
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 […]