RBI levies Rs 2 lakh penalty on Halol Urban Co-operative Bank

The penalty is a result of the bank's non-compliance with various directives issued by the RBI, including those...

RBI imposes Rs 50,000 penalty on the Stambhadri CUB

The central bank, through an order dated December 19, 2023, has imposed a monetary penalty of Rs 50,000 on the...

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...

RBI imposes monetary penalty of Rs 5 lakh on cooperative bank

Reserve Bank of India on Thursday said that it has imposed a monetary penalty of Rs 5 lakh on Sankheda Nagarik...

RBI imposes penalty on Limdi Urban Co-operative Bank

Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 50,000 on The Limdi Urban...

RBI imposes monetary penalty of Rs 1.50 lakh on cooperative bank

The Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 1.50 lakh on the Bhuj...

RBI imposes monetary penalty of Rs 5 lakh on cooperative bank

The Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 5 lakh on Shree Bharat...

"Rise in customer complaints related to credit information": RBI 

RBI Deputy Governor Swaminathan J on Tuesday met with the Managing Director and Chief Executive Officers of all the...

RBI issues guidelines to trace customers with inoperative account

The central bank called for steps to trace the customers of inoperative accounts or unclaimed deposits including...

RBI provides update on withdrawal of Rs 2000

The central bank's periodic updates provide transparency regarding the progress of the withdrawal initiative,...

India’s forex reserves rose by USD 58 billion in 2023

India's foreign exchange reserves increased by USD 4.471 billion to USD 620.441 billion in the week ending...