RBI slaps Rs 10-crore fine on HDFC Bank

“RBI has imposed, by an order dated May 27, 2021, a monetary penalty of `10 crore on HDFC Bank Limited (the bank) for contravention of provisions of Section 6(2) and Section 8 of the Banking Regulation Act, 1949 (the Act),” RBI said. 

from Banking & Finance – The Financial Express https://ift.tt/2SFYqrZ