RBI penalises Nainital Bank and Ujjivan SFB for regulatory violations

Show Business and Finance Publications

Fri, February 14, 2025

[ Fri, Feb 14th 2025 ]: KXAN

Lottery Commission, former director accused of defrauding Texans

[ Fri, Feb 14th 2025 ]: LancasterOnline

AHF Products CEO Brian Carson resigns

[ Fri, Feb 14th 2025 ]: Diginomica

Does the SAP Business Data Cloud justify the fanf .. SAP's Business AI and Databricks partnership news

[ Fri, Feb 14th 2025 ]: KBOI

Senator Crapo and 44 others reintroduce bill to abolish federal estate tax

[ Fri, Feb 14th 2025 ]: Newsweek

Map Shows States Most Impacted by 2025 Stores Closures

[ Fri, Feb 14th 2025 ]: Newsweek

List of Federal Agencies That Have Begun Mass Layoffs

[ Fri, Feb 14th 2025 ]: ProPakistani

Cordoba Logistics Secures SECP Permission to Set Up NBFC

[ Fri, Feb 14th 2025 ]: Forbes

Is The Alzheimer's Drug Leqembi Covered By Medicare?

[ Fri, Feb 14th 2025 ]: bnnbloomberg

Storied Peruvian Executive Resurfaces at Canadian Copper Startup

[ Fri, Feb 14th 2025 ]: CNET

Get More Than a Good Meal With Credit Cards That Reward You for Dining Out

[ Fri, Feb 14th 2025 ]: Vanguard

Klak launches cash flow management platform for small businesses

[ Fri, Feb 14th 2025 ]: businessday

10 highest-paying careers with fully remote jobs in 2025

[ Fri, Feb 14th 2025 ]: Forbes

The Evolution Of Small-Business Lending: AI-Driven Underwriting Takes Center Stage In 2025

[ Fri, Feb 14th 2025 ]: AOL

Newman: Trump's biggest economic vulnerability has emerged

[ Fri, Feb 14th 2025 ]: Diginomica

Be my AI Valentine - 4 things businesses will love about AI agents

[ Fri, Feb 14th 2025 ]: cnbctv18

RBI penalises Nainital Bank and Ujjivan SFB for regulatory violations

[ Fri, Feb 14th 2025 ]: Forbes

How Open Finance Is Transforming Banking And Tech

[ Fri, Feb 14th 2025 ]: AOL

Can You Write Off Your Home Insurance on Your Taxes?

[ Fri, Feb 14th 2025 ]: Reuters

Payments group Adyen's shares surge on full-year profit beat

[ Fri, Feb 14th 2025 ]: Moneycontrol

Hindalco sees neutral-to-positive impact on its US business from Trump tariff

[ Fri, Feb 14th 2025 ]: Vanguard

Gov Eno's entrepreneurial development programmes in Akwa Ibom unveiled

[ Fri, Feb 14th 2025 ]: Reuters

UK government pushes antitrust regulator to be 'less risk averse'

[ Fri, Feb 14th 2025 ]: AOL

Cybersecurity firm SailPoint returns to markets as the first major tech IPO of the year

[ Fri, Feb 14th 2025 ]: MSN

Meet Shapoor Mistry: The elder brother of Cyrus M .. Pallonji Group | Career, lifestyle, and net worth

[ Fri, Feb 14th 2025 ]: Reuters

VW, Audi consider keeping combustion engines longer in Europe - Handelsblatt

[ Fri, Feb 14th 2025 ]: MSN

PAN and Aadhaar: What will be the effect of the n .. on your PAN and Aadhaar, know full details here..

[ Fri, Feb 14th 2025 ]: MSN

Oldest Black-owned business in Naples celebrates half a century

[ Fri, Feb 14th 2025 ]: MediaNama

Playing Cat And Mouse With Scammers: How Babu Pooniawalla Took Down Over 8300 Fake Apps

[ Fri, Feb 14th 2025 ]: fingerlakes1

Canandaigua officials talk DRI, major housing project, and public art initiative

[ Fri, Feb 14th 2025 ]: Zawya

SAP debuts business data cloud with Databricks to turbocharge business AI

[ Fri, Feb 14th 2025 ]: Zawya

Qatar, Rwanda: Distinguished relations, bright prospects for economic and trade cooperation

[ Fri, Feb 14th 2025 ]: Zawya

PwC Middle East's 2025 flagship Tax and Legal Sem .. ypt spotlights AI, compliance, and policy changes

[ Fri, Feb 14th 2025 ]: MSN

Wall Street CEOs arrive at Washington to fix crypto debanking at the Hill

Thu, February 13, 2025

[ Thu, Feb 13th 2025 ]: Reuters

US power companies increase data center demand spending as DeepSeek fears wane

[ Thu, Feb 13th 2025 ]: Fortune

Netflix cooked up a new live experience for custo .. ing 'Squid Game' cocktails and a 'Bridgerton' tea

[ Thu, Feb 13th 2025 ]: Reuters

Exclusive: Blackstone seeks $800 million loan to finance New York office purchase, sources say

[ Thu, Feb 13th 2025 ]: Forbes

Crypto, Interest Rates And AI: How To Navigate 2025 Macro Economics

[ Thu, Feb 13th 2025 ]: Reuters

Walmart in Mexico posts 1.4% bump in fourth-quarter profit

[ Thu, Feb 13th 2025 ]: Investopedia

The IRS Is Watching: 5 Red Flags That Could Trigger an Audit

[ Thu, Feb 13th 2025 ]: LancasterOnline

Lampeter-Strasburg School District will see $1.2M surplus this year

[ Thu, Feb 13th 2025 ]: Investopedia

What Is Personal Finance, and Why Is It Important?

[ Thu, Feb 13th 2025 ]: MSN

Sony Raises Earnings Guidance on Strength in Game, Music Businesses

[ Thu, Feb 13th 2025 ]: MSN

Top 10 Attorneys of 2025 - Leading Legal Experts

[ Thu, Feb 13th 2025 ]: MSN

Note to the White House: The U.S. Trade Deficit Is Homegrown

[ Thu, Feb 13th 2025 ]: TheStreet

Black History Month Roundtable: Financial Equity & Racial Equity

[ Thu, Feb 13th 2025 ]: ProPublica

How a Risky State Investment in Seafood Cost Alaskans Millions and Left a Fishing Town in Crisis

[ Thu, Feb 13th 2025 ]: Forbes

Margins Critical To Food-And-Beverage Startups

[ Thu, Feb 13th 2025 ]: Forbes

Don't Mistake Activity For Progress: Lessons For Startups And Beyond

RBI penalises Nainital Bank and Ujjivan SFB for regulatory violations

//business-finance.news-articles.net/content/202 .. k-and-ujjivan-sfb-for-regulatory-violations.html

Published in Business and Finance on Friday, February 14th 2025 at 7:40 GMT by cnbctv18

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

RBI clarified that these penalties were imposed solely for regulatory lapses and do not affect the validity of any transactions between the banks and their customers.

2025-02-14 183 x 110 / 4321 Bytes

The Reserve Bank of India (RBI) has imposed monetary penalties on Nainital Bank and Ujjivan Small Finance Bank for regulatory violations. Nainital Bank was fined Rs 20 lakh for non-compliance with RBI's directives on 'interest rate on advances', 'customer service in banks', and 'interest rate on deposits'. Ujjivan Small Finance Bank received a penalty of Rs 2 lakh for failing to adhere to RBI's guidelines on 'interest rate on advances'. These penalties were issued after the banks were found lacking in their adherence to the regulatory norms during statutory inspections. The actions underscore RBI's commitment to ensuring that financial institutions comply with established regulations to maintain the integrity of the banking system.

Read the Full cnbctv18 Article at:
[ https://www.cnbctv18.com/business/finance/rbi-monetary-penalty-nainital-bank-and-ujjivan-sfb-for-regulatory-violations-19559077.htm ]