Citibank, Bank of Baroda and Indian Overseas Bank fined by the RBI for non-compliance
The Reserve Bank of India (RBI), the banking regulator, has fined Citibank, Bank of Baroda, and Indian Overseas Bank a total of Rs 10.34 crore on November 24 for not following certain rules.
Power Grid Corporation Fined by BSE and NSE for Director Non-Compliance
BSE and NSE, leading stock exchanges, have imposed penalties of Rs 5,42,800 each on Power Grid Corporation, a state-owned entity, for not having necessary independent directors, including one woman, Power Grid Corporation disclosed in a regulatory filing.
Anand Rathi Global Finance and Manappuram Fined for Non Compliance
The Reserve Bank of India (RBI) has fined Manappuram Finance and Anand Rathi Global Finance for not following certain rules.
