The District Co-operative Central Bank Ltd., Mahabubnagar, Telangana

RBI imposed a monetary penalty of Rs 10,000 on The District Co-operative Central Bank Ltd., Mahabubnagar, Telangana. The action was for failing to report fraud cases to NABARD within the stipulated timeline.

The bank must absorb the financial penalty and address its reporting controls so that fraud cases are reported to NABARD on time going forward. The order does not invalidate any customer transaction, but it signals supervisory concern over compliance and reporting processes.

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

RBI imposed a Rs 5 lakh penalty on The District Cooperative Central Bank Ltd., Mahabubnagar, Andhra Pradesh.

The bank must absorb the monetary penalty and continue complying with KYC and AML requirements. The action does not impose an operational restriction beyond the fine, but it signals continued regulatory scrutiny of the bank's customer due diligence and anti-money-laundering controls.

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