The Berhampur Co-operative Urban Bank Ltd., Odisha

RBI imposed a ₹2 lakh penalty on The Berhampur Co-operative Urban Bank Limited, Odisha. The action followed findings that the bank breached prescribed inter-bank exposure limits.

The bank must bear the monetary penalty, and RBI may still initiate other action separately. The order does not itself impose an operational ban or withdrawal restriction, but it signals regulatory non-compliance around exposure management.

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

RBI has imposed a ₹1 lakh penalty on The Berhampur Co-operative Urban Bank Ltd., Odisha for breaches of exposure norms and KYC directions. The lapses were identified in an inspection based on the bank’s financial position as of March 31, 2022.

The bank must bear the financial penalty and address the compliance weaknesses identified by RBI. Going forward, it is expected to strengthen adherence to exposure limits, customer identification requirements, and periodic risk review processes.

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

RBI imposed a penalty of ₹3.10 lakh on The Berhampur Cooperative Urban Bank Ltd., Odisha. The penalty was for non-compliance with exposure norms, KYC directions, and requirements related to the Depositor Education and Awareness Fund.

The bank must absorb the monetary penalty and address the compliance gaps identified by RBI. The release does not indicate any operational restriction, but it signals continuing supervisory scrutiny over the bank's exposure controls, KYC process, and reporting to the Depositor Education and Awareness Fund.

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

RBI imposed monetary penalties on three co-operative banks for non-compliance with exposure norms and other statutory restrictions for UCBs.

The affected co-operative banks face monetary penalties and a compliance signal from RBI regarding adherence to exposure norms and statutory restrictions applicable to urban co-operative banks. No operational restriction is described in the excerpt; the forward-looking impact is mainly financial and supervisory, with continued expectation of compliance with RBI directions.

This RBI action affected 3 entities. This profile is linked as primary.