WebApr 10, 2024 · RBI conducted scrutiny of the Indian Bank in July 2024 based on a high-value fraud reported by the bank. A penalty of Rs 10.50 lakh has been imposed on Muthoot Money Limited, Ernakulam. Penalty of Rs 10.50 lakh has been imposed for non-compliance with provisions of the ‘Monitoring of Frauds in NBFCs (Reserve Bank) Directions, 2016’. Web1 hour ago · PTI. Washington, April 14. India’s financial system remains “completely” insulated from the recent developments in the US and Switzerland, RBI Governor Shaktikanta Das said, asserting that ...
RBI, UAE central bank sign pact to enhance cooperation
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List of governors of the Reserve Bank of India - Wikipedia
WebMay 18, 2024 · various aspects of banking. One such important guidance given by RBI is in case of Frauds in Banks. The Master Directions on Frauds dated. 1st July 2016 (updated as on July 03, 2024) are issued to provide a framework regarding detection and timely reporting of frauds by banks to the regulator. It also WebApr 24, 2024 · However, for ease of the investor, the OVD shall be deemed to be seen and verified with the original, where the investor through the eSign mechanism provides the OVD as a clear photograph/ scanned copy of the original or provides the same as digitally signed document issued to the DigiLocker by the issuing authority. WebJul 6, 2024 · The Reserve Bank of India (RBI) recently released a consultative document on revised framework for the regulation of microfinance loans. The document released by the central bank proposes to protect microfinance from over-indebtedness, bringing down interest rates through competitive forces, and empower borrowers to make informed … ebay vero item list