Search For "monetary penalty"
RBI imposes monetary penalty on Union Bank of India
Updated : 8 years, 6 months ago IST
New Delhi [India], July 31 (ANI): The Reserve Bank of India (RBI) had earlier this week imposed a monetary penalty of Rs. 10 million on Union Bank of India for non-compliance with the directions issued by the apex bank on Know Your Customer (KYC) norms.
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RBI imposes Rs. 5 lakh penalty on Jalore Nagrik Sahakari Bank
Updated : 8 years, 6 months ago IST
New Delhi [India], June 5 (ANI): The Reserve Bank of India (RBI) on Monday imposed a monetary penalty of Rs. five lakh on the Jalore Nagrik Sahakari Bank Ltd. on account of violation of the bank's guidelines.
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RBI penalises two authorised dealer banks over violation of instructions
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 26 (ANI): The Reserve Bank of India (RBI) on Wednesday imposed monetary penalty on the Hongkong and Shanghai Banking Corporation Ltd. and the Kotak Mahindra Bank for violation of instructions on reporting requirements of FEMA 1999.
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RBI imposes monetary penalty on Shriram City Union Finance Ltd
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr. 11 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs. 20 lakh on M/s Shriram City Union Finance Ltd.
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RBI imposes penalty on Eko India Financial Services Pvt. Ltd.
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar. 21 (ANI): The Reserve Bank of India (RBI) on Tuesday imposed a monetary penalty of Rs. 5, 00,000 on Eko India Financial Services Private Limited, in exercise of the powers vested under the provisions of section 30 of the PSS Act, 2007 for not adhering to RBI instructi
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Maharashtra: RBI imposes penalty worth Rs. 2 lakh on Satara bank
Updated : 8 years, 6 months ago IST
Satara (Maharashtra) [India], Mar. 21 (ANI): The Reserve Bank of India (RBI) on Tuesday imposed a monetary penalty of Rs. 2 lakh on Harihareshwar Sahakari Bank Ltd. here for violating provisions relating to granting loans against property owned by directors.
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RBI imposes penalty on Sahebrao Deshmukh, Progressive Co-operative Bank in
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb 23 (ANI): The Reserve Bank of India (RBI) on Thursday announced that it has imposed a monetary penalty of Rs. one lakh (rupees one lakh only) on Sahebrao Deshmukh Co-operative Bank and Rs. four lakh (rupees four lakh only) on Progressive Co-operative Bank Ltd in Mumbai
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