RBI imposes monetary penalty on Arvind Sahakari Bank Ltd., Katol, Maharashtra
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Official government notification — a formal executive order that operationalises policy decisions. Carries legal weight and specifies rules, dates, exemptions, or procedural requirements.
Summary
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
Key Facts
TypeNotification
SourceReserve Bank of India
PublishedThursday, 23 July 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
20 changes recorded for this policy.
DescriptionFriday, 31 July 2026via policyradar
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Ashok Sahakari Bank Ltd., Ahmednagar...
DescriptionFriday, 31 July 2026via policyradar
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Ashok Sahakari Bank Ltd., Ahmednagar...
DescriptionFriday, 31 July 2026via policyradar
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Ashok Sahakari Bank Ltd., Ahmednagar...
DescriptionSaturday, 1 August 2026via policyradar
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Ashok Sahakari Bank Ltd., Ahmednagar...
DescriptionSaturday, 1 August 2026via policyradar
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Ashok Sahakari Bank Ltd., Ahmednagar...
DescriptionSaturday, 1 August 2026via policyradar
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Ashok Sahakari Bank Ltd., Ahmednagar...
DescriptionSaturday, 1 August 2026via policyradar
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Ashok Sahakari Bank Ltd., Ahmednagar...
DescriptionSunday, 2 August 2026via policyradar
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Ashok Sahakari Bank Ltd., Ahmednagar...
DescriptionSunday, 2 August 2026via policyradar
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Ashok Sahakari Bank Ltd., Ahmednagar...
DescriptionSunday, 2 August 2026via policyradar
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Ashok Sahakari Bank Ltd., Ahmednagar...
DescriptionSunday, 2 August 2026via policyradar
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Ashok Sahakari Bank Ltd., Ahmednagar...
DescriptionMonday, 3 August 2026via policyradar
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Ashok Sahakari Bank Ltd., Ahmednagar...
DescriptionMonday, 3 August 2026via policyradar
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Ashok Sahakari Bank Ltd., Ahmednagar...
DescriptionMonday, 3 August 2026via policyradar
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Ashok Sahakari Bank Ltd., Ahmednagar...
DescriptionMonday, 3 August 2026via policyradar
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Ashok Sahakari Bank Ltd., Ahmednagar...
DescriptionTuesday, 4 August 2026via policyradar
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Ashok Sahakari Bank Ltd., Ahmednagar...
DescriptionTuesday, 4 August 2026via policyradar
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Ashok Sahakari Bank Ltd., Ahmednagar...
DescriptionTuesday, 4 August 2026via policyradar
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Ashok Sahakari Bank Ltd., Ahmednagar...
DescriptionTuesday, 4 August 2026via policyradar
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Ashok Sahakari Bank Ltd., Ahmednagar...
DescriptionWednesday, 5 August 2026via policyradar
The Reserve Bank of India (RBl) has, by an order dated July 16, 2026, imposed a monetary penalty of ₹11 lakh (Rupees Eleven Lakh only) on Arvind Sahakari Bank Ltd., Katol, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Housing Finance for UCBs’ and ‘Interest Rate on Deposits’. 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 Ba
The Reserve Bank of India (RBI) has, by an order dated June 29, 2026, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Ashok Sahakari Bank Ltd., Ahmednagar...
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