RBI imposes penalties on banks pertaining non compliance of certain norms

RBI imposes penalties on banks pertaining non compliance of certain norms: The Reserve Bank of India (RBI) said that it has imposed a monetary penalty on Bank of India (BOI) and Karnataka Bank. According to the regulator, the BOI faced penalty of five crore rupees because of non-compliance with certain norms pertaining to the provisions of the directions issued by it on

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

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