RBI imposes Rs 1 cr penalty on SBI - IBTimes India
The bank was notified to show cause "why a penalty should not be levied for the non-compliance with the aforementioned directives".
Source: ibtimes.co.in
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The bank was notified to show cause "why a penalty should not be levied for the non-compliance with the aforementioned directives".
The RBI, on Monday, imposed a monetary penalty of Rs 1 crore on the SBI.
The Reserve Bank of India (RBI) on Monday imposed a monetary penalty of Rs 1 crore on the State Bank of India.The penalty was imposed on the lender for non-compliance with the directions contained in 'Reserve Bank of India (Frauds ...