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Tag: penalty
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The Reserve Financial institution on Friday stated it has imposed penalties totalling Rs 2.49 crore on three banks, together with Dhanlaxmi Financial institution and Punjab and Sind Financial institution, for contravention of regulatory norms.
A penalty of Rs 1.20 crore has been... Continue reading
[ad_1] Sendwave is a remittance FinTech that helped of us ship billions of {dollars} again dwelling to households and mates. The CFPB claimed that it broke a number of guidelines, together with false promoting and illegally waiving of shopper rights. Most of those errors appear... Continue reading
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The Reserve Financial institution of India (RBI) has charged the Non-Banking Finance Firm (NBFC) L&T Finance with Rs 2.50 crore for failing to stick to sure regulatory provisions relating to rates of interest.
The statutory inspection of the corporate was performed by... Continue reading