MUMBAI, India, July 20 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated July 17, 2026, imposed a monetary penalty of ₹13.30 lakh (Rupees Thirteen Lakh Thirty Thousand only) on Kolhapur District Central Co-op Bank Ltd., Maharashtra (the bank) for non-compliance with certain provisions of section 20(1) read with section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers confe...