RBI slaps fines on Bank of India & Bandhan Bank for breach of rules

RBI Mumbai: The Reserve Bank of India (RBI) has imposed fines on Bank of India and Bandhan Bank for breach of rules, the central bank said on Wednesday. A penalty of Rs 1,40,76,000 has been imposed on Bank of India for non-compliance with the following RBI directions: (1) The bank did not pay interest in … Read more

Bandhan Bank Q3 Profit Jumps Over Two-fold to Rs 733 Crore

Published By: Mohammad Haris Last Updated: February 09, 2024, 16:32 IST Private sector Bandhan Bank on Friday reported over two-fold increase in net profit at Rs 733 crore for the third quarter ended December 2023 on account of improvement in core income. The Kolkata-based new generation bank had posted a net profit of Rs 291 … Read more