News

One 97 Communications Limited confirmed that there is no financial impact from cancellation of Paytm Payments Bank license.

No financial impact from cancellation of Paytm Payments Bank license, says One 97 Communications

RBI cancelled the licence of Paytm Payments Bank Limited due to regulatory violations and will initiate winding-up proceedings.

RBI Cancels Licence of Paytm Payments Bank, winding up process begins

Judgement

The Calcutta HC quashes the RBI's rejection of the NBFC surrender application and mandates a hearing and fresh decision after PBC compliance.

HC Invalidates RBI Rejection of NBFC Exit Application

Circulars

New RBI Directive Targets Intra-Group Risk by Restricting INR Foreign Exchange Derivative Contracts for Authorized Dealers

RBI Withdraws April 1 Circular on Forex Risk Management and Interbank Dealings: Know More

The Reserve Bank of India rejected Ujjivan Small Finance Bank’s application for universal bank status, citing insufficient loan diversification and advised the bank to improve its portfolio before reapplying later.

RBI Rejects Ujjivan Small Finance Bank Application for Universal Bank Status

The Reserve Bank of India imposed a penalty on Himachal Pradesh State Co-operative Bank after finding KYC rule violations and lapses in periodic risk review during NABARD inspection.

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No financial impact from cancellation of Paytm Payments Bank license, says One 97 Communications

RBI Cancels Licence of Paytm Payments Bank, winding up process begins

HC Invalidates RBI Rejection of NBFC Exit Application

RBI Withdraws April 1 Circular on Forex Risk Management and Interbank Dealings: Know More

RBI Rejects Ujjivan Small Finance Bank Application for Universal Bank Status

RBI Imposes Rs 7.5 Lakh Penalty on Himachal Pradesh State Co-operative Bank for KYC Violations