RBI penalises 8 banks, 1 NBFC; cancels licences of 2 NBFCs
RBI imposes financial penalty of ₹2.3 crore on Spandana Sphoorty; penalty imposed on banks ranges from ₹1 lakh to ₹40 lakh
RBI imposes financial penalty of ₹2.3 crore on Spandana Sphoorty; penalty imposed on banks ranges from ₹1 lakh to ₹40 lakh