WebSep 5, 2024 · RBI imposes fine on 8 urban co-operative banks for breach of various norms. The Reserve Bank has imposed penalties on five cooperative banks, including Rs 25 lakh on The Karnataka State Co-operative Apex Bank, Bengaluru, for deficiencies in regulatory compliance. The penalty on The Karnataka State Co-operative Apex Bank Ltd has been … WebJul 28, 2024 · The Reserve Bank of India (RBI) on Tuesday said it has imposed a penalty of Rs 5 crore on Axis Bank for contravention of certain provisions of directions issued by the …
RBI Loans: RBI to stop banks from capitalising penal charges on …
WebMar 5, 2024 · Mumbai, March 5. The Reserve Bank on Monday said it has imposed a penalty of Rs 3 crore on Axis Bank for violation of NPA classification norms, and Rs 2 crore on Indian Overseas Bank for not ... WebApr 8, 2024 · The RBI has penalised Axis Bank for violation of certain directions issued by the central bank regarding banking services such as loans, levy of penal charges on non … greenland home fashions shower curtains
RBI imposes ₹ 5 cr penalty on Axis Bank for contravention of
WebSep 1, 2024 · The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹25 lakh on Axis Bank Ltd. for contravention of/non-compliance with certain provisions of directions issued by it which are ... WebJul 8, 2024 · The RBI conducted the Inspection for Supervisory Evaluation (ISE) with reference to the bank's financial position as on March 31, 2024, and an examination of the risk assessment report and scrutiny report, wherein it was found that 'the bank failed to ensure that no incentive (cash or non-cash) was paid to its staff engaged in insurance … WebJul 28, 2024 · AA. MUMBAI: The Reserve Bank of India (RBI) on Tuesday said it has imposed a penalty of Rs 5 crore on Axis Bank for contravention of certain provisions of directions … greenland home fashions thalia quilt set