Reserve Bank imposes Rs 2 cr penalty on SBI

Reserve Bank of India on Tuesday imposed a penalty of Rs 2 crore on State Bank of India (SBI) for contravention of norms, including specific directions to the lender on remuneration to its employees in the form of commission.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/reserve-bank-imposes-rs-2-cr-penalty-on-sbi/articleshow/81543642.cms