RBI Slaps ₹1.61 Crore Fine on Indian Bank — Ouch!
The Reserve Bank of India (RBI) just hit Indian Bank with a ₹1.61 crore penalty for—you guessed it—not following regulations. Somewhere, a compliance officer is probably updating their resume right now. Indian Overseas Bank Pays Up ₹63.60 Lakh for Non-Compliance Indian Overseas Bank (IOB) wasn’t spared either. They’re coughing up ₹63.60 lakh for failing to … Read more