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RBI has imposed a monetary penalty of Rs.3.20 lakh on Early Salary Services Private Limited for non-compliance with certain provisions of NBFC Direction 2016.

RBI imposes Monetary Penalty on Early Salary Services for non-compliance with RBI direction

RBI has imposed a monetary penalty of Rs.13.38 lakh on Kosamattam Finance Limited for non-compliance with certain provisions RBI Directions, 2016.

RBI imposes monetary penalty on Kosamattam Finance Company; Know Reason

The Reserve Bank of India (RBI) has imposed a monetary penalty on Federal and Punjab National Bank for non-compliance with certain provisions of RBI.

RBI imposes monetary penalty of Rs.102 Lakh on Federal Bank and Punjab National Bank

RBI has imposed a monetary penalty of Rs.10 lakh on Mercedes-Benz Financial Services India Private Limited for non-compliance with certain provisions of RBI.

RBI imposed Rs.10 Lakh monetary penalty on Mercedes-Benz Financial Services

People can send Rs 2,000 banknotes through insured post to Reserve Bank regional offices for credit in their bank accounts.

Rs 2,000 notes can be sent by post to RBI offices for direct credit in bank accounts

The RBI stated in a circular issued that it will directly regulate all firms that facilitate cross-border payment transactions for the import and export of goods and services.

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RBI imposes Monetary Penalty on Early Salary Services for non-compliance with RBI direction

RBI imposes monetary penalty on Kosamattam Finance Company; Know Reason

RBI imposes monetary penalty of Rs.102 Lakh on Federal Bank and Punjab National Bank

RBI imposed Rs.10 Lakh monetary penalty on Mercedes-Benz Financial Services

Rs 2,000 notes can be sent by post to RBI offices for direct credit in bank accounts

RBI to directly regulate entities facilitating cross border payment transactions