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RBI penalises 10.34 crore on Citibank, BoB, IOB for non-compliance

Indian Overseas Bank was slapped with a ₹1 crore fine for contravention of directions concerning loans and advances.

The highest penalty of <span class='webrupee'>₹</span>5 crore has been imposed on Citibank NA for non-compliance of norms. (REPRESENTATIVE PHOTO)
Published on Nov 24, 2023 06:35 PM IST

Training programme held on identification of counterfeit currency

The Haryana Police and Reserve Bank of India (RBI) on Wednesday organised a state-level training programme on identification of fake currency and control on its circulation. Additional director general of police, cyber, OP Singh said that the possibility of human error in identifying fake notes is relatively high, so they must be identified using software-based machines.

Additional director general of police, cyber, OP Singh emphasised the importance of artificial intelligence and shared information about cutting-edge tech used to detect counterfeit notes in various countries. He spoke on the importance of collaborative plans between banks and the police to mitigate cyber threats and safeguard citizens’ hard-earned money. (HT File Photo)
Updated on Nov 23, 2023 07:58 AM IST
By, Chandigarh

Tighter unsecured lending norms in overall interest of sustainability: RBI guv

Shaktikanta Das pointed out that banks, NBFCs and other financial entities must continue to do stress testing of their books.

RBI Governor Shaktikanta Das delivers the inaugural address at FIBAC 2023 in Mumbai on November 22.(PTI)
Updated on Nov 22, 2023 04:12 PM IST

RBI Assistant day 2 exam 2023 today; admit card link, instructions to candidates

Those who need to download a copy of the call letter can go to or use the link below.

RBI Assistant day 2 exam 2023 today (REPRESENTATIVE PHOTO)
Published on Nov 19, 2023 08:38 AM IST

RBI bars Bajaj Finance from giving loans via 2 products; here's what happened

RBI said the "supervisory restrictions" will be reviewed after the NBFC rectifies the violations.

RBI (Representational)
Updated on Nov 15, 2023 05:46 PM IST
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