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RBI imposes monetary penalty on Yes Bank and ICICI Bank. Here's why

The penalties imposed on them are ₹91 lakh and ₹1 crore, respectively, RBI said in its orders.

A police officer walks past the Reserve Bank of India (RBI) logo inside its headquarters in Mumbai, India.(Reuters)
Published on May 28, 2024 01:04 PM IST
ANI |

Narayanan Vaghul cremated: Legacy of ‘Bhishma Pitamaha’ of banking in India

Tributes pour in for Narayanan Vaghul, the 'Bhishma Pitamaha' of Indian banking who is known for transforming ICICI Bank.

Former chairman of ICICI bank Narayanan Vaghul passed away at the age of 88. (PTI Photo/Kunal Patil)
Updated on May 19, 2024 04:57 PM IST

ICICI Bank enables UPI payments in India for NRI customers

NRI customers of the bank can make UPI payments by scanning any Indian QR code, send money to a UPI ID.

A bird flies past the facade of the ICICI bank head office in Mumbai.(Reuters)
Published on May 06, 2024 05:45 PM IST
PTI |

ICICI Bank denies CEO and MD Sandeep Bakhshi willing to quit: 'Baseless'

The report claimed that Sandeep Bakhshi wanted to be relieved as MD and CEO due to personal emergency.

The report claimed that Sandeep Bakhshi wanted to be relieved as MD and CEO due to personal emergency but the Reserve Bank of India (RBI) was against his departure,.(HT Photo)
Updated on May 02, 2024 09:49 AM IST

Hike in bank, credit card charges from May 1: What changes for you?

Yes Bank and IDFC FIRST Bank said that their credit card customers will have to pay a higher amount as fees for paying utility bills.

YES Bank revised some of its charges on credit cards barring for the 'private' credit cards.
Published on May 01, 2024 06:07 PM IST
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