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RBI imposes monetary penalties on two Indian banks and a NBFC for non-compliance!

RBI has imposed monetary penalties on two Indian banks and one NBFC for non-compliance

Aniket Gogate 1 3475 Article rating: 3.5

The Reserve Bank of India (RBI) has imposed monetary penalties on two Indian banks and one non-banking financial company (NBFC) for non-compliance with certain regulatory requirements. The penalties imposed on these banks and one NBFC are significant and should serve as a deterrent to other financial institutions. The RBI's actions are a reminder that all financial institutions must comply with regulations and put the interests of their customers first.

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DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

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