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Day: August 25, 2026

Shri Ram Finance Corporation, Progfin Fined ₹10.80 Lakh by RBI for KYC, Governance Lapses

In recent years, the Reserve Bank of India (RBI) has significantly intensified its regulatory oversight of non-banking financial companies (NBFCs) to ensure systemic stability, protect consumer interests, and enforce strict adherence to financial integrity

RBI Penalties Two NBFCs in a Single Week

SEO Title: RBI Penalties Two NBFCs in a Single Week – A Comprehensive Regulatory Analysis The Indian financial system is currently undergoing a massive structural transformation, characterized by heightened regulatory oversight and a zero-tolerance

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