RBI approves the voluntary amalgamation of The Rajapur Sahakari Bank Ltd., Mumbai (Maharashtra) with The Malad Sahakari Bank Ltd., Mumbai (Maharashtra)
(355 kb) Date : Sep 20, 2024 RBI approves the voluntary amalgamation of The Rajapur Sahakari Bank Ltd., Mumbai (Maharashtra) with The Malad Sahakari Bank Ltd., Mumbai (Maharashtra) The Reserve Bank of India has sanctioned the Scheme of Amalgamation of The Rajapur Sahakari Bank Ltd., Mumbai, Maharashtra with The Malad Sahakari Bank Ltd., Mumbai, Maharashtra.
RBI imposes monetary penalty on Muthoot Vehicle & Asset Finance Limited
(406 kb) Date : Sep 13, 2024 RBI imposes monetary penalty on Muthoot Vehicle & Asset Finance Limited The Reserve Bank of India (RBI) has, by an order dated September 11, 2024, imposed a monetary penalty of ₹7,90,000/- (Rupees Seven lakh ninety thousand only) on Muthoot Vehicle & Asset Finance Limited (the company) for non-compliance
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Rajapur Sahakari Bank Limited, Mumbai – Extension of period
(326 kb) Date : Sep 13, 2024 Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Rajapur Sahakari Bank Limited, Mumbai – Extension of period The Reserve Bank of India, vide directive CO.DOS.SED.No.S1917/12.22.212/2023-24 dated June 13, 2023, had placed The Rajapur Sahakari Bank Ltd, Mumbai under Directions for
RBI imposes monetary penalty on SMFG India Credit Company Limited
(384 kb) Date : Sep 13, 2024 RBI imposes monetary penalty on SMFG India Credit Company Limited The Reserve Bank of India (RBI) has, by an order dated September 4, 2024, imposed a monetary penalty of ₹23,10,000/- (Rupees Twenty three lakh ten thousand only) on SMFG India Credit Company Limited (formerly known as Fullerton lndia
