The Reserve Bank Of India (RBI) has fined four P2P platforms a cumulative sum of more than Rs. 75 lakh for violating its ...

Peer-to-peer lending is a form of direct lending of money to individuals or businesses without an official financial ...

The Reserve Bank of India ( RBI) announced on Friday that it has imposed a total penalty of Rs 76.6 lakh on four non-banking ...

The Reserve Bank of India (RBI) has levied penalties totaling Rs 66.6 lakh on HSBC and Rs 33.1 lakh on IIFL Samasta Finance ...

The Reserve Bank of India has imposed a Rs 1 lakh penalty on Magadh Central Co-operative Bank for failing to comply with KYC ...

The Reserve Bank of India (RBI) has imposed a penalty of Rs 66.6 lakh on The Hongkong and Shanghai Banking Corporation for ...

NEW DELHI: The Reserve Bank of India (RBI) has imposed a fine worth Rs 46.7 lakhs on three firms for non compliance with certain provisions of directives issued by the Reserve Bank of India.

India’s banking regulator RBI imposed ₹76.6 lakh penalty on four NBFCs over non-compliance issues in its peer-to-peer lending platform on March 7.

The Reserve Bank of India has imposed a ₹66.6 lakh penalty on HSBC for non-compliance with KYC norms and other directions.