21 November 2022


RBI Imposes Fine on SBI for Failure to Comply with Fraud Classification Rules - 19.10.2021

Reserve Bank of India has slapped a fine of Rs 1 crore on State Bank of India for failing to comply with fraud classification rules. The regulator said it had conducted a probe in accounts maintained with SBI and had found it deficient in reporting frauds.

Tags : Reserve Bank of India State Bank of India

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