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



IndiaInsurance
19th April 2022, 10:47 AM
https://img.etimg.com/photo/90927424.cms (https://economictimes.indiatimes.com/wealth/personal-finance-news/rbi-imposes-rs-17-lakh-on-manappuram-finance-for-non-compliance-of-kyc-ppi-rules/articleshow/90927424.cms)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.

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