×
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

RBI fines HSBC Rs 1.74 cr over compliance violation

The central bank added that HSBC violated rules relating to submission of information to the country's credit information bureaux
Last Updated : 08 May 2023, 13:22 IST
Last Updated : 08 May 2023, 13:22 IST

Follow Us :

Comments

The Reserve Bank of India on Monday said it imposed a fine of Rs 1.74 crore ($212,752.95) on The Hongkong and Shanghai Banking Corporation Limited (HSBC), citing "deficiencies in regulatory compliance".

The central bank added that HSBC violated rules relating to submission of information to the country's credit information bureaux.

ADVERTISEMENT
Published 08 May 2023, 13:15 IST

Follow us on :

Follow Us

ADVERTISEMENT
ADVERTISEMENT