The RBI has slapped a fine of Rs 13.3 lakh on SVC Co-operative Bank Ltd., Mumbai as it was imposing annual maintenance charges for ATM cards in Basic Savings Bank Deposit Accounts in violation of the central bank s directions.
What we have in India today is a well-regulated and well-supervised banking sector and even the NBFCs sector and other financial entities come under the RBI s domain, says RBI Governor
Congress leader Manish Khanduri from Uttarakhand recollects and provides insights into what goes behind the Yatra and how Congress communications in-charge Jairam Ramesh coordinates media interactions