Reserve Bank of India

Read more about the article Supervisory Action against ECL Finance Limited and Edelweiss Asset Reconstruction Company Limited based on material supervisory concerns

Supervisory Action against ECL Finance Limited and Edelweiss Asset Reconstruction Company Limited based on material supervisory concerns

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(362 kb) Date : May 29, 2024 Supervisory Action against ECL Finance Limited and Edelweiss Asset Reconstruction Company Limited based on material supervisory concerns The Reserve Bank of India has today, in exercise of its powers under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI) and the Reserve

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Read more about the article Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Ajantha Urban Co-operative Bank Maryadit, Aurangabad, Maharashtra – Extension of Period

Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Ajantha Urban Co-operative Bank Maryadit, Aurangabad, Maharashtra – Extension of Period

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(325 kb) Date : May 27, 2024 Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Ajantha Urban Co-operative Bank Maryadit, Aurangabad, Maharashtra – Extension of Period The Reserve Bank of India had issued Directions to Ajantha Urban Co-operative Bank Maryadit, Aurangabad, Maharashtra under Section 35A read with Section

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Read more about the article RBI imposes monetary penalty on Hero FinCorp Limited

RBI imposes monetary penalty on Hero FinCorp Limited

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(368 kb) Date : May 24, 2024 RBI imposes monetary penalty on Hero FinCorp Limited The Reserve Bank of India (RBI) has, by an order dated May 22, 2024, imposed a monetary penalty of ₹3,10,000/- (Rupees Three Lakh Ten Thousand only) on Hero FinCorp Limited (the company) for non-compliance with certain provisions of the ‘Non-Banking

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Read more about the article Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) – Thodupuzha Urban Co-operative Bank Ltd, Kerala – Extension of period

Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) – Thodupuzha Urban Co-operative Bank Ltd, Kerala – Extension of period

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(450 kb) Date : May 23, 2024 Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) - Thodupuzha Urban Co-operative Bank Ltd, Kerala - Extension of period The Reserve Bank of India issued Directions to Thodupuzha Urban Co-operative Bank Ltd, Kerala under Section 35A read with Section 56 of

Continue ReadingDirections under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) – Thodupuzha Urban Co-operative Bank Ltd, Kerala – Extension of period
Read more about the article RBI imposes monetary penalty on Noida Commercial Co-operative Bank Ltd., Ghaziabad, Uttar Pradesh

RBI imposes monetary penalty on Noida Commercial Co-operative Bank Ltd., Ghaziabad, Uttar Pradesh

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(397 kb) Date : May 21, 2024 RBI imposes monetary penalty on Noida Commercial Co-operative Bank Ltd., Ghaziabad, Uttar Pradesh The Reserve Bank of India (RBI) has, by an order dated May 14, 2024, imposed a monetary penalty of ₹2.50 lakh (Rupees Two Lakh Fifty Thousand only) on Noida Commercial Co-operative Bank Ltd., Ghaziabad, Uttar

Continue ReadingRBI imposes monetary penalty on Noida Commercial Co-operative Bank Ltd., Ghaziabad, Uttar Pradesh