RBI imposes Rs 1 crore penalty on Union Bank of India

Zee News This penalty has been imposed in exercise of powers vested in RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) and 51(1) of the Banking Regulation Act, 1949 (the Act). https://ift.tt/eA8V8J November 29, 2021 at 11:47PM This penalty has been imposed in exercise of powers vested in RBI under the provisions of section 47A(1)(c) read with sections 46(4)(i) and 51(1) of the Banking Regulation Act, 1949 (the Act).

from Zee News :Business https://ift.tt/32DbGmh
via IFTTT