On which bank did RBI impose a monetary penalty of Rs.1 crore for non- – InterviewSolution

InterviewSolution

1.	On which bank did RBI impose a monetary penalty of Rs.1 crore for non-compliance with certain directions on 'Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016'?
Answer» RBI has imposed a monetary penalty of Rs.1 crore on IndusInd Bank for non-compliance with certain directions issued by RBI on 'RBI (KYC) Directions, 2016'.

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