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The Reserve Bank of India imposed a monetary penalty on five banks --ICICI Bank, Axis Bank, Bank of Maharashtra, Bank of Baroda and IDBI Bank. ICICI Bank was fined ₹97.8 lakh, Axis Bank ₹29.6 lakh, Bank of Maharashtra ₹31.8 lakh, Bank of Baroda ₹61.4 lakh and IDBI Bank ₹
RBI Fines ICICI, Axis, 3 Other Key Banks Over Lack Of Regulatory Compliances https://t.co/mcpfB9f8sm https://t.co/OO8emE9tub
با بانکهایی که وام به مسکن ندادند برخورد میشود https://t.co/Vvas2fFQ32
The Reserve Bank of India (RBI) has imposed monetary penalties on five major banks for violating regulatory norms. The banks fined include ICICI Bank, Axis Bank, Bank of Maharashtra, Bank of Baroda, and IDBI Bank. The penalties are a result of compliance failures identified by the RBI. The specific fines are as follows: ICICI Bank was fined ₹97.8 lakh, Axis Bank ₹29.6 lakh, Bank of Maharashtra ₹31.8 lakh, Bank of Baroda ₹61.4 lakh, and IDBI Bank was also penalized, though the exact amount was not specified. Additionally, the RBI has indicated it will take action against banks that have not provided housing loans as required.
