The Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 50,000 on Gujarat-based Panchsheel Mercantile Co-operative Bank in Surat for non-compliance with the directions issued by it on 'Placement of Deposits with Other Banks by Primary (Urban) Co-operativ
The Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 5,000 on West Bengal-based Sree Chaitanya Co-operative Bank in Nabadwip city for not complying with the directions issued by it on 'Membership of Credit Information Companies (CICs)'.
The Reserve Bank of India (RBI) on Thursday issued an order imposing a monetary penalty of Rs 2 lakh on Gujarat-based Sardargunj Mercantile Co-operative Bank Limited in Patan, for non-compliance with the directions issued by the central bank on 'Placement of Deposits with Other Banks by Prim
Sources suggest that PIA cannot afford to pay more than PKR 8 billion in interest on the PKR 260 billion loan. The commercial banks involved in lending to PIA include the National Bank and Bank of Punjab, along with eight other commercial banks.
Reserve Bank of India on Thursday released the 28th issue of the Financial Stability Report, December 2023 reflecting the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability and the resilience of the Indian fina
A case has been registered against former ICICI Bank Managing Director and CEO Chanda Kochhar in the national capital, accusing Kochhar and ten others of cheating a private company, leading to a staggering loss of Rs 27 crores.
New Delhi [India], December 28: eYantra Industries, India's largest B2B merchandising and corporate gifting company, has released its 3rd Annual Corporate Gifting & Trend Report 2023. It covers over 7,000 HR professionals, employees, and founders/CEOs across diverse sectors. The report e
In the wake of the economic crisis in Pakistan, World Bank Country Director for Pakistan, Naji bin Hussain said that Pakistan's economic development is limited to the elite which resulted in the country lagging behind its fellow countries, Pak Vernacular media reported.
New Delhi [India], December 28: The 7th PNB MetLife Junior Badminton Championship shattered records with over 8,200 young talent nationwide, earning global recognition and fostering a culture of resilience and determination in aspiring badminton stars.
The prestigious event, graced by industry leaders, policymakers, and economists, provided a platform for deep insights and discussions on the challenges facing the banking sector.