Tag: Central Bank of India

israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

NHAI advises Paytm FASTag users to switch to other FASTags by March 15 or face penalties

The National Highways Authority of India has advised Paytm FASTag users to procure a new FASTag by a different issuing bank before March 15, 2024…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Paytm shares rally 4% on cutting dependency on payments bank

Shares of One 97 Communications today rallied 4% to the day’s high of Rs Rs 420 after Paytm and Paytm Payments Bank mutually agreed to…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Paytm: SoftBank sells another 2% stake in Paytm

SoftBank Group Corp has sold a stake of 2.17% in beleaguered Indian payments firm Paytm, an exchange filing showed on Thursday. This comes after SoftBank…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Paytm news: Paytm not in list of 32 banks authorised to issue new FASTags

The road tolling authority has advised highway users to buy FASTags from an authorised bank and listed 32 banks sans Paytm Payments Bank, in a…

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RBI said that the penalty is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.
Posted in Business

RBI imposes ₹84.50 lakh penalty on Central Bank of India for non-compliance

The RBI on Friday said it has imposed a penalty of ₹84.50 lakh on Central Bank of India (the bank) for non-compliance with certain provisions…

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