RBI said that HDFC Bank violated Know Your Customer (KYC) norms, while Punjab & Sind Bank faced penalty for non-compliance ...
According to RBI, the HDFC Bank did not categorise certain customers into low, medium or high risk category based on its ...
RBI imposes penalties on HDFC Bank, Punjab & Sind Bank, and KLM Axiva Finvest for non-compliance with regulations.
HDFC is the largest private bank in India, which has a market cap of Rs 13.82 lakh crore.In September last year also, RBI had ...
HDFC Bank has introduced the Embassy Fixed Deposit for diplomats, non-diplomatic staff, and missions, allowing investment ...
Strong buying across heavyweight financial names like HDFC Bank, ICICI Bank, Bajaj twins, along with Reliance Industries and ...
The last date to invest in special fixed deposit schemes like SBI Amrit Kalash, SBI Amrit Vrishti, SBI WeCare, HDFC Bank ...
A penalty of ₹75 lakh on HDFC Bank has been imposed ... Banks' and 'Financial Inclusion - Access to Banking Services - Basic Savings Bank Deposit Account (BSBDA)'. The Reserve Bank of India ...
The Reserve Bank of India has imposed financial penalties on several banks, including HDFC Bank and Punjab & Sind Bank, for ...
HDFC Bank was not alone, a PSU lender backed by PNB, aka Punjab & Sind Bank also faced monetary penalties. Accordingly, HDFC ...