RBI Imposes A Monetary Penalty of Rs 56 Lakhs On This Private Sector Bank

The Reserve Bank of India (RBI) slapped a monetary penalty of Rs 56 lakh on The Nainital Bank Ltd (NBL), Uttarakhand, yesterday on 29th October 2021 for non-compliance with directions contained in RBI circulars on "Prudential Norms on Income Recognition, Asset

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