Which of the following points is/are "correct" with respect to the step taken by the Reserve Bank of India in December 2023?

A) RBI has canceled the license of Shankarrao Pujari Nutan Nagari Sahakari Bank Limited, Ichalkaranji, Kolhapur in Maharashtra, and Urban Co-operative Bank Limited, Sitapur in Uttar Pradesh.
B) RBI has imposed monetary penalties on 4 co-operative banks: Rajarshi Shahu Sahakari Bank Ltd (Rs 1 Lakh), Prathamik Shikshak Sahakari Bank Limited (Rs 1 Lakh), Patan Co-operative Bank Limited (Rs 1 Lakh) and the District Co-operative Central Bank Ltd (Rs 10,000).
C) The penalty was imposed in the exercise of powers conferred on RBI under the provisions of Section 47A (1) (c) read with Section 46 (4) (i) and Section 56 of the BR Act, 1949.