RBI fines SBI and Jana Small Finance Bank for certain non-compliances – Times of India

RBI fines SBI and Jana Small Finance Bank for certain non-compliances – Times of India

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, it has levied a fine of Rs 1,72,80,000 on SBI for failing to adhere to guidelines concerning “Loans and Advances-Statutory and Other Restrictions”, “Customer Protection…

Read More