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Odisha Gramya Bank fined with Rs 1,50 000 by RBI

RBI has imposed a monetary penalty of Rs 1,50,000 on Odisha Gramya Bank for non-compliance with the

Odisha gramya bankPrudential normsAsset classificationExposure limitRegional rural banksIncome recognitionProvisioning normsNon performing assetsCo op news snippets

Capacity crisis: Alarming number of acting deputy principals in KZN schools

Capacity crisis: Alarming number of acting deputy principals in KZN schools
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South africaKwazulu natalEastern capeMbali frazerKing cetshwayoProvisioning norms

Some 1600 acting, deputy principles in KZN

There are some 1639 acting principals and deputy principals in KZN schools.

Kwazulu natalSouth africaKing cetshwayoImraan keekaMuzi mahlambiEducation dr imraan keekaProvisioning normsDemocratic allianceKzn education

RBI imposes penalty on Mizoram Rural Bank, Tripura Gramin 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

Tripura gramin bankMizoram rural bankPrudential normsAsset classificationExposure limitRegional rural banksProvisioning normsPerforming assetsReserve bankIncome recognitionPersonal hearingMonetary penaltiesIrac norms

RBI slaps penalty on two UCBs of Gujarat

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

Shree chhani nagrik sahakari bankBank ltdJamanagar people cooperative bankReserve bankJamanagar peopleCooperative bankShree chhani nagrik sahakariRupees four lakhShree chhani nagrik sahakari bank limitedUrban co operative banksPrudential norms income recognitionAsset classificationRupees one lakhCo operative bank ltdIncome recognitionProvisioning norms

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