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Sri Satya Sai Nagrik Sahakari Bank Maryadit

Co-operative bankBhopal, Madhya Pradesh

A source-linked record of 3 RBI actions, their timing, severity, and recurring regulatory themes.

At a Glance

Total actions
3
Total penalties
Rs 1.80 L
Latest action
22 Jan 2026

Enforcement Fingerprint

3 actions across 3 years.

PenaltyRestrictionLicence actionLiftedOther

Action Mix

Monetary penalty3

Lifecycle Mix

Fresh imposition3

Severity Mix

S1 Low3

Source-linked record

Action History

3 linked actions

2026

1

Case brief

RBI imposed a ₹1 lakh penalty on Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal. The bank was found to have breached prudential inter-bank gross exposure and counterparty exposure limits.

Impact

The bank must absorb the monetary penalty and remain exposed to any further supervisory or enforcement action RBI may initiate separately. No direct operational restriction is described in the release, but the finding signals non-compliance in exposure management and may invite closer supervisory scrutiny.

Why RBI acted

Capital & exposure normsReporting & disclosure

Regulatory basis

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

2024

1

Case brief

RBI imposed a monetary penalty of ₹0.75 lakh on Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal. The bank was found non-compliant with RBI exposure norms for UCBs.

Impact

The bank must absorb the financial penalty and ensure future compliance with RBI exposure norms, particularly limits on inter-bank gross and counterparty exposures. The action does not itself impose a new operating restriction on customers, but it signals ongoing supervisory scrutiny of the bank's prudential controls.

Why RBI acted

Capital & exposure normsReporting & disclosure

Regulatory basis

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

2020

1

Case brief

RBI imposed a monetary penalty on Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal for non-compliance with directions on director-related loans.

Impact

The bank must absorb the penalty and continue complying with RBI directions on director-related loans. The order does not itself impose a business restriction, but it reinforces supervisory expectations around lending to directors and related parties.

Why RBI acted

Lending normsGovernance oversight

Regulatory basis

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