RBI imposes Rs 1 crore penalty on PNB for unauthorised ATM operations
NEW DELHI: State-run Punjab National Bank (PNB) on Friday said the RBI has imposed a penalty of Rs 1 crore on it for contravention of the Payment and Settlement Systems Act. “RBI has observed that the Bank was operating a bilateral ATM sharing arrangement with Druk PNB Bank Ltd, Bhutan, (international subsidiary of the Bank), […]