Arvind Sahakari Bank Limited, Katol, Maharashtra

RBI has imposed a ₹11 lakh penalty on Arvind Sahakari Bank Ltd., Katol, Maharashtra. The action follows non-compliance with RBI directions on housing finance for UCBs and interest rates on deposits.

The bank must absorb the financial penalty and remain exposed to any further regulatory action RBI may initiate for the same or related compliance lapses. The order does not invalidate customer transactions, but it signals continued supervisory scrutiny over the bank's lending and deposit-interest practices.

• section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949

RBI imposed a ₹1 lakh penalty on Arvind Sahakari Bank Limited, Katol, Maharashtra. The action was for non-compliance with RBI directions on installing Off-site ATMs.

The bank must absorb the ₹1 lakh penalty; the release does not describe any direct operational restriction, but it signals regulatory censure for non-compliance with RBI directions on Off-site ATMs. The action affects the bank only, with no stated immediate impact on customers beyond the compliance finding.

• Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the Banking Regulation Act, 1949