RBI imposes monetary penalty on Axis Bank, HDFC Bank
A monetary penalty of ₹1.91 crore has been imposed on Axis Bank for non-compliance with certain directions issued by RBI.
monetary penalty
September 2024
February 2024
November 2023
RBI imposes ₹2 cr penalty on SBI, ₹92 lakh on Canara, City Union Bank
RBI had recently imposed a penalty worth ₹1.30 cr on SBI for non-compliance with rules related to ‘loans and advances’, ‘intra-group transactions and exposures’
RBI imposes fines on Axis Bank, Manappuram Finance, Anand Rathi Global Finance
The central bank slapped fines of ₹90.92 lakh on Axis Bank, ₹42.78 lakh on Manappuram Finance, and ₹20 lakh on Anand Rathi Global Finance.
