Economy India News

RBI Penalizes Three Banks with Crore-Worth Fines for Regulatory Violations

The Reserve Bank of India (RBI) has imposed hefty penalties on three banks for non-compliance with various regulatory guidelines. These fines, running into crores, were levied following investigations that revealed significant lapses in adherence to banking norms and operational practices. While the RBI has not disclosed specific names in its preliminary statement, the violations reportedly Read More…

India News

Bengaluru Traffic Police Collect ₹66 Lakh in Fines in a Week During Enforcement Drives

Bengaluru: The Bengaluru Traffic Police have collected a staggering ₹66 lakh in fines within just one week as part of intensified enforcement drives across the city. The crackdown aimed to address violations such as over-speeding, drunk driving, illegal parking, and driving without proper documentation. Officials stated that these enforcement drives were carried out in response Read More…

India News

Bengaluru Traffic Blitz: 1,757 Violations in 5 Hours, ₹88 Lakh Collected in Fines

Bengaluru: In a massive five-hour crackdown, Bengaluru traffic police registered 1,757 cases of traffic violations, raking in ₹88 lakh in fines. The special operation targeted common offenses like reckless driving, signal jumping, and other violations, focusing on high-traffic areas across the city. During the checks, police also recovered a stolen bike, underscoring the thoroughness of Read More…