Search For "kyc norms"
RBI imposes Rs 5 cr penalty on Airtel Payments Bank
Updated : 8 years, 2 months ago IST
New Delhi [India], Mar. 10 (ANI): The Reserve Bank of India (RBI) imposed a penalty of Rs. 5 crore on Airtel Payments Bank, the financial services arm of Bharti Airtel Limited, for violating operating guidelines and Know Your Customer (KYC) norms.
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RBI charges fine on IOB over non-compliance with KYC norms
Updated : 8 years, 2 months ago IST
Mumbai (Maharashtra) [India], Mar. 5 (ANI): The Reserve Bank of India (RBI) imposed a monetary penalty of Rs.20 million on Indian Overseas Bank for non-compliance with the directions issued by the former regarding Know Your Customer (KYC) norms.
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RBI imposes monetary penalty on Union Bank of India
Updated : 8 years, 9 months ago IST
New Delhi [India], July 31 (ANI): The Reserve Bank of India (RBI) had earlier this week imposed a monetary penalty of Rs. 10 million on Union Bank of India for non-compliance with the directions issued by the apex bank on Know Your Customer (KYC) norms.
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Adarsh Credit Cooperative Society welcomes RBI's move to open up UPI
Updated : 8 years, 9 months ago IST
New Delhi [India], Mar 20 (ANI-NewsVoir): Digital wallets are set to be inter operable as Reserve Bank of India (RBI) prepares to open up the Unified Payments Interface platform as a part of government's digitization program. RBI is expected to issue guidelines shortly on interoperabili
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