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RBI imposes Rs 2.10 lakh penalty on Nasik Road Deolali Vyapari Sahakari Bank

India, June 19 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 2.10 lakh on The Nasik Road Deolali Vyapari Sahakari Bank Ltd. for violating RBI guidelines related to loans and ... Read More


RBI imposes Rs 20,000 Penalty on Wardha District Ashirwad Mahila Nagari Sahakari Bank

India, June 19 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 20,000 on Wardha District Ashirwad Mahila Nagari Sahakari Bank Maryadit for non-compliance with RBI guidelines re... Read More


RBI imposes Rs 1.5 lakh penalty on Chitradurga District Co-operative Central Bank

India, June 19 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.5 lakh on The Chitradurga District Co-operative Central Bank Ltd. for violating provisions of the Banking Regul... Read More


RBI imposes Rs 10,000 penalty on Navapur Mercantile Co-operative Bank

India, June 19 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 10,000 on Navapur Mercantile Co-operative Bank Ltd. for violating provisions of the Banking Regulation Act, 1949.... Read More


RBI cancels licence of Shree Mahalaxmi Urban Co-operative Credit Bank

India, June 19 -- The Reserve Bank of India (RBI) has cancelled the banking licence of Shree Mahalaxmi Urban Co-operative Credit Bank Ltd. with effect from the close of business on June 18, 2026. The ... Read More


RBI imposes penalty on Sarvodaya Commercial Co-operative Bank

India, June 19 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 20,000 on Sarvodaya Commercial Co-operative Bank Ltd. for non-compliance with RBI guidelines relating to inoperat... Read More


Desco Infratech receives Rs 15.06 crore LOI from Sabarmati Gas

India, June 19 -- Desco Infratech Ltd has received a Letter of Intent (LOI) from Sabarmati Gas Ltd, a joint venture between GSPC and BPCL, for the execution of a gas pipeline infrastructure project va... Read More


TRUSTMF Large & Mid Cap Fund floats on

India, June 19 -- Trust Mutual Fund has launched a new Open Ended Growth scheme named "TRUSTMF Large & Mid Cap Fund" with maturity period of 0 days from the launch date. The New Fund Offer (NFO) pri... Read More


AlphaGrep Multi Asset Allocation Fund floats on

India, June 19 -- AlphaGrep Mutual Fund has launched a new Open Ended Growth scheme named "AlphaGrep Multi Asset Allocation Fund" with maturity period of 0 days from the launch date. The New Fund Of... Read More


Zinc futures edge higher on strong spot demand

India, June 19 -- Zinc futures traded marginally higher on Friday, supported by increased buying interest and firm demand in the spot market. On the Multi Commodity Exchange (MCX), zinc contracts for... Read More