The Bantra Co-operative Bank Ltd., Howrah

RBI imposed a ₹30,000 penalty on The Bantra Co-operative Bank Ltd., Howrah, West Bengal. The action followed breaches of exposure norms and KYC directions.

The bank must absorb the ₹30,000 penalty, but the press release does not indicate any operational restriction beyond the fine. The findings may affect regulatory compliance expectations going forward, especially around exposure limits and KYC risk review processes.

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

RBI imposed a Rs 2 lakh penalty on Bantra Co-operative Bank, Howrah. The bank breached Section 35A directives by allowing excess withdrawals and fresh deposits.

The bank must bear the monetary penalty and the finding remains on record. The action does not itself impose a new operational restriction in this release, but it signals RBI's enforcement over breach of prior directives affecting depositors and account holders.

• Section 47(A)(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949
• Section 35A of the Banking Regulation Act, 1949 (AACS)