Manappuram Finance fined Rs 17.63 lakh by the RBI for failing to comply with KYC regulations
The Reserve Bank of India (RBI) said it has imposed a monetary penalty of Rs 17.63 lakh on Manappuram Finance Limited for non-compliance of norms related to Know Your Customer (KYC) and Prepaid Payment Instruments (PPIs). KEY POINTS: The Reserve Bank of India (RBI) has imposed monetary penalty of Rs 17,63,965 on Manappuram Finance Limited […]