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The Reserve Bank of India (RBI) has levied penalties on several cooperative banks for various non-compliance issues. Nashik-based Janalaxmi Cooperative Bank has been fined Rs 59.90 lakh for failing to form a board of management within the extended timeline set by the RBI, extending credit facilities beyond prescribed limits to nominal members, and offering term deposits at higher interest rates than State Bank of India. ....
A 24-year-old woman gave birth to a baby girl on the Mumbai-Varanasi Kamayani Express in Madhya Pradesh. With the help of fellow passengers, the succe ....
The Nashik Municipal Corporation (NMC) has issued notices to over 10,000 property tax defaulters who collectively owe over Rs 40 crore. The civic body has given the defaulters a 15-day window to clear their dues, failing to which action to confiscate the properties will be initiated. ....