NEW DELHI: The Reserve Bank of India (RBI) on Friday fined State Bank of India and Jana Small Finance Bank for failing to follow certain regulatory non-compliances. According to the RBI ...

In a similar move, the RBI also imposed a ₹1 crore fine on Jan Small Finance Bank Limited for violating provisions of the Banking Regulation Act, 1949. However, the specific provisions that were ...

The bank should focus on stabilising the asset quality by increasing recoveries from the written-off portfolio ...

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