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RBI imposes Rs 32.5 lakh penalty on Bank of Maharashtra for compliance lapses

India, Feb. 13 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 32.50 lakh on Bank of Maharashtra for non-compliance with RBI directions related to credit information reporting ... Read More


RBI imposes Rs 3.8 lakh penalty on Navi Finserv for recovery agent norm violations

India, Feb. 13 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 3.80 lakh on Navi Finserv Limited for non-compliance with RBI directions related to recovery agent practices. Th... Read More


RBI imposes Rs 5.3 lakh penalty on IIFL Finance for asset classification lapse

India, Feb. 13 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 5.30 lakh on IIFL Finance Limited for non-compliance with RBI directions related to asset classification norms. ... Read More


RBI imposes Rs 63.6 lakh penalty on CSB Bank for regulatory lapses

India, Feb. 13 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 63.60 lakh on CSB Bank Limited for non-compliance with RBI directions related to the scope of activities of Busin... Read More


RBI issues amendment directions on capital market exposure norms

India, Feb. 13 -- The Reserve Bank of India (RBI) has issued amendment directions related to capital market exposure (CME) norms for commercial banks and small finance banks, following a review of sta... Read More


REC arm transfers Bellary-Davanagere transmission SPV to PowerGrid

India, Feb. 13 -- REC Ltd on Friday said its arm, REC Power Development and Consultancy Ltd (RECPDCL), has handed over the special purpose vehicle (SPV) of the Bellary-Davanagere Power Transmission pr... Read More


Powergrid commissions Ramgarh-Bhadla III transmission line in Rajasthan

India, Feb. 13 -- Power Grid Corporation of India has commissioned the 765 kV double-circuit Ramgarh-Bhadla III transmission line along with the Ramgarh substation in Rajasthan, the company said on Fr... Read More


Ratnabhumi Developer Q3 net profit down 6.15% at Rs 0.61 cr

India, Feb. 13 -- The company reported standalone net profit of Rs 0.61 crore for the quarter ended December 31, 2025 as compared to Rs 0.65 crore in the same period last year, registering a year-on-y... Read More


Sarthak Industries Q3 net profit down 58.65% at Rs 0.43 cr

India, Feb. 13 -- The company reported standalone net profit of Rs 0.43 crore for the quarter ended December 31, 2025 as compared to Rs 1.04 crore in the same period last year, registering a year-on-y... Read More


Deccan Gold Mines posts Q3 net loss of Rs 1.86 cr

India, Feb. 13 -- The company reported standalone net loss during the quarter stood at Rs 1.86 crore as compared to net loss of Rs 13.15 crore in the previous year quarter. Net revenue of the company... Read More