Case Brief
RBI imposed a monetary penalty on Wardha District Ashirwad Mahila Nagari Sahakari Bank Maryadit, Hinganghat, Maharashtra by order dated June 15, 2026. The penalty was for non-compliance with RBI directions on ‘Exposure Norms & Statutory/ Other Restrictions – UCBs’. After inspection, notice, and hearing, RBI sustained the charge that the bank had failed to adhere to the prescribed regulatory ceiling on certain advances.
Action Snapshot
- Primary Impact
- Fine: Rs 20,000
- Entity Type
- Co-operative bank
- Location
- Hinganghat, Maharashtra
- Order Date