RBI imposes monetary penalty of Rs 5 lakh on cooperative bank

Reserve Bank of India on Thursday said that it has imposed a monetary penalty of Rs 5 lakh on Sankheda Nagarik...

RBI imposes penalty on Limdi Urban Co-operative Bank

Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 50,000 on The Limdi Urban...

RBI imposes monetary penalty of Rs 1.50 lakh on cooperative bank

The Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 1.50 lakh on the Bhuj...

RBI imposes monetary penalty of Rs 5 lakh on cooperative bank

The Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 5 lakh on Shree Bharat...

"Rise in customer complaints related to credit information": RBI 

RBI Deputy Governor Swaminathan J on Tuesday met with the Managing Director and Chief Executive Officers of all the...

RBI issues guidelines to trace customers with inoperative account

The central bank called for steps to trace the customers of inoperative accounts or unclaimed deposits including...

SBI authorised to issue and encash electoral bonds

The Ministry of Finance has granted authorization to the State Bank of India (SBI) for the issuance and encashment...

RBI provides update on withdrawal of Rs 2000

The central bank's periodic updates provide transparency regarding the progress of the withdrawal initiative,...

India’s forex reserves rose by USD 58 billion in 2023

India's foreign exchange reserves increased by USD 4.471 billion to USD 620.441 billion in the week ending...

Indian Real Estate: The Transformative Journey in 2024 and Ahead

New Delhi [India], December 30: In 2023, India's real estate market attained significant momentum, primarily fuelled...

RBI cancels licence of Botad Peoples Co-op Bank, Botad, Gujarat

The Reserve Bank of India (RBI) has cancelled the licence granted to The Botad Peoples Co-operative Bank Ltd.,...

Former Union Bank of India official, his wife convicted in fraud

It was alleged that while working as Manager of Union Bank of India, Sowcarpet Branch, Chennai during the year...