RBI issues new directions to banks for interest rate on advances

The Reserve Bank of India (RBI) has issued new directions to banks, effective from October 1, 2025, covering...

RBI imposes monetary penalty on three NBFCs for non-compliance

The Reserve Bank of India (RBI) has imposed monetary penalties on three non-banking financial companies (NBFCs) for...

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 levies Rs 7 lakh penalty on NICB

According to RBI, this penalty, enacted through an order dated December 14, 2023, has been imposed due to the bank's...

RBI imposes Rs 3 lakh penalty on MJPKCB

According to RBI, the penalty, dated December 13, 2023, has been enforced due to the bank's non-compliance with RBI...