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RBI imposes Rs 2.2cr fine on Indian Overseas Bank

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Indian Overseas Bank has been fined Rs 2.2 crore by the Reserve Bank of India for violations, including failure to recognize bad loans and non-compliance with central bank directions.

RBI fines Indian Overseas Bank with Rs 2.2 crore penalty

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Indian Overseas Bank fined Rs 2.2 crore by RBI for non-compliances including income recognition and deficiencies in regulatory compliance.

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RBI imposes Rs 2.2cr fine on Indian Overseas Bank

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Indian Overseas Bank has been fined Rs 2.2 crore by the Reserve Bank of India for violations, including failure to recognize bad loans and non-compliance with central bank directions.

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