Search For "non compliance with certain provisions"
RBI imposes Rs 25 lakh penalty on Axis Bank
Updated : 1 month ago IST
Mumbai (Maharashtra) [India], September 2 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 25 lakh on private sector lender Axis Bank for non-compliance with certain provisions of Know Your Customer (KYC) norms.
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RBI imposes Rs 1 crore fine on LVB, Rs 75 lakh on Syndicate Bank f
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], Oct 15 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on Lakshmi Vilas Bank for non-compliance with certain provisions of directions on Income Recognition and Asset Classification (IRAC) norms.
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