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.'
India managed to hold world No. 1 Netherlands to a 2-2 draw and bagged a bonus point by defeating them in the penalty shootout in the FIH Pro League 2023-24 on Sunday at the Kalinga Stadium.
Earlier in the week, the final of the championship between India and hosts Bangladesh had ended 1-1, before it went into the penalty shootouts, where after each of the 22 players scored their respective penalties (11-11), it was mutually decided that the champions' title would be shared betw
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.
This action is based on deficiencies 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 RBI said.
The Reserve Bank of India has imposed a monetary penalty of Rs 5 lakh on Bajaj Housing Finance Limited, Pune for non-compliance with certain provisions.
The Reserve Bank of India (RBI) has imposed a penalty of Rs 50,000 on Mula Sahakari Bank Limited, Sonai, district Ahmednagar, Maharashtra for non-compliance with the directions issued by the RBI.
The Reserve Bank of India (RBI) has, by an order dated January 8, 2024, imposed a penalty of Rs 50,000 on Bhilai Nagrik Sahakari Bank Maryadit, Bhilai, Chhattisgarh (the bank) for non-compliance with the directions issued by RBI on 'Know Your Customer (KYC) Direction, 2016'.
The RBI in an official statement issued on Monday said that the 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.
While India's defence remained resolute with France unable to breach past the experience of PR Sreejesh and Krishan Pathak in the goalpost, India scored a flurry of goals backed by an excellent penalty-corner attack.
The Delhi Police on Tuesday opposed the bail plea of accused Neelam Azad in the Parliament security breach case and said the present accused is involved in the offence, which is punishable up to a life sentence or death penalty.