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Get latest articles and stories on Latest News at LatestLY. Reserve Bank on Friday imposed a penalty of Rs 2.20 crore on state-owned Indian Overseas Bank (IOB) for non-compliance of income recognition and other deficiencies in regulatory compliance. Latest News | RBI Imposes Rs 2.2-crore Penalty on Indian Overseas Bank.
The RBI said monetary penalties were imposed on Mizoram Rural Bank and Tripura Gramin Bank after they failed to categorize certain loan accounts as non-performing in line with the Income Recognition and Asset Classification (IRAC) norms
Murugappa Group firm Cholamandalam Investment and Finance Company surged nearly 9 percent on May 4 after the company reported higher than expected earnings
Today Seclore the leading provider of datacentric security solutions announced the release of new Digital Asset Classification and Risk Insights capabilities delivering security risk visibility and insights for the most sensitive digital assets within the enterprise such as intellectual property and customer and employee personally identifiable information.
On Monday, the Reserve Bank of India imposed a penalty on two banks located in Gujarat. These are Jamanagar People’s Cooperative Bank and Shree Chhani Nagrik Sahakari Bank. The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 4 lakh (Rupees Four Lakh only) on Shree Chhani Nagrik Sahakari Bank Limited, Vadodara aOn Monday, the Reserve Bank of India imposed a penalty on two banks located in Gujarat. These are