Aug 14, 09:27 AM
The Reserve Bank of India (RBI) has imposed monetary penalties on several banks, including a 10.6 million rupee penalty on Union Bank of India and penalties on CSB Bank. The penalties are part of regulatory actions aimed at ensuring compliance with financial regulations.
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Sources
Reuters Business
Malaysia cbank imposes penalties on 4 banks over service disruptions https://t.co/6U3hzDHHri https://t.co/vVjxXChlAQ
Reuters Malaysia cbank imposes penalties on 4 banks over service disruptions https://t.co/gUi55hjfUI https://t.co/8n8hx744jI
PiQ ⚠ BANK NEGARA MALAYSIA: ADMINISTRATIVE MONETARY PENALTY OF RM4,320,000 ALSO IMPOSED ON MALAYAN BANKING BERHAD AND MAYBANK ISLAMIC BERHAD FOR PROLONGED DISRUPTIONS IN SEVERAL BANKING SERVICES
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