The central bank has said the action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.
Mumbai (Maharashtra) [India], October 17 (ANI): The Reserve Bank of India (RBI) said on Monday it has imposed monetary penalty on Gujarat-based The Meghraj Nagarik Sahakari Bank for non-compliance with certain directions of the central bank.
Mumbai (Maharashtra) [India], September 26 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 1 lakh on Surat-based Varachha Co-operative Bank for contravention of directions issued by RBI on loans and advances to directors.
Mumbai (Maharashtra) [India], September 10 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 12.35 lakh on Indiabulls Commercial Credit Limited for non-compliance with certain KYC-related provisions.
New Delhi [India], June 30 (ANI): Union Finance Minister Nirmala Sitharaman will release the assessment report of the States and Union Territories under 'Business Reforms Action Plan (BRAP), 2020' in the presence of Union Commerce Minister Piyush Goyal today.
New Delhi [India], June 29 (ANI): Union Finance Minister Nirmala Sitharaman will release the assessment report of the States and Union Terittories under 'Business Reforms Action Plan (BRAP), 2020' in the presence of Union Commerce Minister Piyush Goyal on Thursday.
Moscow [Russia] January 28 (ANI): Chinese scientists have identified the new NeoCov coronavirus strain in bats in South Africa and the possible risks from the strain require further research and assessment, reported Sputnik.
Mumbai (Maharashtra) [India], November 26 (ANI/BusinessWire India): Infor, the industry cloud company, today announced that IDC has named Infor a Leader in the IDC MarketScape: Asia/Pacific Manufacturing Cloud Enterprise Resource Planning 2021 Vendor Assessment report.
Islamabad [Pakistan], April 1 (ANI): Pakistan has performed poorly with respect to legal protections for the right to freedom of expression of its citizens during 2020, according to a new assessment report published by the Media Matters for Democracy.
Mumbai (Maharashtra) [India], October 1 (ANI/BusinessWire India): ZenOnco.io, the World's First Integrative Oncology healthtech platform, has received global recognition at the European Society for Medical Oncology (ESMO) Annual Virtual Congress on September 21, 2020 for introducing the Worl
Thiruvananthapuram (Kerala) [India], Nov 5 (ANI): CPI on Tuesday submitted a status assessment report on Naxal killings that took place in Palakkad district last week, to Chief Minister Pinarayi Vijayan and stated that 'it was a fake encounter'.
Bhubaneswar (Odisha) [India], Aug 11 (ANI): Odisha Special Relief Commissioner Bishnupada Sethi has written to nine district collectors to submit an assessment report by August 17 on the damage caused to public properties due to recent flood and torrential rainfall in the state.