News

The Reserve Bank of India (RBI) has imposed Monetary Penalty of Rs.9.50 lakhs on 3 Cooperative Banks for non-compliance with the directions issued by RBI.

RBI imposes Monetary Penalty on 3 Cooperative Banks; Know Reason

The Reserve Bank of India (RBI) has released its annual publication titled “Handbook of Statistics on the Indian Economy, 2022-23” (HBS).

RBI releases Handbook of Statistics on Indian Economy 2022-23

RBI has imposed a monetary penalty of Rs.1.55 lakh on Nido Home Finance Limited for non-compliance with certain provisions of the Non-Banking Financial Company - Housing Finance Company (Reserve Bank) Directions, 2021, by an order dated September 13, 2023.

RBI imposes Monetary Penalty on Nido Home Finance Limited

RBI has imposed a monetary penalty of Rs.20 lakh on Dhani Loans and Services Limited or non-compliance with certain provisions of Reserve Bank of India KYC Directions, 2016 (KYC directions), by an order dated September 14, 2023.

RBI imposes Monetary Penalty of Rs.20 Lakh on Dhani Loans and Services Limited

The Reserve Bank of India(RBI) has imposed Monetary Penalty of Rs.14 lakh on 4 Cooperative Banks for non-compliance with the directions issued by RBI.

RBI imposes Monetary Penalty on 4 Banks; Know Reason

Notifications

The Reserve Bank of India (RBI) has notified that Mahalaxmi Cooperative Bank ceased to be a Co-operative Bank via issuing Notification.

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RBI imposes Monetary Penalty on 3 Cooperative Banks; Know Reason

RBI releases Handbook of Statistics on Indian Economy 2022-23

RBI imposes Monetary Penalty on Nido Home Finance Limited

RBI imposes Monetary Penalty of Rs.20 Lakh on Dhani Loans and Services Limited

RBI imposes Monetary Penalty on 4 Banks; Know Reason

Mahalaxmi Cooperative Bank ceased to be a Co-operative Bank