Friday, May 29, 2020

RBI slaps Rs 4 crore penalty on Citibank NA and Rs 1.45 crore on three other banks for flouting rules

The regulator said the penalty on Citibank was for not adhering to the directions related to customer credentials.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-slaps-rs-4-crore-penalty-on-citibank-na-and-rs-1-45-crore-on-three-other-banks-for-flouting-rules/articleshow/76095472.cms

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