Reserve Bank of India.

RBI fines Mumbai bank for levying extra charge on ATM cards

The RBI has slapped a fine of Rs 13.3 lakh on SVC Co-operative Bank Ltd., Mumbai as it was imposing annual maintenance charges for ATM cards in Basic Savings Bank Deposit Accounts in violation of the central bank's directions. Oct 23, 2023
Reserve Bank of India.

RBI fines Paytm Payments Bank for breach of norms

The RBI has slapped a Rs 5.39 crore fine on Paytm Payments Bank for not complying RBI guidelines related to know your customer (KYC) norms and not reporting incidents of cyber security breaches in time. Oct 13, 2023
Bombay Dyeing To Sell 22-Acres Worli Land To Goisu Realty For Rs 5,200cr

Bombay Dyeing to sell 22-acres Worli land to Goisu Realty for Rs 5,200cr

In one of the biggest realty deals, the Bombay Dyeing and Manufacturing Co. Ltd. (BDMC) said it has approved a proposal to sell off its prime property in Worli, measuring around 22 acres, to Goisu Realty Pvt. Ltd in two phases for around Rs 5,200-crore, to pay off debts and fund future projects, here on Wednesday. Sep 13, 2023