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Supreme Court junks Bharti Airtel, Vodafone Idea's pleas on miscalculation in AGR dues; stocks fall up to 4%

New Delhi, Feb. 14 -- The Supreme Court of India on Friday dismissed review petitions filed by telecom companies, including Vodafone Idea and Bharti Airtel, seeking corrections in the calculation of t... Read More


Supreme Court junks Bharti Airtel, Vodafone Idea's pleas on miscalculation in AGR dues

New Delhi, Feb. 14 -- The Supreme Court of India on Friday junked the pleas by telecom companies, Bharti Airtel and Vodafone Idea, on miscalculation in AGR dues. The shares of telcos declined after th... Read More


RBI imposes monetary penalty on Ujjivan Small Finance Bank Limited

India, Feb. 14 -- The Reserve Bank of India (RBI) has, by an order dated February 10, 2025, imposed a monetary penalty of Rs. 6.70 lakh (Rupees Six Lakh Seventy Thousand only) on Ujjivan Small Finance... Read More


RBI imposes monetary penalty on The Nainital Bank Limited

India, Feb. 14 -- The Reserve Bank of India (RBI) has, by an order dated February 12, 2025, imposed a monetary penalty of Rs. 61.40 lakh (Rupees Sixty One Lakh Forty Thousand only) on The Nainital Ban... Read More


RBI imposes monetary penalty on Shriram Finance Limited

India, Feb. 14 -- The Reserve Bank of India (RBI) has, by an order dated February 10, 2025, imposed a monetary penalty of Rs. 5.80 lakh (Rupees Five Lakh Eighty Thousand only) on Shriram Finance Limit... Read More


RBI cancels Certificate of Registration of Zion Financial Services Pvt Ltd

India, Feb. 14 -- The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the ... Read More


RBI cancels Certificate of Registration of Namokar Consultants Pvt. Ltd.

India, Feb. 14 -- The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the ... Read More


RBI cancels Certificate of Registration of Salasarji Merchant Pvt. Ltd.

India, Feb. 14 -- The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of Sala... Read More


RBI cancels Certificate of Registration of Ortem Estates Pvt Ltd

India, Feb. 14 -- The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of Orte... Read More


RBI cancels Certificate of Registration of Tanwi Viniyog Pvt Ltd

India, Feb. 14 -- The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of Tanw... Read More