RBI: RBI took major action against ICICI and Kotak Mahindra Bank, imposed a fine of Rs 16 crore... The Reserve Bank of India has taken action against ICICI and Kotak Mahindra Bank for not following regulatory rules.
Inflation increased to 7.4 percent in July due to vegetable prices, now prices are falling, statement of Shaktikant Das... RBI Governor Shaktikanta Das says inflation rose to more than 7 percent in July due to vegetable prices.
These banks took the digital currency of the Reserve Bank hand-in-hand, so many transactions happened on the first day... RBI started testing its digital currency pilot program in India on 1 November.
Strict action of RBI, fine of crores imposed on these 2 big banks; Don't you have an account?... The RBI has imposed a fine of one crore each on two big banks Kotak Mahindra Bank and IndusInd Bank for non-compliance with the rules.
