RBI imposes Rs 1.67 crore penalty on Ola Financial Services - Shahpur Turk CSC - Common Service Centre in Sonipat RBI imposes Rs 1.67 crore penalty on Ola Financial Services

17 July 2022

RBI imposes Rs 1.67 crore penalty on Ola Financial Services

The Reserve Bank on Tuesday imposed a penalty of over Rs 1.67 crore on Ola Financial Services for non-compliance with certain provisions related to pre-paid payment instruments and Know Your Customer norms.

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