As per the RBI Act's Section 47, after making provision for bad and doubtful debts, depreciation in assets, contributions to ...

The Reserve Bank of India (RBI) has tightened regulations under the Payment and Settlement Systems Act to ensure compliance ...

Reserve Bank of India (RBI) has updated its framework for imposing monetary penalties and compounding offences under the ...

The Reserve Bank of India has increased monetary penalties for violations under the Payment and Settlement Systems Act. The revised framework raises the penalty cap from Rs 5 lakh to Rs 10 lakh or ...

BHUBANESWAR: The Reserve Bank of India (RBI) has imposed a penalty on Odisha State Co-operative Bank (OSCB) Ltd for ...

The Reserve Bank of India has revised penalty norms under the Payment and Settlement Systems Act to enhance enforcement actions against violations.

The Reserve Bank of India is expected to cut its key policy rate on February 7, with another reduction likely next quarter.

The sudden RBI move came a couple of months after Aviom's auditor flagged potential discrepancies in the company's books ...

The Reserve Bank of India (RBI) has issued guidelines permitting cooperative banks to act as merchant acquirers on the ...

RBI has superseded the board of Aviom India Housing Finance. It plans to initiate resolution proceedings under the IBC and ...

The regulatory action comes two months after the lender said that it has received a notice from its statutory auditors, ...

Reserve Bank of India on January 27 said it has superseded the board of directors of Aviom India Housing Finance Private ...