RBI imposes penalty of Rs 1.5 cr on Bank of India

Print Posted Date : 02-Aug-2019 , 12:34:09 pm | Posted By CASANSAAR

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The Reserve Bank of India has imposed a penalty of Rs 1.5 crore on Bank of India on account of 'Non-compliance with RBI's direction on Frauds' in Rotomac Group companies.

The aforesaid penalty is required to be paid within 14 days of receipt of their order. #casansaar (Soruce - Business Stanard)

Category : RBI | Comments : 0 | Hits : 609

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