RBI imposes Rs 4 lakh penalty on Odisha State Co-operative Bank for regulatory non-compliance
BHUBANESWAR: The Reserve Bank of India (RBI) has imposed a Rs 4 lakh penalty on Odisha State Co-operative Bank (OSCB) Ltd for non-compliance with certain provisions of Banking Regulation Act, 1949.
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Bank Holiday: Are Banks Open Or Closed For Budget 2025 Today?
Banks will remain closed for eight days in February, in addition to the second and fourth Saturdays and Sundays. However, banks will remain open on Saturday, February 1. Finance Minister Nirmala ...
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Editor’s Take | From fiscal deficit to debt-to-GDP: Key metric shift anticipated
The Reserve Bank dividend, which contributed ₹2.1 lakh crore in FY25, remains a crucial factor. Estimates for FY26 range from the same amount to slightly lower figures.