RBI slaps penalty on Axis Bank, HDFC Bank for not complying with directives

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Inflation likely held below RBI's target at 3.

Additionally, the bank failed to ensure that customers are not contacted after 7 pm and before 7 am.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Axis Bank Penalty RBI HDFC Bank

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-10 @ 19:40:36 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 334 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22449540

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 367 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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News Language: English

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Publisher ID: #49

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