RBI imposes penalty on Bank of India, Bandhan Bank
Wednesday, 13 March 2024 The RBI has imposed penalties on Bank of India, Bandhan Bank, and Indostar Capital Finance Ltd for non-compliance with regulatory norms. Bank of India was fined for violating directions on interest rates, customer service, and Credit Information Companies Rules, 2006. Bandhan Bank and Indostar Capital Finance Ltd were penalized for non-compliance with certain directions.
RBI's action against Paytm and Kotak Mahindra Bank for non-compliance raised concerns. Kotak Mahindra's failure to meet data storage requirements led to RBI directives. Similar actions were taken..
This is the moment a woman wheeled a corpse into a bank and allegedly tried to get him to 'sign off' a loan in her name while holding his head up in front of suspicious staff. Video..
India's Central Bank RBI announced a framework for facilitating small value digital payments in offline mode that will bring rural India to the mainstream digital economy. Watch to find out..
Wednesday, 13 March 2024
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![Brazilian woman wheels dead uncle into a bank and tries to get him to 'sign off' a loan in her name [Video]](https://video.newsserve.net/300/v/20240418/1713476861-Brazilian-woman-wheels-dead-uncle-into-bank.jpg)
![Broadening Digital Payments Adoption with Offline Payments [Video]](https://video.newsserve.net/300/v/20240412/1712909194-Broadening-Digital-Payments-Adoption-with-Offline-Payments.jpg)
