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Reserve-Bank-of-India

RBI Imposes Fines on Major Banks for Regulatory Violations

RBI Imposes Fines on Major Banks for Regulatory ViolationsThe Reserve Bank of India (RBI) on 25 September 2023, imposed fines on the State Bank of India, Indian Bank, Punjab & Sind Bank, and...

RBI

RBI slaps fine on Kotak and IndusInd banks

RBI slaps fine on Kotak and IndusInd banks The two were accused of non-compliance with the regulatory body's guidelines The Reserve Bank of India (RBI) has penalized private-sector lenders Kotak...

RBI

Supreme Court states RBI's powers are legally binding

Supreme Court states RBI's powers are legally binding It has control over financial institutions like the Small Industries Development Bank of India A Supreme Court bench comprising Justice...

RBI-Issues-Notification

RBI extends the Period for Submission of Returns for Urban Co-operative Banks

RBI extends the Period for Submission of Returns for Urban Co-operative Banks forConsidering the difficulties faced by Urban Co-operative Banks (UCBs) in finalizing the financial statements...

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