RBI imposed Rs 40.39 crore worth of Penalties on Banks, NBFCs & Others in FY 2022-23

Last updated: 20 December 2023

In a recent revelation to the Parliament on 18th Dec, Minister of State for Finance Bhagwat Karad disclosed that the Reserve Bank of India (RBI) has imposed penalties totaling Rs 40.39 crore on various financial entities, including banks, non-banking financial companies (NBFCs), and others, during t

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