RBI Slaps a Rs 2.86 Crore Penalty to UCO Bank Â
The UCO Bank said that they have been imposed a Rs 2.68 crore penalty from the Reserve Bank of India for contravention of certain provisions,...
Tag : penalty
DoT Proposed To Remove the Penalty Clause for Interception Violations
Under the proposed draft rules, the Department of Telecommunications (DoT) proposed to drop the penalty clause for telecom entities violating interception norms. On Wednesday, August...
Deadline for ITR Filings in India for AY 2024-25: All you need to know
Yesterday, July 31, 2024, was the last day to file your income tax returns (ITR) for the financial year (FY) 2023-24 and Assessment year (AY)...
ED Fines Rs 80 Crores on Magma HDI, Sanjay Chamria, Mayank Poddar
The Enforcement Directorate (ED) has fined a penalty of Rs 80 Crores on Magma HDI General Insurance, Sanjay Chamria, and Mayank Poddar due to violation...
India Charged 1 Mn Euro Penalty on MBDA
India has imposed a penalty on MBDA for delaying fulfilling offset commitments in the Rafale aircraft deal signed between India and France to acquire 36...
SEBI Slaps Rs 1.02 Cr Penalty on Aditya Birla Money
On Monday, the Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 1.02 crore on Aditya Birla Money Ltd for the...
Karnataka Bank Fined Rs 1.2 Cr by Reserve Bank of India
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning...
Kotak Mahindra Bank Got Penalized By RBI
The Reserve Bank of India has levied an Rs 2-crore penalty on private lender Kotak Mahindra Bank Ltd. for not meeting the regulator’s bank ownership...
Sebi incarcerates Rs 87.21 Lakh From The Former Indiabulls Director
Sebi said that at the time of the alleged violation, Pia Johnson, non-executive director of Indiabulls Ventures Ltd (IVL), and her husband Mehul Johnson traded...
