RBI imposes penalty of Rs 1 crore on Bandhan Bank

Name: RBI imposes penalty of Rs 1 crore on Bandhan Bank
Uploaded: 2019-10-30T08:26:05+00:00
Duration: 1 min 4 s
Channel: Moneycontrol
Description: RBI imposed the penalty on account of failure to pare the shareholding of Bandhan Financial Holdings Ltd to 40 percent of its paid-up voting capital, within three years from commencement of the business of the bank.

Moneycontrol

RBI imposed the penalty on account of failure to pare the shareholding of Bandhan Financial Holdings Ltd to 40 percent of its paid-up voting capital, within three years from commencement of the business of the bank.

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