rbi’s fine

  • RBI Imposes ₹2.33 Cr Monetary Penalty On Spandana Sphoorty Financial

    The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹2.33 crore on Hyderabad-based Spandana Sphoorty Financial Ltd for its failure to adhere to the pricing of credit guidelines for Non-Banking Financial Company - Micro Finance Institutions (NBFC-MFIs)....

    Published On August 9th, 2022