RBI Fines Four State-Owned Banks The Reserve Bank of India h | EQUITY SURESHOT CALLS HUNTER
RBI Fines Four State-Owned Banks
The Reserve Bank of India has imposed penalties ranging between Rs 25-50 lakhs on four state-run lenders for violating Know Your Customer norms and regulations relating to opening of current accounts.
Punjab National Bank, Allahabad Bank, and UCO Bank were fined Rs 50 lakh each.
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