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NBFC Compliance
RBI imposes monetary penalty on Saibaba Nagari Sahakari Bank.
This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.
Jul 32 min read
RBI imposes monetary penalty on Fino Payments Bank Limited
RBI imposes monetary penalty on Fino Payments Bank Limited
Jun 301 min read
RBI Imposes Monetary Penalty on 4 Co-operative Banks
RBI Imposes Monetary Penalty on 4 Co-operative Banks
Jun 304 min read
RBI Approves Amalgamation of 2 Gujrat based Banks
RBI has sanctioned the Scheme of Amalgamation of The Dhinoj Nagrik Sahakari Bank Ltd., Dhinoj, Gujarat with Akhand Anand Co-operative Bank Ltd., Surat, Gujarat.
Jun 141 min read
RBI imposes monetary penalty on Khush Housing Finance Pvt Ltd
The Reserve Bank of India (RBI) has, by an order dated May 19, 2025, imposed a monetary penalty of ₹16,000 (Rupees Sixteen Thousand only) on Khush Housing Finance Private Limited, Mumbai, Maharashtra (the company) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’.
Jun 51 min read
RBI imposes monetary penalty on The Jammu and Kashmir State Co-op Bank Ltd
Date: Jun 03, 2025. Srinagar The Reserve Bank of India (RBI) has, by an order dated May 30, 2025, imposed a monetary penalty of ₹2 lakh...
Jun 51 min read
RBI imposes monetary penalty on India Home Loan Ltd.
The Reserve Bank of India (RBI) has, by an order dated May 27, 2025, imposed a monetary penalty of ₹32,000 (Rupees Thirty Two Thousand only) on India Home Loan Ltd.,
Jun 51 min read
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