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RBI imposes Rs 2.10 lakh penalty on Nasik Road Deolali Vyapari Sahakari Bank

India, June 19 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 2.10 lakh on The Nasik Road Deolali Vyapari Sahakari Bank Ltd. for violating RBI guidelines related to loans and ... Read More


RBI imposes Rs 20,000 Penalty on Wardha District Ashirwad Mahila Nagari Sahakari Bank

India, June 19 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 20,000 on Wardha District Ashirwad Mahila Nagari Sahakari Bank Maryadit for non-compliance with RBI guidelines re... Read More


RBI imposes Rs 1.5 lakh penalty on Chitradurga District Co-operative Central Bank

India, June 19 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.5 lakh on The Chitradurga District Co-operative Central Bank Ltd. for violating provisions of the Banking Regul... Read More


RBI imposes Rs 10,000 penalty on Navapur Mercantile Co-operative Bank

India, June 19 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 10,000 on Navapur Mercantile Co-operative Bank Ltd. for violating provisions of the Banking Regulation Act, 1949.... Read More


RBI cancels licence of Shree Mahalaxmi Urban Co-operative Credit Bank

India, June 19 -- The Reserve Bank of India (RBI) has cancelled the banking licence of Shree Mahalaxmi Urban Co-operative Credit Bank Ltd. with effect from the close of business on June 18, 2026. The ... Read More


RBI imposes penalty on Sarvodaya Commercial Co-operative Bank

India, June 19 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 20,000 on Sarvodaya Commercial Co-operative Bank Ltd. for non-compliance with RBI guidelines relating to inoperat... Read More


As US-Iran war ends, Pentagon seeks $80 billion to cover costs linked to the conflict: Details

New Delhi, June 19 -- The US Deputy Defence Secretary Stephen Feinberg told lawmakers in a phone call this week that the Department of Defence (DoD) reportedly needs $80 billion to cover costs from th... Read More


The AI data centre paradox: Can India's natural resources keep up?

India, June 19 -- There's a recent thread that holds together San Francisco, Vancouver, Tucson, Santiago, Dublin, London, Johor, Batam and the Indian port city of Visakhapatnam, also called Vizag. In ... Read More


Reliance AGM report card: Company missed these key targets set over the last five years

Mumbai, June 19 -- Few companies hold their annual general meetings (AGM) with as much fanfare as Reliance Industries Ltd (RIL), India's most valuable company, whose chairperson Mukesh Ambani sets amb... Read More


Desco Infratech jumps after receiving Rs 15.06 crore LOI from Sabarmati Gas

Mumbai, June 19 -- The order follows the company's earlier disclosure on 18 May 2026, wherein it had informed exchanges that it emerged as the L1 bidder for the project. The contract involves laying,... Read More