banking regulation act
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Emirates NBD Secures RBI Approval for RBL Bank Investment
New Delhi, April 3 The Reserve Bank of India (RBI) has granted approval to Dubai-based Emirates NBD Bank to acquire up to 74% stake in RBL Bank, paving the way for the bank to become a foreign lender.The approval from the RBI came on April 1, with a validity of one year, RBL Bank said in a...- Himanshu
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- acquisition banking regulation act chapter iv of rbi directions emirates nbd bank fema 1999 financial institutions foreign banks india investment agreement rbl bank regulatory approvals reserve bank of india securities and exchange board of india shareholding subsidiary mode
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- Forum: Business
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SCARD Bank Liquidation Process Underway in J&K
Jammu, April 2 The money of depositors in the Jammu and Kashmir State Cooperative Agriculture and Rural Development Bank is safe, Cooperative Minister Javid Ahmad Dar said on Thursday, noting that the process to appoint a liquidator is underway following an alleged embezzlement of Rs 181 crore...- Himanshu
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- banking regulation act cooperative bank cooperative minister cooperative societies act embezzlement financial distress financial investigation government guarantee jammu and kashmir legislative assembly liquidation registrar of co-operative societies state cooperative agriculture and rural development bank state government
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- Forum: Business
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RBI Imposes Fine Over Compliance Deficiencies at Airtel Payments Bank
RBI Imposes Rs 31.80 Lakh Penalty on Airtel Payments Bank for Disclosure Lapses Action Taken After Supervisory Findings in FY25 Review Mumbai, March 30: The Reserve Bank of India on Monday imposed a monetary penalty of Rs 31.80 lakh on Airtel Payments Bank Limited for non-compliance with...- Himanshu
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- airtel payments bank limited annual financial statements banking regulation act banking sector compliance issues disclosure requirements financial penalties financial statements india monetary penalty rbi rbi directions regulatory compliance reserve bank of india supervisory inspection
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- Forum: Business
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Income Tax Dept. Announces TDS Deductions on Bank Interest
Banking Companies to Deduct TDS Only Above Threshold, Clarifies Income Tax Department Definition Under New Income Tax Act, 2025 Aligned With Banking Regulation Act New Delhi, March 30: The Income Tax Department on Monday clarified that banking companies governed by the Banking Regulation Act... - K
RBI Approves SBI Mutual Fund’s 9.99% Stake Acquisition in Bandhan Bank
Kolkata, February 26: The Reserve Bank of India has approved a proposal by SBI Mutual Fund to acquire an aggregate holding of up to 9.99 per cent in Bandhan Bank, according to a regulatory filing made on Thursday.Bandhan Bank informed the stock exchanges that the central bank, through a...- Karthik
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- bandhan bank banking regulation act equity investments financial regulations foreign exchange management act nse rbi (commercial banks acquisition) regulatory filings reserve bank of india sbi mutual fund securities and exchange board of india shareholding limits stock exchange
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- Forum: Business