Janakalyan Sahakari Bank Limited, Mumbai

RBI imposed a monetary penalty of ₹3.30 lakh on Janakalyan Sahakari Bank Limited, Mumbai. The action followed non-compliance with RBI directions on exposure ceiling to group borrowers.

The bank must absorb the ₹3.30 lakh penalty; the release does not describe any additional operational restriction or restoration issue. The action is forward-looking only in the sense of regulatory record and potential for further RBI action, which RBI explicitly says may still be initiated separately.

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

RBI imposed a ₹5 lakh penalty on Janakalyan Sahakari Bank Limited, Mumbai for non-compliance with reporting directions on large exposures to CRILC. The bank had failed to report certain eligible loan accounts within the prescribed timeline.

The bank must absorb the penalty and address the reporting-control weakness identified by RBI. There is no stated restriction on operations, but the case signals ongoing supervisory expectations around timely CRILC reporting and regulatory compliance.

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