RBI slaps penalties on Axis, IDBI Bank - Shahpur Turk CSC - Common Service Centre in Sonipat RBI slaps penalties on Axis, IDBI Bank

12 April 2022

RBI slaps penalties on Axis, IDBI Bank

Reserve Bank of India on Friday said it has imposed a penalty of Rs 93 lakh on Axis Bank for various violations, including those related to KYC guidelines. The central bank has also slapped a fine of Rs 90 lakh on IDBI Bank.

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