RBI imposed a ₹30,000 monetary penalty on Kshirsagar Sahakari Bank Ltd. for regulatory breaches.
The bank sanctioned loans to two of its directors and failed to provide required information during RBI inspection.
RBI’s order dated March 11 2026 cites non‑compliance with directions on loans to directors and violations of the Banking Regulation Act.
The penalty is imposed without prejudice to any further RBI action and does not comment on transaction validity.