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Business News | RBI Imposes over Rs 1.73-cr Fine on HSBC for Wrong Credit Card Data

Get latest articles and stories on Business at LatestLY. The statutory inspection for supervisory evaluation (lSE) of the bank was conducted by RBI with reference to its financial position as on March 31, 2021, and the examination of the Risk Assessment Report and all related correspondences pertaining to the same, the central bank said. Business News | RBI Imposes over Rs 1.73-cr Fine on HSBC for Wrong Credit Card Data. ....

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RBI imposes over Rs 1.73-cr fine on HSBC for wrong credit card data

The Reserve Bank of India (RBI) has imposed a penalty of Rs 1,73,75,000 on The Hongkong and Shanghai Banking Corporation Limited (HSBC Ltd) for the contraventio ....

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RBI imposes Rs 1.73 crore penalty on HSBC for incorrect credit information

Penalty was imposed for contravention of Credit Information Companies Rules, 2006. ....

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RBI imposes ₹1.73 crore fine on HSBC for wrong credit card data

The HSBC furnished incorrect credit information in respect of a number of expired credit cards with nil dues to all four credit information companies, the RBI said ....

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RBI imposes Rs 1.74-crore fine on HSBC over compliance violation

The banking regulator said that HSBC violated rules relating to submission of information to all four credit information companies ....

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