The Reserve Bank of India (RBI) on Friday imposed Rs 10 crore fine on HDFC Bank Limited for deficiencies in regulatory compliance. A statement issued by the RBI said that the fine has been slapped for contravention of provisions of section 6(2) and section 8 of the Banking Regulation Act, 1949 (the Act). from IndiaTV Business: Google News Feed https://ift.tt/3vybmyN
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