The Nabapalli Co-operative Bank Ltd., West Bengal

RBI imposed a ₹3 lakh penalty on The Nabapalli Cooperative Bank Limited, West Bengal. The bank was found to have failed to upload customer KYC records to CKYCR within the prescribed timeline.

The bank must absorb the ₹3 lakh penalty and address the KYC compliance lapse. The order does not itself impose an operational restriction on customers, but it signals supervisory non-compliance and leaves RBI free to initiate further action if warranted.

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

RBI imposed a ₹1.10 lakh penalty on Nabapalli Co-operative Bank Limited for failing to comply with directions to deposit its PSL shortfall amount into the MSE Refinance Fund. The bank had also ignored a cautionary letter before the penalty was levied.

The bank must absorb the monetary penalty and remains exposed to any further RBI action for the same non-compliance. The release does not describe any operating restriction, but it signals continued supervisory scrutiny over the bank’s PSL-related compliance and fund-deposit obligations.

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

RBI imposed a Rs 2.5 lakh penalty on The Nabapalli Co-operative Bank Ltd., West Bengal. The action was for breaching exposure norms and certain KYC-related requirements.

The bank must absorb the monetary penalty and address the compliance gaps identified by RBI. Forward-looking, it needs to strengthen exposure-limit monitoring and KYC/risk categorisation review processes to avoid further supervisory action. The penalty itself does not state any customer-facing operational restriction.

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

RBI imposed a penalty of Rs 4 lakh on The Nabapalli Cooperative Bank Limited, Barasat. The bank was found non-compliant with RBI exposure norms for UCBs.

The bank must absorb the penalty and continue complying with RBI's exposure norms for UCBs. No additional operational restriction is described, but the finding underscores ongoing compliance obligations around inter-bank exposure and counterparty limits.

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