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RBI imposes penalty on SBI, Indian Bank, Punjab & Sind Bank
Credit: IndiaTimes- Published on September 25, 2023
The RBI has imposed penalties on SBI, Indian Bank, and Punjab & Sind Bank, for violating various regulatory norms. SBI has been fined Rs 1.3 crore for non-compliance with certain directions on loans and advances, while Indian Bank has been fined Rs 1.62 crore for contravening directions on loans and advances, KYC, and interest...
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The RBI has fined three state-owned banks, including SBI and Indian Bank, for violating regulatory standards. SBI has been fined Rs 1.3 crore for failing to...
on September 25, 2023 • IndiaTimes