RBI slaps Rs 10.5 lakh penalty on Shri Kanyaka Nagari Sahakari Bank, Chandrapur

Further, the bank delayed the reporting of frauds on many occasions, and also granted director-related loans in contravention of/ non-compliance of directions. A show cause notice was issued to it.

from Banking/Finance-Industry-Economic Times https://ift.tt/3HrsPiZ