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The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs.2.20 Crore on Indian Overseas Bank for contravention of directions with RBI.

RBI imposed Monetary Penalty on Indian Overseas Bank; Know Reason

RBI has begun 100 Days 100 Pays Campaign, which will take effect on June 1, 2023. The programme aims to refund unclaimed contributions in savings and current accounts.

RBI launched 100 days 100 pays Campaign for Return of Unclaimed Deposits w.e.f. June 1st 2023

RBI has imposed a monetary penalty of Rs.1.00 lakh on Kohinoor Sahakari Bank Ltd., Ichalkaranji for non-compliance with the directions issued by RBI on ‘Investments by Primary (Urban) Co-operative Banks’, by an order dated May 23, 2023.

RBI imposed Monetary Penalty on Kohinoor Sahakari Bank; Know Reason

19 Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration granted to them by the Reserve Bank of India.

19 NBFCs Surrender their Certificate of Registration to RBI; Know Details

The Reserve Bank of India(RBI) has cancelled the Certificate of Registration of NBFC for non-compliance with directions of RBI.

RBI cancels Certificate of Registration of NBFC; Check Reason

The Reserve Bank of India(RBI) has imposed Monetary Penalty on Central Bank of India for non-compliance with certain provisions of RBI.

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RBI imposed Monetary Penalty on Indian Overseas Bank; Know Reason

RBI launched 100 days 100 pays Campaign for Return of Unclaimed Deposits w.e.f. June 1st 2023

RBI imposed Monetary Penalty on Kohinoor Sahakari Bank; Know Reason

19 NBFCs Surrender their Certificate of Registration to RBI; Know Details

RBI cancels Certificate of Registration of NBFC; Check Reason

RBI imposed Monetary Penalty on Central Bank of India