![RBI imposes ₹2 cr penalty on SBI, ₹92 lakh on Canara, City Union Bank](https://images.assettype.com/fortuneindia%2F2022-06%2F505134d4-7169-4c12-a2c6-6be3e96b1b04%2FRBI_logo_copy.jpg?w=300&q=95)
RBI imposes ₹2 cr penalty on SBI, ₹92 lakh on Canara, City Union Bank
RBI had recently imposed a penalty worth ₹1.30 cr on SBI for non-compliance with rules related to ‘loans and advances’, ‘intra-group transactions and exposures’
RBI had recently imposed a penalty worth ₹1.30 cr on SBI for non-compliance with rules related to ‘loans and advances’, ‘intra-group transactions and exposures’
SpiceJet says last tranche of ₹25 cr was paid on June 30, 2023, thereby closing the entire loan account taken in 2012
City Union Bank had reported gross NPAs for FY22 as ₹2,192 crore, while RBI assessed it to be ₹1,933 crore, resulting in a divergence of ₹259 crore.