The Hyderabad District Co-operative Central Bank Ltd

RBI imposed a ₹1 lakh penalty on The Hyderabad District Co-operative Central Bank Ltd., Telangana. The action was taken because the bank sanctioned loans to its director, violating the Banking Regulation Act.

The bank must absorb the monetary penalty and address the underlying compliance weakness around lending to directors. The release does not impose a new operational restriction, but RBI noted that the penalty is without prejudice to any other action it may initiate.

• Section 20 read with Section 56 of the Banking Regulation Act, 1949
• Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the BR Act

RBI imposed a ₹2 lakh penalty on The Hyderabad District Co-Operative Central Bank Ltd. for regulatory non-compliance. The violations related to income recognition/provisioning directions and non-transfer of eligible funds to the Depositor Education and Awareness Fund.

The bank must absorb the monetary penalty and ensure ongoing compliance with RBI’s income recognition, asset classification, provisioning, and Depositor Education and Awareness Fund transfer requirements. The order does not itself impose an operating ban, but it signals heightened regulatory scrutiny of the bank’s compliance controls.

• Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the Banking Regulation Act, 1949
• Section 26A of Banking Regulation Act, 1949 (AACS)

RBI imposed a Rs 5 lakh penalty on The Hyderabad District Co-operative Central Bank Ltd., Andhra Pradesh. The action was for non-adherence to KYC and AML requirements.

The bank must absorb the financial penalty and address compliance gaps in customer due diligence and anti-money-laundering controls. The order does not indicate an operational restriction, but it signals regulatory scrutiny over the bank's KYC/AML compliance.

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