RBI hit HDFC Bank with Rs 91 lakh penalty for violating Banking Norms
The Reserve Bank of India (RBI) fined HDFC Bank Rs 91 lakh for breaking rules about Know Your Customer (KYC), interest rates, and outsourcing. On Friday, RBI performed a Statutory Inspection for Supervisory Evaluation (ISE 2024) of the bank, looking at its financial status as of March 31, 2024. RBI punish HDFC bank with Rs