Paytm Payments Bank Decision Final: RBI Rejects ReviewReserve Bank of India (RBI) Governor Shaktikanta Das has firmly ruled out any reconsideration of the central bank’s action against Paytm Payments...
Paytm Forms Advisory Committee on Compliance, Regulatory Matters Under Former SEBI Chief DamodaranThe board of One97 Communications Ltd, the company behind the Paytm payments app, has established a...
RBI Cracks the Whip as Three NBFCs Lose LicensesThe Reserve Bank of India (RBI) revoked the licenses of three non-banking financial companies (NBFCs) on February 9. The affected companies are Bharathu...
Bombay High Court States HSBC Bank, Having Bona Fide Banking Business in Mauritius, is Exempt From Tax Under DTAA The Assessing Officer had refused to accept the assessee's claim that the interest...
CCI Endorses Union Of Fincare Small Finance Bank with AU Small Finance Bank The union is subject to the approval of the Reserve Bank of India The Competition Commission of India (CCI) has...
Allahabad High Court Raps RBI For Allowing Banks To Arbitrarily Charge Borrowers High-Interest Rate States that it was the duty of the banking regulator to see that the customers were not...
RBI Releases Draft Framework For Fintech Self-Regulatory Organization Invites feedback by February-end, after which a final outline would be issued In a draft framework released recently, the...
RupeeRedee Onboards Gaurav Sharma as Chief Compliance Officer The firm endeavors to enhance its legal capabilities and solidify its position in the present dynamic regulatory ecosystem ...
RBI Penalizes Dhanlaxmi Bank, ESAF Small Finance Bank, Punjab & Sind Bank For Flouting Guidelines The fines were slapped under the Banking Regulation Act, 1949 The Reserve Bank of India...
RBI Imposes Monetary Penalty On Four Cooperative Banks; Cancels Licence Of Another Bank These are from Maharashtra, Telangana, and Uttar Pradesh The Reserve Bank of India (RBI) has imposed...
CCI Rules in Favour of Indian Bank: No Market Dominance or Unfair Practices Found The Competition Commission of India (CCI), led by chairperson Ravneet Kaur and comprising members Anil Agrawal,...
RBI Slaps Fines on HDFC Bank and Bank of America for Regulatory Breaches The Reserve Bank of India (RBI) has invoked its powers under the Foreign Exchange Management Act (FEMA) to impose fines on...
