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RBI mulls new penalty framework for banks: Report

Additionally, the review may explore claw back of payouts to CEOs and key management personnel (KMP) ....

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RBI slaps fines on 3 Gujarat banks for breach of norms

RBI slaps fines on 3 Gujarat banks for breach of norms
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RBI slaps fines on 3 Gujarat banks for breach of norms

The Reserve Bank of India (RBI) has imposed monetary penalties on three banks in Gujarat for violation of the central bank's lending norms, according to an official statement issued on Monday.A penalty of Rs 4 lakh was imposed on Shree Lodra . ....

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RBI imposes monetary penalty on four co-operative banks, one NBFC. Details here

The Reserve Bank has imposed monetary penalties on four co-operative banks. The co-operative banks are: Shree Lodra Nagarik Sahakari Bank Ltd, Malpur Nagarik Sahakari Bank Ltd, Jolarpet Co-operative Urban Bank Ltd and Limbasi Urban Co-operative Bank ....

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