PNB flags Rs 270.57 crore fraud at Gupta Power Infrastructure
According to the bank’s disclosure to stock exchanges the bank has already made full provisions of ₹270.57 crore as per the prescribed prudential norms.
Stay updated with the latest news and articles about Reserve bank of India.
According to the bank’s disclosure to stock exchanges the bank has already made full provisions of ₹270.57 crore as per the prescribed prudential norms.
RBI imposed a ₹6.70 lakh penalty on Ujjivan Small Finance Bank Limited for failing to comply with the RBI’s guidelines on Loans and Advances - Statutory and Other Restrictions.
After reviewing the audit findings and compliance submissions, the RBI found the bank’s corrective actions satisfactory and revoked the restrictions.
The OFS will open for non-retail investors on November 22 and for retail investors on November 25.
The auction will involve a substantial amount of Rs 50,000 crore, marking a significant move in the country’s monetary policy.
The Reserve Bank of India (RBI) has announced a series of regulatory and developmental measures.
RBI is preparing to announce the appointment of Manoranjan Mishra as its new Executive Director.
RBI has imposed a monetary penalty of ₹3.95 crore on Kotak Mahindra Bank Limited for non-compliance with various RBI directions.
The Reserve Bank of India (RBI) has fined Paytm Payments Bank Limited ₹5.39 Crore.
RBI has directed the Bank of Baroda to suspend any further onboarding of customers onto the ‘bob World’ mobile application. The directive is based on supervisory concerns observed in the onboarding process.
Showing 15 of 567,440 articles