<h1>RBI Fines Amreli Nagarik Sahakari Bank Rs. 5 Lakh for Violating At-Par Cheque Guidelines Under Banking Regulation Act, 1949.</h1> The Reserve Bank of India (RBI) has fined Amreli Nagarik Sahakari Bank Ltd, located in Dist. Amreli, Gujarat, Rs. 5 lakh for violating guidelines on issuing at-par cheques/pay orders against cash receipts. This action was taken under the Banking Regulation Act, 1949, following an inspection of the bank's financial position as of March 31, 2013. The bank was issued a Show Cause Notice and provided a written response. After reviewing the case details and the bank's submissions, the RBI determined the violation was proven and imposed the penalty.