The Reserve Bank of India (RBI) has imposed penalties on three state-owned banks, including the State Bank of India (SBI), Indian Bank, and Punjab & Sind Bank, for various regulatory violations. The largest penalty of ₹1.30 Crore was imposed on SBI for non-compliance with RBI directives related to ‘Loans and Advances – Statutory and Other Restrictions’ and ‘Guidelines on Management of Intra-Group Transactions and Exposures’. Indian Bank faced a ₹1.62 Crore penalty for contravention of directions on loans, KYC, and interest rates on deposits. Punjab & Sind Bank received a ₹1 Crore penalty for non-compliance with provisions of the depositor education and awareness fund scheme. Additionally, Fedbank Financial Services Limited was fined ₹8.80 lakh for non-compliance with fraud monitoring directions for Non-Banking Financial Companies (NBFCs). These penalties are related to regulatory compliance deficiencies and don’t impact the validity of customer transactions or agreements with these banks.
By FCCT Editorial Team freeslots dinogame telegram营销
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}