Posted inBlogging
RBI Imposes ₹38.60 Lakh Penalty on UCO Bank – What Went Wrong?
The RBI penalty on UCO Bank has become a major regulatory development in February 2026. The Reserve Bank of India imposed a monetary penalty of ₹38.60 lakh on UCO Bank…
Posted inBlogging
Why RBI Imposed Monetary Penalties on CSB Bank, Bank of Maharashtra, DCB Bank, IIFL Finance & Navi Finserv
The Reserve Bank of India (RBI) has taken strict action again. This time, it imposed monetary penalties on five financial institutions: CSB Bank Bank of Maharashtra DCB Bank IIFL Finance…
Posted inRBI Announcements
RBI Cancels Registration of 15 NBFCs in February 2026, Including Tata Motors Finance – Full List & What It Means
The Reserve Bank of India (RBI) has cancelled the registration of 15 NBFCs in February 2026. This list includes Tata Motors Finance Limited. Because of the Tata name, the news…
Posted inBlogging
RBI Gives Green Signal to Japan’s SMBC for Major India Expansion – Here’s What It Means
In a major boost to foreign banking in India, the Reserve Bank of India (RBI) has granted in-principle approval to Sumitomo Mitsui Banking Corporation (SMBC) of Japan to establish a…
Posted inBlogging
RBI Imposes ₹1.11 Crore Penalty on J&K Bank, Two NBFCs and One HFC: Here’s What Happened
The Reserve Bank of India (RBI) has once again tightened its regulatory grip by imposing a total monetary penalty of ₹1.11 crore on Jammu & Kashmir Bank, two NBFCs, and…
Posted inBlogging
RBI Fines HDFC Bank ₹91 Lakh: What It Means for Customers
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹91 lakh on HDFC Bank for regulatory non-compliance. Announced on November 28, 2025, this action stems from internal…
Posted inFraud & Security Alerts
Why Did RBI Penalize PhonePe with ₹21 Lakh? The Hidden Compliance Lapse Revealed
On September 10, 2025, the Reserve Bank of India (RBI) imposed a fine of ₹21 lakh on PhonePe Limited. This news caught a lot of attention since PhonePe is one…
Posted inRBI Announcements
How RBI’s New Cheque Clearing Rules Will Change Banking for Everyone
India’s banking system is about to get a whole lot faster and friendlier for anyone who still uses cheques. Starting October 4, 2025, the Reserve Bank of India (RBI) will…
Posted inDaily News
RBI Imposes ₹29.60 Lakh Penalty on Fino Payments Bank for Regulatory Breach
The Reserve Bank of India (RBI) has imposed a financial penalty of ₹29.60 lakh (Rupees Twenty-Nine Lakh Sixty Thousand only) on Fino Payments Bank Limited. This penalty comes in response…
Posted inDaily News
RBI Penalizes Financial Institutions for Regulatory Non-Compliance: Latest Penalties and Reasons
The Reserve Bank of India (RBI) has recently imposed monetary penalties on various financial institutions for failing to meet regulatory requirements. These actions highlight the RBI's ongoing commitment to ensuring…