National PoliticsRBI Imposes Monetary Penalty On 5 Cooperative Banks For Rules ViolationANIJanuary 10, 2023 by ANIJanuary 10, 2023 The Reserve Bank of India (RBl) has imposed a monetary penalty on five cooperative banks for some contravention or for non-compliance with varied central bank...
Business & FinanceRBI Fines Ola Financial Services For Violating Norms, Imposes Rs 1.67 Crore PenaltySakeena SayyedJuly 12, 2022 by Sakeena SayyedJuly 12, 2022 The penalty has been imposed in exercise of powers vested in RBI under Section 30 of the Payment and Settlement Systems Act, 2007, the central...
Business & FinanceRBI Imposes Monetary Penalties On SBI, Bank of Baroda, 12 Other BanksTestHostEntryJuly 8, 2021June 3, 2022 by TestHostEntryJuly 8, 2021June 3, 2022 The penalty imposed amounts to a total of Rs 14.5 crore with a maximum 2 crore fine on Bank Of Baroda. The Reserve Bank of...