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.
India Business News: MUMBAI: The Reserve Bank of India on Friday said it has imposed a Rs 72 lakh penalty on state-owned Punjab National Bank and a Rs 30 lakh penalty on p.
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.