Bilaspur Nagrik Sahakari Bank Limited, Bilaspur

RBI imposed a ₹1 lakh monetary penalty on Bilaspur Nagrik Sahakari Bank Limited, Bilaspur. The penalty was for non-adherence to RBI’s UCB exposure norms, including breach of the prudential inter-bank exposure limit.

The bank must absorb the ₹1 lakh penalty; the release does not describe any new operational restriction or license action. The finding may also leave the bank exposed to further supervisory or enforcement action by RBI if additional issues are identified.

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

RBI imposed a monetary penalty on Bilaspur Nagrik Sahakari Bank Ltd., Bilaspur, Chhattisgarh for breaching exposure norms for urban co-operative banks.

The bank must bear the penalty and ensure future compliance with RBI's exposure limits for urban co-operative banks. No direct customer-facing restriction is described in this release, but the action signals supervisory concern over the bank's prudential exposure management.

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