Reserve Bank of India Imposes Monetary Penalty on Dhanlaxmi Bank and ESAF Small Finance Bank

Agency News

⚡Reserve Bank of India Imposes Monetary Penalty on Dhanlaxmi Bank and ESAF Small Finance Bank

By ANI

Reserve Bank of India Imposes Monetary Penalty on Dhanlaxmi Bank and ESAF Small Finance Bank

The actions against these banks were taken based on deficiencies in regulatory compliance and are not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.