Reserve Bank of India imposes monetary penalty on Bajaj Finance Ltd. and various banks

Last updated: 06 January 2021


Reserve Bank of India imposes monetary penalty on Bajaj Finance Limited The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹2.50 crore (Rupees Two crore Fifty lakh only) on Bajaj Finance Limited, Pune (the company), by an order dated January 05, 2021, for violation of (i) direction

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