July 03, 2024 15:16 (IST)
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After hijab ban, Mumbai college bars students from wearing torn jeans, t-shirts, 'revealing dresses' on campus | Chandrababu Naidu seeks time for face-to-face meeting with Revanth Reddy, stirs political speculations | Private hospitals have to charge for dengue tests at fixed rates in Karnataka: State Health Minister | PM Modi invokes 'Sholay' dialogues to mock Congress, says 'Teesri baar toh haare hain par mausi ji...' | Desperate to reach US, 24-year-old man arrested for posing as a senior in 'donkey route' attempt
RBI imposes Rs 29.6 lakh fine on HSBC over non-compliance in card ops

RBI imposes Rs 29.6 lakh fine on HSBC over non-compliance in card ops

Mumbai: The Reserve Bank of India (RBI) announced it has fined The Hongkong and Shanghai Banking Corporation Limited (HSBC) Rs 29.6 lakh for failing to comply with certain directives regarding card operations.

RBI slaps fines on IDFC First Bank and LIC Housing Finance for non-compliance

RBI slaps fines on IDFC First Bank and LIC Housing Finance for non-compliance

Mumbai: The Reserve Bank on Friday said that it has fined IDFC First Bank Rs 1 crore and LIC Housing Finance Rs 49.70 lakh for breaching specific regulations. The penalty on IDFC First Bank was levied due to failure to adhere to certain directives regarding 'Loans and Advances - Statutory and Other Restrictions', according to the central bank’s statement.

RBI penalizes Citibank, BoB, and IOB for non-compliance with norms

RBI penalizes Citibank, BoB, and IOB for non-compliance with norms

Mumbai: The Reserve Bank of India (RBI) on Friday slapped monetary fines on Citibank, Bank of Baroda, and Indian Overseas Bank for violations of regulations.

RBI slaps Rs 1.7 cr fine on Ola Financial Services for non-compliance

RBI slaps Rs 1.7 cr fine on Ola Financial Services for non-compliance

Mumbai: The Reserve Bank of India (RBI) slapped a Rs 1.67 crore fine on Ola Financial Services Ltd, the financial arm of app-based ride-hailing firm Ola, for non-compliance with its prepaid payment instrument (PPI) and know-your-customer (KYC) guidelines.