Reserve Bank imposes Rs 10 crore penalty on HDFC Bank
NEW DELHI: The Reserve Bank of India (RBI) has imposed a penalty of Rs 10 crore on HDFC Bank for deficiencies in regulatory compliances with regard to its auto loan portfolio. The penalty has been slapped after examining a complaint by a whistleblower regarding irregularities in the auto loan portfolio of the lender. The order […]
Gujarat Chief Minister launches projects worth over Rs 500 crore
AHMEDABAD: Gujarat Chief Minister Vijay Rupani on Friday launched various projects worth Rs 585 crore of Ahmedabad Municipal Corporation (AMC). He launched the projects through video conference from Gandhinagar. These projects included phase-2 of the Sabarmati Riverfront development from Dafnala till Indira Bridge on the eastern side of the city, a government release said. While […]