Search For "rbi directions"
Mumbai: RBI imposes restrictions on New India Co-operative Bank, freezes w
Updated : 1 year, 3 months ago IST
According to the RBI notice, "Considering the bank's present liquidity position Bank has been directed not to allow withdrawal of any amount from savings bank or current accounts or any other account of a depositor but is allowed to set off loans against deposits subject to the conditions st
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RBI penalizes five banks, including PNB, for regulatory non-compliance in
Updated : 1 year, 11 months ago IST
The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in the first week of July for non-compliance with various RBI directions.
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Paytm set to expand its existing relationships with leading third-party ba
Updated : 2 years, 4 months ago IST
Paytm Payments Bank Limited ("PPBL"), an associate of OCL (One 97 Communications Limited), has received RBI directions. Paytm Payments Bank is set to expand its existing relationships with leading third-party banks to distribute payments and financial services products
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Nagar Urban Co-operative Bank Ahmednagar put under RBI 'directions'
Updated : 3 years, 6 months ago IST
Deposit withdrawal will be restricted to Rs 10,000 per depositor during the entire six months that the Bank will be under directions, with effect from the close of business on December 6.
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RBI imposes monetary penalty on Meghraj Nagarik Sahakari Bank
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], October 17 (ANI): The Reserve Bank of India (RBI) said on Monday it has imposed monetary penalty on Gujarat-based The Meghraj Nagarik Sahakari Bank for non-compliance with certain directions of the central bank.
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RBI imposes Rs 5.72 crore monetary penalty on Federal Bank Limited
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 8 (ANI): The Reserve Bank of India (RBI) said on Friday it has imposed a monetary penalty of Rs 5.72 crore on Federal Bank Limited for non-compliance with the central bank's direction related to the delivery of financial services.
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RBI cancels Certificate of Registration of PC Financial Services Pvt Ltd
Updated : 4 years, 3 months ago IST
New Delhi [India], February 24 (ANI): Reserve Bank of India on Thursday cancelled the Certificate of Registration of PC Financial Services Pvt Ltd, Delhi for violation of RBI directions on outsourcing and Know Your Customer norms.
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PIL in Bombay HC seeking to quash RBI's directions imposing restrictions o
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Sept 30 (ANI): A public interest litigation (PIL) was filed in the Bombay High Court seeking to quash the RBI directions imposing withdrawal limits on account holders in Punjab and Maharashtra Cooperation (PMC) bank.
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