Tuesday, March 16, 2021

Reserve Bank imposes Rs 2 cr penalty on SBI

Reserve Bank of India on Tuesday imposed a penalty of Rs 2 crore on State Bank of India (SBI) for contravention of norms, including specific directions to the lender on remuneration to its employees in the form of commission.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/reserve-bank-imposes-rs-2-cr-penalty-on-sbi/articleshow/81535657.cms

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