In a series of strict regulatory actions, the Reserve Bank of India (RBI) has imposed heavy penalties on major financial ...

The Reserve Bank of India has imposed fines on Indian Bank and Mahindra & Mahindra Financial Services for regulatory breaches ...

The Reserve Bank of India (RBI) has imposed fines on Kotak Mahindra Bank, IDFC First Bank, and Punjab National Bank (PNB) for ...

RBI fines Kotak, IDFC First, and PNB for compliance failures. Kotak Mahindra Bank faces Rs 61.4 lakh penalty for loan system violations. IDFC First Bank penalised Rs 38.6 lakh for KYC non-compliance.

The fines amount to almost Rs 3 crore. The central bank imposed penalties on HDFC Bank ... and Supervisory Action Framework (SAF). The RBI penalised these companies between March 26 and March 28.

Indusind bank has ... bank boards, RBI had initiated a review of its penalty framework. The regulator wanted to establish a scale-based enforcement system that links fines imposed to the size ...

The Karnataka High Court has directed Google India and three of its senior executives to deposit 50 per cent of the penalties, imposed for ... approval from the Reserve Bank of India (RBI).

Reserve Bank of India (RBI) has imposed a penalty of Rs1 lakh on Nashik, Maharashtra-based Shri Ganesh Sahakari Bank Ltd for contravention of the provisions of Section 26A of the Banking Regulation ...

Reserve Bank of India imposes penalties on Indian Bank and Mahindra & Mahindra ... In another release, the RBI slapped a fine of Rs 71.30 lakh on Mahindra & Mahindra Financial Services Limited for non ...

In a significant enforcement action, the Reserve Bank of India (RBI) on Thursday imposed monetary penalties totalling Rs ... Though the RBI has made it clear that the fines will not directly impact ...

The Reserve Bank of India (RBI) on Friday said it has imposed penalties on Indian Bank and Mahindra ... In another release, the RBI slapped a fine of Rs 71.30 lakh on Mahindra & Mahindra Financial ...