RBI imposes penalties of Rs 93 lakh each on Axis and IDBI Bank – Reserve Bank of India has imposed a penalty of Rs 93 lakh on Axis Bank and IDBI Bank for various violations, including those related to KYC guidelines.
- RBI imposed a monetary penalty of Rs 93 lakh on Axis Bank for non-compliance with certain directions.
- RBI imposed a monetary penalty of Rs 93 lakh on IDBI Bank for non-compliance with directions on ‘frauds – classification and reporting by commercial banks and select financial institutions’.
★★★★ You Can Also Read ★★★★
|Computer Awareness Quiz Questions Set (Banking)|
|Read Daily Current Affairs Topic Wise|
|Daily Current Affairs Quiz (Current GK Test)|
|Static Gk Quiz Questions and Answers|
For all the latest Updates, download PrepareExams App.