Rajputana Mahila Urban Co-operative Bank Ltd., Jaipur

RBI has imposed a penalty of ₹3 lakh on Rajputana Mahila Urban Co-operative Bank Limited, Jaipur. The penalty was for violations involving finance against properties in unauthorized colonies and opening a locker facility at an extension counter without prior approval.

The bank must bear the ₹3 lakh penalty, but the release does not indicate any restriction on its banking operations beyond the monetary sanction. The action serves as a compliance warning for the bank regarding lending against properties in unauthorized colonies and obtaining prior RBI approval for locker-related activities at extension counters.

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

RBI imposed a Rs 5 lakh penalty on Rajputana Mahila Urban Co-operative Bank Limited, Jaipur. The action was for KYC/AML lapses and exposure to unsecured loans.

The bank must absorb the monetary penalty and address the compliance lapses identified by RBI, particularly around KYC/AML controls and unsecured lending exposure. No direct operational restriction is stated in the release, but the action signals supervisory concern and the need for stronger compliance controls going forward.

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

RBI imposed a Rs 2 lakh penalty on Rajputana Mahila Urban Co-operative Bank Ltd., Jaipur. The bank had not provided records, statements, and supporting vouchers for verification.

The bank must absorb the penalty; the release does not impose any new operational restrictions. The action is a completed enforcement measure against the bank for past non-compliance, with no stated further deadline or ongoing prohibition.

• Section 47A (1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies)
• Section 35 (2) of B.R. Act, 1949 (AACS)