Kotak Bank

"ICICI Bank Penalized ₹12 Crore, Kotak Bank Fined ₹3.95 Crore by RBI"

"ICICI Bank Penalized ₹12 Crore, Kotak Bank Fined ₹3.95 Crore by RBI"


| Oct. 18, 2023, 11:22 a.m.

"ICICI Bank Penalized ₹12 Crore, Kotak Bank Fined ₹3.95 Crore by RBI"

The Reserve Bank of India (RBI) has imposed economic consequences on ICICI Bank and Kotak Bank, amounting to ₹12 crore and ₹3.Ninety five crore, respectively, as part of regulatory moves, highlighting the valuable financial institution's commitment to preserving subject and responsibility within the banking sector.

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