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RBI has imposed a monetary penalty of Rs.2.00 lakh on Mahabaleshwar Urban Co-operative Bank for contravention directions issued by RBI under Supervisory Action Framework (SAF), and directions issued by RBI on ‘Maintenance of Deposit Accounts’ and ‘Know Your Customer (KYC)’.

RBI imposes monetary penalty on Mahabaleshwar Urban Co-operative Bank; Know Details

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The Unified Payments Interface(UPI), India's preferred digital payment mechanism, is getting a big upgrade with numerous new features.

RBI launches New UPI features: Conversational Payments via UPI; Raises per transaction limit for UPI Lite

The Reserve Bank of India(RBI) has imposed Monetary Penalty of Rs.4,20,000 on 3 Cooperative Banks and Sahakari Bank for non-compliance with directions issued by RBI.

RBI imposed Monetary penalty on 3 Cooperative Banks and Sahakari Bank; Know Reason

The Reserve Bank of India has notified in the press release that 11 NBFCs surrender their Certificate of Registration to RBI.

11 NBFCs surrender their Certificate of Registration to RBI

The Reserve Bank of India(RBI) has notified the cancellation of Registration Certificate of 4 NBFCs. RBI notified this via issuing Press release.

RBI cancels Certificate of Registration of 4 NBFCs

RBI has cancelled license of Malkapur Urban Co-operative Bank and Shushruti Souharda Sahakara Bank Niyamita for non-compliance with directions of RBI.

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RBI imposes monetary penalty on Mahabaleshwar Urban Co-operative Bank; Know Details

RBI launches New UPI features: Conversational Payments via UPI; Raises per transaction limit for UPI Lite

RBI imposed Monetary penalty on 3 Cooperative Banks and Sahakari Bank; Know Reason

11 NBFCs surrender their Certificate of Registration to RBI

RBI cancels Certificate of Registration of 4 NBFCs

RBI cancels license of Co-operative Bank Limited; Know Reason Why?