RBI penalties News

HDFC Bank and Shriram Finance Face RBI Penalties Over Regulatory Non-Compliance

The RBI has fined HDFC Bank and Shriram Finance for regulatory non-compliance. HDFC Bank's penalty is for foreign investment norm violations, while Shriram Finance's is for digital...

RBI Slaps Heavy Penalties on ICICI Bank, Bank of Baroda, and Others for Regulatory Non-Compliance

The Reserve Bank of India has imposed penalties on ICICI Bank, Bank of Baroda, and two other lenders for failing to comply with regulatory directives, emphasizing the importance of...