RBI imposes Rs 5 crore fine on Airtel Payments Bank for violating KYC norms

DNA Saturday, 10 March 2018 ()
The Reserve Bank of India (RBI) on Friday slapped a penalty of Rs 5 crore on Airtel Payments Bank Limited for violating know your customer (KYC) norms, an official statement said.

“The Reserve Bank of India (RBI) has imposed, on March 07, 2018, a monetary penalty of ₹ 50 million on Airtel Payments Bank Limited (the bank)...
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