RBI imposes Rs 25 lakh penalty on Axis Bank

Sep 02, 2021

Mumbai (Maharashtra) [India], September 2 : The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 25 lakh on private sector...

RBI imposes monetary penalty on Madhya Pradesh-based cooperative bank

Jun 06, 2022

Mumbai (Maharashtra) [India], June 6 : The Reserve Bank of India (RBl) on Monday said it has imposed a monetary penalty of Rs 50,000...

Airtel Payments Bank rolls out e-KYC-based face authentication for opening saving accounts

Nov 22, 2022

The payments bank said the new facility would help business correspondents (BCs) of the bank to open an account just by undertaking face authentication...

RBI imposes monetary penalty on Gauhati Co-operative Urban Bank

Jul 28, 2022

Mumbai (Maharashtra) [India], July 28 : The Reserve Bank of India (RBI) on Thursday said it has imposed a monetary penalty on Guwahati-based co-operative...

RBI issues new prudential regulations for All India Financial Institutions

Sep 21, 2023

The Reserve Bank of India (RBI) on Thursday announced the issuance of the Reserve Bank of India (Prudential Regulations on Basel III Capital Framework,...

RBI imposes monetary penalty on Bank of India

Jul 08, 2022

Mumbai (Maharashtra) [India], July 8 : The Reserve Bank of India (RBI) said on Friday it has imposed a monetary penalty of Rs 70...