Jila Sahakari Kendriya Bank Maryadit, Chhatarpur, Madhya Pradesh

RBI has imposed a ₹2.50 lakh penalty on Jilla Sahakari Kendriya Bank Maryadit, Chhattarpur, Madhya Pradesh. The penalty was for not transferring eligible amounts to the Depositor Education and Awareness Fund on time.

The bank must absorb the penalty and may also face any other action RBI chooses to initiate separately. The order does not itself alter customer contracts or pronounce on the validity of transactions, but it records a regulatory compliance lapse.

• section 26A read with section 56 of the Banking Regulation Act, 1949
• section 47A(1)(c) read with sections 46(4)(i) and 56 of the BR Act

RBI imposed a monetary penalty of ₹1 lakh on Jila Sahakari Kendriya Bank Maryadit, Chhatarpur, Madhya Pradesh. The penalty was for non-compliance with RBI KYC directions and delayed statutory/OSS returns.

The bank must absorb the ₹1 lakh penalty and ensure future compliance with RBI KYC requirements and timely submission of statutory/OSS returns. No withdrawal of business permissions is mentioned, but the action highlights regulatory deficiencies affecting the bank's compliance obligations.

• 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 Jila Sahakari Kendriya Bank Maryadit, Chhatarpur, Madhya Pradesh. The penalty was for non-compliance with RBI's KYC directions.

The bank must absorb the monetary penalty; the order is a compliance enforcement action and does not by itself invalidate any customer transaction or agreement. No operational restriction is described, but the finding signals heightened regulatory scrutiny on KYC compliance.

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