Monday, October 28, 2019

RBI imposes Rs 35 lakh fine on Tamilnad Mercantile Bank

RBI imposes Rs 35 lakh fine on Tamilnad Mercantile Bank The bank has been penalised for "non-compliance with certain provisions of directions issued by RBI on frauds classification and reporting by commercial banks and select FIs directions 2016," the RBI said in a release on October 25.

from Moneycontrol Business News https://ift.tt/364zLzE

No comments:

Post a Comment

HDFC Bank submits two candidates to RBI for next CEO

India's ​largest ​private lender HDFC Bank has ‌submitted ⁠the ⁠names ​of two candidates ​to the ​Reserve Bank ⁠of India ‌for ​the ​posi...