RBI Releases Draft Guidelines For Payment Aggregators States that merchants should be onboarded as per the Master Directions on Know Your Customer, 2016 The Reserve Bank of India (RBI) has...
JSA Represented LeapFrog And Aavishkaar Capital On Their Investment In Electronica Finance Indian law firm JSA Law played a key role in facilitating a significant investment deal for Electronica...
RBI Penalizes Five Co-Operative Banks For Non-Compliance Of Norms The institutions were ordered to pay a fine from Rs.1 lakh to Rs.5 lakh The Reserve Bank of India (RBI) has announced the...
RBI Cracks Down on Tamilnad Mercantile Bank, DCB Bank for Regulatory ViolationsThe Reserve Bank of India (RBI) has cracked down on two banks, Tamilnad Mercantile Bank Limited and DCB Bank Ltd., for...
New board of IL&FS pleads NCLAT to Curb Public Sector Banks From Labelling It ‘Willful Defaulter’ Accuses them of taking procedural action under the garb of the Reserve Bank of India guidelines...
DSK Legal advised Mizuho Bank Japan on their investment in Kisetsu Saison DSK Legal advised and assisted Mizuho Bank (Japan), and its affiliate (together, “Mizuho Bank”) with respect to their...
RBI Penalizes Bank of India and Bandhan Bank for Non-Compliance Of Rules It is not intended to pronounce the validity of any transaction or agreement entered by the m with...
RBI Governor Announces Interoperable Payment System for Internet Banking in 2024 The Reserve Bank of India (RBI) Governor, Shaktikanta Das, has announced the anticipated launch of an interoperable...
Gujarat High Court: Lender Banks Must Provide Borrowers Audit Reports And Opportunity To Clarify Before Terming Account Illegal The promoters, suspended directors and shareholders of Syntex...
HDFC Bank Gets RBI Nod to Sell 90 Per Cent Stake in HDFC Credila HDFC Bank has secured approval from the Reserve Bank of India (RBI) to sell a 90 per cent stake in its subsidiary, HDFC Credila....
RBI Enhances Scrutiny of P2P Lenders Citing Violation Of Guidelines Directs platforms to share their financial data The Reserve Bank of India (RBI) has increased scrutiny of peer-to-peer (P2P)...
SBI Held Liable for Unauthorized Transactions: District Commission Orders Compensation The District Consumer Disputes Redressal Commission in Panchkula, with a bench comprising Satpal (President),...
