Rbi Imposes Fine On Manappuram Finance For Violating Kyc, Ppi Norms | Mint - Mint
4/18/2022 12:00:00 AM3 years 10 months ago
by Livemint
by Livemint
The penalty has been imposed in exercise of powers vested in RBI under Section 30 of the Payment and Settlement Systems Act, 2007, it said in a statement.
The Reserve Bank of India (RBI) has imposed monetary penalty of 17 lakh on Manappuram Finance Ltd (the entity) for violating its directions on KYC norms.
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