Page 4 - Penalty
RBI imposes Rs 1 crore penalty on Cooperatieve Rabobank UA
Reserve Bank of India on Thursday said it has imposed a penalty of Rs 1 crore on Cooperatieve Rabobank UA for deficiencies in regulatory compliances
 "RBI imposes Rs 1 crore penalty on Cooperatieve Rabobank UA")
Starting October 1, RBI to levy penalty on ATMs that run out of cash
Penalty of Rs 10,000 per ATM will be levied in the event of a cash-out situation for more than 10 hours in a month
 "Starting October 1, RBI to levy penalty on ATMs that run out of cash")
Eng penalty decisions in Euro final 'totally rests' with me, says Southgate
Gareth Southgate, the head coach of England, has said the Three Lions' failure in the penalty shootouts in the Euro Cup final 'totally rests' with him
 "Eng penalty decisions in Euro final 'totally rests' with me, says Southgate")
Sebi imposes Rs 15 cr penalty on FT MF chief executive, fund managers
Regulator cites obsession with high-risk strategies without factoring concomitant risks; fund house to appeal order
 "Sebi imposes Rs 15 cr penalty on FT MF chief executive, fund managers")
IRDAI imposes Rs 30 lakh penalty on SBI General Insurance Company
Regulator IRDAI has imposed a penalty of Rs 30 lakh on SBI General Insurance Company for its failure to comply with the third-party motor insurance regulations.
 "IRDAI imposes Rs 30 lakh penalty on SBI General Insurance Company")
Bristol-Myers, Sanofi to pay Hawaii $834 mn over Plavix warning label
Bristol-Myers and Sanofi, which produced Plavix in a partnership, in a joint statement vowed to appeal, saying the decision was "unsupported by the law and at odds with the evidence at trial"
 "Bristol-Myers, Sanofi to pay Hawaii $834 mn over Plavix warning label")
RBI imposes Rs 2 cr fine on Deutsche Bank for non-compliance of directions
RBI by an order on Tuesday imposed a penalty of Rs 2 crore on Deutsche Bank AG
 "RBI imposes Rs 2 cr fine on Deutsche Bank for non-compliance of directions")
RBI imposes Rs 1 cr penalty on PNB for unauthorised ATM operations
The Reserve Bank of India (RBI) imposed the Rs 1 crore penalty for "contravention of the nature referred to in Section 26 (6) of the Payment and Settlement Systems Act, 2007 (PSS Act)", it added
 "RBI imposes Rs 1 cr penalty on PNB for unauthorised ATM operations")
Biz will have 30 days to generate e-voices for B2B sales in Oct: CBIC
Under the Goods and Services Tax (GST) law, companies with turnover of over Rs 500 crore will have to generate e-invoice for B2B transactions from October 1
 "Biz will have 30 days to generate e-voices for B2B sales in Oct: CBIC")
Criminal offences in Companies Act to be slashed, govt mulls 65 changes
The offences punishable with imprisonment, a fine, or both are compoundable, and offences punishable with imprisonment and a fine are non-compoundable
 "Criminal offences in Companies Act to be slashed, govt mulls 65 changes")
Pay up to Rs 100,000 fine in this state for littering in public places
The move comes after Chief Minister Mamata Banerjee expressed her displeasure after finding out the newly inaugurated Dakshineswar skywalk was stained with betel juice
 "Pay up to Rs 100,000 fine in this state for littering in public places")
