RBI imposes penalty on State Bank of India

State Bank of India announced that the Reserve Bank of India has imposed a monetary penalty of Rs 50 lakh on the Bank for failure to ensure taking utmost care about data accuracy and integrity while submitting the data on large credit to the Reserve Bank.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Jul 08 2021 | 2:14 PM IST
