Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsCrilc

    Crilc

    Jump to

    • RBI imposes Rs 6 lakh penalty on Hewlett-Packard Financial Services

      RBI said the statutory inspection of the company, with reference to its financial position as on March 31, 2019, revealed non-compliance with the statutory directions on submission of credit information to CRILC and submission of credit data to credit information companies (CICs).

    • RBI imposes Rs 4 crore penalty on Citibank

      In a release, RBI said the penalty has been imposed on Citibank NA for contravention of certain sections of the Banking Regulation Act and for non-compliance with directions.

    • Rating agencies blame lack of timely default data for lag in IL&FS downgrade: Sources

      Infrastructure lender IL&FS, which defaulted on its payments in September, a development that triggered worries of a financial contagion, was rated highly by most agencies right up to its default.

    • Closely monitoring RBI-mandated Special Mention A/cs: IDBI Bk

      IDBI Bank has about eight accounts totaling credit of Rs 4,591 crore, which repeatedly feature in the SMA-2 category and on which the bank has initiated resolution measures, says MD & CEO, Kishor Kharat.

    • RBI to make Joint lending forum more transparent: Dy Guv

      JLF framework outlines a corrective action plan that would incentivise early identification of problem cases, timely restructuring of stressed loan accounts, and taking prompt steps by banks for recovery or sale of unviable accounts.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347