...........An investigation carried out in the bank's Vashi branch revealed that the bank failed to comply with the RBI guidelines on KYC/AML process. Penalizing the urban co-operative bank, RBI said, "The bank had also violated instructions by freezing the account and thus tipping off the customer. It had also closed the audit trail by closing the account."..............
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment