RBI fines 19 banks including SBI, ICICI for non-compliance of SWIFT guidelines

The Reserve Bank of India has fined 19 banks, including India's largest bank State Bank of India and ICICI Bank, for a total of about Rs 40 crores in relation to non-compliance of its guidelines on global payments network SWIFT .

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2EP8CFq