RBI penalises Karjan Nagrik Sahakari Bank Ltd., Karjan Dist.Vadodara (Gujarat)


The Reserve Bank of India has imposed a monetary penalty of Rs1.00 lakh  (Rupees One Lakh only) on the Karjan Nagrik Sahakari Bank Ltd., Karjan Dist. Vadodara (Gujarat).

This penalty was for violation of RBI instructions relating to KYC norms. The KYC norms are  a set of rules to assist bankers to adhere to good banking practices.

The major attractions in Karjan are its Sari Market and snacks like Samosa and Khaman. The Samosa’s have a variety of fillings to attract a larger clientele.

Advertisements

2 thoughts on “RBI penalises Karjan Nagrik Sahakari Bank Ltd., Karjan Dist.Vadodara (Gujarat)”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s