RBI Imposes Monetary Penalty on Five Star Business Finance Limited
The RBI has levied a penalty of ₹6.20 lakh on Five Star Business Finance Limited for non-compliance with KYC and Fair Practice Code provisions.
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI has levied a penalty of ₹6.20 lakh on Five Star Business Finance Limited for non-compliance with KYC and Fair Practice Code provisions.

The Calcutta High Court has upheld a bank's decision to withhold a No Due Certificate, affirming that all loan-related charges must be settled before such certification is granted.
The Reserve Bank of India has released a third amendment to the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) for commercial banks, adjusting liquidity management rules.
The Reserve Bank of India has announced a third amendment to the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) for small finance banks, impacting their liquidity management.
The RBI has published a third amendment to the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) for urban co-operative banks, affecting liquidity management practices.
The RBI has announced a third amendment to the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) for rural co-operative banks, targeting NRE term deposits.
The Reserve Bank of India has announced the third amendment to the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) for regional rural banks, affecting NRE term deposits.
The Reserve Bank of India has released a notification regarding the Lead Bank Scheme, addressing policies relevant to the banking sector's approach to rural lending.
The Reserve Bank of India has released third amendment directions for Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) applicable to Commercial Banks to strengthen liquidity management.
The Reserve Bank of India has announced new amendments to the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) for Small Finance Banks to enhance liquidity frameworks.
The Reserve Bank of India has released third amendment directions for Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) applicable to Urban Co-operative Banks to enhance liquidity management practices.
The Reserve Bank of India has issued amendments to the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) for Rural Co-operative Banks, aimed at improving liquidity management.