RBI Imposes Rs 3.7-Crore Penalties on Visa, Ola, Manappuram Finance – News18
RBI says the penalties are based on deficiencies in regulatory compliance. A penalty of Rs 2.4 crore has been imposed on Visa Worldwide Pte Limited and Rs 41.5 lakh on Manappuram Finance Limited; while a fine of Rs 87.55 lakh has been slapped on Ola Financial Services in two cases. The RBI has imposed a…