Current Affairs Economy & Banking

RBI Slaps Rs 1 crore Fine on Indian Bank For Violating Cybersecurity norms

Category : Economy & Banking

 The Reserve Bank of India has imposed a fine of Rs 1 crore on Indian Bank for violating cybersecurity norms. The contravention is with regard to RBI’s directions on Frauds – Classification and Reporting by Commercial Banks. 
Source- The Hindu


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