RBI imposes Rs 1 cr penalty on Cooperatieve Rabobank U.A.

RBI imposes Rs 1 cr penalty on Cooperatieve Rabobank U.A.

RBI imposes Rs 1 cr penalty on Cooperatieve Rabobank U.A.Aug 12, 2021, 08:44 PM IST

The penalty has been imposed for contravention of certain provisions of the Banking Regulation Act, 1949 and directions related to 'transfer to reserve funds'.

Deutsche Bank gets nod to set up IFSC banking unit at GIFT CityAug 12, 2021, 05:27 PM IST

Set up in 2015, International Financial Services Centre in GIFT City has attracted international and domestic players across the financial services spectrum, such as banks, asset management companies, alternate investment funds and professional services firms.

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