National Urban Co-operative Bank Limited, New Delhi

RBI imposed a ₹5 lakh penalty on National Urban Co-operative Bank Limited, New Delhi for non-adherence to specific directions issued under the Supervisory Action Framework.

The bank must absorb the monetary penalty and the finding of non-compliance, but the release does not impose any new operational restriction beyond the fine. The consequence is limited to the penal action and the compliance record under RBI supervision.

• section 36 (1) 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 Rs 2 lakh penalty on National Urban Co-operative Bank Limited, New Delhi. The penalty was for violations relating to unsecured personal loans and KYC deficiencies.

The bank must absorb the monetary penalty; the release does not describe any broader operational restriction or licence impact. The underlying compliance expectations on unsecured personal loans and KYC remain relevant for the bank’s ongoing operations.

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

RBI imposed a monetary penalty of Rs 5 lakh on National Urban Cooperative Bank Ltd, Delhi. The action was for breach of RBI norms on loans and advances to directors and related interests.

The bank must absorb the monetary penalty; the release does not state any operational restriction or licence action. The forward-looking impact is limited to the financial penalty and regulatory compliance expectations around related-party lending norms.

• Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to co-operative Societies)