May 16, 2025 8:50 PM
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RBI Fines Deutsche Bank ₹50 Lakh, Yes Bank ₹29.6 Lakh for Regulatory Violations
The Reserve Bank of India (RBI) has imposed monetary penalties on two major banks – Deutsche Bank AG, India, and Yes Bank Limited – for violations of regulatory norms. Deutsche Bank AG has been penalised 50 lakh rupees for non-compliance with RBI directions regarding the creation of a Central Repo...