RBI calls for additional monetary policy meet to discuss inflation mandate

Oct 28, 2022

The meeting has been called under the provisions of Section 45ZN of the Reserve Bank of India (RBI) Act 1934, RBI said in a...

RBI holds meeting to discuss, draft report on inflation mandate failure

Nov 04, 2022

The meeting was called on Thursday under Section 45ZN of the Reserve Bank of India (RBI) Act 1934, which pertains to steps to be...

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...

RBI imposes monetary penalty on State Bank of India

Nov 27, 2021

Mumbai (Maharashtra) [India], November 27 : The Reserve Bank of India (RBI) by an order dated November 16 has imposed a monetary penalty of...

RBI imposes penalty of Rs 4 cr on Citibank

May 29, 2020

New Delhi [India], May 30 : The Reserve Bank of India (RBI) on Friday said that it has imposed a monetary penalty of Rs...

RBI levies Rs 7 lakh penalty on Navsarjan Industrial Co-operative Bank for non-compliance

Jan 08, 2024

According to RBI, this penalty, enacted through an order dated December 14, 2023, has been imposed due to the bank's non-compliance with RBI directives...