RBI imposes monetary penalty on India's largest public sector bank SBI for non-compliance of directions
Oct 18, 2021
New Delhi [India], October 18 : The Reserve Bank of India (RBI) imposed a monetary penalty of Rs 1 crore on the State Bank of India on Monday for non-compliance with the directions contained in "RBI (Frauds classification and reporting by commercial banks and select FIs directions 2016".