IndusInd Bank fined Rs 27 lakh by RBI for irregularities

IndusInd Bank fined Rs 27 lakh by RBI for irregularities

2024-12-20 18:51:49 :

Industrial Bank faces fine $The Reserve Bank of India suffered a loss of Rs 27 lakh due to non-compliance with norms regarding savings accounts of non-qualified entities.

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PublishedDecember 20, 2024 6:51 pm IST

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Reserve Bank of India (RBI) imposes fine $IndusInd Bank was fined Rs 27 lakh for non-compliance with norms. The bank was fined for opening savings accounts with unqualified entities.

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first release:December 20, 2024 6:51 pm IST

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