According to a press release, the penalty was levied due to the bank's failure to comply with RBI directives concerning 'Income Recognition, Asset Classification, Provisioning, and Other Related Matters.'
A special NIA court has sentenced an ISIS operative to 10 years of rigorous imprisonment for promoting the banned terrorist outfit's violent ideology and agenda and conspiring to carry out suicide attacks in Kerala's Kochi.
The Reserve Bank of India (RBI) said on Thursday that it has imposed a monetary penalty of Rs 43.30 lakh on Zoroastrian Co-operative Bank Ltd for violating the rules.
The RBI, in an official statement, said that this action is based on a deficiency in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.
The IDF (Israel Defence Forces) reported that Mu'azzam Ali, who was described as a senior terrorist operative, was killed Wednesday in the Nur Shams camp near Tulkarm, along with two other terrorists, while barricading himself in a house. He was suspected of shooting at Israeli forces in the
As per Delhi police statement, specific information was received from investigation agencies in Jammu and Kashmir that Riyaz Ahmad Rather, a resident of New Gabra village of J-K's Kupwara is wanted in the recent terror module case busted by them, wherein five persons were arrested and incrim
Amid the ongoing drive to eliminate the organised criminal networks in the state, the Anti-Gangster Task Force (AGTF) of the Punjab Police arrested three operatives of foreign-based gangster Goldy Brar from UP's Gorakhpur in the sensational Chandigarh firing case, Director General of Police
Taking to social media handle, Director General of Police (DGP) Gaurav Yadav posted on X, "Both the accused have a criminal history with several criminal cases of attempt to murder, extortion, robbery, and arms act registered against them in Chandigarh and Haryana."
Taking to X, the Chief Minister's Office posted, "The Cabinet has decided to implement the 'Procurement of Minority Forest Products' scheme for the betterment of tribals. Under this, tribals can sell minor forest produce at a minimum support price. The money will be transferred directly to t
According to RBI, themed around 'Governance in UCBs: Combating Cyber Threats and Enhancing Resilience,' the conference aimed to address the escalating challenges of cybersecurity faced by Urban Co-operative Banks.
Directorate of Enforcement (ED) has provisionally attached movable and immovable properties worth Rs 1.02 crore under the provisions of the Prevention of Money Laundering Act relating to N Bhasurangan, former President of Kandala Service Co-operative Bank and his family members in a money la