RBI imposes monetary penalty on The Yavatmal Urban Co-operative Bank Ltd., Yavatmal, Maharashtra
India, Dec. 8 -- The Reserve Bank of India (RBl) has, by an order dated December 4, 2025, imposed a monetary penalty of Rs. 2.25 lakh (Rupees Two Lakh Twenty Five Thousand only) on The Yavatmal Urban Co-operative Bank Ltd., Yavatmal, Maharashtra (the bank), for non-compliance with certain directions issued by RBI on 'Concentration Risk Management', 'Treatment of Wilful Defaulters and Large Defaulters' and 'Credit Information Reporting'. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949, and Section 25(1)(iii) read with Section 23(4) of the Credit Information Companies (Regulation) Act, 2005.The statutory inspec...
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