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Why RBI has imposed ₹41.8L fine on Canara Bank

The Reserve Bank of India imposed a ₹1.8 lakh penalty on Canara Bank for failing to upload certain customer KYC records to the Central KYC Records Registry on time.

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newsbytesapp.comStai leggendo1 mese fa

Why RBI has imposed ₹41.8L fine on Canara Bank

The Reserve Bank of India imposed a ₹1.8 lakh penalty on Canara Bank for failing to upload certain customer KYC records to the Central KYC Records Registry on time.

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economictimes.indiatimes.com1 mese fa

RBI fines Canara Bank for violations related to KYC, inactive accounts

The Reserve Bank of India has taken action against Canara Bank, slapping a substantial Rs 41.8 lakh fine for failing to comply with Know Your Customer regulations and for errors in account classification. In a related…

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venerdì 5 giugno 2026·economictimes.indiatimes.com
RBI fines Canara Bank for violations related to KYC, inactive accounts
The Reserve Bank of India has taken action against Canara Bank, slapping a substantial Rs 41.8 lakh fine for failing to comply with Know Your Customer regulations and for errors…
sabato 6 giugno 2026·newsbytesapp.com
Why RBI has imposed ₹41.8L fine on Canara Bank
The Reserve Bank of India imposed a ₹1.8 lakh penalty on Canara Bank for failing to upload certain customer KYC records to the Central KYC Records Registry on time.