RBI slaps Rs 4 crore penalty on Citibank for non-compliance of regulations

The Reserve Bank of India (RBI) has imposed a fine of Rs 4 crore on Citibank for non-compliance of regulations. In a statement issued on Friday, the RBI said the penalty has been imposed on Citibank N.A. for violation of banking regulations related to customer credentials.

from IndiaTV Business: Google News Feed https://ift.tt/2AiHcYP