Rbi Imposes Penalty On Deutsche Bank Ag Yes Bank

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business rbi imposes penalty on deutsche bank ag yes bank

The Reserve Bank of India (RBI) has levied penalties on Deutsche Bank AG, India, and Yes Bank for regulatory non-compliance. Deutsche Bank faces a Rs 50 lakh penalty for lapses in creating a central repository for large common exposures across banks. Yes Bank is penalized Rs 29.60 lakh for non-compliance with financial statement presentation and disclosure norms.

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