RBI slaps penalty on Canara Bank, Bank of India, J&K Bank on deficiencies in statutory and regulatory compliance
STC NEWS DESKMumbai, January 24 ( STC): The Reserve Bank in a statement on Friday said it has penalised Jammu and Kashmir Bank, Bank of India, and Canara Bank for deficiencies in regulatory compliance.In each case, the RBI said penalties were based on deficiencies in statutory and regulatory compliance and were not intended to pronounce…