India, Dec. 29 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 lakh on The District Co-operative Central Bank Ltd., Warangal, Telangana, for contravention of the provisions of Section 20 read with Section 56 of the Banking Regulation Act, 1949.
The penalty was imposed through an order dated December 26, 2025, in exercise of powers conferred on RBI under Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act. The action followed a statutory inspection conducted by the National Bank for Agriculture and Rural Development (NABARD), with reference to the bank's financial position as on March 31, 2025.
Based on supervisory findings, RBI issued a show-cause notice to the bank seeking an expla...