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RBI Imposes Monetary Penalty on American Express

Summary by studycafe.in

RBI Imposes Monetary Penalty on American Express The Reserve Bank of India (RBI) issued an order dated October 01, 2025 to impose a penalty in powers given by RBI provisions of section 47A(1)(c) read with section 46(4)(i) of the Banking Regulation Act, 1949. RBI imposed a monetary penalty of Rs 31.80 lakh on American Express […]

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1 Articles

1 Articles

RBI Imposes Monetary Penalty on American Express

RBI Imposes Monetary Penalty on American Express The Reserve Bank of India (RBI) issued an order dated October 01, 2025 to impose a penalty in powers given by RBI provisions of section 47A(1)(c) read with section 46(4)(i) of the Banking Regulation Act, 1949. RBI imposed a monetary penalty of Rs 31.80 lakh on American Express […]

1 day ago

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studycafe.in broke the news in 1 day ago on Tuesday, October 7, 2025.

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