RBI imposes penalties of Rs 93 lakh each on Axis and IDBI Bank

RBI imposes penalties of Rs 93 lakh each on Axis and IDBI Bank

Reserve Bank of India on Friday said it has imposed a penalty of Rs 93 lakh on Axis Bank for various violations, including those related to KYC guidelines. The central bank has also slapped a fine of Rs 93 lakh on IDBI Bank. A monetary penalty of Rs 93 lakh has been imposed on Axis Bank for violating certain provisions on […]

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