The Bapunagar Mahila Co-operative Bank Ltd., Ahmedabad, Gujarat

RBI imposed a ₹2 lakh penalty on The Bapunagar Mahila Co-operative Bank Ltd., Ahmedabad, for non-compliance with directions on placement of deposits with other banks. The breach involved prudential inter-bank counterparty exposure limits.

The bank must absorb the monetary penalty and address the compliance weaknesses identified by RBI, particularly around inter-bank deposit placement and exposure limits. The release also notes that the penalty is without prejudice to any other action RBI may initiate, so additional supervisory or enforcement steps remain possible.

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

RBI imposed a Rs 5 lakh penalty on The Bapunagar Mihila Co-operative Bank Ltd., Ahmedabad. The penalty was for breaches involving unsecured advances, STR reporting delays, and FIR filing lapses.

The bank must absorb the monetary penalty and any internal compliance remediation that follows. The order does not describe an operational restriction, but it signals heightened regulatory scrutiny over credit exposure controls, AML reporting, and FIR-related compliance practices.

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