RBI imposes penalty on PNB, Federal Bank, and 2 other entities dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
Mumbai, Nov 3 (PTI) The Reserve Bank on Friday said it has imposed a Rs 72 lakh penalty on state-owned Punjab National Bank and a Rs 30 lakh penalty on private sector Federal Bank for non-compliance with certain regulatory norms.
RBI imposes penalty on PNB, Federal Bank, 2 other entities financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
The RBI s decision came after a statutory inspection of L&T Finance Limited, which covered its financial position as of March 31, 2021, and March 31, 2022.
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