RBI slaps Rs 1 cr fine on Yes Bank for non-compliance in Swift operations
On Monday, RBI had imposed a total monetary fine of Rs 8 crore on three banks - Karnataka Bank, United Bank of India and Karur Vysya Bank - for non-compliance of directions on Swift messaging software.
Yes Bank Tuesday said the Reserve Bank of India has slapped a fine of Rs 1 crore on the bank, Photo: Reuters