RBI Recovers from Post-PNB Scam Stress; Comes Down Hard on Non-Compliant Banks

In a bid to prevent embarrassments like the ‘PNB Scam’ in future, the Reserve Bank of India has slapped fines on several premium public and private sector banks for failure to comply with a set of guidelines issued in February 2018.  HEAD SHOT RBI has fined 36 Banks over 71 Crore for non-compliance of regulatory … Continue reading RBI Recovers from Post-PNB Scam Stress; Comes Down Hard on Non-Compliant Banks