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The Reserve Bank of India has imposed a monetary penalty of one lakh fifty thousand rupees against the Chhattisgarh, India- based bank for its failure to comply with guidelines on know-your-customer requirements pursuant to the Banking Regulation Act, 1949.
The Reserve Bank of India issued a monetary penalty of ₹2 lakh on the Mumbai, India-based entity for failing to comply with directions issued by the regulator on monitoring fraud.
| Technical | Effectiveness |
|---|---|
| Compliant : 5 | High : |
| Largely Compliant : 25 | Substantial : |
| Partially Compliant : 15 | Moderate : |
| Non-Compliant : 4 | Low : |
| Rank : 70/141 |
| Score : 5.15/10 |
| Rank : 80/180 |
| Score : 41/100 |
| Rank : 47/133 |
| Score : 48/100 |