Recorded RBI impact
Fine: Rs 2.00 L
Monetary penalty · Fresh imposition
Published by RBI
5 Feb 2026
Case Brief
RBI imposed a monetary penalty on Agartala Co-operative Urban Bank Limited, Agartala, Tripura for non-compliance with RBI directions on 'Exposure Norms and Statutory/ Other Restrictions - UCBs'. Following a statutory inspection and subsequent show-cause process, RBI found that the bank had breached the prudential inter-bank (gross) exposure limit and the prudential inter-bank counterparty limit. The penalty was imposed under Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.
Why RBI Acted
RBI imposed a monetary penalty under Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949 after a statutory inspection and supervisory review found non-compliance with RBI directions on 'Exposure Norms and Statutory/ Other Restrictions - UCBs'. The sustained charge was that the bank had breached the prudential inter-bank (gross) exposure limit and the prudential inter-bank counterparty limit.
Operating Impact
The bank must absorb the ₹2 lakh penalty, and the order may leave open the possibility of additional regulatory action for the same compliance lapse. The release does not mention any operational restriction, so there is no direct forward-looking cap on business activity in this notice.
Regulatory Basis
- Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949
Action Facts
- Primary Impact
- Fine: Rs 2.00 L
- Order Date
- 3 Feb 2026
- Effective From
- 3 Feb 2026
- Entities Affected
- 1
- Entity Role
- Primary
- Entity Type
- Co-operative bank