RBI Fines Canara, BOI, and J&K Bank:
RBI penalized Canara Bank (₹1.63 crore), J&K Bank (₹3.31 crore), and Bank of India (₹1 crore) for regulatory non-compliance in areas like loans, data, and KYC.These penalties underscore the RBI’s ongoing efforts to enforce regulatory compliance within the banking sector.
