RBI Fines Bharat Co-operative Bank, Bengaluru ₹50,000 for Breaching Supervisory Directions
The case sends a warning to co-operative banks against high-risk lending practices and deposit mismanagement.
India CSR is the largest media on CSR and sustainability offering diverse content across multisectoral issues on business responsibility. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting.
The case sends a warning to co-operative banks against high-risk lending practices and deposit mismanagement.
Dharmapuri District Central Co-operative Bank.
The inspection revealed serious violations of the law.
The penalty, imposed by an order dated August 19, 2025, was levied under provisions of the Banking Regulation Act.
The penalty, imposed by an order dated August 21, 2025.
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