Published 18:50 IST, January 4th 2024
RBI imposed penalties on Cooperative banks today, know why
The apex bank imposed monetary penalties on three cooperative banks on Thursday.
![This can be done without the prior approval of the RBI, provided that the accounts of the bank are audited and in the event of excess remittance.](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/WhatsAppImage2024-01-03at14.31.40b802e028-170427457727616_9.webp)
This can be done without the prior approval of the RBI, provided that the accounts of the bank are audited and in the event of excess remittance. | Image:
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18:40 IST, January 4th 2024