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RBI imposes ₹5.8 crore fine on 6 entities including PNB, Sodexo
short by Kiran Khatri / on 21 Nov 2020,Saturday
The RBI has imposed a total fine of nearly ₹5.8 crore on six entities for non-compliance of regulatory guidelines. Sodexo has to pay highest fine of ₹2 crore, PNB and QwikCilver Solutions have to pay ₹1 crore each, PhonePe ₹1.39 crore and Delhi Metro Rail Corporation ₹5 lakh. Of the six entities, five are non-bank prepaid payment instrument (PPI) issuers.
short by Kiran Khatri / 09:52 pm on 21 Nov
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