RBI Fines State Bank of India, Canara Bank, and City Union Bank
The Reserve Bank of India (RBI) has wielded its regulatory authority, slapping substantial penalties on major banks for non-compliance with various norms. State Bank of India (SBI), Canara Bank, and City Union Bank find themselves in the regulatory crosshairs, with fines totaling almost Rs 3 crore. State Bank of India (SBI) The central bank announced … Read more