Daily Archives: April 28, 2013

Banks can be fined upto Rs 1 crore for violating RBI regulation

Posted on April 28, 2013 by Vijayashankar Na

The Banking Regulation Act amendment Act 2012 which was recently passed by the Parliament has now become effective.(See PIB Press Release). It amends several provisions of the Banking Regulation Act 1949. Some of the amendments are directed towards new Branch … Continue reading →