Hutatma Sahakari Bank Ltd., Walwa, Sangli

RBI imposed a ₹5 lakh penalty on Hutatma Sahakari Bank Ltd., Walva, Maharashtra for non-compliance with directions on loans and advances to directors and related parties.

The bank must absorb the penalty and continue complying with RBI's related-party lending directions. The action does not itself restrict operations or invalidate existing transactions, but it signals continued supervisory scrutiny and potential for further regulatory action if similar non-compliance persists.

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

RBI imposed a ₹2 lakh penalty on Hutatma Sahakari Bank Ltd., Walwa, Sangli for violating RBI directions on exposure norms and statutory/other restrictions for urban co-operative banks.

The bank must bear the monetary penalty; the release does not indicate a deposit freeze, lending ban, or other operational restriction. The action serves as an enforcement signal on compliance with RBI exposure norms and limits on advances to nominal members, but no forward-looking customer-level restrictions are described.

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