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RBI Imposes Rs 1.4 Crore Penalty: On Wednesday, the Reserve Bank of India said that it had fined Bank of India Rs 1.4 crore for failing to comply with specific regulatory requirements. Additionally, it fined private lender Bandhan Bank Rs 29.55 lakh for failing to follow certain guidelines. RBI Imposes Rs 1.4 Crore Penalty on
RBI Imposes Rs 1.4 Crore Penalty on Bank of India for Regulatory Violations
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Paytm Awaits Approval: Government approval is presently awaited by Paytm Payment Services Ltd (PPSL), the company’s payment aggregator subsidiary, for a secondary investment. After the government approved the investment, the Reserve Bank of India (RBI) gave the company 120 days to resubmit its applications. Due to the approval’s delay, an inter-ministerial committee is looking into
Paytm Awaits Approval from the Government to Invest in its Payment Services
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