An examination of the SSI report and all related correspondence pertaining to the same revealed that the bank failed to report a few accounts as frauds to the RBI.
Get latest articles and stories on Latest News at LatestLY. The RBI on Friday said it has imposed a penalty of Rs 30 lakh on Karur Vysya Bank for non-compliance with certain provisions related to fraud classification and reporting by commercial banks. Latest News | RBI Imposes Rs 30 Lakh Penalty on Karur Vysya Bank.
New Delhi [India], April 5 (ANI/PNN): The government has been initiating and rolling out many policy measures and reforms to achieve the vision of a USD 5 trillion Indian Economy by the year 2025
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