Home > Penalty Tracker > Wardha District Ashirwad Mahila Nagari Sahakari Bank Maryadit, Hinganghat, Maharashtra
RBI imposes monetary penalty on Wardha District Ashirwad Mahila Nagari Sahakari Bank Maryadit, Hinganghat, Maharashtra
Quick answerThe Reserve Bank of India imposed a monetary penalty on Wardha District Ashirwad Mahila Nagari Sahakari Bank Maryadit, Hinganghat, Maharashtra (announced Thu, 18 Jun 2026) for non-compliance with its directions. Read the official RBI press release for the exact amount and the specific provisions contravened.
What it means for bankers
RBI monetary penalties follow a statutory show-cause and inspection process and are compliance signals, not commentary on the bank's solvency or on its customers' deposits. They typically flag lapses in areas such as KYC/AML, exposure norms, IRAC/asset classification or deposit-account rules. Tracking the pattern of penalties across entities helps compliance teams benchmark their own controls.
Key dataSee the full RBI penalty tracker and related live dashboards: NPA / asset quality · Bank health scores.
Key termsPlain-English definitions: KYC / AML · Master Direction · GNPA — see the full Indian banking glossary.
Explore the rulesThe RBI rules behind penalties, simplified for bankers: KYC / AML, Co-operative Banks, Digital Payments / UPI.
Last reviewed by CA Vikram Dhariwal Jain
Source: official RBI press release, rbi.org.in. BankPulse does not reproduce RBI text verbatim. Reviewed by CA Vikram Dhariwal Jain. Last updated 18 Jun 2026, 20:02 IST.