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NBFC Compliance
RBI grants ‘In-principle’ Approval to AU Small Finance Bank Ltd for transition into a Universal Bank
The Reserve Bank has decided to grant 'in-principle’ approval to AU Small Finance Bank Limited (AUSFB) for transitioning from a Small Finance Bank (SFB) to a Universal Bank.
Aug 101 min read
RBI imposes monetary penalty on 4 UCBs
RBI imposes monetary penalty on 4 UCBs
Jul 175 min read
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 4 Co-operative Banks
RBI Imposes Monetary Penalty on 4 Co-operative Banks
Jun 304 min read
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