SOURCE OF INFORMATION : RESERVE BANK OF INDIA WEBSITE & NEWSPAPERS
PERIOD COVERED : 01-AUG-1996 TO 21-NOV-2024

NBFC: DID NOT ADHERE TO THE SPECIFIC DIRECTION OF RBI TO ENSURE FULL COMPLIANCE WITH FAIR PRACTICES CODE (FPC) IN LETTER AND SPIRIT

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

ALL

S.No.	ENTITY	PERSONS	REGULATORY CHARGES	REGULATORY ACTION(S) / DATE OF ORDER	FURTHER DEVELOPMENTS
1	BAJAJ FINANCE LTD.		DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY RBI ON CREDIT CARD OPERATIONS OF BANKS READ WITH GUIDELINES ON MANAGING RISKS AND CODE OF CONDUCT IN OUTSOURCING OF FINANCIAL SERVICES BY BANKS DID NOT ADHERE TO THE SPECIFIC DIRECTION OF RBI TO ENSURE FULL COMPLIANCE WITH FAIR PRACTICES CODE (FPC) IN LETTER AND SPIRIT	IMPOSED PENALTY RS.2,50,00,000 05-JAN-2021
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.