In a recent enforcement action, the Reserve Bank of India (RBI) has levied substantial fines on two major banks for lapses in regulatory compliance. Axis Bank faces a penalty of Rs 1.91…
Tag: fine
SEBI imposes 5-year ban and ₹25 crore fine on Anil Ambani
The Securities and Exchange Board of India (SEBI) has barred industrialist Anil Ambani from the securities market for five years, accusing him of orchestrating a fraudulent scheme to siphon off funds from…