The Reserve Bank of India (RBI) on Thursday said he had finished fines in two organizations: JM financial products and India’s credit company. The action was out of date to follow in control.
In the media issuing, RBI announced RS 3.1 Lakh fines in Financial Products can be accepted to comply with certain deposits related to the deposit regulations.
JM financing products did not reveal the party’s transaction related to its annual report, in the middle bank.
The company’s legal examination is made by the RBI with reference to its company’s response to the company’s response, after the company’s response, after RBI Found that the following fee was supported, RBI.
Similarly, the penalty of Rs 2 lakh is set for the India Private Limited credit company with the contribution of certain provisions under Companies (2006, and the laws of credit, 2006.
And learn: RBI plays Rs 76.6 Lakh penalty at 4
According to the RBI, research did not send intimacy in the differences of credit information at the credit bureau at the date of money laundering, prematurely reporting.
The company’s legal examination is RBI according to its financial position as March 31, 2023
The Central Bank specified that penalties were charged due to controlling shortcomings and also imposed the validity of any transaction or agreements with the companies enter their customers.
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