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RBI imposes Rs 1 on Hlakh penalty assan District Co-operative Central Bank

India, Oct. 6 -- The Reserve Bank of India (RBI), in an order dated September 29, 2025, has imposed a monetary penalty of Rs 1 lakh on The Hassan District Co-operative Central Bank Ltd, Karnataka for ... Read More


RBI slaps Rs 1 lakh penalty on Vaniyambadi Town Co-operative Bank

India, Oct. 6 -- The Reserve Bank of India (RBI), in an order dated September 29, 2025, has levied a monetary penalty of Rs 1 lakh on The Vaniyambadi Town Co-operative Bank Ltd., Tamil Nadu for non-co... Read More


RBI Imposes Rs 5.5 lakh penalty on Bagalkot District Central Co-operative Bank

India, Oct. 6 -- The Reserve Bank of India (RBI), in an order dated September 29, 2025, has imposed a monetary penalty of Rs 5.5 lakh on The Bagalkot District Central Co-operative Bank Ltd., Karnataka... Read More


RBI imposes Rs 31.8 lakh penalty on American Express Banking Corp

India, Oct. 6 -- The Reserve Bank of India (RBI), in an order dated October 1, 2025, has levied a monetary penalty of Rs 31.8 lakh on American Express Banking Corp for non-compliance with the RBI (Cre... Read More


RBI imposes Rs 3 lakh penalty on The Ranuj Nagrik Sahakari Bank

India, Oct. 6 -- The Reserve Bank of India (RBI), in an order dated September 30, 2025, has imposed a monetary penalty of Rs 3 lakh on The Ranuj Nagrik Sahakari Bank Ltd., Patan, Gujarat for non-compl... Read More


RBI imposes Rs 4.2 lakh penalty on HDB Financial Services

India, Oct. 6 -- The Reserve Bank of India (RBI) has levied a monetary penalty of Rs 4.20 lakh on HDB Financial Services Ltd for non-compliance with provisions of the RBI (Know Your Customer) Directio... Read More


Government of India announces 6.22% interest on floating rate bond 2028

India, Oct. 6 -- The rate of interest on the Government of India Floating Rate Bond 2028 (GOI FRB 2028) for the half-year from October 4, 2025, to April 3, 2026 has been fixed at 6.22% per annum. The... Read More


Jindal Stainless launches Rs 125-cr fabrication unit in Mumbai to boost bridge infrastructure

India, Oct. 6 -- Jindal Stainless, India's largest stainless steel manufacturer, has inaugurated its first stainless steel fabrication unit at Washivali, Patalganga (Mumbai) through its subsidiary Jin... Read More


IEX Q2 FY26 Electricity Trade Rises 16% YoY to 35,217 MU

India, Oct. 6 -- Indian Energy Exchange (IEX) reported a 16.1% year-on-year (YoY) increase in electricity traded volume to 35,217 MU (excluding TRAS) in Q2 FY26, reflecting improved supply liquidity f... Read More


Tanfac Industries commissions second phase of 5,000 TPA solar grade DHF Plant

India, Oct. 6 -- Tanfac Industries Ltd (BSE: 506854) announced the successful commissioning of the second phase of its 5,000 TPA (AHF Basis) Solar Grade Dilute Hydro Fluoric Acid (DHF) Plant on Octobe... Read More