RBI cracked the whip on banks in 2025—just not as hard
The regulator initially sends a show cause notice to the entity concerned; if it is not satisfied by the response, a penalty follows. The fine also sends a message to the bank's board.
The regulator initially sends a show cause notice to the entity concerned; if it is not satisfied by the response, a penalty follows. The fine also sends a message to the bank's board.
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