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RBI imposes monetary penalties on Axis Bank, IDBI Bank: Details here

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers, RBI added for penalties imposed on both lenders. ....

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RBI imposes Rs 30 lakh penalty on Pune-based Janata Sahakari Bank

The Reserve Bank of India (RBI) has imposed a penalty of Rs 30 lakh on Janata Sahakari Bank Ltd, Pune for non-compliance with certain directions. ....

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