RBI imposed a penalty of 1 crore on SBI, know the effect on customers?

The Reserve Bank of India (RBI) has imposed a fine on the country’s largest public-sector bank SBI. The RBI has imposed a hefty penalty of Rs 1 crore on the country’s largest lender State Bank of India (SBI) for not following the regulatory directions. RBI has said in this matter that this penalty has been …

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