Noble Co-operative Bank Limited

RBI imposed a ₹5 lakh penalty on Noble Co-operative Bank Limited, Noida, for non-compliance with its Supervisory Action Framework directions. The bank was found to have sanctioned uncollateralised fresh loans and advances.

The bank must absorb the monetary penalty, but the release does not describe any new ongoing operational restriction beyond the compliance finding. The action signals that RBI expects adherence to SAF directions and lending discipline, especially regarding unsecured fresh loans and advances.

• 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 Noble Co-operative Bank Ltd., Noida for regulatory non-compliance. The bank had failed to follow fraud classification and reporting directions.

The bank must absorb the monetary penalty and continue complying with RBI fraud-classification and reporting requirements. The action does not itself impose an operational restriction, but it signals supervisory concerns over regulatory compliance and reporting discipline.

• Section 35 A 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