ETBFSI
May 24, 2025 at 10:28 AM
RBI fines 26 banks, fintechs in May for regulatory breaches; Union Bank, Lendbox latest
This month the RBI cracked down on Banks including SBI, ICICI, Bank of Baroda, Axis Bank, Bank of Maharashtra, Yes Bank and a bunch of cooperative banks for non-compliance over regulatory norms.
Read more at:
https://bfsi.economictimes.indiatimes.com/articles/rbi-imposes-fines-on-26-banks-and-fintechs-for-regulatory-breaches-union-bank-and-lendbox-among-latest-victims/121372707