RBI Fines 19 Banks For Non-Compliance On SWIFT System Use

RBI imposed the fines over the past 4 days, according to stock exchange filings by banks, though specifics of the non-compliance were not disclosed

Banking & Financial Services | | Updated: March 05, 2019 21:26 IST
RBI Fines 19 Banks For Non-Compliance On SWIFT System Use

The penalties totalled more than Rs 40 crore