News

RBI has imposed an Rs 8.10 lakh penalty on Shri Ram Finance Corporation for regulatory lapses involving director appointment approvals, customer risk classification and timely uploading of KYC records.

RBI Imposes Rs 8.10 Lakh Penalty on Finance Firm Over KYC, Governance Lapses

Press Release

Kedarnath Urban Co-operative Bank has been penalised Rs 40,000 by RBI for non-compliance with KYC and SAF regulations.

RBI Penalises Kedarnath Urban Co-operative Bank for Regulatory Non-Compliance

PIB Fact Check has confirmed that the viral RBI letter demanding Rs 7,500 to release a Rs 1 lakh payment is fake and part of a scam.

PIB Warns Public Against Viral Fake RBI Letter Scam

The RBI has extended the due date for furnishing the annual census on FLA for the FY 2025-26 and also revised the email ID for all communication/queries. 

RBI Extends FLA Return Filing Deadline to July 31, 2026; Changes Official Email for Queries

Articles

The Reserve Bank of India (RBI) has released certain Frequently Asked Questions (FAQs) in relation to Annual Return on Foreign Liabilities and Assets (FLA) filed under FEMA, 1999.

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RBI Imposes Rs 8.10 Lakh Penalty on Finance Firm Over KYC, Governance Lapses

RBI Penalises Kedarnath Urban Co-operative Bank for Regulatory Non-Compliance

PIB Warns Public Against Viral Fake RBI Letter Scam

RBI Extends FLA Return Filing Deadline to July 31, 2026; Changes Official Email for Queries

RBI Releases FAQs Clarifying FLA Return Filing Applicability, Due Date and Compliance Consequences

High Court Quashes SBI Fraud Show Cause Notice Based on Inconclusive Forensic Audit Report