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1. • February 26, 2024

     • The Reserve Bank of India (RBI) has, by an order dated February 26, 2024 imposed a monetary penalty of ₹1,40,76,000 (Rupees One Crore Forty Lakh Seventy Six Thousand only) on Bank of India (the bank) for non-compliance with certain directions issued by RBI on ‘Interest Rate on Deposits’, ‘Customer Service in Banks’, ‘ Interest Rate on Advances ’, ‘Central Repository of Information on Large Credits (CRILC) - Revision in Reporting’, and ‘Membership of Credit Information Companies (CICs)’ and...
     www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=57498

     Press Releases - Reserve Bank of India

2. People also ask

   What are monetary penalty guidelines?

   • The much-awaited monetary penalty guidelines have been framed in line with best practices and to ensure that penalty imposed is proportional to the anti-competitive harm caused to the market by the contravening entities/ persons.

   Press Release Ifrma Page: Press Information Bureau

   pib.gov.in/PressReleaseIframePage.aspx?PRID=2012824

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   Why is RBI imposing monetary penalty against a bank?

   • The action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transactions or agreement entered into by the bank with its customers. Further, imposition of monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

   Press Releases - Reserve Bank of India

   www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=57498

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   What are CCI monetary penalty guidelines?

   • In addition, CCI has also notified Monetary Penalty Guidelines with respect to the determination of monetary penalty to be levied on the enterprise (s) and/or persons for any contravention of the provisions of the Act.

   Press Release Ifrma Page: Press Information Bureau

   pib.gov.in/PressReleaseIframePage.aspx?PRID=2012824

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   Which G7 countries still impose capital punishment?

   • Along with the United States, Japan is the only G7 country that still imposes capital punishment, with death row prisoners being notified of their hanging just a few hours in advance. After almost half a century on death row Iwao Hakamada, 88, has been acquitted of murder.

   World's longest-serving death row inmate acquitted in Japan

   www.bbc.com/news/articles/c5y9x6zrkrro

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3. www.rbi.org.in › Scripts › BS_PressReleaseDisplayPress Releases - Reserve Bank of India

   www.rbi.org.in › Scripts › BS_PressReleaseDisplay

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   May 27, 2024 · The Reserve Bank of India (RBI) has, by an order dated May 21, 2024, imposed a monetary penalty of ₹1.00 crore (Rupees One Crore only) on ICICI Bank Ltd. (the bank) for non-compliance with certain directions issued by RBI on ‘Loans and Advances – Statutory and Other Restrictions’.

4. pib.gov.in › PressReleaseIframePagePress Release: Press Information Bureau

   pib.gov.in › PressReleaseIframePage

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   Mar 8, 2024 · The much-awaited monetary penalty guidelines have been framed in line with best practices and to ensure that penalty imposed is proportional to the anti-competitive harm caused to the market by the contravening entities/ persons.

5. pib.gov.in › PressReleaseIframePagePress Release: Press Information Bureau

   pib.gov.in › PressReleaseIframePage

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   Jun 22, 2024 · GST Council recommends waiving interest and penalties for demand notices issued under Section 73 of the CGST Act (i.e. the cases not involving fraud, suppression or wilful misstatement, etc.) for the fiscal years 2017-18, 2018-19 and 2019-20, if the full tax demanded is paid upto 31.03.2025.

6. www.bbc.com › news › articlesWorld's longest-serving death row inmate acquitted in Japan

   www.bbc.com › news › articles

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   3 days ago · How many countries still have the death penalty? ... Hakamada’s 91-year-old sister, Hideko, has cared for him since he was released from jail in 2014. Decades of detention, mostly in solitary ...

7. www.livemint.com › industry › bankingBanks to now pay compensation for delaying property ... - Mint

   www.livemint.com › industry › banking

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   Sep 13, 2023 · Banks to now pay compensation for delaying property documents return | Mint. Bank not returning your property documents despite full loan repayment? RBI issues compensation order. The Reserve Bank...

8. www.skysports.com › football › rangers-vs-hibernianRangers 1 - 0 Hibernian - Match Report & Highlights - Sky Sports

   www.skysports.com › football › rangers-vs-hibernian

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   23 hours ago · Sunday 29 September 2024 14:12, UK. Rangers needed a Jack Butland penalty save as they laboured to 1-0 win over Hibernian at Ibrox. The first half was a tale of two VAR checks as Rangers returned ...