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RBI fines IDFC FIRST Bank, Kotak Mahindra Bank, PNB for breach of norms

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RBI fines IDFC FIRST Bank, Kotak Mahindra Bank, PNB for breach of norms

This story was originally published at 19:59 IST on April 18, 2025  Back
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The Reserve Bank of India on Thursday imposed a monetary penalty on IDFC FIRST Bank, Punjab National Bank, and Kotak Mahindra Bank aggregating to INR 12.9 million, for non-compliance with several guidelines.

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