The Bijnor Urban Co-operative Bank Ltd., Bijnor

RBI imposed a penalty of Rs 6 lakh on Bijnor Urban Co-operative Bank Limited, Bijnor. The bank was found to have violated RBI directions on director-related loans and performance guarantee issuance.

The bank must bear the monetary penalty, but the release does not impose any new operational restriction or suspension. The action serves as a compliance sanction for past violations and does not by itself bar the bank from continuing normal operations.

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

+1 more in the case brief

RBI imposed a ₹10 lakh penalty on The Bijnor Urban Co-operative Bank Ltd., Bijnor for continuous non-submission of statutory returns. The bank did not respond to the show-cause notice.

The bank must absorb the ₹10 lakh penalty; the release does not mention any operational restriction, but the penalty reflects a compliance lapse in statutory reporting. The immediate forward-looking impact is financial and reputational, with continued obligation to comply with return-filing requirements.

• Section 47A(1)(c)
• Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies)
• Section 27 of the Act ibid

RBI imposed a Rs 5 lakh penalty on Bijnor Urban Co-operative Bank Ltd., Bijnor, Uttar Pradesh. The penalty was for lending to directors and relatives and for KYC norm violations.

The bank must absorb the monetary penalty and address the compliance lapses identified by RBI. The action does not impose an operational restriction, but it signals regulatory non-compliance around related-party lending and KYC controls.

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