Mumbai: The Reserve Bank of India (RBI) has imposed a penalty of Rs 75 lakh on HDFC Bank, the country’s largest private ...

The Reserve Bank of India has imposed penalties on HDFC Bank, Punjab & Sind Bank, and KLM Axiva Finvest for regulatory ...

The Reserve Bank of India (RBI) has imposed a penalty of Rs 75 lakh on HDFC Bank, the country’s largest private sector lender ...

A penalty of ₹ 75 lakh on HDFC Bank has been imposed for non-compliance with certain directions issued by RBI on 'Know Your Customer' (KYC), the central bank said in a statement.

Mumbai: RBI Governor Sanjay Malhotra with FATF President Elisa de Anda Madrazo during the inaugural session of the Financial ...

According to RBI, the HDFC Bank did not categorise certain customers into low, medium or high risk category based on its ...

RBI clarified that this monetary penalty is specifically related to deficiencies in regulatory compliance and does not reflect the validity of any transactions or agreements entered into by the bank ...