Subscribe To Print Edition About The Tribune Code Of Ethics Download App Advertise with us Classifieds

RBI slaps penalties totalling Rs 10.34 cr on Citibank, BoB, IOB

PTI

Updated At : 02:29 PM Nov 25, 2023 IST

Mumbai, November 24

The RBI on Friday imposed penalties totalling Rs 10.34 crore on Citibank, Bank of Baroda, and Indian Overseas Bank for contravention of various regulatory norms.

The highest fine of Rs 5 crore has been imposed on Citibank NA for non-compliance of norms. A fine of Rs 4.34 core was imposed on the Bank of Baroda and Rs 1 crore on Chennai-based Indian Overseas Bank for violation of certain directions, the RBI said.

Live Matches

Tags :

Mumbai RBI

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Designed and developed by :

RBI slaps penalties totalling Rs 10.34 cr on Citibank, BoB, IOB

PTI

Unlock Exclusive Insights with The Tribune Premium

Live Matches