RBI imposes Rs 17 lakh fine on Manappuram Finance for non-compliance of KYC, PPI rules

The Reserve Bank of India (RBI) fined Manappuram Financing Rs 17 lakh for violating KYC and prepaid payment instrument standards. The company was found to be in violation of RBI KYC and minor PPI guidelines.

from Personal Finance News-Wealth-Economic Times https://ift.tt/59Ggs0H