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RBI imposes Rs 1 crore penalty on HDFC Bank

Jan 30, 2020

New Delhi, Jan 30 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs one crore on HDFC Bank for non-compliance of Know Your Customer (KYC) norms. "The penalty has been imposed in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with section 46 (4) (i) of the Banking Regulation Act 1949, taking into account the failure of the bank to adhere to the aforesaid direction issued by RBI," said the central bank in a statement. It had made observations following an on-site inspection for supervisory evaluation of HDFC Bank for the financial year ended March 31, 2017. A scrutiny of 39 current accounts opened by its customers for bidding in initial public offer was conducted. The RBI said HDFC Bank failed to exercise ongoing due diligence in those accounts. "It was observed that the transactions effected in these current accounts were disproportionate to the declared income and profile of the customers." After considering the reply received from the bank and oral submissions made in the personal hearing, RBI came to the conclusion that the charge of non-compliance with the direction was sustained and warranted imposition of monetary penalty.

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SDPI pays tribute to Gandhi, holds protest against Godse

Jan 30, 2020

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Govt focused on getting bills passed, least bothered about social issues: GN Azad after all-party meet

Jan 30, 2020

'Doing our best to combat coronavirus': Harsh Vardhan on 1st positive case in Kerala

'Doing our best to combat coronavirus': Harsh Vardhan on 1st positive case in Kerala

Jan 30, 2020

New Delhi, Jan 30 (ANI): Union Minister of Health & Family Welfare, Dr Harsh Vardhan on Thursday said that Government is doing its best to combat...

SC dismisses curative petition of Nirbhaya convict Akshay

SC dismisses curative petition of Nirbhaya convict Akshay

Jan 30, 2020

New Delhi, Jan 30 (ANI): Supreme Court dismissed curative petition of Akshay Kumar Singh, one of the convicts in Nirbhaya gangrape case on January 30. Convicts'...

Over 1 lakh people booked since Delhi polls announcement: Chief Electoral Officer

Over 1 lakh people booked since Delhi polls announcement: Chief Electoral Officer

Jan 30, 2020

New Delhi, Jan 30 (ANI): Action has been taken against 96,355 and 6001 people under Delhi Police Act and Excise Act respectively informed Delhi Chief Electoral...

Man brandishing gun spotted during anti-CAA protest in Jamia Nagar

Man brandishing gun spotted during anti-CAA protest in Jamia Nagar

Jan 30, 2020

New Delhi, Jan 30 (ANI): An unknown man brandishing gun was seen during anti-CAA protest march called by Jamia Coordination Committee. One person injured in shooting....

CM Kejriwal hits back at Parvesh Verma on his 'terrorist' remark

CM Kejriwal hits back at Parvesh Verma on his 'terrorist' remark

Jan 30, 2020

New Delhi, Jan 30 (ANI): While addressing a press conference, Delhi Chief Minister Arvind Kejriwal on Thursday responded to BJP leader Parvesh Verma's 'terrorist' remark. He...

PM Modi believes in Godse's ideology: Rahul Gandhi

PM Modi believes in Godse's ideology: Rahul Gandhi

Jan 30, 2020

Wayanad (Kerala), Jan 30 (ANI): Congress leader Rahul Gandhi led 'Save the Constitution' march on January 30 in his Parliamentary constituency Wayanad. "Nathuram Godse and Narendra...

Mask manufacturing surges in Tamil Nadu over coronavirus outbreak

Mask manufacturing surges in Tamil Nadu over coronavirus outbreak

Jan 30, 2020

Madurai (Tamil Nadu), Jan 30 (ANI): Mask manufacturing industry boomed in Tamil Nadu’s Madurai in view of coronavirus outbreak that originated from China’s Wuhan. Masks are...

West Bengal turning into Pakistan: Dilip Ghosh

West Bengal turning into Pakistan: Dilip Ghosh

Jan 30, 2020

North 24 Parganas (West Bengal), Jan 30 (ANI): West Bengal's Bharatiya Janata Party (BJP) chief Dilip Ghosh sparked controversy by saying that West Bengal is turning...

'If you build Ram Temple, we'll build Babri Masjid': Farhan Azmi on Uddhav's Ayodhya visit

'If you build Ram Temple, we'll build Babri Masjid': Farhan Azmi on Uddhav's Ayodhya visit

Jan 30, 2020

Mumbai, Jan 30 (ANI): Speaking at an event, Samajwadi Party (SP) leader Abu Azmi's son and businessman, Farhan Azmi said that if CM Uddhav Thackeray will...

Manmohan Singh, Sonia Gandhi pay tribute to Mahatma Gandhi on his 72nd death anniversary

Manmohan Singh, Sonia Gandhi pay tribute to Mahatma Gandhi on his 72nd death anniversary

Jan 30, 2020

New Delhi, Jan 30 (ANI): Former Prime Minister Dr. Manmohan Singh paid tribute to Mahatma Gandhi at Raj Ghat on his death anniversary. Congress president Sonia...

2 injured after under-construction foot overbridge collapsed in Mumbai

2 injured after under-construction foot overbridge collapsed in Mumbai

Jan 30, 2020

Mumbai, Jan 30 (ANI): Two people got injured after an under-construction foot overbridge collapsed in Mumbai's Mankhurd area. The injured have been admitted to a nearby...

Dr Kafeel Khan arrested by UP STF in Mumbai for ‘inflammatory’ remarks at AMU

Dr Kafeel Khan arrested by UP STF in Mumbai for ‘inflammatory’ remarks at AMU

Jan 30, 2020

Mumbai, Jan 30 (ANI): Uttar Pradesh Special Task Force (STF) arrested Dr Kafeel Khan from Mumbai. He was suspended from Gorakhpur's BRD medical college and is...

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