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FIU imposes over Rs. 1.66 crore penalty on Axis Bank

The Financial Intelligence Unit has slapped a fine of more than Rs 1.66 crore on Axis Bank for “failing” to

The Reserve Bank of India (RBI) said it has imposed monetary penalty on four co-operative banks for rule violations. These

The RBI has said that banks cannot impose a penalty for not maintaining minimum balance on accounts that are inoperative

Tax related liabilities on rent are not limited to landlords. Income tax (I-T) laws mandate tax deduction at source (TDS)

The Reserve Bank of India announced penalties on 13 cooperative banks for contravention of various regulatory norms. The penalties range

The Reserve Bank said it has imposed penalty on eight cooperative banks for violation of directions of RBI. A penalty

RBI has imposed monetary penalty of Rs. 1.678 crore on Ola Financial Services Private Ltd for non-compliance with certain provisions

RBI said it has imposed a penalty of Rs 58 lakh on Abhyudaya Co-operative Bank Limited, Mumbai for noncompliance with

The Reserve Bank of India has imposed a penalty on three cooperative banks, including Nagrik Sahakari Bank Maryadit, Raipur, Chhattisgarh,

The Reserve Bank of India (RBI) on January 24 imposed monetary penalties on eight cooperative banks for the violation of