RBI imposes monetary penalty on three NBFCs for non-compliance with directives

Sep 14, 2024

The Reserve Bank of India (RBI) has imposed monetary penalties on three non-banking financial companies (NBFCs) for regulatory lapses and non-compliance with various RBI...

RBI imposes monetary penalty on 8 cooperative banks

Jan 24, 2022

Mumbai [India], January 24 : The Reserve Bank of India (RBI) on Monday imposed penalties on eight cooperative banks due to deficiencies in regulatory...

RBI imposes monetary penalty on two payment system operators

Oct 20, 2021

New Delhi [India], October 20 : The Reserve Bank of India (RBI) has imposed a monetary penalty on two payment system operators for deficiencies...

RBI imposes Rs.1.8 crore penalty on PNB

Dec 15, 2021

Mumbai (India), December 15 : The Reserve Bank of India (RBI) on Wednesday imposed Rs.1.8 crore monetary penalty on Punjab National Bank (PNB) for...

RBI imposes Rs 10 cr penalty on HDFC Bank over deficiencies in regulatory compliance

May 28, 2021

New Delhi [Inda], May 28 : Based on deficiencies in regulatory compliance, the Reserve Bank of India (RBI) on Friday imposed a monetary penalty...

RBI imposes Rs 3-lakh penalty on Shirpur Peoples' Co-operative Bank in Maharashtra

Jan 10, 2023

This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered...