RBI Slaps Rs 5 Crore Penalty On Airtel Payments Bank
Signage for Airtel Payments Bank Ltd., operated by Bharti Airtel Ltd., is displayed outside a mobile accessories store in Bengaluru, India (Photographer: Dhiraj Singh/Bloomberg)

RBI Slaps Rs 5 Crore Penalty On Airtel Payments Bank

The Reserve Bank of India today imposed a penalty of Rs 5 crore on Airtel Payments Bank for breaching operating guidelines and Know Your Customer norms.The RBI had issued a show-cause notice to the...
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