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...

Turkey announces restrictions on using credit card for travel

The decision which hit airline shares and was witnessed as curbing foreign currency outflows, was one of two...

RBI slaps Rs 26-lakh penalty on Nutan Nagarik Sahakari Bank

This action of the central bank is based on a deficiency in regulatory compliance and is not intended to pronounce...

RBI imposes Rs 5-lakh penalty on Bharat Co-operative Bank

The penalty was slapped on the non-adherence, violation of directions issued under exposure norms and statutory or...

RBI imposes Rs 50-lakh fine on Bharat Co-operative Bank

The central bank said this penalty had been imposed in exercise of powers vested in RBI conferred under Banking...