RBI fines City Co-operative Bank for KYC upload delays
Source: Reserve Bank of India · Press Release prid 63217 · ~1 min read
RBI imposed a ₹50,000 penalty on The City Co-operative Bank, Hassan, for failing to upload customer KYC records to the Central KYC Records Registry within the required timeline, violating KYC directions.
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Official RBI source: https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63217 — summary by BankPulse (bankpulse.ai).
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