RetourRBI Fines City Union Bank, Mintifi Finserve, Newa Investments for Non-Compliance

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Economic Times22/05/2026BusinessIndia

RBI Fines City Union Bank, Mintifi Finserve, Newa Investments for Non-Compliance

Reserve Bank of India RBI City Union Bank

L'essentiel

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.

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Read the full article on Economic Times

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Reserve Bank of India

SujetsRBI City Union Bank Mintifi Finserve Newa Investments monetary penalty non-compliance

This article was originally published by Economic Times.

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