RBI blasts banks on poor compliance, blames it for frauds

Reserve Bank deputy governor MK Jain on Tuesday slammed banks for poor compliance with regulations, and pointed out that high-value frauds and fines are a result of their lackadaisical attitude on this. 

Reserve Bank deputy governor MK Jain on Tuesday slammed banks for poor compliance with regulations, and pointed out that high-value frauds and fines are a result of their lackadaisical attitude on this.  August 20, 2019 at 11:57PM https://ift.tt/2Nkpbxz