Finance Minister introduces Banking Laws (Amendment) Bill in Lok Sabha

Aug 09, 2024

The bill provides for amending the Reserve Bank of India Act, 1934, Banking Regulation Act 1949, State Bank of India Act, 1955, Banking Companies...

Lok Sabha takes up bill to amend Banking Regulation Act

Sep 16, 2020

New Delhi [India], September 16 : The Lok Sabha on Wednesday took up for consideration a bill to address the potential disruptions in the...

RBI imposes monetary penalty on IDFC First Bank for non-compliance with directions

Apr 05, 2024

The penalty has been imposed in the exercise of powers vested in RBI under the Banking Regulation Act, of 1949

RBI imposes monetary penalty on Sangli Sahakari Bank Limited, Mumbai

Nov 20, 2023

The penalty has been imposed in the exercise of powers conferred on RBI under the provisions of the Banking Regulation Act, 1949

Nirmala Sitharaman to introduce new bills to amend banking laws in Lok Sabha today

Aug 09, 2024

As the Parliament convenes for the ongoing Budget Session on Friday, Union Finance Minister Nirmala Sitharaman will introduce new Bills including the Banking Laws...

RBI imposes monetary penalty on State Bank of India, Canara Bank

Feb 26, 2024

The Reserve Bank of India (RBI) has imposed a monetary penalty on State Bank of India and Canara Bank under relevant section of...