RBI imposes penalty on Bank of India, Bandhan Bank
Wednesday, 13 March 2024 The RBI has imposed penalties on Bank of India, Bandhan Bank, and Indostar Capital Finance Ltd for non-compliance with regulatory norms. Bank of India was fined for violating directions on interest rates, customer service, and Credit Information Companies Rules, 2006. Bandhan Bank and Indostar Capital Finance Ltd were penalized for non-compliance with certain directions.
The Indian Bank is a prominent public sector bank in India (PSU) that was nationalized and operates under the Ministry of Finance, Government of India. It was founded in the year 1907, and its..
Wednesday, 13 March 2024
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