RBI fines HSBC over FEMA violations

Wednesday, 29 May 2024

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IndusInd Bank CEO resigns taking blame for accounting irregularities after RBI flags lapses, says 'I undertake moral..'

IndusInd Bank CEO Sumant Kathpalia and Deputy CEO Arun Khurana resigned after an internal derivatives accounting lapse, prompting RBI intervention and raising..
DNA 15 hours ago

RBI launches G-Secs app to woo retail investors

RBI launched a mobile app, RBI Retail Direct, by Clearing Corporation of India, allowing retail investors to buy and sell govt securities. The app facilitates...
IndiaTimes on May 28, 2024

Explained: How RBI managed to give the highest ever Rs 2.1 lakh crore dividend payout to government

The Reserve Bank of India (RBI) announced a record dividend payout of over Rs 2.1 lakh crore to the government in FY24. The payout, announced on Wednesday...
IndiaTimes on May 23, 2024 Also reported by •Mondaq

RBI new loan rules: Is your bank overcharging you on interest? 4 ways in which customers may be paying extra

RBI uncovers unfair loan interest practices, orders refunds, and KFS implementation by October 1, 2024 for transparent loan terms and fair borrower treatment.
IndiaTimes on May 2, 2024