RBI imposes monetary penalty on Dhanlaxmi Bank, ESAF Small Finance Bank, Punjab and Sind Bank

Jan 12, 2024

The Reserve Bank of India (RBI) has imposed monetary penalties, of varying degrees, against ESAF Small Finance Bank, Dhanlaxmi Bank, and Punjab and Sind...

RBI imposes penalties on nine cooperative banks for violating compliances

Nov 15, 2022

Those banks are The Berhampur Cooperative Urban Bank, The Kendrapara Urban Co-operative Bank , The Jamshedpur Urban Cooperative Bank, Krishna Mercantile Co-operative Bank ,...

CRED Goes Live with RuPay Credit Cards on UPI

Aug 02, 2023

Bengaluru (Karnataka) [India], August 2: CRED, a high-trust community of creditworthy individuals, brands, and institutions, in collaboration with NPCI has launched RuPay credit card-based UPI...

Moody's cracks down on five Indian public sector banks

Sep 04, 2020

Singapore, Sep 4 : Moody's Investors Service on Friday downgraded various instruments of five Indian banks: Bank of Baroda, Bank of India, Canara Bank,...

Uttarakhand govt signs MOUs with different banks to provide benefits to govt employees

Oct 16, 2024

In the presence of Chief Minister Pushkar Singh Dhami and Finance Minister Premchand Aggarwal, State Bank of India, Bank of Baroda, Union Bank of...

HDFC Bank, ICICI Bank, Axis Bank allowed to provide financial services for defence procurement

Jul 07, 2022

New Delhi [India], July 7 : The government of India has allowed three private sector lenders - HDFC Bank, ICICI Bank and Axis Bank...