Tag: RBI Penalty on Yes Bank

RBI Imposed Penalties of Rs 2 crore on IDFC Bank, Rs6 crore on Yes Bank

RBI imposed penalties on Yes bank and IDFC bank of amounts Rs 6 Crore and 2 Crore respectively for contravention of regulatory restrictions pertaining to loans and advances. Details: Both Yes Bank and IDFC Bank has been fined for various reasons. Yes bank has been slapped as a result of breaking guidelines on classifying non-performing assets […]

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