RBI imposes Rs 1 cr fine on Fino Payments Bank for opening new a/c despite directions

RBI imposes Rs 1 cr fine on Fino Payments Bank for opening new a/c despite directions Earlier in May, the RBI had directed the Mumbai-based payments bank to halt account opening functions till it modifies its processes to adhere to the regulator#39;s rules on deposit limit

from Moneycontrol Business News
Read The Rest:moneycontrol...