WebThe Governor also highlighted the need for augmenting the existing computing infrastructure of the RBI supported by cutting-edge facilities for research and capacity building. It will cater to the emerging requirements of the RBI and the financial sector. 2. RBI imposes Rs 30 lakh penalty on Karur Vysya Bank Note: WebOct 20, 2024 · October 20, 2024 / 06:58 PM IST. The Reserve Bank of India (RBI) on October 20 said it has imposed a monetary penalty of Rs one crore on Paytm Payments Bank Limited (PPBL) for certain violations ...

RBI imposes penalty on eight banks, levies - mint

WebAug 8, 2024 · RBI imposes penalty on eight banks, levies ₹ 2.33 cr fine on one NBFC 4 min read. Updated: 08 Aug 2024, 10:37 PM IST Livemint Premium The penalty ranged from ₹ 1 lakh to ₹ 40 lakh on these ... WebMar 17, 2024 · SBI: RBI slapped a monetary penalty of Rs 2 crore on State Bank of India based on deficiencies in regulatory compliance. “The action is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers” the central bank said. in body fitness

RBI slaps Rs 7 crore penalty on SBI for violating various norms

WebOct 19, 2024 · The penalty was imposed because SBI was found non-compliance with the rules mentioned in ‘RBI in terms of Frauds classification and reporting by commercial … WebMar 17, 2024 · The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹2 crore on State Bank of India (SBI) for contravention of certain provisions of Section 10 of the … WebJul 7, 2024 · RBI concluded that it warranted imposition monetary penalty on aforementioned fourteen banks," RBI chief general manager Yogesh Dayal said in a … in body log in