RBI imposes penalties on City Union Bank, Mintifi Finserve, and Newa Investments for various compliance violations.

RBI imposes penalties on City Union Bank, Mintifi Finserve, and Newa Investments for various compliance violations.

The Reserve Bank of India has levied fines on three financial entities. City Union Bank faced a penalty for incorrect loan charges and data reporting. Mintifi Finserve was fined…