Urban Co-operative Bank Ltd., Basti (U.P.) – Penalised by Rs10,00,000/-

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          Reserve Bank of India has informed to public at large that it has imposed a monetary penalty of ₹ 10,00,000/- (Rupees Ten Lakh only) on Urban Co-operative Bank Ltd., Basti (U.P.)

The monetary penalty is for violation of RBI Instructions/Guidelines on
·       Opening of on-site ATM without prior permission from RBI,
·       Exposure Norms and Statutory/ Other Restrictions- UCBs,
·       KYC/ AML norms
·       and Investments by UCBs.

Basti district is one of the districts of Uttar Pradesh state, India, and a part of Basti Division.

 Basti town is the district headquarters. In the freedom struggle of 1857, about 250 martyrs of Amorha State were hanged by the British Government from peepal trees located at Chhawani.

Basti came from the original name basisthi, Basisth the great sage ashram situated in this area. Sher Shah Suri made a well and a sarai here, hence as per local lore,  the name 'Basti', came. 

In 1801, the town Basti became a tehsil headquarter, and in 1865, it was chosen as the headquarters of the newly established Basti district of Gorakhpur Commissionary.

Amorha Khas is a historical place situated at a distance of 41 km from the district headquarters. Its old name is Amorha, and it was once a province (state) of Raja Zalim Singh. Raja Zalim Singh's Mahal is here, old wall of mahal is still there with the mark of a bullet used by the English.

The famous temple Ramrekha Mandir is here. Ramrekha Temple is one of the most ancient Hindu Mandir of Lord Ram and Goddess Sita. Lord Shri Ram stayed here for one day during his journey of Janakpur-Ayodhya.

Lord Shri Rama and Sita with Lakshmana journeyed towards Ayodhya by the road called Ram Janki Marg (State Highway 72) near Chhawan

Cuisine of Basti, Uttar Pradesh

Food: Main food of the people are Roti (wheat), rice, Dal (arhar) and seasonal vegetables and fruits.

Places of interest in Basti, Uttar Pradesh:

Pakke Bazar, Ahmath Pull, Kutiwa, Ganeshpur, Makhauda, Chawni Bazar, Nagar, Chando Tal, Barah, Jama Masjid, Kateshwar park, Van Vihar, Bhadeshwar Nath, Paida, Mahua dabar, Bhuila taal, pakari bikhy, dihwa(jaitapur)and Agauna are the major tourist attractions.

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