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

RBI imposed a monetary penalty of ₹1 lakh on The Nizamabad District Co-operative Central Bank Ltd., Telangana. The penalty was for sanctioning certain director-related loans in contravention of the Banking Regulation Act.

The bank must absorb the monetary penalty of ₹1 lakh. The order does not itself impose a forward operational restriction, but it signals supervisory concern over director-related lending and may expose the bank to further RBI action.

• 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 Banking Regulation Act, 1949

RBI imposed a ₹2.50 lakh penalty on The Nizamabad District Co-operative Central Bank Ltd., Nizamabad, Telangana. The bank was penalized for non-compliance with RBI directions on income recognition, asset classification and provisioning.

The bank must absorb the financial penalty and remains subject to RBI compliance expectations. The order does not by itself invalidate any customer transactions, but it signals regulatory deficiencies that can invite further supervisory scrutiny if not corrected.

• Section 9 read with Section 56 of Banking Regulation Act, 1949(AACS)
• Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the Banking Regulation Act, 1949