April 26, 2024 23:47 (IST)
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Supreme Court rejects plea seeking 100 pct votes verification on EVMs, rules out returning to ballot papers | Voting concludes in 88 constituencies with 61% turnout by 5 pm | Justice MB Snehalatha takes oath as additional judge of Kerala High Court | NIA arrests key accused in pro-Khalistani attack on Indian Mission in London | Plea filed in Calcutta HC seeking action against Mamata Banerjee's 'judges purchased' remark
RBI imposes Rs 8.50 lakh penalty on Bajaj Finance

RBI imposes Rs 8.50 lakh penalty on Bajaj Finance

Mumbai: The Reserve Bank of India (RBI) on Friday slapped a fine of Rs 8.50 lakh penalty on Bajaj Finance for violation of the rule pertaining to reporting of frauds.

SEBI revokes Karvy Stock Broking's registration for misusing clients' funds

SEBI revokes Karvy Stock Broking's registration for misusing clients' funds

Mumbai: The Securities and Exchange Board of India (SEBI) on Wednesday said it has cancelled the registration of brokerage firm Karvy Stock Broking Ltd (KSBL) due to its improper use of clients' funds and securities, media reports said.

RBI imposes a monetary penalty of Rs 1 crore on City Union Bank Limited

RBI imposes a monetary penalty of Rs 1 crore on City Union Bank Limited

Mumbai/UNI: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rupees One Crore only on City Union Bank Limited for contravention of/non-compliance with certain provisions of the directions contained in the Reserve Bank of India (Lending to Micro, Small & Medium Enterprises (MSME) Sector) Directions, 2017 and the circulars on educational loan scheme and credit flow to agriculture – agricultural loans – waiver of margin/security requirements.