RBI imposes monetary penalty on Raigad District Central Co-operative Bank Ltd., Maharashtra
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Official government notification — a formal executive order that operationalises policy decisions. Carries legal weight and specifies rules, dates, exemptions, or procedural requirements.
Summary
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
Key Facts
TypeNotification
SourceReserve Bank of India
PublishedMonday, 27 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
Rs 15,000 crore for Digital India initiatives
Key Authorities
Ministry of FinanceRBISEBIDEAMinistry of Electronics & IT
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
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, 2 August 2026via policyradar
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
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, 3 August 2026via policyradar
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
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, 3 August 2026via policyradar
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
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, 3 August 2026via policyradar
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
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, 3 August 2026via policyradar
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
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, 3 August 2026via policyradar
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
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, 3 August 2026via policyradar
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
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, 3 August 2026via policyradar
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
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, 3 August 2026via policyradar
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
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...
DescriptionTuesday, 4 August 2026via policyradar
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
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...
DescriptionTuesday, 4 August 2026via policyradar
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
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...
DescriptionTuesday, 4 August 2026via policyradar
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
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...
DescriptionTuesday, 4 August 2026via policyradar
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
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...
DescriptionTuesday, 4 August 2026via policyradar
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
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...
DescriptionTuesday, 4 August 2026via policyradar
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
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...
DescriptionTuesday, 4 August 2026via policyradar
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
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...
DescriptionTuesday, 4 August 2026via policyradar
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
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...
DescriptionWednesday, 5 August 2026via policyradar
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
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...
DescriptionWednesday, 5 August 2026via policyradar
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
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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