Karnataka Government issues notice to schools for compliance of order mandating singing of National Anthem

Karnataka Government has issued notices to schools and asked them to ensure that the National Anthem is sung after daily prayers. The notices were issued to three schools in Bengaluru for non-compliance after reports. Schools have reportedly agreed to comply to the government order.The notices were issued to St…

RBI penalises Union Bank of India with Rs 1 crore fine for non-compliance

The Reserve Bank of India (RBI) on Monday said it has imposed a penalty of Rs 1 crore on Union Bank of India for deficiencies in regulatory compliance. The penalty was imposed by an order dated November 25 for non-compliance with the certain provisions of directions issued by the RBI contained in “Reserve Bank of…