RBI issues final guidelines on project finance; effective from Oc

The Reserve Bank of India (RBI) on Wednesday issued the final Reserve Bank of India (Project Finance) Directions,...

RBI penalizes Pusad Urban Co-operative Bank Ltd.

According to a press release, the penalty was levied due to the bank's failure to comply with RBI directives...

RBI asks banks to ensure automation of NPA identification

Mumbai (Maharashtra) [India], Sep 14 (ANI): The Reserve Bank of India (RBI) on Monday asked banks to put in place...

RBI imposes Rs 1 crore fine on LVB, Rs 75 lakh on Syndicate...

Mumbai (Maharashtra) [India], Oct 15 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1...

RBI imposes Rs.30 million-penalty on Axis Bank

Mumbai (Maharashtra) [India], Mar. 5 (ANI): The Reserve Bank of India (RBI) imposed a monetary penalty worth Rs. 30...

RBI imposes Rs. 30 mn penalty on IndusInd Bank

New Delhi [India], Dec 13 (ANI):The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs. 30 million on...