The Reserve Bank has imposed fines of Rs 14.5 crore on 14 banks in the country

If your account is with SBI, Bank of Baroda, Indusland Bank and Bondhan Bank, the news is important to you. The Reserve Bank of India has fined 14 banks, including these four. All of them have been convicted of violating a number…

 

If your account is with SBI, Bank of Baroda, Indusland Bank and Bondhan Bank, the news is important to you. The Reserve Bank of India has fined 14 banks, including these four. All of them have been convicted of violating a number of regulatory rules.

All these 14 banks have been fined a total of Tk 14.5 crore, of which Bank of Baroda has been fined the most at Tk 2 crore.This is followed by Bandhan Bank, Bank of Maharashtra, Central Bank of India, Credit Suissey AG, Indian Bank, Indusland Bank, Karnataka Bank, Karur Vaishya Bank, Punjab and Sind Bank, South Indian Bank, Jammu and Kashmir Bank. Done. State Bank of India, the country's largest bank, will be fined Rs 50 lakh.