Wednesday, October 16, 2019

RBI imposes Rs 3 crore penalty on SBM Bank

A scrutiny was carried out by RBI to examine the implementation of SWIFT related operational controls in SBM Bank (Mauritius) at its Indian operations, and it was observed that it failed to comply with certain provisions, the RBI said.

from Banking/Finance-Industry-Economic Times https://ift.tt/35EeZH0

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