Janata Urban Co-operative Bank Limited, Wai, Maharashtra

RBI imposed a ₹1 lakh penalty on Janata Urban Co-operative Bank Limited, Wai, Maharashtra for non-compliance with fraud monitoring and reporting directions. The bank had delayed reporting fraud cases.

The bank must absorb the monetary penalty and continue complying with RBI's fraud monitoring and reporting requirements. The order does not itself impose an operational restriction, but it underscores ongoing supervisory expectations around timely fraud reporting and regulatory compliance.

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

RBI imposed a Rs 5 lakh penalty on Janata Urban Co-operative Bank Ltd, Wai, Satara. The penalty was for multiple breaches of lending and exposure-related RBI directions, along with deficiencies in charge creation and customer risk categorisation.

The bank must bear the financial penalty and address the compliance gaps identified by RBI. The order does not state an operational restriction, but it signals continued supervisory scrutiny over lending practices, related-party exposures, asset charge creation, and customer risk categorisation.

• Section 47A(1)(b)
• Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies)