RBI to study proposal on banks' foray into non-Agri derivatives

Reserve Bank of India Governor Sanjay Malhotra on Friday said the central bank will study the pros and cons of the...

Nirmala Sitharaman to move Banking Laws (Amendment) Bill in LS

As per the schedule issued by the secretariat, Sitharaman is expected to move the Bill further to amend the...

Sitharaman introduces Banking Laws (Amendment) Bill

The bill provides for amending the Reserve Bank of India Act, 1934, Banking Regulation Act 1949, State Bank of India...

Nirmala Sitharaman to introduce new bills to amend banking laws

As the Parliament convenes for the ongoing Budget Session on Friday, Union Finance Minister Nirmala Sitharaman will...

RBI imposes monetary penalty on Yes Bank and ICICI Bank

The Reserve Bank of India (RBI) has imposed monetary penalty on Yes Bank and ICICI Bank for non-compliances with...

RBI imposes monetary penalty on IDFC First Bank

The penalty has been imposed in the exercise of powers vested in RBI under the Banking Regulation Act, of 1949

RBI imposes monetary penalty on State Bank of India, Canara Bank

The Reserve Bank of India (RBI) has imposed a monetary penalty on State Bank of India and Canara Bank under...

RBI gives 15-day relaxation to Paytm Payments bank

"Keeping in view the interest of customers (including merchants) of PPBL who may require a little more time to...

RBI levies Rs 2 lakh penalty on Halol Urban Co-operative Bank

The penalty is a result of the bank's non-compliance with various directives issued by the RBI, including those...

RBI levies Rs 7 lakh penalty on NICB

According to RBI, this penalty, enacted through an order dated December 14, 2023, has been imposed due to the bank's...

RBI imposes Rs 3 lakh penalty on MJPKCB

According to RBI, the penalty, dated December 13, 2023, has been enforced due to the bank's non-compliance with RBI...

RBI imposes monetary penalty on Sangli Sahakari Bank Limited

The penalty has been imposed in the exercise of powers conferred on RBI under the provisions of the Banking...