Private sector lender Yes Bank said the Reserve Bank of India has slapped a fine of Rs 1 crore on the bank for non-compliance of directions on Swift m...
RBI Penalized IDBI and Dena Bank
Reserve Bank of India has imposed a monetary penalty of 2 crore on Dena Bank and 1 crore on IDBI Bank for non-compliance with various directions, regu...
RBI to Start Credit Score Profiling, Soon
The news of public registry comes up almost a month after the central board "advised" the financial authority to take into consideration a restructuri...
RBI to Infuse Rs 8000 Crore in System for Buying Govt Securities on Nov 22
The Reserve Bank of IndiaReserve Bank of India said it will inject Rs 8,000 crore into the system through purchase of government securities on Novem...
Is RBI Governor Urjit Patel Planning to Say Good Bye Over Differences with Government?
Notably, a high-level FSDC meeting chaired by Finance Minister Arun Jaitley discussed liquidity issues being faced by the non-banking financial compan...
Govt. Unhappy from RBI’s Deputy Gov. for Making Statements Regarding Internal Issues
A government official was quoted as saying that it was vital that what transpired between the Government in New Delhi and the RBI in Mumbai was kept c...
RBI Imposed Fine to Mandya City Co-Operative Bank for Voilating Norms to Sanctioning of Loans
The Reserve Bank of India has imposed a monetary penalty of Rs 50,000 on Mandya City Co-operative Bank Ltd., Mandya, for violating norms by sanctionin...
RBI Eases Cash Reserve Rules to Simplify Bank Liquidity
The RBI in a statement said banks could ‘carve out’ up to 15 per cent of holdings under the statutory liquidity reserves to meet their liquidity cover...
Shocking Set Back: RBI Wants Yes Bank to Find Replacement of Rana Kapoor by January 2019
"Reserve Bank of India has vide letter dated September 17, 2018 received today, intimated that Shri Rana Kapoor may continue as the MD & CEO till 31 J...
UBI, Bank of India and Maha Bank Fined By RBI for Delayed Fraud Detection
The central bank in three separate releases said it has imposed a penalty of Rs 1 crore each on the three banks of Union Bank of India (UBI), Bank of ...
