Axis Bank Fined Rs 1.91 Crore, HDFC Bank Fined Rs 1 Crore By RBI On THESE Charges
New Delhi: Reserve Bank Of India (RBI) has imposed Rs 2.91 crore monetary penalty on Axis Bank Limited and HDFC Bank Limited over non-compliance of the central bank’s directives. “The Statutory Inspection for Supervisory Evaluation (ISE 2022) of the bank was conducted by RBI with reference to its financial position as on March 31, 2022….