Search For "the reserve bank of india"
RBI slaps Rs 50,000 penalty on Bhilai Nagrik Sahakari Bank Maryadit in Chh
Updated : 2 years, 5 months ago IST
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'.
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India's forex reserves fell USD 5.9 billion in week that ended January 5
Updated : 2 years, 6 months ago IST
India's foreign exchange reserves declined by USD 5.898 billion to USD 617.303 billion in the week that ended on January 5, 2023, the latest data released by the Reserve Bank of India showed.
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RBI imposes monetary penalty on Dhanlaxmi Bank, ESAF Small Finance Bank, P
Updated : 2 years, 6 months ago IST
The Reserve Bank of India (RBI) has imposed monetary penalties, of varying degrees, against ESAF Small Finance Bank, Dhanlaxmi Bank, and Punjab and Sind Bank over various non-compliances.
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RBI imposes monetary penalty of Rs 1.50 lakh on Bhuj Commercial Co-operati
Updated : 2 years, 6 months ago IST
The Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 1.50 lakh on the Bhuj Commercial Co-operative Bank, which is situated in Kachchh, Gujarat.
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RBI imposes monetary penalty of Rs 5 lakh on Gujarat-based co-operative ba
Updated : 2 years, 6 months ago IST
The Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 5 lakh on Shree Bharat Cooperative Bank Limited, which is situated in Vadodara, Gujarat.
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India's forex reserves rose by USD 58 billion cumulatively in 2023
Updated : 2 years, 6 months ago IST
India's foreign exchange reserves increased by USD 4.471 billion to USD 620.441 billion in the week ending December 22, 2023, hitting a 21-month high, the latest data released by the Reserve Bank of India showed. In the calendar year 2023, the RBI added about USD 58 billion to its foreign
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Indian Real Estate: The Transformative Journey in 2024 and Ahead
Updated : 2 years, 6 months ago IST
New Delhi [India], December 30: In 2023, India's real estate market attained significant momentum, primarily fuelled by several positive developments. The Reserve Bank of India's decision to maintain stable interest rates was a major catalyst. It empowered prospective buyers to confidently i
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RBI cancels licence of The Botad Peoples Co-op Bank, Botad, Gujarat, allow
Updated : 2 years, 6 months ago IST
The Reserve Bank of India (RBI) has cancelled the licence granted to The Botad Peoples Co-operative Bank Ltd., Botad, Gujarat and allowed it to function as a non-banking institution.
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RBI imposes monetary penalty on three co-operative banks in Gujarat
Updated : 2 years, 6 months ago IST
The Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 50,000 on Gujarat-based Panchsheel Mercantile Co-operative Bank in Surat for non-compliance with the directions issued by it on 'Placement of Deposits with Other Banks by Primary (Urban) Co-operativ
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RBI imposes monetary penalty on Sree Chaitanya Co-operative Bank for non-c
Updated : 2 years, 6 months ago IST
The Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 5,000 on West Bengal-based Sree Chaitanya Co-operative Bank in Nabadwip city for not complying with the directions issued by it on 'Membership of Credit Information Companies (CICs)'.
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RBI imposes monetary penalty of Rs 2 lakh on Sardargunj Mercantile Co-oper
Updated : 2 years, 6 months ago IST
The Reserve Bank of India (RBI) on Thursday issued an order imposing a monetary penalty of Rs 2 lakh on Gujarat-based Sardargunj Mercantile Co-operative Bank Limited in Patan, for non-compliance with the directions issued by the central bank on 'Placement of Deposits with Other Banks by Prim
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Maharashtra: Mumbai Crime Branch detains 3 people in RBI threat email case
Updated : 2 years, 6 months ago IST
The Mumbai Crime Branch detained three people from Gujarat's Vadodara in connection with the Reserve Bank of India (RBI) threat email case.
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