Read all Latest Updates on and about RBI

Top

Begin typing your search above and press return to search.

Home
»
RBI

RBI imposes Monetary Penalty on ICICI Bank

Taxscan Team

The Reserve Bank of India (RBI) has imposed through an order dated March 26, 2018, a monetary penalty of ₹589 million on ICICI Bank Limited (the bank)...

RBI Notifies Due Dates for Filing Returns by NBFCs [Read Notification]

RBI stops Practice of Issuing Letters of Undertaking and Letters of Comfort for Trade Credits [Read...

IBBI India signs a Memorandum of Understanding with RBI for Sharing of Information

RBI imposes Monetary Penalty on Airtel Payments Bank Limited

ICAI Updates Actions taken on PNB Fraud

The Institute of Chartered Accountants of India ( ICAI ) is a statutory body set up by the Parliament of India by enacting the Chartered Accountants Act, 1949 for regulating the profession of...

ICAI Issues Advisory regarding Allocation of Work among the Joint Auditors in case of Bank Audits

Amidst of all the controversies following PNB Scam, the Institute of Chartered Accountants of India ( ICAI ) has issued an advisory regarding Allocation of Work among the Joint Auditors in case of...

RBI imposes Penalty of Rs. 30 Million on Axis Bank for violation of NPA Norms

The Reserve Bank of India (RBI) has imposed, on February 27, 2018, a monetary penalty of 30 million on Axis Bank Limited (the bank) for non-compliance with the directions issued by RBI on Income...

RBI Notifies Levy of Penal Interest on Banks for Delayed Reporting of Transactions [Read Notification]

The Reserve Bank of India ( RBI ), on Friday, issued a notification regarding levy of penal interest on the Banks for delayed reporting of transactions. Presently, penal interest is levied for all...

RBI reiterates Legal Tender Status of 10 coins of different Designs

The Reserve Bank of India (RBI) has reiterated Legal Tender status of 10 coins of different designs. It has come to the notice of the Reserve Bank that in certain places there is reluctance on part...

RBI Notifies Interest rates for Small Savings Schemes [Read Notification]

The Reserve Bank of India (RBI), last day, notified the Interest rates applicable for Small Savings Schemes. On 27th December, a circular was issued by the Finance Ministry prescribing the rate of...

Bank’s Statutory Auditor’s Certificate mandatory for Waiver of Charges on Debit Cards/BHIM UPI/AePS transactions up to Rs 2000/- [Read Notification]

The Central Government today notified that in case of waiver of charges on Debit Cards/BHIM UPI/AePS transactions up to Rs 2000/-, it is necessary to submit certificate from Bank’s Statutory Auditor...

Prev Page Next Page