RBI fines ICICI bank and PNB
- Reserve Bank of India has imposed a fine of Rs 30 lakhs on the ICICI bank for not following the RBI direction on the “levy of charges on customer for the non maintenance of minimum balance in Saving accounts “
- RBI has fined Punjab National Bank Rs 1.80 crore for not following RBI directions on holding shares of a company as collateral .
CEO: Sandeep Bakshi
PNB(Punjab National Bank )
Lala lajpat Rai was the first person to open an account with the bank.
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