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39 ministers included in Devendra Fadnavis-led Maharashtra cabinet | People who raise questions on EVMs should show how they can be hacked: TMC trashes Congress claims | Bangladesh likely to hold national polls in late 2025 or early 2026, says Yunus in Victory Day speech | Constitution stood test of time: Nirmala Sitharaman in Rajya Sabha | PM Museum requests Rahul Gandhi to return Pandit Nehru's historical letters | Indian tabla maestro Zakir Hussain dies at 73 in San Francisco, confirms family | Kolkata woman strangled, beheaded and chopped into pieces for refusing brother-in-law's advances | Arvind Kejriwal, CM Atishi to contest Delhi polls from current constituencies | Atul Subhash suicide case: Wife Nikita, her mother and brother arrested | Pushpa 2 stampede: Allu Arjun walks out of jail, actor's lawyer slams delay in release
RBI imposes Rs. 1 crore penalty on ICICI Bank, fines Yes Bank Rs. 91 lakhs for non-compliance

RBI imposes Rs. 1 crore penalty on ICICI Bank, fines Yes Bank Rs. 91 lakhs for non-compliance

May 28, 2024, at 09:10 pm

Reserve Bank of India has fined private lenders Yes Bank and ICICI Bank over non-compliance.

RBI imposes Rs 8.50 lakh penalty on Bajaj Finance

RBI imposes Rs 8.50 lakh penalty on Bajaj Finance

Oct 14, 2023, at 02:47 am

Mumbai: The Reserve Bank of India (RBI) on Friday slapped a fine of Rs 8.50 lakh penalty on Bajaj Finance for violation of the rule pertaining to reporting of frauds.

SEBI revokes Karvy Stock Broking's registration for misusing clients' funds

SEBI revokes Karvy Stock Broking's registration for misusing clients' funds

Jun 01, 2023, at 05:01 am

Mumbai: The Securities and Exchange Board of India (SEBI) on Wednesday said it has cancelled the registration of brokerage firm Karvy Stock Broking Ltd (KSBL) due to its improper use of clients' funds and securities, media reports said.

RBI imposes a monetary penalty of Rs 1 crore on City Union Bank Limited

RBI imposes a monetary penalty of Rs 1 crore on City Union Bank Limited

May 21, 2021, at 10:04 pm

Mumbai/UNI: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rupees One Crore only on City Union Bank Limited for contravention of/non-compliance with certain provisions of the directions contained in the Reserve Bank of India (Lending to Micro, Small & Medium Enterprises (MSME) Sector) Directions, 2017 and the circulars on educational loan scheme and credit flow to agriculture – agricultural loans – waiver of margin/security requirements.