Conference for the Directors on the Boards of Small Finance Banks (SFBs) held at Bengaluru on September 27, 2024

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(178 kb) Date : Sep 27, 2024 Conference for the Directors on the Boards of Small Finance Banks (SFBs) held at Bengaluru on September 27, 2024 The Reserve Bank today held a Conference in Bengaluru for the Directors on the Boards of Small Finance Banks (SFBs). Shri Swaminathan J, Deputy Governor inaugurated the Conference. The

Continue ReadingConference for the Directors on the Boards of Small Finance Banks (SFBs) held at Bengaluru on September 27, 2024

Directions under Section 35A read with section 56 of the Banking Regulation Act, 1949 (as applicable to Co-operative Societies) – Shree Mahalaxmi Urban Co-operative Credit Bank Ltd., Gokak (Karnataka)

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(358 kb) Date : Sep 27, 2024 Directions under Section 35A read with section 56 of the Banking Regulation Act, 1949 (as applicable to Co-operative Societies) - Shree Mahalaxmi Urban Co-operative Credit Bank Ltd., Gokak (Karnataka) It is hereby notified for information of the public that in exercise of powers vested in it under sub

Continue ReadingDirections under Section 35A read with section 56 of the Banking Regulation Act, 1949 (as applicable to Co-operative Societies) – Shree Mahalaxmi Urban Co-operative Credit Bank Ltd., Gokak (Karnataka)

RBI imposes monetary penalty on The Surat People’s Co-operative Bank Limited, Surat

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(361 kb) Date : Sep 26, 2024 RBI imposes monetary penalty on The Surat People’s Co-operative Bank Limited, Surat The Reserve Bank of India (RBI) has, by an order dated September 23, 2024, imposed a monetary penalty of ₹61.60 lakh (Rupees Sixty one lakh and sixty thousand only) on The Surat People’s Co-operative Bank Limited

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Unified Distilled File Formats (UDiFF): SEBI promotes standardised reporting; savings of over Rs. 200 crore over 5 years, 90% reduction in reporting requirements for Brokers/ Members, lower cost of entry for new Fintechs

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PR No.: 24/2024

Continue ReadingUnified Distilled File Formats (UDiFF): SEBI promotes standardised reporting; savings of over Rs. 200 crore over 5 years, 90% reduction in reporting requirements for Brokers/ Members, lower cost of entry for new Fintechs