Reserve Bank of India imposes monetary penalty on the following banks based on the inspection conducted by RBI
RBI imposes Monetary Penalty on the following banks
Bank of India - Imposed a monetary penalty of ₹ 70,00,000/-
Federal Bank Limited - Imposed a monetary penalty of ₹ 5,72,00,000 /-
Dhani Loans and Services Limited, Gurugram - Imposed a monetary penalty of ₹ 7,60,000 /-