alexa

Search in Indianmoney's WealthPedia

 
Home News RBI imposes Rs 1 crore penalty on HDFC Bank

Read more interesting news from around the globe with Indianmoney App

Google Play
 
Get the Best Financial Advice on Tax PlanningClick Here
 
 
RBI imposes Rs 1 crore penalty on HDFC Bank

RBI imposes Rs 1 crore penalty on HDFC Bank

Thursday, January 30, 2020, 10:19 AM

The RBI has imposed a penalty of Rs.1 crore on HDFC Bank for non-compliance with KYC norms, the central bank said. The RBI in a release said that the supervisory evaluation of the bank (2016-17) revealed that the HDFC Bank had "failed to exercise ongoing due diligence" with regards to 39 current accounts opened by its customers for bidding in IPO.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter
Get It now!
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.