You Searched For "non compliance with RBI directions" and got 20 results
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2 mins read
Kotak Mahindra Bank shares tank 13%; mcap erodes by ₹37,721 crore post RBI action
At the NSE, it tumbled 13 per cent to the 52-week low of Rs 1,602. The company's market ca…
PTI
3 mins read
Markets extend gains for 5th session; Sensex revisits 74k
Rising for the fifth straight session, equity benchmark Sensex rallied nearly 500 points to reclaim…
PTI
1 min read
Markets decline in early trade; Kotak Mahindra Bank tanks over 12%
Cracking down on repeated non-compliance of IT norms, the RBI on Wednesday barred Kotak Mahin…
PTI
1 min read
RBI bars Kotak Mahindra Bank from onboarding new customers via online, issuing fresh credit cards
"Serious deficiencies and non-compliances were observed in the areas of IT inventory management…
PTI
4 mins read
A case for investing in Government securities
Government securities, commonly known as G-secs, are debt instruments issued by the Government of I…
3 mins read
With food inflation looming large, ‘shallow rate’ cuts expected only in Q3 FY25
The ongoing heatwave conditions, and projections of a harsher summer, are likely to impact India’s …
1 min read
DGCA fines Air India ₹30 lakh after elderly passenger's death at Mumbai airport
Aviation watchdog Directorate General of Civil Aviation (DGCA) has imposed a penalty of Rs 30 lakh …
2 mins read
Action against Paytm bank was in customers' interest: RBI
Reserve Bank of India Governor Shaktikanta Das said on Thursday that all its actions, including cer…
ANI
1 min read
RBI imposes penalties on nine cooperative banks for violating compliances
Those banks are The Berhampur Cooperative Urban Bank, The Kendrapara Urban Co-operative Bank , The …
ANI
1 min read
JM Financial shares tank over 19%, mcap declines by ₹1,484 crore
Shares of JM Financial on Wednesday tanked over 19 per cent after the Reserve Bank imposed restric…
PTI
2 mins read
Paytm shares jump 5%, hit upper circuit limit
Shares of One97 Communications Ltd, which owns and operates Paytm, on Friday, jumped 5 per cent af…
PTI
1 min read
Paytm shares fall 5% to hit lower circuit limit
Shares of One97 Communications Ltd, the owner of the Paytm brand, fell 5 per cent to hit a lower ci…
PTI
1 min read
RBI asks card network to restrain unauthorised commercial payment system
The Reserve Bank of India on Thursday restrained a card network, that had an arrangement to enable …
ANI
2 mins read
RBI rules out review of action against Paytm Payments Bank
Reserve Bank of India Governor Shaktikanta Das on Monday ruled out any review of the central bank's…
PTI
1 min read
RBI gives 15 more days till March 15 to Paytm Payments Bank to stop transactions
The RBI on Friday gave 15 days more till March 15, 2024 to Paytm Payments Bank Ltd (PPBL) to stop d…
PTI
2 mins read
Paytm shares tank 10% to extend losses for second day
Shares of Paytm's parent company One97 Communications tanked 10 per cent on Wednesday after reports…
PTI
2 mins read
RBI approves IDFC-IDFC First Bank merger
Reserve Bank of India has given its nod for the reverse merger of IDFC Ltd with its banking subsidi…
PTI
1 min read
HDFC gets RBI nod to acquire 9.5% stake in IndusInd Bank
The Reserve Bank of India (RBI) has approved HDFC Bank's proposal to acquire an up to 9.5 per cent …
4 mins read
Vijay Shekhar Sharma: The controversies of the architect of fintech
Vijay Shekhar Sharma, one of the most recognised faces of India's fintech industry, has seen a fai…
PTI
2 mins read
Real estate investment trust pitch for direct bank lending, classification as equity
Indian Real Estate Investment Trust (REIT) industry on Wednesday pitched for the entities to get a…