RBI Fines City Union Bank, Mintifi Finserve, Newa Investments for Non-Compliance
En resumen
The Reserve Bank of India has fined City Union Bank (Rs 10.10 lakh) for incorrect loan charges and data reporting, Mintifi Finserve (Rs 3.10 lakh) for delayed KYC uploads, and Newa Investments (Rs 2.70 lakh) for appointing directors without RBI approval.
Resumen generado por IA
The Reserve Bank of India has fined City Union Bank (Rs 10.10 lakh) for incorrect loan charges and data reporting, Mintifi Finserve (Rs 3.10 lakh) for delayed KYC uploads, and Newa Investments (Rs 2.70 lakh) for appointing directors without RBI approval.