Reserve Bank of India penalizes Pusad Urban Co-operative Bank Ltd. for non-compliance

Feb 12, 2024

According to a press release, the penalty was levied due to the bank's failure to comply with RBI directives concerning 'Income Recognition, Asset Classification,...

RBI imposes penalty of Rs 1.2 crore on Karnataka Bank for non-compliance of norms

May 28, 2020

New Delhi [India], May 29 : The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank...

Banking sector reforms are paying its dividend to Indian Economy: Nirmala Sitharaman

Oct 04, 2024

Sitharaman said, "The soundness and resilience of India's banking sector have been underpinned by a sustained policy focus on asset quality improvements, enhanced provisioning...

RBI issues final guidelines on project finance; new norms effective from October 1

Jun 19, 2025

The Reserve Bank of India (RBI) on Wednesday issued the final Reserve Bank of India (Project Finance) Directions, 2025 which lays down the comprehensive...

360 ONE Asset Achieves ISO 27001:2022 Certification, Strengthening its Leadership in Information Security

Nov 07, 2025

Mumbai (Maharashtra) [India], November 7: 360 ONE Asset Management Limited and 360 ONE Alternates Asset Management Limited (360 ONE Asset) have successfully achieved the...

MetaSoilVerse Protocol Sets New Standard for Tokenized Assets with Proof of Asset Integrity Framework

Jan 16, 2026

New Delhi [India], January 16: MetaSoilVerse Protocol, a leader in decentralized real-world asset (RWA) infrastructure, today announced the launch of Proof of Asset Integrity...