RBI

RBI Imposes ₹11 Cr Fine On Seven PSBs For Violating Norms

RBI Imposes ₹11 Cr Fine On Seven PSBs For Violating Norms

MUMBAI — The Reserve Bank on Friday said it has imposed a collective penalty of ₹11 crore on seven public sector banks for violating norms on current account opening. Allahabad Bank and Bank of Maharashtra have been imposed a fine of ₹2 crore each, Bank of Baroda, Bank of India, Indian Overseas Bank and United Bank of India […]

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