RBI fines Progfin Private Limited ₹2.70 lakh for KYC compliance lapse
The RBI penalty relates to Progfin Private Limited’s failure to put in place a six-monthly review system for the risk categorisation of accounts under KYC directions.
The RBI penalty relates to Progfin Private Limited’s failure to put in place a six-monthly review system for the risk categorisation of accounts under KYC directions.
RBI penalised Shri Ram Finance Corporation Private Limited for lapses related to governance and KYC compliance directions.
Vipul Amrutlal Shah-led Sunshine Pictures saw strong investor demand, with QIB, NII and retail portions all subscribed multiple times.
India leads Sri Lanka 1-0 after the Galle win, with the second Test at Colombo set to test both batting depth and spin options.
RBI will auction ₹24,000 crore in 91-day, 182-day and 364-day Government of India Treasury Bills on August 27, 2026.
RBI will auction State Government Stocks worth ₹20,100 crore on August 25, with bids through E-Kuber and Retail Direct.
Rajpal Yadav has addressed his debt figures, cheque-bounce cases and the long-running financial dispute linked to Ata Pata Laapata.
K.L. Rahul said India gained confidence from the first Test win over Sri Lanka, praising Devdutt Padikkal and the team’s open dressing room.
RBI data showed forex reserves at US$716,907 million on August 14, while bank deposits and credit grew 15.4% and 19.3% year-on-year.
The RBI has announced premature redemption dates and request windows for 32 Sovereign Gold Bond tranches due between October 2026 and March 2027.