RBI Imposes Rs 1.31 Cr Penalty On PNB; Cancels Licence Of A Karnataka-based Bank – News18
A notice was issued to PNB. RBI has imposed a monetary penalty of Rs 1.31 crore on Punjab National Bank for non compliance with certain directions related to KYC and ‘loans and advances’. The RBI on Friday said it has imposed a monetary penalty of Rs 1.31 crore on Punjab National Bank for non-compliance with…