Latest Breaking News On - 1 crore penalty - Page 1 : comparemela.com

Meanwhile, RBI issued a notice to State Bank of India, asking why the penalty should not be imposed on it for the contravention of the directions.

Reserve bankState bankBanking regulation actReserve bank of indiaState bank of indiaMonetary penaltyShare capitalRisk assessment reportsViolating norms1 crore penaltyPaid up share capital and reserves