Latest: Penalty imposed by RBI on various banks 14 Aug 2023
Penalties imposed by RBI on various banks on 14 August 2023. The Reserve Bank of India (RBI) has issued an order dated August 07, 2023, imposing a monetary penalty of ₹5.00 lakh (Rupees Five Lakh only) on Baroda Gujarat Gramin Bank, Vadodara (Gujarat). The penalty stems from the bank’s failure to adhere to the guidelines … Read more