RBI imposes ₹2 cr penalty on SBI, ₹92 lakh on Canara, City Union Bank
RBI had recently imposed a penalty worth ₹1.30 cr on SBI for non-compliance with rules related to ‘loans and advances’, ‘intra-group transactions and exposures’
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February 2024
July 2023
December 2022
SpiceJet stock surges 12% after ₹100 cr repayment to City Union Bank
SpiceJet says last tranche of ₹25 cr was paid on June 30, 2023, thereby closing the entire loan account taken in 2012
City Union Bank plummets 9% after RBI finds divergence in bad loans
City Union Bank had reported gross NPAs for FY22 as ₹2,192 crore, while RBI assessed it to be ₹1,933 crore, resulting in a divergence of ₹259 crore.
