MUMBAI, India, June 19 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated June 18, 2026, imposed a monetary penalty of ₹2.70 lakh (Rupees Two Lakh Seventy Thousand only) on Can Fin Homes Limited (the company) for non-compliance with certain provisions of the directions issued by RBI on 'Fair Practices Code'. This penalty has been imposed in exercise of the powers conferred on RBI under Section 52A of the National Housing Ban...
MUMBAI, India, June 19 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated June 18, 2026, imposed a monetary penalty of ₹3.10 lakh (Rupees Three Lakh Ten Thousand only) on Pahal Financial Services Private Limited (the company) for non-compliance with certain provisions of the 'Reserve Bank of India (Know Your Customer (KYC)) Directions' issued by RBI. This penalty has been imposed in exercise of powers conferred on RBI under ...
MUMBAI, India, June 19 -- Reserve Bank of India issued the following press release: [Under Section 45ZL of the Reserve Bank of India Act, 1934] The sixty first meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during June 3 to 5, 2026. 2. The meeting was chaired by Shri Sanjay Malhotra, Governor and was attended by all the members - Dr. Nagesh Kumar, Director and Chief Executive, Institute for Studies in Industrial ...
MUMBAI, India, June 19 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has released the Supervisory Data Quality Index (sDQI) for SCBs for March 2026. It measures data quality in terms of the Accuracy, Timeliness, Completeness and Consistency in the submission of returns and microdata for supervisory assessments. The objective of sDQI is to assess the adherence to the principles enunciated in the Master Direction on Filing of Supervisory Returns 2024...
MUMBAI, India, June 19 -- Reserve Bank of India issued the following notification: RBI/FIDD/2026-27/404 FIDD.CO.FSD.BC.No.06/05.05.010/2026-27 June 19, 2026 Reserve Bank of India [Regional Rural Banks - Kisan Credit Card (KCC) Scheme] Directions, 2026 Table of Contents Chapter I: Preliminary Chapter II: Credit - Purpose, Tenure and Limit Chapter III: General Instructions Chapter IV: Disclosure, Exemptions and other Provisions Annex I - Illustrations In exercise of the powers conferred und...
MUMBAI, India, June 19 -- Reserve Bank of India issued the following notification: RBI/FIDD/2026-27/403 FIDD.CO.FSD.BC.No.05/05.05.010/2026-27 June 19, 2026 Reserve Bank of India [Small Finance Banks - Kisan Credit Card (KCC) Scheme] Directions, 2026 Table of Contents Chapter I: Preliminary Chapter II: Credit - Purpose, Tenure and Limit Chapter III: General Instructions Chapter IV: Disclosure, Exemptions and Repeal Provisions Annex I - Illustrations Appendix In exercise of the powers co...
MUMBAI, India, June 19 -- Reserve Bank of India issued the following notification: RBI/FIDD/2026-27/402 FIDD.CO.FSD.BC.No.04/05.05.010/2026-27 June 19, 2026 Reserve Bank of India [Commercial Banks - Kisan Credit Card (KCC) Scheme] Directions, 2026 Table of Contents Chapter I: Preliminary Chapter II: Credit - Purpose, Tenure and Limit Chapter III: General Instructions Chapter IV: Disclosure, Exemptions and Repeal Provisions Annex I - Illustrations Appendix In exercise of the powers confe...
MUMBAI, India, June 19 -- Reserve Bank of India issued the following notification: RBI/FIDD/2026-27/405 FIDD.CO.FSD.BC.No.07/05.05.010/2026-27 June 19, 2026 Reserve Bank of India [Rural Co-operative Banks - Kisan Credit Card (KCC) Scheme] Directions, 2026 Table of Contents Chapter I: Preliminary Chapter II: Credit - Purpose, Tenure and Limit Chapter III: General Instructions Chapter IV: Disclosure, Exemptions and other Provisions Annex I - Illustrations In exercise of the powers conferred...
MUMBAI, India, June 19 -- Reserve Bank of India issued the following notification: RBI/2026-27/150 FIDD.CO.LBS.BC.No.03/02.01.001/2026-27 June 19, 2026 The Chairman/Managing Director / Chief Executive Officer All Commercial Banks excluding Foreign Banks (other than Wholly Owned Subsidiaries of Foreign Banks) All State Co-operative Banks All District Central Co-operative Banks Madam / Dear Sir, Lead Bank Scheme Please refer to our Master Circular on the Lead Bank Scheme (LBS) FIDD.CO.L...
RANCHI, India, June 18 -- Jharkhand High Court issued the following order on May 15: 1. Heard learned counsel for the parties. 2. The instant writ application has been preferred by the petitioner praying therein for the following reliefs: i) For issuance of appropriate writ/writs or order/orders or direction/directions or a writ of mandamus directing upon the Respondents to issue the result of the petitioner in Advertisement no.01 of 2024 for appointment to the post of Chowkidar/Jharkhand Gra...