5 December 2022


RBI Imposes Penalty on Equitas for Selling MF, Insurance Products Without Approval - 09.03.2018

Reserve Bank of India (RBI) has imposed a penalty of Rs 10 lakh on Equitas Small Finance Bank for distributing mutual fund (MF), insurance and wealth management without taking prior approval from regulator.

Tags : Reserve Bank of India Equitas Small Finance Bank

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