RBI imposes ₹6 lakh penalty on Hewlett-Packard Financial Services thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Wilful defaulters rises to 2,494: FM
NEW DELHI, July 27: The number of wilful defaulters has increased from 2,208 to 2,494 at the end of March 31, 2021, Finance Minister Nirmala Sitharaman informed Parliament on Tuesday.
As per RBI data on global operations, during the last three financial years, public sector banks (PSBs) have effected recovery of Rs 3,12,987 crore in non-performing assets (NPAs) and written-off loans, she said in a written reply to the Rajya Sabha.
“RBI has further apprises that the total number of unique wilful defaulters reported by PSBs was 2,017 as on March 31, 2019, 2,208 as on March 31, 2020 and 2,494 as on March 31, 2021,” she said.
She also said that the RBI has apprised that as per data reported by banks to Central Repository of Information on Large Credits (CRILC), the total funded amount outstanding of borrowers whose sector code is private and whose loans are classified as NPAs in the PSBs as on March 31, 2019, March 31, 2020 and March 31, 2021
No of wilful defaulters rises to 2,494: FM tells Parliament orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
RBI imposes Rs 14.5 crore penalty on State Bank of India, 13 other banks
The Reserve Bank of India (RBI) on Tuesday imposed a monetary penalty on fourteen banks, including the State Bank of India (SBI) and Bank of Baroda (BOB) for violation of various rules.
As per an official release, the violence includes non-compliance with certain provisions of directions issued by RBI on Lending to Non-Banking Financial Companies (NBFCs) , Bank Finance to Non-Banking Financial Companies (NBFCs) , Loans and Advances - Statutory and Other Restrictions , Creation of a Central Repository of Large Common Exposures - Across Banks read with the contents of Circular on Reporting to Central Repository of Information on Large Credits (CRILC) , Operating Guidelines for Small Finance Banks and for contraventions of provisions of Section 19(2) and Section 20 (1) of Banking Regulation Act, 1949.
RBI imposes penalties on SBI, 13 banks for violation of rules ANI | Updated: Jul 08, 2021 08:26 IST
New Delhi [India], July 8 (ANI): The Reserve Bank of India (RBI) on Tuesday imposed a monetary penalty on fourteen banks, including the State Bank of India (SBI) and Bank of Baroda (BOB) for violation of various rules.
As per an official release, the violence includes non-compliance with certain provisions of directions issued by RBI on Lending to Non-Banking Financial Companies (NBFCs) , Bank Finance to Non-Banking Financial Companies (NBFCs) , Loans and Advances - Statutory and Other Restrictions , Creation of a Central Repository of Large Common Exposures - Across Banks read with the contents of Circular on Reporting to Central Repository of Information on Large Credits (CRILC) , Operating Guidelines for Small Finance Banks and for contraventions of provisions of Section 19(2) and Section 20 (1) of Banking Regulation Act, 1949.