RBI imposes penalty of Rs 1 cr on Bank of India

Bank of India announced that the Reserve Bank of India vide its communication dated 03 September 2018 has levied a penalty of Rs 1 crore on account of 'Violation of RBI guidelines on Frauds - Classification and Reporting' in the account of Winsome Diamond and Jewellery and Forever Precious Diamond and Jewellery.

Powered by Capital Market - Live News