New Delhi: The Reserve Bank of India (RBI) on December 15, imposed a penalty of Rs 30 lakh on ICICI Bank and Rs 1.8 crore on Punjab National Bank (PNB) due to certain rule violations, the RBI said in a press release.
The RBI inspections revealed non-compliance with the directions to the extent the bank levied charges for non-maintenance of minimum balance in saving accounts, which were not directly proportionate to the extent of the shortfall observed, the RBI said, Moneycontrol reported.
Bhubaneswar: A day before the Pravasi Bharatiya Divas kicks off here, the Global Organization of…
Bhubaneswar: The Capital Region Urban Transport (CRUT) on Tuesday announced launch of two new services…
Hyderabad: Allu Arjun’s ‘Pushpa 2: The Rule’ has broken all box-office records by crossing the…
Dhaka: Bangladesh’s interim government, headed by Nobel Laureate Muhammad Yunus, has revoked the passports of 97…
Dubai: South superstar Ajith Kumar, who is gearing up to participate in the Dubai 24…
New Delhi: Hours after a powerful earthquake jolted Tibet, several aftershocks -- including a 4.1…
This website uses cookies.
