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Prudential measures like risk weights and loan-to-value adjustments, along with interest rates, will be more effective in repayments of loans. This will also help in housing credit growth and controlling the asset quality of banks' home loan portfolios, it shows.
RBI has imposed a monetary penalty of Rs 1,50,000 on Odisha Gramya Bank for non-compliance with the
The central bank said that the penalties were due to deficiencies in regulatory compliance by the banks.
The Reserve Bank of India imposed monetary penalties on three urban cooperative banks on Thursday. These
The Reserve Bank of India imposed monetary penalties on four urban cooperative banks and issued a fresh