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Bombay Mercantile Bank

RBI imposes Rs 50 lakh penalty on Bombay Mercantile Co-operative Bank

The Reserve Bank of India (RBI) on Friday said it has imposed a penalty of Rs 50 lakh on Bombay Mercantile Co-operative Bank, Mumbai for deficiency in regulatory compliance.

Updated On: 03 Sep 2021 | 11:12 PM IST

Bombay Mercantile Bank: Nobody would listen

It is bad enough that most cooperative banks are run by shady politicians and go bust

Updated On: 07 Jan 2018 | 11:32 PM IST