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Punekar News: Digital Destination Of Pune District

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Pune Police Commissioner Amitesh Kumar on Ganeshotsav: ‘This Year Will Look Different’ Pune Police Commissioner Amitesh Kumar on Ganeshotsav: ‘This Year Will Look Different’ Pune: Girl Dies After Two-Wheeler Carrying Father, Two Daughters Comes Under Container in Katraj Pune: Girl Dies After Two-Wheeler Carrying Father, Two Daughters Comes Under Container in Katraj Concerns Over Vehicle With Over 55 Challans Worth Rs 1 Lakh Using Device or Technology to Conceal Number Plate on Mumbai-Pune Expressway Concerns Over Vehicle With Over 55 Challans Worth Rs 1 Lakh Using Device or Technology to Conceal Number Plate on Mumbai-Pune Expressway Pune Rail Block: Indore, Jaipur, Jodhpur, Jabalpur Trains Affected for 15 Days Pune Rail Block: Indore, Jaipur, Jodhpur, Jabalpur Trains Affected for 15 Days Pune: Assam Man Working as Amazon Delivery Associate Missing from Aundh Since August 31 Pune: Assam Man Working as Amazon Delivery Associate Missing from Aundh Since August 31

Pune News

Commissioner Amitesh Kumar
  • Pune

Pune Police Commissioner Amitesh Kumar on Ganeshotsav: ‘This Year Will Look Different’

Accident
  • Pune

Pune: Girl Dies After Two-Wheeler Carrying Father, Two Daughters Comes Under Container in Katraj

Concerns Over Vehicle With Over 55 Challans Worth Rs 1 Lakh Using Device or Technology to Conceal Number Plate on Mumbai-Pune Expressway
  • Mumbai
  • Pune

Concerns Over Vehicle With Over 55 Challans Worth Rs 1 Lakh Using Device or Technology to Conceal Number Plate on Mumbai-Pune Expressway

Assam Man Working as Amazon Delivery Associate Missing from Aundh Since August 31
  • Pune

Pune: Assam Man Working as Amazon Delivery Associate Missing from Aundh Since August 31

Police Constable Attacked With Sickle at Pune Railway Station
  • Pune

Pune: Police Constable Attacked With Sickle at Pune Railway Station After Confronting Group Allegedly Smoking Ganja

PCMC

Toddler Found Near Bhandara Hill in Talegaon
  • PCMC

Pune: Police Seek Help to Identify Toddler Found Near Bhandara Hill in Talegaon

pcmc
  • PCMC

Pune: Rs 5 crore Mayor’s residence planned in Nigdi as PCMC clears proposal

Business

Naturals NXT brings AI-powered beauty experience to Pune
1
  • Business

Naturals NXT brings AI-powered beauty experience to Pune as brand crosses 1,000-salon milestone

Litmos Strengthens Global Technology Strategy with New Office in Pune
2
  • Business

Litmos Strengthens Global Technology Strategy with New Office in Pune

Gen Z Is Rethinking FDs And SIPs
3
  • Business

Gen Z Is Rethinking FDs And SIPs: Here’s What Young Investors Want

Computer table
4
  • Business

How a Computer Table and Coffee Table Can Help You Create a Multi-Purpose Living Room

paithani saree
5
  • Business

Central Government taking steps to promote handloom, local artisans, says MP Prof. Dr. Medha Kulkarni

Defence

Thales and Kalyani Strategic Systems Limited
  • Defence

Thales and Kalyani Strategic Systems Limited sign Strategic Alliance Agreement for 70-mm Rocket Systems

Kalyani Strategic Systems Partners with FN Herstal
  • Defence

Kalyani Strategic Systems Partners with FN Herstal to Build Small Arms and Counter-UAS Capability in India

AFMC Student to Commandant Surgeon Vice Admiral Manish Honwad Takes Charge in Pune
  • Defence

From AFMC Student to Commandant: Surgeon Vice Admiral Manish Honwad Takes Charge in Pune

Army Chief General Dhiraj Seth Reviews Southern Command’s War Readiness During Pune Visit
  • Defence

Army Chief General Dhiraj Seth Reviews Southern Command’s War Readiness During Pune Visit

Pune to the Border
  • Defence

From Pune to the Border: 8,000 Rakhis Reach Soldiers for Raksha Bandhan in Jammu and Kashmir

pcmc
  • PCMC

Pune: Students In PCMC Area To Receive Cash Instead of School Materials

Pune, 3rd June 2023: Pimpri-Chinchwad Municipal Corporation (PCMC) has introduced a new initiative to provide school material funds directly to...

Read In DetailRead more about Pune: Students In PCMC Area To Receive Cash Instead of School Materials
Odisha: Two Trains Derail near Bahanaga Bazaar, Helpline Numbers for Stranded Passengers
  • Nation

Odisha: Two Trains Derail near Bahanaga Bazaar, Helpline Numbers for Stranded Passengers

Bahanaga Bazaar, 3rd June 2023: In a distressing incident that occurred this evening, two trains derailed near Bahanaga Bazaar station,...

Read In DetailRead more about Odisha: Two Trains Derail near Bahanaga Bazaar, Helpline Numbers for Stranded Passengers
Mumbai, 2nd June, 2023 - The Reserve Bank of India (RBI) has taken action against Indian Overseas Bank, imposing a monetary penalty of ₹2.20 Crore (Rupees Two Crore and twenty Lakh only). The penalty was imposed for the bank's failure to comply with certain provisions of the Banking Regulation Act, 1949, as well as non-compliance with RBI's directions on various aspects, including income recognition, asset classification, provisioning norms, interest rates on deposits, and ATM security. The penalty was imposed under the authority granted to RBI by the provisions of the Banking Regulation Act. The action is based on the findings of a statutory inspection conducted by RBI, known as ISE 2021, which evaluated the bank's financial position as of March 31, 2021. During the inspection, it was revealed that Indian Overseas Bank had contravened the provisions of the Act by failing to transfer a mandatory sum equivalent to 25% of its disclosed profit for the fiscal year 2020-21 to its reserve fund. Furthermore, there was a significant discrepancy between the non-performing assets (NPAs) reported by the bank and those assessed during the inspection. The bank also offered interest rates on deposits of non-individual customers that were applicable to senior/super senior citizens in certain instances. Additionally, the bank failed to implement necessary security measures for ATMs, specifically regarding the end-to-end encryption of communication between the ATM terminal/PC and the ATM switch, within the specified timelines. The bank was issued two notices, prompting it to explain why a penalty should not be imposed for its failure to comply with the Act and RBI's directions. After considering the bank's responses, oral submissions, and additional documents submitted during the personal hearing, RBI concluded that the charges of contravention and non-compliance were substantiated, justifying the imposition of the monetary penalty. It is important to note that this penalty is not intended to challenge the validity of any transactions or agreements between the bank and its customers. The RBI's action is primarily aimed at addressing the deficiencies in regulatory compliance by the Indian Overseas Bank.
  • Nation

Indian Overseas Bank Fined Rs 2.20 Crore by RBI for Violating Banking Regulations

Mumbai, 2nd June 2023: The Reserve Bank of India (RBI) has taken action against Indian Overseas Bank, imposing a monetary...

Read In DetailRead more about Indian Overseas Bank Fined Rs 2.20 Crore by RBI for Violating Banking Regulations
Tiger Point Pune
  • PCMC
  • Pune

Lonavala Bike Accident: Youth From Pune Dead, Two Injured In Mishap Near Tiger Point

MLonavala, 3rd June 2023: A young man lost his life after a fatal accident occurred near Tiger Point, leaving two...

Read In DetailRead more about Lonavala Bike Accident: Youth From Pune Dead, Two Injured In Mishap Near Tiger Point
Students (1)
  • Education
  • Pune

Pune: 8% of Students Below Minimum Academic Standard in Maharashtra Class 10 Results, Education Department Takes Action

Pune, 3rd June 2023: Approximately 8 percent of students in the state of Maharashtra have fallen below the minimum academic...

Read In DetailRead more about Pune: 8% of Students Below Minimum Academic Standard in Maharashtra Class 10 Results, Education Department Takes Action
National Finswimming Championship
  • PCMC

Pune: PCMC Partners with Private Organizations to Operate Swimming Pools on PPP Basis

Pimpri, 3rd June 2023: Pimpri-Chinchwad Municipal Corporation (PCMC) has decided to hand over five swimming pools in the city to...

Read In DetailRead more about Pune: PCMC Partners with Private Organizations to Operate Swimming Pools on PPP Basis
Weather Rain
  • Maharashtra
  • Pune

Pune Weather Forecast: Below-Average Monsoon Expected for Most of Maharashtra

Pune, 3rd June 2023: The state of Maharashtra is likely to experience approximately 95 percent of the average rainfall during...

Read In DetailRead more about Pune Weather Forecast: Below-Average Monsoon Expected for Most of Maharashtra
Tur
  • Nation

Government of India Implements Stock Limits on Tur and Urad Dal to Curb Hoarding and Ensure Affordability

New Delhi, 2nd June 2023: In a bid to curb hoarding and speculative practices while promoting affordability for consumers, the...

Read In DetailRead more about Government of India Implements Stock Limits on Tur and Urad Dal to Curb Hoarding and Ensure Affordability
Kharadi Land
  • Pune

Pune’s Efforts to Combat River Pollution Strengthened with Acquisition of Kharadi Land for Sewage Treatment Plant

Pune, 2nd June 2023 - The Pune Municipal Corporation (PMC) has successfully acquired the site of the Forest Department at...

Read In DetailRead more about Pune’s Efforts to Combat River Pollution Strengthened with Acquisition of Kharadi Land for Sewage Treatment Plant
HSC SSC Board Pune
  • Pune

Pune: Maharashtra State Board Launches Online Counseling Service for Class 10 Students Battling Post-Exam Depression

Pune, 2nd June 2023: The Maharashtra State Board of Secondary and Higher Secondary Education has introduced an online counseling service...

Read In DetailRead more about Pune: Maharashtra State Board Launches Online Counseling Service for Class 10 Students Battling Post-Exam Depression

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Commissioner Amitesh Kumar
  • Pune

Pune Police Commissioner Amitesh Kumar on Ganeshotsav: ‘This Year Will Look Different’

Accident
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Pune: Girl Dies After Two-Wheeler Carrying Father, Two Daughters Comes Under Container in Katraj

Concerns Over Vehicle With Over 55 Challans Worth Rs 1 Lakh Using Device or Technology to Conceal Number Plate on Mumbai-Pune Expressway
  • Mumbai
  • Pune

Concerns Over Vehicle With Over 55 Challans Worth Rs 1 Lakh Using Device or Technology to Conceal Number Plate on Mumbai-Pune Expressway

Special Train
  • Railway News

Pune Rail Block: Indore, Jaipur, Jodhpur, Jabalpur Trains Affected for 15 Days

Assam Man Working as Amazon Delivery Associate Missing from Aundh Since August 31
  • Pune

Pune: Assam Man Working as Amazon Delivery Associate Missing from Aundh Since August 31

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