RBI Imposes Penalties Amounting To Nearly Rs 3 Crore On SBI, Canara Bank, City Union Bank

Tuesday, 27 February 2024
RBI has imposed Rs 2 crore penalty on SBI, Rs 66 lakh penalty on City Union Bank Limited, Rs 32.30 lakh penalty on Canara Bank and Rs 16 lakh penalty on Ocean Capital Market Ltd.

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RBI fines SBI, Canara, City Union banks for violations

Reserve Bank of India (RBI) penalised SBI, Canara Bank, City Union Bank for violating regulations. Fines imposed for various violations including exceeding share...
IndiaTimes on February 27, 2024

RBI imposes monetary penalty on State Bank of India, Canara Bank

RBI imposes penalties on SBI, Canara Bank, and Ocean Capital Market Ltd. for non-compliance. SBI fined Rs 2 crore for regulatory shortcomings. Canara Bank faces...
IndiaTimes on February 26, 2024

RBI Imposes Penalties Amounting To Nearly Rs 3 Crore On SBI, Canara Bank, City Union Bank

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