RBI imposes monetary penalty on four co-operative banks for rule violations
The Reserve Bank of India (RBI) said it has imposed monetary penalty on four co-operative banks for rule violations. These
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May 2024
RBI imposes Rs. 59.90 lakh fine on Nashik co-op bank
The Reserve Bank of India said it has imposed a penalty of Rs 59.90 lakh on Nashik-based Janalaxmi Cooperative Bank
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Govt appoints 2 to securities appellate tribunal
The Centre appointed retired justice PS Dinesh Kumar as the presiding officer of the Securities Appellate Tribunal for four years.
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Pass reasoned orders for declaring wilful defaulter
The Bombay High Court has said banks and financial institutions should pass reasoned orders before declaring an entity or person
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RBI keeps finger on pause button, eyes on inflation
The monetary policy committee of the Reserve Bank of India (RBI) continued its prolonged pause in the key repo rate
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RBI may issue guidance on SFB upgradation to universal banks
The Reserve Bank of India is expected to issue guidelines or a circular that could pave the way for small
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RBI imposes penalty on IDFC First Bank, LIC HFC
Reserve Bank of India has imposed monetary penalty of Rs 1 crore on private sector lender IDFC First Bank for
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RBI to roll out cash deposit facility via UPI
The Reserve Bank of India (RBI) has proposed allowing cash deposit facility at Cash Deposit Machines (CDMs) through UPI, which
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RBI waives Rs. 14L loan taken in techie’s name by cybercrooks
The RBI has directed a private bank to waive the repayment of a Rs 14-lakh loan that cybercrooks took in
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RBI reverts to multiple price auctions
The Reserve Bank of India (RBI) will conduct auctions for all central government securities through multiple price-based method from this
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