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India’s central bank imposes ₹1 crore penalty on the country’s biggest lender
The RBI said that “a scrutiny was carried out” in one of the customer accounts. The central bank…
Indian banks get a six-month breather to comply with RBI's new framework for auto-debit payments
The Reserve Bank of India (RBI) has extended the deadline for banks in India to comply with its new…
Prashant Bhushan files fresh plea in Supreme Court seeking review contempt case punishment
Bhushan, who has already deposited Re 1 as fine with the apex court's registry on September 14, has…
PTI
Sebi fines Muthoottu Mini Financiers for misleading advertisements
"Using the names of the regulators tends to impart a sense of security amongst the investors and th…
PTI
RBI decides to fine tune gold monetisation scheme after lukewarm response
Till November 18, the gold monetisation scheme had garnered 400 grams of physical gold. The country…
Lending from CRR buffer to get 5-yr exemption: RBI
At the sixth bimonthly monetary policy on February 6, the RBI had said, "Banks can deduct the equi…
PTI
RBI to infuse Rs 1 lakh crore through term repo auction
"The Reserve Bank is monitoring the evolving financial market conditions. The Reserve Bank will ca…
PTI
Delhi High Court dismisses actor Juhi Chawla's plea against 5G implementation in India, slaps ₹20 lakh fine
The Delhi High Court on Friday dismissed the lawsuit filed by actor-environmentalist Juhi Chawla ag…
A Mets player got hit in the face by a 94mph pitch to force in a key run, then celebrated his RBI from the hospital
Mets outfielder Kevin Pillar was hit in the face with the bases loaded on Monday night, in a harrow…
Jackson Thompson
Delhi govt to hike fines to ₹2,000 for not wearing masks, reserves 80% of ICU beds for COVID-19 patients
Private hospitals have also been directed to increase the percentage of non-ICU COVID-19 beds …
PTI
PNB fraud: Sebi imposes Rs 5-cr fine on Mehul Choksi, others
Highlighting Choksi's and Sheth's responsibility in making disclosures, Sebi said "instead of fulf…
PTI
Leading private banks won't support auto-debit payments from April 1 because they need more time to comply with RBI's new mandate
Your automatic recurring payments may not go through starting today. This is because banks aren’t r…
Yes Bank is denying reports that its new CEO Ravneet Gill is getting rid of its top brass.
Yes Bank is denying reports that its new CEO Ravneet Gill is getting rid of its top brass. A Mint…
Yes Bank's 15-month journey from regulatory crackdown to finding a new CEO
Gill’s appointment caps a tumultuous period for Yes Bank, following a clampdown by India’s c…
RBI likely to hold interest rates, thanks to excess liquidity
The excess liquidity has resulted in the growth being at its slowest pace in two years, inflat…
Holding banned notes? Get ready to pay Rs 10,000
With the law coming into force, possession of more than 10 pieces of the old notes by individuals a…
Urjit Patel writes to employees, asks them to protect RBI’s reputation
Post-note ban announcement, the RBI in general and Patel in particular, were also criticised by Opp…
You won't be jailed, but 'heavily penalised' for holding demonetised notes after March 31
The government order stated that penalty for holding scraped notes in excess of 10 notes may attrac…
Possessing old Rs 500 and Rs 1,000 notes after March 31 will land you in jail
The penalty for holding old currency in excess of 10 notes may include financial fines and a jail t…
RBI may have wanted her out of Axis Bank but Starbucks partner Tata Global Beverages is among four companies which brought Shikha Sharma on-board
Yet, Sharma has many high-profile friends in the system. She had worked with Kalpana Mo…