
RBI Fines ICICI, Axis, 3 Other Key Banks Over Lack Of Regulatory Compliances
[ad_1] Quick Take Summary is AI generated, newsroom reviewed. The Reserve Bank has fined five banks, including ICICI (Rs 97.80 lakh) and Bank of Baroda (Rs 61.40 lakh), for regulatory non-compliance. Other penalties include IDBI (Rs 31.80 lakh) and Bank of Maharashtra (Rs 31.80 lakh), and Axis Bank (Rs 29.60 lakh). Mumbai: The Reserve Bank…