RBI slaps Rs 1 crore fine on Indian Bank for violating cyber security norms

The RBI has imposed, by an order dated November 30, 2018, a monetary penalty of Rs 10 million on Indian Bank for contravention of Circular on Cyber Security Framework in banks, the central bank said in a release.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2QORciQ