Delhi Nagrik Sehkari Bank Limited

RBI imposed a monetary penalty of ₹3 lakh on Delhi Nagrik Sehkari Bank Limited, New Delhi. The action was for non-compliance with RBI directions on interest rates on deposits.

The bank must absorb the monetary penalty and address the compliance deficiencies identified by RBI. The order does not, on its face, impose a new operational restriction on customers, but it signals supervisory concern over adherence to RBI directions on deposit interest rates.

• section 35A
• section 36 (1) (a) read with section 56 of the Banking Regulation Act, 1949
• section 47 A (1) (c) read with section 46 (4) (i) and section 56 of the Banking Regulation Act, 1949

RBI imposed a monetary penalty of ₹1 lakh on Delhi Nagrik Sehkari Bank Limited, New Delhi. The penalty was for non-compliance with RBI exposure norm directions, including breach of inter-bank exposure limits.

The bank must bear the monetary penalty, but the release does not impose a new operating restriction or suspension. The action serves as a regulatory censure for compliance deficiencies and may affect supervisory scrutiny going forward, while no direct customer-facing restriction is described in the release.

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