IndusInd Bank faces a penalty of ₹27 lakh from the Reserve Bank of India due to non-compliance with norms regarding savings accounts for ineligible entities.
The Reserve Bank of India (RBI) imposes a penalty of ₹27 lakh on IndusInd Bank for not complying with norms. The Bank was fined for opening savings accounts for ineligible entities.
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First Published:20 Dec 2024, 06:51 PM IST
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