Don't trivialise penalties - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Manappuram Anand Rathi Global Finance Penalised For Regulatory Non Compliance - BW Businessworld businessworld.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessworld.in Daily Mail and Mail on Sunday newspapers.
Reserve Bank of India (RBI) has imposed monetary penalties worth Rs62.78 lakh on Manappuram Finance Ltd and Anand Rathi Global Finance Ltd for violating various laws prescribed by the regulator. The central bank imposed a Rs42.78 lakh penalty on Manappuram Finance from Kerala and Rs20 lakh on Anand Rathi Global Finance from Mumbai.