposed a monetary penalty of ₹7 lakh (Rupees Seven Lakh only) on Sangli District Central Co-operative Bank Ltd., Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) and 56 of the BR Act. The statut
DescriptionMonday, 27 July 2026via policyradar
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
The Reserve Bank of India (RBI) has, by an order dated July 10, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen lakh and thirty thousand only) on Surat People s Co-operative...
DescriptionMonday, 27 July 2026via policyradar
The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Sindhudurg District Central Co-operative Bank Ltd., Sindhudurg, Maharashtra (the bank) for contravention of provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) an
The Reserve Bank of India (RBI) has, by an order dated July 02, 2026, imposed a monetary penalty of ₹8 lakh (Rupees Eight Lakh only) on The Sambalpur District Co-operative Central Bank Limited...
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