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RBI imposes monetary penalty on Manappuram Finance, Anand Rathi Global Finance

The central bank has imposed a monetary penalty on Manappuram Finance of Rs 42.78 lakh and Rs 20 lakh on Anand Rathi Global Finance. ....

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RBI Imposes Rs 90.92 Lakh Penalty on Axis Bank, Rs 42.78 Lakh Fine on Manappuram Finance

RBI Imposes Rs 90.92 Lakh Penalty on Axis Bank, Rs 42.78 Lakh Fine on Manappuram Finance for non-compliance with rules ....

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axis bank: RBI slaps fines on Axis Bank, Manappuram Finance

The Reserve Bank of India (RBI) has levied a monetary penalty of Rs 90.92 lakh on Axis Bank and Rs 42.78 lakh on gold loan firm Manappuram Finance for non-compliance with specific directions of the banking sector regulator. This penalty is attributed to the violation of guidelines outlined by the RBI on various aspects, as detailed in the Reserve Bank of India (KYC) Directions, 2016. ....

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Latest News | RBI Slaps Fines on Axis Bank, Manappuram Finance

Get latest articles and stories on Latest News at LatestLY. The Reserve Bank on Thursday imposed a monetary penalty of Rs 90.92 lakh on Axis Bank and Rs 42.78 lakh on gold loan firm Manappuram Finance for violation of certain directions of the banking sector regulator.
Latest News | RBI Slaps Fines on Axis Bank, Manappuram Finance. ....

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Manappuram, Anand Rathi Global Finance face monetary penalty for non-compliance

The Reserve Bank has imposed monetary penalties on Manappuram Finance and Anand Rathi Global Finance for deficiencies in regulatory compliance. ....

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