RBI Imposes penalty of Rs 75 lakh on HDFC Financial institution for violating buyer KYC instructions, ETCFO
The Reserve Financial institution of India (RBI) has discovered HDFC Financial institution didn’t adjust to sure instructions talked about within the RBI’s Know Your Buyer (KYC) grasp route and therefore imposed a financial penalty of Rs 75 lakh on the financial institution. It’s noteworthy that the KYC grasp round being referred to by the RBI…