RBI imposes penalties on two co-operative banks for regulatory violations

RBI imposes penalties on two co-operative banks for regulatory violations

Follow Us on Google News Mumbai, June 30 (IANS) The Reserve Bank of India (RBI) on Monday imposed monetary penalties on two co-operative banks for failing to comply with its regulatory directions. In an order dated June 26, the RBI imposed a penalty of Rs 14.30 lakh on Shree Kadi Nagarik Sahakari Bank Limited, based … Read more

Regulatory frameworks must build trust in our systems: FM Sitharaman

Follow Us on Google News Kolkata, May 1 (IANS) The regulatory frameworks must not only safeguard good governance but also enable enterprises, encourage formalisation and build trust in our systems, Union Finance Minister said on Thursday. FM Sitharaman, who inaugurated the ‘Corporate Bhavan’ in New Town, Kolkata, said that the first ever ‘Prime Minister Internship … Read more

No special treatment from govt or any regulatory authority: LIC on USTR remark

Follow Us on Google News New Delhi, April 4 (IANS) The Life Insurance Corporation of India (LIC) on Friday said it receives no special treatment from the government or any regulatory authority, after a United States Trade Representative (USTR) report claimed that LIC is being given favourable treatment by the Centre. The nation’s largest insurer … Read more

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