A- A A+
Last Updated : Nov 20 2019 11:11PM     Screen Reader Access
News Highlights
Lok Sabha passes Chit Funds (Amendment) Bill, 2019            42 projects under Himayat Mission sanctioned in J&K            GSTN dismisses complaints regarding its system's non-functioning            IFFI 2019: India's mega film festival begins in Goa            SEBI approves stricter disclosure norms for listed companies           

Business News

Nov 08, 2019
9:02AM

RBI imposes Rs 5 lakh fine on Oxigen Services

FILE PIC
The Reserve Bank yesterday said that it has imposed a fine of Rs 5 lakh on prepaid payment instrument Oxigen Services. 

The RBI  said in a release that the move was taken in exercise of powers vested under Section 30 of the Payment and Settlement Systems Act, 2007, for non-compliance of regulatory guidelines.

The fine comes through a speaking order dated September 17, 2019.Oxigen Services facilitates payment processing and money transfer services.

   Related News

Live Twitter Feed

Listen News

Morning News 20 (Nov) Midday News 20 (Nov) News at Nine 20 (Nov) Hourly 20 (Nov) (2300hrs)
समाचार प्रभात 20 (Nov) दोपहर समाचार 20 (Nov) समाचार संध्या 20 (Nov) प्रति घंटा समाचार 20 (Nov) (2305hrs)
Khabarnama (Mor) 20 (Nov) Khabrein(Day) 20 (Nov) Khabrein(Eve) 20 (Nov)
Aaj Savere 20 (Nov) Parikrama 20 (Nov)

Listen Programs

Market Mantra 20 (Nov) Samayki 20 (Nov) Sports Scan 20 (Nov) Spotlight/News Analysis 20 (Nov) Samachar Darshan 20 (Nov) Radio Newsreel 19 (Nov)
    Public Speak

    Country wide 7 (Nov) Surkhiyon Mein 7 (Nov) Charcha Ka Vishai Ha 20 (Nov) Vaad-Samvaad 19 (Nov) Money Talk 19 (Nov) Current Affairs 15 (Nov)