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    Question

    Which cooperative bank faces a penalty for issues

    related to maintaining minimum balance and NPA classification?
    A Jankalyan Co-operative Bank Limited, Mumbai Correct Answer Incorrect Answer
    B Urban Co-operative Bank Limited, Pune Correct Answer Incorrect Answer
    C Patan Urban Co-operative Bank Limited, Satara Correct Answer Incorrect Answer
    D Pune Municipal Corporation Servant Co-operative Urban Bank Limited Correct Answer Incorrect Answer
    E Pune Merchants Co-operative Bank Limited Correct Answer Incorrect Answer

    Solution

    Explanation : Urban Co - operative Bank Limited, Pune, is penalized Rs 5 lakh for non - compliance with prudential interbank exposure limits and issues related to maintaining minimum balance and NPA classification .

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