RBI imposes over Rs 60 lakh penalty on these two banks: Check names and reason
The penalties are based on deficiencies in regulatory compliance and are not intended to pronounce upon the validity of any ...
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Is there a bank holiday on February 15? Here's what RBI directive states
Get the latest Business News, Live Share & Stock Market Updates, Top News from India and across world. Read Top Business News ...
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RBI penalises Nainital Bank and Ujjivan SFB for regulatory violations
RBI clarified that these penalties were imposed solely for regulatory lapses and do not affect the validity of any ...
RBI’s curbs on New India Co-op Bank: Here’s how deposit insurance can help affected depositors
The bank’s depositors will not be able to make withdrawals for six months. The RBI has also barred new loans and deposits.
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Frozen Duck Meat Import Rules: India Tightens Guidelines
India has implemented new regulations for importing premium frozen duck meat, requiring importers to obtain authorization and ...
Why Did RBI Restrict New India Co-operative Bank? All You Need to Know
RBI has imposed restrictions on Mumbai-based New India Co-operative Bank due to regulatory concerns. Depositors are not ...
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RBI Fines Nainital Bank & Ujjivan SFB Rs 68 Lakh for Regulatory Violations
The Reserve Bank of India has imposed penalties totaling Rs 68.1 lakh on Nainital Bank and Ujjivan Small Finance Bank for ...
RBI imposes penalties on Shriram Finance, Nainital Bank, & Ujjivan Small Finance Bank for regulatory lapses
The Reserve Bank of India fined Shriram Finance, Nainital Bank, and Ujjivan Small Finance Bank for not adhering to regulatory guidelines. Nainital Bank was fined Rs 61.40 lakh for issues with interest ...
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RBI penalizes five cooperative banks for rule violations
The Reserve Bank of India (RBI) has imposed monetary penalties on five cooperative banks for various regulatory lapses, while ...
Reactions to RBI repo rate cut
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
RBI to introduce new guidelines on conduct of banks to tackle the issue of mis-selling
This move comes as part of an effort to curb practices that lead to consumer detriment and to ensure a level playing field in ...
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RBI has not issued any guidelines specifying the ink colour to be used in writing cheques
claims that the Reserve Bank of India (RBI) has changed the guidelines for filling out cheques. The post reads: “According to the new guidelines, cheques written in black ink will no longer be ...