RBI imposes penalty of Rs 20 million on UBI for flouting KYC norms for certain accounts related to fraud
July 31, 2017
RBI
RBI imposes monetary penalty of Rs 20 million on Union Bank of India for non-compliance with KYC norms for certain accounts related to fraud in a bank Reserve Bank of India Date : Jul 31, 2017 Reserve Bank of India imposes monetary penalty on Union Bank of India The …