July 6, 2024 1:41 PM
RBI penalizes five banks, including PNB, for regulatory non-compliance in first week of July
The Reserve Bank of India (RBI) penalized five banks, including Punjab National Bank (PNB), in the first week of July for non-compliance with various RBI directions. PNB became the fifth bank to be penalized, with a penalty of Rs 1.31 crore. This pe...