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(30/06/2026 09:30)

RBI fines Sri Bharathi Co-operative Urban Bank Rs 1.5 lakh for regulatory violations

The Reserve Bank of India (RBI) has imposed a Rs 1.5 lakh monetary penalty on Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad for violating regulatory guidelines related to director-linked lending and small value loans.

The penalty follows an RBI inspection based on the bank's financial position as of March 31, 2025, which found that the bank had sanctioned loans to related directors and failed to maintain the mandated minimum 40% share of small value loans in its total loan portfolio. The RBI clarified that the action pertains to regulatory compliance deficiencies and does not affect the validity of transactions between the bank and its customers.
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