by newsworm | Feb 2, 2025 | Banking, Equitas Small Finance Bank, RBI
The Reserve Bank of India (RBI) has imposed penalties on Equitas Small Finance Bank and India Post Payments Bank for non-compliance with regulatory guidelines. Equitas Small Finance Bank was penalized ₹65 lakh for levying foreclosure charges on certain floating-rate... by newsworm | Feb 1, 2025 | Banking, Equitas Small Finance Bank, RBI
The Reserve Bank of India (RBI) has imposed penalties on three financial institutions for deficiencies in regulatory compliance. Equitas Small Finance Bank has been penalized Rs 65 lakh for non-compliance with directions on foreclosure charges and credit flow to... by newsworm | Jan 31, 2025 | Banking, Equitas Small Finance Bank, RBI
Here is a summary of the content in 400 words: The Reserve Bank of India (RBI) has imposed fines on several institutions for non-compliance with regulatory norms. The first fine was imposed on Equitas Small Finance Bank, for which the RBI imposed a fine of Rs 65 lakh.... by newsworm | Jan 31, 2025 | Banking, Equitas Small Finance Bank, RBI
The Reserve Bank of India (RBI) has taken disciplinary action against three entities, Equitas Small Finance Bank, India Post Payments Bank, and Aptus Finance India Pvt Ltd, for non-compliance with regulatory guidelines. Equitas Small Finance Bank was slapped with a... by newsworm | Jan 31, 2025 | Banking, Equitas Small Finance Bank, RBI
The Reserve Bank of India (RBI) has imposed penalties on three financial institutions for violating regulatory compliance. Equitas Small Finance Bank has been fined Rs 65 lakh for non-compliance with directions on foreclosure charges/pre-payment penalty on floating... by newsworm | Jan 29, 2025 | Banking, Equitas Small Finance Bank
Here is a summary of the content in 400 words: Equitas Small Finance Bank has lodged an FIR against its former branch manager, Hari Prasad, in connection with a fixed deposit (FD) issue. The bank has clarified that it has no connection with the FD funds of Tirumala...