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RBI fines Sultanpur Jilla Sahkari Bank Rs 3 lakh for compliance violations

India, June 23 -- The Reserve Bank of India (RBI) has imposed a penalty of Rs 3 lakh on Sultanpur Jilla Sahkari Bank Ltd., Uttar Pradesh, for non-compliance with regulatory guidelines related to Credi... Read More


RBI imposes Rs 1 lakh penalty on Chittoor District Co-operative Central Bank

India, June 23 -- The Reserve Bank of India has imposed a monetary penalty of Rs 1 lakh on The Chittoor District Co-operative Central Bank Ltd. for violating provisions of Section 20 read with Section... Read More


RBI imposes Rs 1 lakh penalty on Shimoga District Co-operative Central Bank

India, June 23 -- The Reserve Bank of India has imposed a monetary penalty of Rs 1 lakh on The Shimoga District Co-operative Central Bank Ltd. for contravening provisions of Section 20 read with Secti... Read More


RBI imposes Rs 5 lakh penalty on Hutatma Sahakari Bank for regulatory violations

India, June 23 -- The Reserve Bank of India has imposed a monetary penalty of Rs 5 lakh on Hutatma Sahakari Bank Ltd. for non-compliance with RBI directions relating to loans and advances granted to d... Read More


RBI announces Rs 2 lakh cr 7-Day VRR auction to manage liquidity

India, June 23 -- The Reserve Bank of India has announced a 7-day Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) framework to address evolving liquidity conditions in t... Read More


DEE Development Engineers' arm bags Rs 64 cr wind tower supply order

India, June 23 -- DEE Development Engineers Limited has announced that its wholly owned subsidiary, DEE Fabricom India Private Limited, has received a significant order worth approximately Rs 64 crore... Read More


Belding India incorporates JV subsidiary for Renewable Energy and Battery Storage Proj

India, June 23 -- Belding India Limited has announced the incorporation of a new joint venture subsidiary, Belding HD India Private Limited, in partnership with HD Fabcon Private Limited. The newly f... Read More


Rupee weakens in early trade amid stronger dollar and FII outflows

India, June 23 -- The Indian rupee slipped 6 paise to 94.69 against the US dollar in early trade on Tuesday, pressured by continued strength in the greenback, which hovered near a 13-month high. Acco... Read More


Rupee opens lower, falls 15 paise against US Dollar

India, June 22 -- The Indian rupee weakened against the US dollar in early trade on Monday, declining 15 paise to 94.48 amid continued strength in the greenback and heightened geopolitical concerns in... Read More


Suven Life Sciences to showcase CNS Drug Pipeline and Explore Global Partnerships at BIO 2026

India, June 22 -- Suven Life Sciences Ltd., a clinical-stage biopharmaceutical company focused on Central Nervous System (CNS) disorders, has announced its participation in the BIO International Conve... Read More