Press Release

Newa Investments Private Limited was fined Rs 2.70 lakh by the RBI for changing over 30% of its directors without prior RBI approval, violating governance regulations.

Newa Investments Penalised by RBI Over Director Change Without Approval

Penalty relates to improper agricultural loan charges and SHG data reporting failures.

RBI Imposes Rs 10.10 Lakh Penalty on City Union Bank for Violations

The RBI retained the Contingent Risk Buffer at 6.5% under the revised Economic Capital Framework.

RBI Approves Record Rs 2.86 Lakh Crore Surplus Transfer to Government

News

The RBI imposes a Rs 5.80 lakh penalty on Appnit Technologies Private Limited for violating KYC and prepaid payment instrument norms.

RBI Penalises Appnit Technologies Over KYC Lapses and PPI Compliance Failures

IFL Finance Limited was fined Rs 3.10 lakh by the Reserve Bank of India for violating NBFC regulations and failing to refund excess money from auctioned pledged gold to borrowers.

RBI Slaps Rs 3.10 Lakh Penalty on IFL Finance Over Gold Loan Auction Violations

The RBI has cancelled the Certificates of Registration (CoR) of 150 NBFCs across multiple states, barring them from carrying out financial activities under the RBI Act, 1934.

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Newa Investments Penalised by RBI Over Director Change Without Approval

RBI Imposes Rs 10.10 Lakh Penalty on City Union Bank for Violations

RBI Approves Record Rs 2.86 Lakh Crore Surplus Transfer to Government

RBI Penalises Appnit Technologies Over KYC Lapses and PPI Compliance Failures

RBI Slaps Rs 3.10 Lakh Penalty on IFL Finance Over Gold Loan Auction Violations

RBI Cancels Certificates of Registration of 150 Non-Banking Financial Companies