Income Tax | GST | Accounting
Income Tax | GST | Accounting
RBI Imposed Monetary Penalty on 8 Banks The Reserve Bank of India (RBI) has imposed a monetary penalty on 8 Banks. See in details Monetary penalty on Jila Sahakari Kendriya Bank Maryadit, Narsinghpur (M.P.) The Reserve Bank of India (RBl) has imposed, by an order dated March 09, 2022, a monetary penalty of ₹1.00 lakh […]
RBI Directed Paytm Payments Bank Ltd to stop, with immediate effect, the onboarding of new customers. The Reserve Bank of India (RBI) has directed the Paytm Payments Bank Ltd to stop, with immediate effect, the onboarding of new customers. No onboarding of new customers unless permission is granted by RBI. Read the official announcement of […]
Now a day’s everyone makes online payments this has made life easier but it also brings security concerns related to Financial Frauds. To understand this type of financial frauds the RBI has released – A Booklet on Modus Operandi of Financial Frauds. BE(A)WARE – A Booklet on Modus Operandi of Financial Frauds The Reserve Bank […]
RBI cancels the licence of Mantha Urban Cooperative Bank Ltd., Mantha, District: Jalna, Maharashtra The Reserve Bank of India (RBI), vide order dated February 15, 2022, has cancelled the licence of Mantha Urban Cooperative Bank Ltd., Mantha, District: Jalna, Maharashtra. Consequently, the bank ceases to carry on banking business, with effect from the close of […]
RBI Governor’s Statement – Monetary Policy Committee, Domestic Growth, Inflation, Financial Stability & Liquidity and Financial Market Conditions As I make this statement, the pandemic holds the global economy hostage once again. Despite signs of moderation, record numbers of daily infections in several countries and consequent containment measures are denting the pace of economic activity, […]
