Reserve Bank of India

Photo: The Economic Times

RBI Imposes Fines On 5 Cooperative Banks For Irregularities

The Reserve Bank of India has imposed penalties on five cooperative banks, on September 5. The penalty of Rs 25 lakh has been imposed on The Karnataka State Co-operative Apex Bank, Rs 15 lakhs on Thane Bharat Sahakari Bank Limited, Rs 5 Lakh Rani Laxmibai Urban Co-operative Bank, Jhansi, Rs 2 lakh on Nicholson Co-operative Town Bank and Rs  Urban Co-operative Bank, Rourkela, for irregularities and other illegality,.

Tue, 06 Sep 2022 - 11:02 AM / by Varsha Joshi

Tags: Irregularities, Cooperative Bank, RBI, penalty, business

SEBI

Photo: Business Standard

SEBI Imposes Fine Of Rs 3 Lakh On BSE Amid Irregularities

The market regulator Securities and Exchange Board of India (SEBI) has imposed a fine of Rs 3 lakh on BSE for engaging in activities unrelated to a stock exchange. “This is to inform that pursuant to Regulation 30 read with Schedule Ill of SEBI Regulations, 2015, we intimate that SEBI has passed an order, imposing a penalty of Rs. 3 lakhs on BSE Limited." said SEBI in a statement.

Mon, 01 Aug 2022 - 06:38 PM / by Varsha Joshi

Tags: SEBI, BSE, penalty, Irregularities, Indian government

Courtesy: Business Today

Blood Bank Sealed

Photo: Fresherslive

Blood Bank Sealed Over 'Irregularities': Gurugram

Haryana's Food and Drug Administration Department sealed a private blood bank over "irregularities", in Gurugram's sector 56 on April 30. The department then filed a complaint in the jurisdictional police station, where an FIR has been filed against a doctor and an executive director of the blood bank. Reportedly, the raid was conducted after receiving inputs about "illegal activities" in the blood bank. Further details are awaited.

Sun, 01 May 2022 - 11:27 AM / by Shibu Immanuel S

Tags: Blood Bank, Irregularities, Gurugram, FDA