compliance failure

RBI Levied Monetary Penalties totaling Rs. 2.206 crore on 5 Leading Banks

4 May 2025 by Aditya Narayan Parida

The Reserve Bank of India (RBI) has levied monetary penalties totaling Rs. 2.206 crore on five leading Indian banks for various lapses in regulatory compliance. The banks penalized include ICICI Bank, Axis Bank, IDBI Bank, Bank of Maharashtra, and Bank …

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