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Kotak Mahindra Bank, IndusInd Bank fined Rs 1 crore by RBI for THESE reasons | Personal Finance News

The RBI said a penalty of Rs 1 crore has been imposed on IndusInd Bank for non-compliance with certain Know Your Customer (KYC) norms.

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RBI Penalises Indian Overseas Bank

RBI said on Friday it has imposed a monetary penalty of Rs 57.50 lakh on Indian Overseas Bank

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RBI Penalises Bank Of Maharashtra Rs 1 12 Crore

Reserve Bank of India has imposed a penalty of Rs 1.12 crore on Bank of Maharashtra for non-compliance with certain directions

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RBI Penalises Central Bank Of India

RBI imposed a monetary penalty of Rs 36 lakh on the Central Bank of India (CBI) for non-compliance with certain regulatory direction

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RBI Penalises Axis Bank, IDBI Bank For Non-Compliance With Regulatory Norms

RBI has imposed penalties worth Rs 93 lakh and Rs 90 lakh on Axis Bank and IDBI Bank respectively for deficiencies in regulatory compliance

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