Union Minister Pralhad Joshi urges banks to follow RBI guidelines, not make CIBIL rating mandatory for farmers' crop loans.

The Reserve Bank of India has imposed fines on three non-banking financial companies for failing to comply with regulatory ...

The regulator has informed the bank that such a scheme violates existing regulatory guidelines. According to the regulator’s ...

While banks are allowed to provide incentives to certain employees pushing specific products, these should not apply to core ...

The Reserve Bank of India (RBI) has levied a hefty ₹1 crore penalty on HDFC Bank for its recovery agents’ disregard for RBI ...

On September 3, the RBI imposed a fine of ₹10.4 lakh on Hewlett Packard Financial Services (India) Private Limited. This ...

Muthoot Vehicle & Asset Finance was slapped with a Rs 7,90,000 fine for multiple infractions, including failure to disclose ...

The Reserve Bank of India (RBI) has imposed penalties on two of the country’s largest private banks—Axis Bank Ltd and HDFC ...

As per RBI guidelines, recovery agents are required to follow a strict code of conduct when dealing with borrowers – they ...

The Reserve Bank of India has fined three non-banking financial companies for non-compliance with directives. Penalties were ...

The Reserve Bank of India (RBI) has imposed a fine of ₹1 crore on HDFC Bank for violating guidelines concerning the behavior of recovery agents. The central bank's action highlights the need for ...