Positive Pay System in Bank of India
We have discussed in our previous articles many time that why RBI introduced Positive Pay System? and How does it work?. As per Reserve Bank of India (RBI) instruction, almost…
RBI imposes monetary penalty on Bank of India
The Reserve Bank of India (RBI) has imposed, by an order dated June 07, 2021, a monetary penalty of ₹4.00 crore (Rupees Four crore only) on Bank of India for…