HomeSearchBrowseSectorsAlertsBudgetParliamentHow Policy Is MadeLong ReadsPolicy HistoryIntelligenceKnowledge GraphContinuityCompareAmendmentsWeekly WrapDigestStatesMy TrackerSourcesBlogAPIAboutRSS Feed
Latest policy
OHD on Consultation Paper on Draft Amendments in The Standards of Quality of Service of Access (Wireline and Wireless) and Broadband (Wireline and Wireless) Service Regulations, 2024 - dated 30/09/2026OHD on Consultation Paper on Draft Amendments in The Standards of Quality of Service of Access (Wireline and Wireless) and Broadband (Wireline and Wireless) Service Regulations, 2024Applications invited from eligible candidates for the appointment to the post of State Chief Information CommissionerReserve Bank of India (Rural Co-operative Banks – Know Your Customer) Amendment Directions, 2026Reserve Bank of India (Urban Co-operative Banks – Know Your Customer) Amendment Directions, 2026Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Valsad Mahila Nagrik Sahakari Bank Ltd., Valsad Gujarat – Extension of periodDirections under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Gauhati Co-operative Urban Bank Ltd., Guwahati – Extension of periodInterim Order in the matter of Kore Digital LimitedGeneral Remittance Order dated 17.09.2026 in Recovery Certificate No. 7163 of 2023 issued against Investmart Prop Mr. Anshuman Bhise (PAN: DYFPB1666H) in the matter of Investmart Prop Mr. Anshuman Bhise.The Manipur Conservation of Paddy Land and Wetland (Conversion of Paddy Land for Public Purposes and Fees) (Amendment) Rules, 2026Key Sectors to Position India as a Global Manufacturing HubUnion Budget 2025-26OHD on Consultation Paper on Draft Amendments in The Standards of Quality of Service of Access (Wireline and Wireless) and Broadband (Wireline and Wireless) Service Regulations, 2024 - dated 30/09/2026OHD on Consultation Paper on Draft Amendments in The Standards of Quality of Service of Access (Wireline and Wireless) and Broadband (Wireline and Wireless) Service Regulations, 2024Applications invited from eligible candidates for the appointment to the post of State Chief Information CommissionerReserve Bank of India (Rural Co-operative Banks – Know Your Customer) Amendment Directions, 2026Reserve Bank of India (Urban Co-operative Banks – Know Your Customer) Amendment Directions, 2026Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Valsad Mahila Nagrik Sahakari Bank Ltd., Valsad Gujarat – Extension of periodDirections under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Gauhati Co-operative Urban Bank Ltd., Guwahati – Extension of periodInterim Order in the matter of Kore Digital LimitedGeneral Remittance Order dated 17.09.2026 in Recovery Certificate No. 7163 of 2023 issued against Investmart Prop Mr. Anshuman Bhise (PAN: DYFPB1666H) in the matter of Investmart Prop Mr. Anshuman Bhise.The Manipur Conservation of Paddy Land and Wetland (Conversion of Paddy Land for Public Purposes and Fees) (Amendment) Rules, 2026Key Sectors to Position India as a Global Manufacturing HubUnion Budget 2025-26
Press releaseRBIThursday, 13 August 2026

RBI imposes monetary penalty on Jilla Sahakari Kendriya Bank Maryadit, Bhind, Madhya Pradesh

Cite this
Citations are auto-generated; verify before publishing. The release classification is PolicyDhara's, not the source's.
Official press release — a government communication announcing decisions, milestones, or initiatives. Signals intent and often precedes formal notification or legislative action.
Summary
The Reserve Bank of India (RBl) has, by an order dated August 11, 2026, imposed a monetary penalty of ₹2.50 lakh (Rupees Two Lakh Fifty Thousand only) on Jilla Sahakari Kendriya Bank Maryadit, Bhind, Madhya Pradesh (the bank), for contravention of the provisions of Section 26A read with Section 56 of the Banking Regulation Act, 1949 (BR Act). 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
Key Facts
TypePress release
SourceReserve Bank of India
PublishedThursday, 13 August 2026
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
500 GW non-fossil fuel capacity target by 2030
Key Authorities
Ministry of FinanceRBISEBIDEAMinistry of Power
Key Stakeholders
TaxpayersBanks & NBFCsInvestorsPower ConsumersDISCOMsCoal Industry
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Amendment History
1 change recorded for this policy.
DescriptionMonday, 31 August 2026via rbi
The Reserve Bank of India (RBl) has, by an order dated August 11, 2026, imposed a monetary penalty of ₹2.50 lakh (Rupees Two Lakh Fifty Thousand only) on Jilla Sahakari Kendriya Bank Maryadit, Bhind, Madhya Pradesh (the bank), for contravention of the provisions of Section 26A read with Section 56 of the Banking Regulation Act, 1949 (BR Act). 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 Reserve Bank of India (RBI) has, by an order dated August 28, 2026, imposed a monetary penalty of ₹2.03 lakh (Rupees Two Lakh and Three Thousand only) on Jai Bhawani Sahakari Bank Ltd., Pune, (the bank) for non-compliance with certain directions issued by RBI on ‘Membership of Credit Information Companies (CICs) by Co-operative Banks’ and ‘Know Your Customer (KYC)’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Sect
Explore Sectors
Finance & Economy671 tracked→Energy101 tracked→
Read Full Text at Source
Related Policies
“India’s manufacturing challenge is no longer merely to attract investment, but to build competitive domestic value chains.” What factors constrain local value addition in high-technology manufacturing? Suggest measures to deepen domestic capabilities.
TodayInsightsIASAnnouncementNews
Q7. “India’s manufacturing challenge is no longer merely to attract investment, but to build competitive domestic value chains.” What factors constrain local value addition in high-technology manufacturing? Suggest measures to deepen domestic capabilities. (15 M) The post “India’s manufacturing challenge is no longer merely to attract investment, but to build competitive domestic value chains.” What factors constrain local value addition in high-technology manufacturing? Suggest measures to deep
Digital & TechnologyFinance & Economy
Keyboard Shortcuts
Navigate between policiesJ / K
Open focused policyEnter
Focus search/
Toggle light/darkD
Bookmark focused policyB
Go homeH
Show this help?
Close overlayEsc