Download the app
App StorePlay Store
Beige
Login
← All tags

penalty

Telangana High Court swaps four years jail for just 500 fine in husband death case

Telangana High Court swaps four years jail for just 500 fine in husband death case

The Telangana High Court upheld a woman’s conviction in her husband’s death case but replaced her four-year jail term with a ₹500 fine. The court accepted that the stabbing occurred during a sudden quarrel, not with premeditation, and said returning her to prison was unnecessary despite the finding of guilt.

Summarised by Beize from a story on Republic on 12 May 2026
RBI slaps Bandhan Bank with penalty over risk review and director loan lapses

RBI slaps Bandhan Bank with penalty over risk review and director loan lapses

The RBI has imposed a penalty on Bandhan Bank, citing failures in periodic risk categorisation reviews for certain accounts. The regulator also pointed to sanctions of director-related loans. Separately, the RBI has penalised Muthoot Housing Finance Company as well, underscoring stricter oversight on banks and housing lenders’ risk and related-party lending compliance.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

Your news, in seconds

App StorePlay Store
RBI penalizes Ebix Payment Services and two banks for regulatory noncompliance

RBI penalizes Ebix Payment Services and two banks for regulatory noncompliance

The Reserve Bank of India has imposed penalties on Ebix Payment Services, along with Dr Babasaheb Ambedkar Nagari Sahakari Bank and Hardoi Jilla Sahkari Bank. The action follows regulatory non-compliance identified by the central bank, highlighting tighter scrutiny of adherence to RBI rules across payment and cooperative banking entities.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Bank pays Rs 3.21 lakh for credit card closure delay RBI penalties can reach this much

Bank pays Rs 3.21 lakh for credit card closure delay RBI penalties can reach this much

RBI rules require card issuers to complete credit card closure within seven working days. If they fail, they must pay a penalty of Rs 500 per calendar day of delay to the cardholder, until closure—assuming there is no outstanding balance. In one case, the compensation reached Rs 3.21 lakh, highlighting how quickly delays add up.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Mumbai airport fines AIASL 10 lakh after dolly mishap damages parked Gulf Air plane

Mumbai airport fines AIASL 10 lakh after dolly mishap damages parked Gulf Air plane

Mumbai’s airport operator MIAL imposed a Rs 10 lakh penalty on ground handler AI Airport Services Ltd (AIASL) after a collision with a parked Gulf Air aircraft. The damage was linked to a detached dolly, but the fallout has gone beyond repairs, adding reputational harm and financial strain for the airport authorities.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
IndiGo peanuts penalty after December chaos raises bigger questions

IndiGo peanuts penalty after December chaos raises bigger questions

IndiGo’s INR22 crore penalty for the December operational chaos is a record, but the punishment feels small compared with the airline’s revenue and the scale of the disruption. The penalty’s size is headline-grabbing, yet it leaves key questions unanswered about what went wrong, why it was capped, and whether customers and system safeguards will actually change.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

Never miss a story

App StorePlay Store
Page 1

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.

Download on the App StoreGet it on Google Play