RBI Ka Dhamaka: ₹66.7 Lakh Ki Penalty Bankon Par

Reserve Bank of India ne Bank of Baroda par ₹63.6 lakh ka penalty lagaya hai! Aur GIC Housing Finance ko bhi nahi chhoda, unpar ₹3.1 lakh ka fine! Kya yeh acceptable hai? Kyon ki inhone KYC norms aur Fair Practices Code ka palan nahi kiya! Desh dekh raha hai! Mujhe jawab chahiye! Kya yeh sab kuch theek hai?

Quick rundown

1.RBI penalizes Bank of Baroda for KYC non-compliance.

2.GIC Housing Finance faces penalty for risk review lapses.

3.Bank of Baroda charged higher interest than agreed.

4.GIC Housing Finance lacked a six-month risk review system.

5.Penalties highlight regulatory compliance deficiencies.

RBI Pulls the Plug on 135 NBFCs in a Finance Fiasco
RBI Pulls the Plug on 135 NBFCs in a Finance Fiasco
Hold onto your wallets! The RBI just pulled the plug on 135 non-banking finance companies, mostly from West Bengal. Many are saying goodbye after merging or just quitting the finance game. Companies like Express Fincap and Akshay Fiscal Services are taking a tumble in this wild finance rollercoaster.
04:25 pm on Wednesday, 10 June, 2026
RBI Ki Nayi Baat: NBFCs Ko Insurance Bechne Ki Azaadi
RBI Ki Nayi Baat: NBFCs Ko Insurance Bechne Ki Azaadi
Arre bhai, suno! RBI ne bola hai ki ab NBFCs bina unki permission ke bhi insurance bech sakte hain! Kya baat hai! Lekin yeh sab Irdai ki baatein maan kar karna padega. Banks ko sirf referral karne diya hai, khud bech nahi sakte. Yeh sab rules samajh nahi aate, par chalo, Daya ki tarah dance karte hain aur dekhte hain kya hota hai!
04:40 pm on Monday, 15 June, 2026
RBI Shakes Things Up for NBFCs and HFCs Handing Back CoR
RBI Shakes Things Up for NBFCs and HFCs Handing Back CoR
Hey there! So, the Reserve Bank of India is shaking things up for those non-banking buddies looking to hand back their Certificate of Registration. If you’re an NBFC or HFC saying, 'I’m done with this!'—you gotta hop on the PRAVAAH portal and fill out a new form. But hold your horses! You still gotta play by the rules until they give you the thumbs up!
04:20 pm on Tuesday, 30 June, 2026
RBI Takes Charge, No More Freebies for NBFCs, Believe Me!
RBI Takes Charge, No More Freebies for NBFCs, Believe Me!
Folks, the RBI is making moves like never before! They’re saying, 'If you’re an NBFC with over ₹1 trillion, you better shape up!' No more free passes for government-owned NBFCs—everyone’s in the same boat now! They’ll be watching these big players every year. Tremendous regulations, folks, absolutely necessary!
04:40 pm on Wednesday, 24 June, 2026

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