The penalty was slapped on the non-adherence, violation of directions issued under exposure norms and statutory or other restrictions - urban cooperative banks, the central bank said.
A local court on Friday slapped a fine of Rs 5 lakh on the police for arresting the wrong person in a POCSO case in the Mangaluru district of Karnataka.
Police arrested two members of a smuggling gang who were inspired by the recent Telugu movie 'Pushpa' and recovered about 130 kilograms of cannabis worth Rs 5 lakh from them in Paderu of Alluri Seetha Rama Raju district on Sunday.
The Supreme Court on Friday directed that a compensation of Rs 5 lakh each is to be paid to seven fishermen and the legal heirs of two others, who were affected in an incident of firing by two Italian marines on a boat off the Kerala coast in February 2012.
The complainant had alleged that his firm is engaged in the manufacturing of electric switches in Maharashtra, however, income tax assessment of the said firm was being done at the office of income tax at Mandsaur (MP).
"Family of each deceased will get Rs 5 lakhs, those who sustained grievous injuries will get Rs 1 lakh, and those with nonserious injuries will get Rs 25,000," said Railway Minister Ashwini Vaishnaw.
"I was deeply saddened to hear the news that five people died in a sudden explosion today in a Firecrackers factory operating in the village near Tirumangalam in Madurai district," said CM Stalin.
"TRS has Kaleswaram project and land grabbings. KCR took Rs 5 lakh crores debts. To build the defunct project he spent Rs 1.5 lakh crore for Kaleswaram Commission project and the remaining money is with him. With that KCR is funding other states and other chief ministers," said BJP leader KV
Chief Minister Eknath Shinde expressed grief over an accident in which a vehicle crushed the Warkari (pilgrims), heading towards Pandharpur on the Sangola-Miraj road for Kartik Yatra.
New Delhi [India], October 17 (ANI): With the aim to provide coverage of up to Rs. 5 lakh per family per year, for primary, secondary and tertiary care hospitalization without any cap on the family size and age, Prime Minister Narendra Modi will kickstart the distribution of PMJAY-MA Yoja
New Delhi [India], September 28 (ANI): The Supreme Court has imposed a fine of Rs 5 lakh on the Tamil Nadu government for filing an "unnecessary" appeal despite the issue being already decided by the top court.