
RBI imposes penalty on Bank of Maharashtra, Hinduja Leyland Fin, Poonawalla Fincorp
New Delhi, Aug 16 (UNI) The Reserve Bank of India (RBI) on Friday imposed a monetary penalty on three leading financial firms namely Bank of Maharashtra, Hinduja Leyland Finance Limited and Poonawalla Fincorp for “non-compliance” with certain directions issued by the Central Bank. The Central bank imposed a monetary penalty of Rs 1,27,20,000 on Bank…