RBI, in a press release cited breach of provisions of the Banking Regulation Act, and non-compliance with directions related to interest rates, outsourcing practices and Know Your Customer (KYC) norms ...

The penalty on HDFC Bank has been imposed on the lender for contravention of certain provisions of the Banking Regulation (BR ...

A penalty of Rs 91 lakh has been imposed on HDFC Bank for violating certain provisions of the Banking Regulation Act, the Reserve Bank said on Friday. The penalty has been imposed on the private ...

Banks are slowing down fully online account opening after a rise in mule accounts and digital fraud; lenders are now adding ...