The Catholic Co-operative Urban Bank Ltd., Hyderabad, Telangana

RBI imposed a ₹3 lakh penalty on The Catholic Co-operative Urban Bank Limited, Telangana. The action was for non-compliance with RBI directions relating to deposit accounts and lending to connected parties.

The bank must absorb the financial penalty and continue complying with RBI’s directions on deposit-account maintenance and lending controls. The action does not, by itself, impose a business restriction, but it signals supervisory concerns and may be followed by further regulatory action if deficiencies persist. ബാധffected stakeholders include the bank’s management, deposit-account customers, and connected borrowers.

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

RBI imposed a ₹1 lakh penalty on The Catholic Co-operative Urban Bank Ltd., Hyderabad. The penalty was for violating directives and guidelines on loans and advances to directors and their relatives.

The bank must absorb the monetary penalty; no business restriction or suspension was imposed. The action serves as a compliance warning for the bank’s lending and governance practices, especially transactions involving directors and their relatives.

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