RBI has imposed a fine on IndusInd Bank for non-compliance of certain provisions of the norms related to interest rate on deposits. At the same time, RBI has also taken action against Manappuram Finance for non-compliance of certain provisions of KYC norms. The Reserve Bank of India (RBI) has imposed a fine of Rs 27.30 … Continue reading RBI imposes penalty against these two banks for violating the rules, check details