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White House Engages Community Lenders to Boost Underserved Areas

White House Engages Community Lenders to Boost Underserved Areas
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RBI imposes penalties on IDFC First Bank, LIC Housing Finance for non-compliance

In a statement, the RBI said the penalty on IDFC First Bank has been imposed for non-compliance with certain directions on 'Loans and Advances - Statutory and Other Restrictions'. ....

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EPA Awards $20B in Grants for Greenhouse Gas Reduction Project Financing

The $27-billion Greenhouse Gas Reduction Fund was created under 2022 s Inflation Reduction Act. ....

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lic housing finance: RBI penalises IDFC First Bank, LIC Housing Finance

The Reserve Bank of India (RBI) has imposed a penalty of Rs 1 crore on IDFC First Bank and Rs 49.70 lakh on LIC Housing Finance for violating certain norms. IDFC First Bank s penalty is for non-compliance with directions on Loans and Advances - Statutory and Other Restrictions , while LIC Housing Finance s penalty is for non-compliance with provisions of the Non-Banking Financial Company - Housing Finance Company (Reserve Bank) Directions, 2021 . Additionally, the RBI has cancelled the registration certificates of four NBFCs and five NBFCs have surrendered their certificates. ....

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Latest News | RBI Penalises IDFC First Bank, LIC Housing Finance

Get latest articles and stories on Latest News at LatestLY. The Reserve Bank on Friday said it has imposed a penalty of Rs 1 crore on IDFC First Bank and Rs 49.70 lakh on LIC Housing Finance for violation of certain norms.
Latest News | RBI Penalises IDFC First Bank, LIC Housing Finance. ....

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