Live
- If Kohli can be picked up, why not Ashwin?
- Governor Jishnu Dev Attends 'World Meditation Day' Celebration at Gachibowli Stadium
- CM Revanth Reddy Pays Tribute to Freedom Fighter Gaddam Venkataswamy
- Market Outlook: US bond yields, dollar index, FII data key triggers for next week
- Remembering maths genius Ramanujan
- The Third Eye: Ensuring an efficient governance
- Service activities of Ambica Sishu Kendra hailed
- Help in comprehensive development of Nellore dist
- Death toll in Punjab building collapse rises to two
- Make Christmas celebrations merrier and healthier with California almonds
RBI imposes monetary penalty of Rs 10 million on Bajaj Finance Ltd
Highlights
The Reserve Bank of India RBI has imposed a monetary penalty of Rs 10 million on Bajaj Finance Limited for violation of Fair Practices Code
The order is dated Jan 3 and penalty has been imposed in the exercise of powers vested in RBI under relevant provisions of RBI Act.
Mumbai: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs. 10 million on Bajaj Finance Limited for violation of Fair Practices Code.
This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the Non-Banking Financial Company (NBFC) Bajaj Finance Ltd. with its customers.
The order is dated January 3 and the penalty has been imposed in the exercise of powers vested in RBI under the relevant provisions of the RBI Act.
Next Story
ADVERTISEMENT
