Penalty of ₹97.80 lakh has been imposed on ICICI Bank for non-compliance with certain directions issued by the Reserve Bank ...

UPI transactions are set to become faster, with completion times reduced to as low as 15 seconds. NPCI's mandate aims to cut ...

Reserve Bank of India (RBI) has imposed a penalty of Rs2.52 crore penalty on ICICI Bank Ltd, Axis Bank Ltd, Bank of Maharashtra (BoM), IDBI Bank Ltd and Bank of Baroda (BoM) for non-compliance with ...

The Reserve Bank of India (RBI) has imposed penalties on five major lenders, including ICICI Bank, Bank of Baroda, and Axis ...

ICICI Bank was fined for non compliance on cyber security framework in banks, know your customer (KYC) regulations, and ...

The Reserve Bank of India (RBI) on Friday imposed monetary penalties on five Indian banks for violating regulatory norms.

In a recent development, the Reserve Bank of India (RBI) has announced that minors above the age of 10 will be able to open ...

Mumbai: The Reserve Bank on Friday said it has imposed penalties ... in Banks', 'Know Your Customer (KYC)', and 'Credit Card and Debit Card -- Issuance and Conduct'. In another statement, the ...

In all cases, the RBI said the penalties are based on deficiencies in regulatory compliance and not intended to pronounce ...

The Reserve Bank on Friday said it has imposed penalties on four banks, including ICICI Bank and Bank of Baroda, for ...